In November 2006, PAN was privatized in line with Government’s agenda to build a stronger, more competitive and diversified economy; ASD Motors emerged as the successful core investor and took over management of the company in January 2007.
The expectation was that the privatization of PAN would create a quantum leap in performance, but this did not happen as planned.
Following the accumulation of huge non-performing loans (NPL) indebtedness to banks, in October 2012, the Asset Management Company of Nigeria (AMCON) acquired the debts of the company and converted a portion to equity to help restructure the firm.
In the year 2011, the company set the stage for venturing into multi-brand. This was achieved by signing a Technical agreement to assembled Chagan Alsvin in Nigeria. Hence, the company metamorphosed to PAN Nigeria Limited, a multi-brand entity.
Vision: "To be the leader in the Nigerian Automobile Industry driven by superior technology"
Mission: "To manufacture and market reliable vehicles for the satisfaction of our customers and other stakeholders"
Founded: | 1972 |
Technical Partners: | Automobile Peugeot (AP) France |
Production Capacity: | 240 cars per day in 3 shifts |
Current Products: | HIGER H5C and H6C Buses (2019 to date),
Chery Arrizo 5 , Chery Tiggo 4, Chery Tiggo 8 |
Organization structure: | Chairman, Board of Directors, Managing Director, Executive Directors, General Managers: - Industrial, Commercial and Corporate Resources. |
Humairi Ahmed Humairi | Director |
Ambassador Baba Garba | Director |
Taiwo Oluleye, FCIS | Ag. Managing Director |
PAN NIGERIA Limited is currently managed by:
Taiwo Oluleye, FCIS | Ag. Managing Director |
Bawo Omagbitse | General Manager, Strategy & Planning |
Abdulkadir Yinusa | Group Head, Corporate Services |
John Akanmu | Group Head, Finance |
Oladapo Babatunde Ojo | Group Head, Industrial |
Usman Aliyu Mohammed | Company Secretary |
Plot 1144, PAN Drive,
Kakuri Industrial Estate,
P.M.B 2266, Kaduna, Nigeria.
Tel: +234 (0) 705 5001 000,
+234 (0) 704 4446 287,
+234 (0) 701 7777 508
Email: customerservice@pannigeria.com
Websites:http://www.pannigeria.com,
http://www.cherynigeria.com.ng
Plot 109, Ademola Ademola Crescent,
Wuse II, Abuja.
Tel: +234 7034017493
Autonation Building,
Km 18, Lekki-Epe Expressway,
Osapa London,
Lagos, Nigeria.
Tel: +234 703 401 7494
1975 - 1977 | Peugeot 404 Saloon |
1975 - 1986 | Peugeot 504 Saloon & SW |
1975 - 2000 | Peugeot 505 Saloon |
1986 - 2006 | Peugeot 504 Ambulance |
1988 - 2001 | Peugeot J5 and Boxer |
1995 - 2005 | Peugeot 306 Saloon |
1999 - 2008 | Peugeot 406 Saloon |
2009 - 2011 | Peugeot 307 Saloon |
2011 - 2013 | Changan Alsvin Saloon |
2011 | Peugeot Partner Ambulance |
2014 | Peugeot 301 Saloon |
2015 | Peugeot 508 Saloon |
2017 | Peugeot 3008 SUV |
2018 | New Peugeot Pick up |
2019 | HIGER H5C & H6C |
2021 | Chery Arrizo 5, Tiggo 4, & Tiggo 8 |