revolt: before last year he was a multi millionaire. it'd shock you, he started that plant with bulk of his personal funds.
even subsidy thieves like otedola still take loans to import fuel, which they end up not importing in approved quantity.

asha 80: hmmmm...so nissan wants to partner innoson....i wonder in what capacity.

asha 80: hmmmm...so nissan wants to partner innoson....i wonder in what capacity.

kettykin: The much touted Nissan/Renault patnership with Innosson would help innosson to capture the salon car segment of the Auto mobile industry in Nigeria, unlike the other car manufacturers this win win partnership would enable innosson to either assemble Nissan/Renault brands or build wholly new sedans with Nissan inputs like Engines and other vital components , Innosson should endeavour to explore the possibility of diffusing ownership through the Stock market such that more people can buy into the ownership and structure, raising the stakes high through exports to neighbouring African countries, partnering Research institutions like the universities , polytechnics to deepen R and D into making cars that will be cheaper, more reliable, more affordable, more fuel efficient.

I understand the car manufacturing outfit is based in Nnewi, this is an opportunity for a large number of genuine parts manufacturer, suppliers, designers to open shop in Nnewi.

Nissan is currently number 6 in the world and the Alliance with Innosson would deepen their presence in West Africa and East Africa markets