By Vincent Ujumadu
Based battery manufacturing company, the Ibeto Group, has attributed the loss of 2000 jobs in the company within the last three years to the uncontrolled dumping of cheap battery from China.
Chairman of the company, Chief Cletus Ibeto, said in Nnewi that due to the dumping, his company could no longer sell its products at competitive prize, hence the sacking of nearly 2,000 workers and closure of its Friction Parts Plant in 2013.
He said: "With our 28 years in the business of batteries manufacturing in Nigeria, we remain the only batteries manufacturing company to have survived the very harsh manufacturing environment in Nigeria.
"However, the unfriendly manufacturing environment in Nigeria continued to take its toll on the company, forcing a reduction in staff strength from 1,230 in the 1990s to 450 currently, while production dropped from 1,000,000 units in the 1990s to 1,250 units per month presently."
He explained that if the batteries coming into the country from China were controlled, the group could produce 1,200,000 units of battery per annum from the present 360,000 units, adding that the company was prepared to play active role in economic recovery of Nigeria by guaranteeing employment and reducing crime.

Lalasticlala

http://allafrica.com/stories/201701170403.html

Why is their battery more expensive than those from China?

RealityShot:
Why is their battery more expensive than those from China?

The Chinese use the cheapest technology worldwide. there are countries that have banned imports from China irrespective of quality.

90% of nairaland guys that do drop shipping buy from China because products are cheap, else the dollar crunch won't allow them make a farting as profit.

nobody's business when Quality is questioned

markbenny:



The Chinese use the cheapest technology worldwide. there are countries that have banned imports from China irrespective of quality.

90% of nairaland guys that do drop shipping buy from China because products are cheap, else the dollar crunch won't allow them make a farting as profit.

nobody's business when Quality is questioned

Why is ibeto not using the cheapest technology?

what technologies might those be?

he didnt talk about quality; so lets leave that alone.

RealityShot:
Why is ibeto not using the cheapest technology?

what technologies might those be?

he didnt talk about quality; so lets leave that alone.

availability of raw material

local production in Nigeria at the moment can not be compared to that of China. we are talking of boosting local production to become self sufficient and even start exporting like China

markbenny:



availability of raw material

local production in Nigeria at the moment can not be compared to that of China. we are talking of boosting local production to become self sufficient and even start exporting like China

you mean ibeto is importing raw materials?

that is bad!

what we mean by boosting local production is: to use OUR raw materials.
we have ample raw materials that need processing...

if its not profitable to import raw materials and manufacture, then why do it? No economic sense in that.

even china have things they import till tomorrow.

we should produce what we can and import what we cant produce reasonably at home.

America can produce phones and many other stuff at home but, they import from china, why?

because its cheaper to make an iphone with cheap labor and elecetricity in china