biggozz:

This guy was already employing over 5000 people over a decade ago in his vegetable oil and auto lubricants factories. I just initiated a move in my firm which consults for growing businesses to ensure this initiative explodes!!, Just hope the man has been exposed to the needs of institutionalising a business, the one man business ideology has been killing my ibo brothers as it makes them shut out every move for networking and professional supports.

biggozz:

This guy was already employing over 5000 people over a decade ago in his vegetable oil and auto lubricants factories. I just initiated a move in my firm which consults for growing businesses to ensure this initiative explodes!!, Just hope the man has been exposed to the needs of institutionalising a business, the one man business ideology has been killing my ibo brothers as it makes them shut out every move for networking and professional supports.

edoyad:

See the kind of unequivocal support Obama is giving to the US auto industry, na now we go know whether 7 point Agenda is just BS or not. The Kias and Hyundais needed South Korean state support to become what they are today. If your government doesn't buy your vehicles who will ?

Aloy.Emeka:

I don't think the Hyundais, Daewoos and Kias received any form of financial help from the Korean government. Must our government help in every sector?. The only help he needs from government is the provision of adequate amenities like power, roads and political stability in order to attract investors.

Onlytruth:

Ah, Ol' boy you sure so? I hate quoting Wikipedia but the quote below shows just a little of a WHOLE LOT that the auto manufacturing countries do to aid their local manufacturers:

In order to develop the automobile industry, the Korean government announced the "Automobile Industry Promotion Policy" in 1962, and The Automobile Industry Protection Act to protect the infant industry. Foreign automakers were barred from operating in Korea, except in joint ventures with local business entities. The government's efforts led to companies that were established in other businesses entering the industry, and the formation of new startups. Three companies were established in 1962:

http://en.wikipedia.org/wiki/Automotive_industry_in_South_Korea

I boldly state that the top auto manufacturing companies in the world enjoy huge government subsidies and grants. Nigeria just need to get serious with these things to enable us start shifting away from oil money. We need to massively invest in companies and startups like this one. I'm only assuming that we have a country that sees prospect for greatness first in ventures before seeing tribe or region.

vislabraye:

This is a good start !!

His company needs support. It would be good for us to be the 1st African country to manufacture it's own vehicle brand

If Nnewi assemblys 50% of cars used in Nigeria and the sub region,do you know how many thousands of jobs that will be created. [b]The revenue will surpass oil. [/b]Sick idiots.Let them force themselves out of hospital.Ala were kwe ha.

The best support for his company will be provided if Nigerians decide to buy his cars; buy Nigerian cars !!. The japanese are encouraging japenese people to buy japenese cars First

SEFAGO:

, olodo

SEFAGO:

Problem no.1 how safe are these cars: I did not see anywhere it was shown that the cars passed several car examination exams, all i read was the car was made, blah, blah blah. The japanese test their cars severely and are known for making some of the finest cars which have been well tested. however, these cars are of doubtful origin- if i hear a car is made in nigeria, I wuld definitely make an effort to at least check it out. But I would also want to be sure that when i get in, I am going to get out of it alive. Its just like telling an Indian they should patronize TATA motors because they are indian, when it is 50% likely they are going to die in that car.

Problem no. 2: Yes, the Government should support this company, but we do not have the prerequisite policy system to do. We do not have a ministry of science and technology, that makes an effor to produce grants to companies who plan to do reserach and technology in Nigeria. This so called car you are all talking about is one probably made from a prototype- it is nothing unique. However, getting to your destination starts with a single step, and this is welcome news. i do believe that even 10% for small business by the nigerian government could yield abundant fruit since hungry nigerians are bursting with ideas