[size=14pt]Automobile firm debuts in Ondo[/size]

EFFORTS by the Governor Olusegun Mimiko's administration to boost industrialisation through Public Private Partnership (PPP) has started to yield result following the ground breaking of an automobile plant at Bolorunduro in Ondo East Local Council.



http://odili.net/news/source/2010/jan/19/10.html

At the ceremony held along Ondo-Akure road, the governor expressed optimism that the BMG Automobile Plant, when completed, would provide employment opportunity for the youth and also boost the economy of the state.

According to a statement, the governor assured prospective industrialists of his administration's readiness to provide maximum support for their business to thrive, disclosing that the state government would have 10 per cent equity in the BMG Automobile Plant.

"What we are doing today is a landmark project that will boost the socio-economic landscape of our state. Be rest assured that your government will do everything possible to support you, and support others that are still coming," the governor said.

He added: "I congratulate our people. I can assure you that we shall give all the supports that will make this company survive so that the lives of our people can improve."

Mimiko, who was represented by the Commissioner for Commerce and Industry, Mr. Akin Akingbesote, urged the people of the state to take advantage of the numerous windows of opportunity to improve their businesses.

In his speech, the Chairman of BMG Automobile Plant, Dr. Lanke Bademosi, disclosed that the plant would cost $300 million, adding that about $100 million would be expended before the end of this year.

He stated that about 3,000 youths would be engaged and the company's operation would be carried out with 100 per cent solar power.

Good news for once if it materializes

certainly good news

More refreshing than the usual Boko haram and Kalakato.

gr8

Will it see the light of the day?

Another elephant project that will be used as a means of embezzling money.

Another elephant project that will be used as a means of embezzling money.

Can I please ask anyone who's not of Ondo origin to please not make any negative comments? Some people on Nairaland are known not to see anything good in whatever effort a governor is making, even if he's a "Fashola". Please keep your mouth shut if you haven't got any good thing to say and don't bring your usual "negative prophecy" into this matter. Thank you.

Its so good to hear good news anytime anyday. Moreover I have faith in this project since it is a private sector initiative.

Good news, and i like the fact that it will be solar powered.

How can you run an automobile plant on solar? This project seems like one of them elephants.

Let it work out first

I'm following Governor Mimiko's progress. It seems the guy is serious about turning around the fortunes of Ondo State. He has been making a lot of good moves recently. He also seems to be an intellectual and has a lot of support from his people. Ondo State has the potential to develop rapidly in the hands of a focused governor. I'm watching Mimiko.

Mimiko and Labor party has actually been working well for Ondo, just under the radar.
Kudos for ondo

I'm impress at least so many unemploy people will get job, Mimiko keep it up.

Well let's wait till it's up and running . You know in Nigeria we have gre8t ideas.

Good Idea but are they ready for the sacrifice?

Can the Mimiko and his cabinet give-up their luxurious foreign cars and use those that would be locally made from this plant?

Never liked that Mimiko guy, UNTIL RECENTLY, hmmm, i think he's working hard!

FROM THE WEBSITE BELOW. . .
BMG International is a company whose main mission is to alleviate the problems of transportation in Africa. The company was established in May of 2000 with the astute vision of Dr. Adelanke Adebayo Bademosi and Engr. Andre Adetula Bademosi with their own private funds.

The company’s headquarter is in Lagos, Nigeria. We plan to establish a gated state of the art showroom in Victoria Island Lagos, Nigeria. As a fast growing company in the realm of automobile business our products are environmentally friendly and boast to meet any current requirement from departments of transportation while ensuring good air quality. We strongly realize the threat that global warming placed on the continent of Africa and the world at large. We have partnership with several eminent automobile companies in Asia to ensure adequate training of our staff and engineers.

BMG is the future of Africa transportation with goal of manufacturing precision aided automobiles and our products are the best in fuel economy. Strict quality assurance, guarantee our products as the top-seller and highest rating in customer satisfaction. Our assembly plant which shall be located in Ondo State of Nigeria will be capable of producing about 50,000 vehicles per year by the time we completed the final phase. This project is estimated to cost about 75-100 million USD and will provide employment opportunity to over 3000 people. As part of our leadership ambition, plans are in effect to incorporate hybrid cars and also to introduce electric vehicles in the nearest future.
PROPOSED BMG AUTO FACTORY



PRODUCTS

AVAILABLE IN 2 X 4WD AND 4 X 4WD SPECIFICATIONS
WITH 3 ENGINE MODELS
1. 491Q TOYOTA TECHNOLOGY.
2. 4G64S4M MADE BY MITSUBISHI JOINT-STOCK MANUFACTURE.
3. 4JB1 ISUZU DIESEL TECHNOLOGY.

FEATURES

1. 220MM MINIMUM GROUND CLEARANCE
2. MANUAL 5- GEAR TRANSMISSION
3. RECIRCULATING BALL TYPE HYDRAULIC POWER STEERING
4. REMOTE CONTROL CENTRAL LOCK
5. MECHANICAL KNOB CONTROL MIRROR
6. HIGH BACK RECLINING CLOTH SEATS
7. HIGH LEVEL BRAKE LAMP
8. ALUMINUM WHEEL/215 TYRE
10. MANUAL REAR VIEW MIRROR
11. ENERGY ABSORBING BUMPER
12. FRONT DUAL CROSS MEMBER INDEPENDENT SUSPENSION
13. REAR ELLIPTIC LEAF SPRING
14. COMPACT TYING HOOK
15. CENTER OPENING BACK DOOR



http://www.bmgauto.com/home.html

This is for real guys,i wish the ondo state govt well. . .and nigeria success

semid4lyfe:

Another elephant project that will be used as a means of embezzling money.

If you call this a white elephant project what will you call Akala's 4.9 Billion naira to r[b]enovate[/b] hospitals? i beg the success or otherwise of this project is easier to verify than Akala's 4.9 billion project, so if this governor is lying or looking for way of siphoning fund it will be obvious for eveyone to see that the project is another ajaokuta

@ paddy lo

Thanks for the information. God bless you. Cheers.

Their truck above looks like chevy Avalanche

tunnytox:

If you call this a white elephant project what will you call Akala's 4.9 Billion naira to r[b]enovate[/b] hospitals? i beg the success or otherwise of this project is easier to verify than Akala's 4.9 billion project, so if this governor is lying or looking for way of siphoning fund it will be obvious for eveyone to see that the project is another ajaokuta

Akala's renovation project is also important for adequate healthcare as long as he gives a detailed description on what he renovated. I don't see it as a white elephant project at all.

Not surprising that Gov. Mimiko is on the list of progressive Nigerian Governors under my radar.
Well done Govenor,but I am still watching.
The verdict is not out yet.

Another sweet news from the south.

What do we hear from the north,muttalab,boko haram,jos crises (part 2),etc

Great news, a great man in the making.

Great plan.Nigerians are watching.

Change of my mind, when I look at those pictures, then this is nothing but 419!

They cant produce such Car in Nigeria at this moment, there is even no 'eletricity' to produce spoons!

And importing the part and assemblying it cant survive against used cars from Europe!

otawa:

Change of my mind, when I look at those pictures, then this is nothing but 419!

They cant produce such Car in Nigeria at this moment, there is even no 'eletricity' to produce spoons!

And importing the part and assemblying it cant survive against used cars from Europe!

hater and a clown

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