PhysicsMHD:





"UDBN PLC, established by decree No. 51 of 1992 of the Federal Republic of Nigeria to foster rapid development of urban infrastructure throughout the federation through the provision of finance and banking services, was incorporated as a Public Liability Company in 1993.

UDBN PLC is a bank with majority shares privately owned, a publicly chartered financial service enterprise, with unique function to enhance the flow of credit to infrastructure sector at competitive rates. For more information,"



http://www.udbng.com/aboutUs.php



So UDBN, TUC, and NLC are not under the federal government's watch and people are complaining? They can buy buses from whoever they want.

Dede1:

You are quite a reasonable fellow and I do not expect you to post this deceptive write-up. There is nothing private about UDBN. It is privately owned as corporations such Nigerian Railway Corporation. The appointment of the Director or the CEO of the UDBN is not decided by share holders but federal government of Nigeria through the right ministry.

Could you explain how NLC and TUC factor into buying buses from the money set aside to help private transporters such ABC, Ekene Dili Chukwu, Izuchukwu, Young Shall Grow, Aba/Lagos Promoters, etc?

NLC and TUC do not own or operate a wheel on the Nigerian roads.

PhysicsMHD:

Is this Innoson as well known, outside of the internet, as people think it is? There's probably a reason they never even bothered about Innoson - they probably have no idea about the capabilities or limitations of the company.

Remember, this deal was for 550 buses (mass transit). How many buses did Innoson make for Enugu? 30. Whether Innoson was capable or not may not be the issue. Nobody knows whether they're capable. Same for Anammco. They need to promote themselves more/better, probably.

PhysicsMHD:

Is this Innoson as well known, outside of the internet, as people think it is? There's probably a reason they never even bothered about Innoson - they probably have no idea about the capabilities or limitations of the company.

Remember, this deal was for 550 buses (mass transit). How many buses did Innoson make for Enugu? 30. Whether Innoson was capable or not may not be the issue. Nobody knows whether they're capable. Same for Anammco. They need to promote themselves more/better, probably.

Obiagu1:

. . . but the company was commissioned by GEJ, right?

naijaking1:

There is nobody you'll finance to produce 550 buses that wouldn't become an expert after making the first few units. Apart from Innoson and Annamco( which unfortunately belong to the dreaded Igbos!) there are the Styr company in Kano, and Leland co. in Ibadan. If you give any of them this contract, they will perfect bus production so much after a few trials and error( assuming they have no idea how to make one initially) that the whole World will be coming to buy buses in Kano, Nigeria.
What's wrong with Nigerians

PhysicsMHD:

True. But they had not yet performed when he commissioned them. I was not clear. I meant, are they known as the go-to people for buses? Or are they still growing so as to earn that reputation?

I thought Leyland motors is dead. I don't even know of this Kano company.

I wasn't talking about expertise in making the buses. Afterall Anammco was once under Daimler-Benz, so it's not a question of expertise. (But for the record, "become an expert after making the first few units" is not a reasonable approach for a company seeking to take on a big contract )

Perhaps your overemotional approach to everything made you completely sidestep the point I was making. For you everything is ethnic because you lean a little to the ethnic bigot camp.

I was talking about the ability of a company to provide hundreds of a quality product in a reasonable time scale or a time scale seen as optimal by the buyer. Is a company that seems to be getting off the ground and in the early growth stage such a company? Maybe, maybe not. They could absolutely have the capability. But without them advertising that capability, there would be nothing that would make a prospective buyer immediately seek them out if their expertise, quality, and capability to deliver is not founded upon an already existing reputation or upon a very good sales pitch/marketing strategy.

naijaking1:

It will do you a whole lot of good to at least know basic things around you. The Styr motor company in Kano is almost going out of business, because nobody is offereing a 550 bus contract.
Your idea of quality is warped.
Remember my earlier example about the Chinese and 30 airplanes from Boeing? Today, the Chinese have been able to translate some of their knowledge from commercial Boeing 747 planes to fighter jets. The buyer always determines quality.

Obiagu1:

^^^

They might not offer them the whole 550 buses but a percentage will do the local industries some good. Don't you think so?

Government is still the largest market for brand new cars and buses in Nigeria because salaries are too low, so if you expect the companies to show themselves, hike salaries to enable individuals make some choice.

PhysicsMHD:

2. Offering a large 550 bus contract to a dying company - company that was not even able to survive or thrive on a day to day basis. Does that make sense?   So when you see that a company has no reputation, or has no success in dealing with the ordinary, you rush to offer it a large and extraordinary contract that could have an impact on your country's development/improvement?

Justcash:

[b]This is the reason why Nigeria will never ever develop. Nigerian leaders and some Nigerians are annoyingly blind. Look at morons arguing that it is better to import cars into Nigeria than manufacturing them. Do you all know that in this type of deal;

1. Purchase Agency Consultancy services will be paid for?
2. Export and Import fees will be paid?
3. Shipping cost will be paid?
4. The Cost of Buses will be paid for?
5. Internal transportation of those buses to their locations will be paid for?

If the buses were bought from Nigerian manufacturers;

1. Cost of Buses will be paid for.
2. Internal transportation cost will be paid for.
3. The buyers can personally supervise the production of their buses.
4. The local bus manufacturers can easily offer first hand maintenance servies
5. Jobs will be created during Production, sales and Maintenance.

Now, can someone tell me which one is preferable? those of you talking about quality does not understand that the buyers will have a higher chance of supervising and ensuring quality when these buses are manufactured in Nigeria than when they are made in China.

WHAT IS WRONG WITH NIGERIANS? MY GOD!!!!!!

SEE AN OPPORTUNITY TO CREATE JOBS, YET SOME NIGERIANS ARE AGAINST IT BECAUSE OF SOME STOOPID REASONS. HOW CAN JOBS BE CREATED WHEN WE KEEP IMPORTING THINGS THAT WE CAN MAKE FOR NO GOOD REASON?

All the government needs to do is to impose tax on imported cars and make them costlier than locally made cars, so that the local manufacturers can gain some patronage to aid their survival, while the government will make income from the tax (People will keep buying imported cars).
common sense!  In the long run, this will make popular car manufacturers to embark on FDI in Nigeria, because Nigeria's population is just too attractive, and more jobs will be stimulated. Gawd!!!! Some Nigerians are so dumb!!!

How can Nigeria's dwindling manufacturing base be salvaged when Nigerians think that it is safer and cheaper to import from outside?

I detest eku-bear and those that feel that Nigerian manufacturers are not worth patronising. Pardon me, but their arguments just showed how useless some Nigerians are.
If I produce DVD machines in Japan, and decide to call them a twisted "Nnamdi" e.g Nnamotosoki. Eku bear and his fellow morons will rush to buy them, than if I had a branch in Nigeria that had produced the same DVD machines and simply called them"Nnamdi". These DVD machines may be produced in Nigeria by the my same Japanese employees, with the same equipments and same quality. Yet it will be despised because it is made in Nnewi and Nigeria.

Nigeria is a hopeless country. I don't even advise any profit-focused manufacturer to manufacture in Nigeria, especially my fellow Igbos, because their products will be despised.

Until disintegration of Nigeria becomes a reality, Nigerians shall never see progress. It will be 1 step forward, 1000 steps backwards always.[/b]

Justcash:

I detest eku-bear and those that feel that Nigerian manufacturers are not worth patronising. Pardon me, but their arguments just showed how useless some Nigerians are.
If I produce DVD machines in Japan, and decide to call them a twisted "Nnamdi" e.g Nnamotosoki. Eku bear and his fellow morons will rush to buy them, than if I had a branch in Nigeria that had produced the same DVD machines and simply called them"Nnamdi". These DVD machines may be produced in Nigeria by the my same Japanese employees, with the same equipments and same quality. Yet it will be despised because it is made in Nnewi and Nigeria.

againstGEJ:

Calm down - come on. Talk is cheap, and all you have done is just talk nothing else.

All these because a private organisation that has nothing to do with government decides to source their needs from somewhere else, then Nigeria is hopeless and should dis integrate? How many made in Nigeria products are on you as we speak? including the pant that you put on?

Your arguments are so sentimental and devoid of points that can be looked into and discussed.

When Lagos State under BRT bought their buses, where were yah? Even ordinary Church, example Winners Chapel, Redeem etc, when they bought their fleet of buses running into hundreds, none of them went to Annamco or Innoson, ask them why, they must have their reasons. It is anybody's business to spend their money buying products from where they like. Calm down. Nigeria will not dis integrate because we dont buy cars from these sources.

Justcash:

This is the reason why Nigeria will never ever develop. Nigerian leaders and some Nigerians are annoyingly blind. Look at morons arguing that it is better to import cars into Nigeria than manufacturing them. Do you all know that in this type of deal;

1. Purchase Agency Consultancy services will be paid for?
2. Export and Import fees will be paid?
3. Shipping cost will be paid?
4. The Cost of Buses will be paid for?
5. Internal transportation of those buses to their locations will be paid for?

If the buses were bought from Nigerian manufacturers;

1. Cost of Buses will be paid for.
2. Internal transportation cost will be paid for.
3. The buyers can personally supervise the production of their buses.
4. The local bus manufacturers can easily offer first hand maintenance servies
5. Jobs will be created during Production, sales and Maintenance.

Now, can someone tell me which one is preferable? those of you talking about quality does not understand that the buyers will have a higher chance of supervising and ensuring quality when these buses are manufactured in Nigeria than when they are made in China.

WHAT IS WRONG WITH NIGERIANS? MY GOD!!!!!!

SEE AN OPPORTUNITY TO CREATE JOBS, YET SOME NIGERIANS ARE AGAINST IT BECAUSE OF SOME STOOPID REASONS. HOW CAN JOBS BE CREATED WHEN WE KEEP IMPORTING THINGS THAT WE CAN MAKE FOR NO GOOD REASON?

All the government needs to do is to impose tax on imported cars and make them costlier than locally made cars, so that the local manufacturers can gain some patronage to aid their survival, while the government will make income from the tax (People will keep buying imported cars).
common sense!  In the long run, this will make popular car manufacturers to embark on FDI in Nigeria, because Nigeria's population is just too attractive, and more jobs will be stimulated. Gawd!!!! Some Nigerians are so dumb!!!

How can Nigeria's dwindling manufacturing base be salvaged when Nigerians think that it is safer and cheaper to import from outside?

I detest eku-bear and those that feel that Nigerian manufacturers are not worth patronising. Pardon me, but their arguments just showed how useless some Nigerians are.
If I produce DVD machines in Japan, and decide to call them a twisted "Nnamdi" e.g Nnamotosoki. Eku bear and his fellow morons will rush to buy them, than if I had a branch in Nigeria that had produced the same DVD machines and simply called them"Nnamdi". These DVD machines may be produced in Nigeria by the my same Japanese employees, with the same equipments and same quality. Yet it will be despised because it is made in Nnewi and Nigeria.

Nigeria is a hopeless country. I don't even advise any profit-focused manufacturer to manufacture in Nigeria, especially my fellow Igbos, because their products will be despised.

Until disintegration of Nigeria becomes a reality, Nigerians shall never see progress. It will be 1 step forward, 1000 steps backwards always.

eku_bear:

Lol. Your argument is garbage. And never in your life put my name and m.oron in the same sentence. You who are not fit to lace my shoes, calling me a m.oron?

I laugh in Igbo.

Justcash:

[]Look at how many made in Japan electronics that you have. You may just have my brand among them. Those products would have been made in Nigeria if your local and illiterate brain was big enough to understand the principles of economics. If you think it is cheaper to manufacture in a foreign land than in Nigeria (Even with all the lack of basic infrastructures), then you must be a Demented backside-h_ole.
Don't worry, one day, you will wake and find a Chinese Eku-bear, and you'll feel it is okay to have another not-so-smart person that is made in China. Ewu! [/b]

Onlytruth:

Nigeria is one country where you see thoroughly educated folks failing WOEFULLY in simple logic.  

Please note that for 43 years (since after the war), Nigeria has not moved an inch. And year after year, they keep appointing "educated" Nigerians to positions of responsibility only for them to fail serially.

Without any apologies whatsoever, the only time I hold out some hope in Nigeria is when the appoint educated Igbo to sensitive positions; from NAFDAC, to CBD to Nigerian Immigration; nothing happened until they appointed Igbo folks.

I told eku_bear that there is a cultural and philosophical gap between Igbo and other Nigerians, and I meant it.
Something so simple is so difficult for Nigerians to comprehend and follow.

Look at when they appointed one "Tom Iseghohi" to head Transcorp. The dude camp with his education and pedigree, yet, he orchestrated theft and incompetence there. Look at Olusegun Aganga!  

Look at the CBD and Sanusi. His coming to the bank killed Nigeria's match to being the financial hub in Africa and the world.  

Look at Attihiru Jega, a "renowned and no-nonsense professor" trying to outdo a known crook called Maurice Iwu in "pre-election rigging" or votes. At least Iwu waited till the election. This one couldn't wait!

So, you see why I'm saying that Nigeria should really divide, because since 1970, we (Biafrans) could have developed up to the stage of Israel or even Sweden.

Let "educated" men keep lying to themselves. One day, they will live by themselves and we would be gone.


Innoson should relocate to Ghana if the Federal government fails to give it some share of this contract.

PhysicsMHD:

lol, you really believe only Igbos do anything good for Nigeria and every non-Biafran group is trash? And then you wonder why you have so many enemies on this site.

With regard to a Tom Iseghohi, I believe a certain Mike Okoli was arrested along with him and also charged with fraud. I wonder what ethnic group Mr. Okoli was from.  

Justcash:

Look at how many made in Japan electronics that you have. You may just have my brand among them. Those products would have been made in Nigeria if your local and illiterate brain was big enough to understand the principles of economics. If you think it is cheaper to manufacture in a foreign land than in Nigeria (Even with all the lack of basic infrastructures), then you must be a Demented backside-h_ole.

alj harem:

did you just call dapo ewu, illiterate

guy you are clearly out of your league here take my advice go sleep mumu

Onlytruth:

Mike Okoli was not the CEO and MD of Transcorp. Mr Tom Iseghohi was.

lol, you really believe only Igbos do anything good for Nigeria and every non-Biafran group is trash?

Justcash:

[]Dapo and you reason like goats. Especially you. You are a bigger goat because you over value your "goaty" mate. Just a fact.[/b]

Justcash:

Look at how many made in Japan electronics that you have. You may just have my brand among them. Those products would have been made in Nigeria if your local and illiterate brain was big enough to understand the principles of economics. If you think it is cheaper to manufacture in a foreign land than in Nigeria (Even with all the lack of basic infrastructures), then you must be a Demented backside-h_ole.
Don't worry, one day, you will wake and find a Chinese Eku-bear, and you'll feel it is okay to have another not-so-smart person that is made in China. Ewu!

jason123:

Guy, calm down. Dapo was discussing this issue from an econmic point of view which is the comparative advantage while you are looking at it from a tribal or ethnic point of view. It is not a conspiracy against anyone, please cheer up.

eku_bear:

God in heaven! You are a dumbass. Are you really involved in any sort of legitimate business? No doubt a drug pusher, that is what you are exporting.

Labor is cheap in Nigeria, yes. But obviously if that were the only input, then Nigeria would have a significant competitive advantage against most other countries, and would likely be a net exporter of finished goods.

Is this the lot of your typical Igbo businessman? Beg and plead for others to buy their sh1tty products, then threaten to secede if they don't? No wonder everyone on earth hates your kind.

This is what I don't get about the Jewish comparisons. At least Israelis MAKE stuff that I like to buy. CPUs from a plant in Israel. I even saw some underwear from Israel one time at Wal-Mart. Never hear about the Jewish man begging for a handout.

Abeg, no beggars permitted. You won't get a dime from me.

alj harem:

jason123, no vex me oo

he was just joking,.,.,. how can he be that ethnocentric,.,. it unreal ,.,. i mean even to business

i agree with onlytruth on the idea of buying from a nigerian firm but the price and quality has to be right

jason123:

Guy, calm down. Dapo was discussing this issue from an econmic point of view which is the comparative advantage while you are looking at it from a tribal or ethnic point of view. It is not a conspiracy against anyone, please cheer up.