Fhemmmy:


How many of those companies already build the factory where the rides will be made or where they will be assembled? So why not wait till production has started before the policy . . . . If they are so confident in what they are doing, leave people with choices of either buy "Made in Nigeria" brand new or used that are imported . . . . . America produces and assembles and yet people still import rides there . . . Canada do same, so why do we have to force people to use ONLY "Made in Nigeria"
A nation where Quality is lacking as long as money exchange hands, will you trust the testing to be done well, if AT ALL?

jkross:
For a man that served as vice president to Late yar adua God bless his soul...one would expect much from him in his first tenure as president but its with heavy heart that I say this "GEJ has performed below expectations,though its not been easy considering the fact that never in the history of Nigeria have any government experience such a high level of opposition both within and outside the country....His policy to revive the auto industry is. Welcomed but premature one cos I rather go on foot than buy that innoson rubbish called car....

Collynzo22:

It is not by force to own a car.
If you can get a brand new one or pay the extra charges 2nd hand, use a taxi or get a bicycle.

megacool360:


I read the OP's post very well and i'm sure if you did too, you'd realize there was never a place the OP implied the fG will force people into using ONLY MADE IN NIGERIA cars. The policy much to my understanding still leaves all with the same options that has always been there; buy the made in Nigeria cars OR import a new car if you can afford it OR pay the heavy duty and still import your tukumbo, whichever one you wish for, it's your choice. Some countries, even South Africa don't even give you an option of importing tukumbos and today, their automobile industry is a commendable one.

As for the factory thingy, productions are already ongoing as some cars are being made (atleast assembled) here in Nigeria; Innoson, KIA, Hyundai among others.

MissMeiya:
This administration is actually BRAIN DEAD.

Let me break this down:

Discouraging imports is great for stimulating local economy: WHEN THE LOCAL PRODUCTION ACTUALLY EXISTS. For too many things in Nigeria, the consumption FAR EXCEEDS LOCAL PRODUCTION. The market actually depends on importation for SURVIVAL.

You can't buy what doesn't exist.

So what does this mean? People will continue to import because they HAVE to, even with the increased import taxes:

• They will just pay the increased cost--defeating the purported goal of reducing imports
• They will bribe someone--increased corruption
• They will smuggle it in from neighboring countries--giving more money to other countries

The last is the most likely outcome, as it is already happening. I'm sure car dealers in Benin Republic want to kiss our administration. Look at this picture of a car lot RIGHT NEXT to the border. Those cars weren't made in Benin.

kennaustine:
^^^ Whats really wrong with y'all APC propagandist? The increase in tariffs for imported automobile is to encourage local automobile manufacturers. Common SS2 Economics student will tell you that one way of encouraging local production is increasing import tariffs. That's called Import Substitution Strategy. Aren't you ashamed that Nigeria has become a dumping ground for every kind of crap produced in other climes? We have Innoson, PAN, ANNAMCO, VON, Nissan and other automobile manufacturers in Nigeria and we know that government is trying to revitalize them so as to boosts our economy. Yet you criticize this one very good move government makes to see to its realization. Many of these imported cars have been used for above five years and then they're moved to Nigeria for dumping, after which when you buy, you'll use for no more than three years and the money u would have spent on repairs and maintenance may have exceeded the original cost. Some brand new Innoson cars go for 1.5m and they're trying to beat it down to 1m. So which is better ; buying a brand new car for 1.5m and enjoying it for 3 to 4 years without excessive repair cost or buying a tokie car for 800thousand and spending over 500thousand on repairs in 3 years. A relation of mine has spent about 300th on repairs on a tokie car he bought for about 800th and the car IS STILL HAVING ISSUES. Wont it have been better to just buy a brand new made-in-Nigeria car and save yourself some unecessary stress. Why are we so used to cheap craps and worthless articles? Is that what APC wants for us? SMH. Which way Nigeria? #SeeBeyondPropaganda

eaglechild:

Many people perish because they lack knowledge.

Information is power.

Explore your environment.

http://www.kiamotorsnigeria.com/kia-partners-diamond-bank-auto-loan-scheme-emi-low-n37000/

http://www.kiamotorsnigeria.com/kia-motors-nigeria-patrners-fcmb-auto-loan-finance-scheme/

drlawizle:


Can you prescribe an affordable brand new German or Japanese automobile that goes for 1.5million?

Before you answer I'm not talking of that kpangolo called Kia oh! So think b4 you vomit

kennaustine:
^^^ Whats really wrong with y'all APC propagandist? The increase in tariffs for imported automobile is to encourage local automobile manufacturers. Common SS2 Economics student will tell you that one way of encouraging local production is increasing import tariffs. That's called Import Substitution Strategy. Aren't you ashamed that Nigeria has become a dumping ground for every kind of crap produced in other climes? We have Innoson, PAN, ANNAMCO, VON, Nissan and other automobile manufacturers in Nigeria and we know that government is trying to revitalize them so as to boosts our economy. Yet you criticize this one very good move government makes to see to its realization. Many of these imported cars have been used for above five years and then they're moved to Nigeria for dumping, after which when you buy, you'll use for no more than three years and the money u would have spent on repairs and maintenance may have exceeded the original cost. Some brand new Innoson cars go for 1.5m and they're trying to beat it down to 1m. So which is better ; buying a brand new car for 1.5m and enjoying it for 3 to 4 years without excessive repair cost or buying a tokie car for 800thousand and spending over 500thousand on repairs in 3 years. A relation of mine has spent about 300th on repairs on a tokie car he bought for about 800th and the car IS STILL HAVING ISSUES. Wont it have been better to just buy a brand new made-in-Nigeria car and save yourself some unecessary stress. Why are we so used to cheap craps and worthless articles? Is that what APC wants for us? SMH. Which way Nigeria? #SeeBeyondPropaganda

ajibsca:
THANK YOU FOR THE ENLIGHTENMENT SIR . WITH ALL DUE RESPECT ,I WOULD LIKE TO ASK YOU A FEW QUESTIONS ... FIRST QUESTION FOR YOU IS WHAT CAR DO YOU DRIVE AND DID YOU BUY IT BRAND NEW WHY DIDNT YOU BUY INNOSON OR THE NIGERIAN MADE CARS ?

SECOND QUESTION- WHAT % OF NIGERIANS CAN AFFORD A 5 YR OLD TOKUNBO CAR TALK LESS OF A BRAND NEW ? THERE IS MASSIVE SUFFERING WHERE PEOPLE CANT EVEN AFFORD TO EAT 3 GOOD MEALS A DAY AND YOU THINK THE ONLY WAY YOU CAN MAKE LIFE BETTER FOR THEM IS TO INFLICT MORE SUFFERING BY ADDING MORE TO THEIR UNSOLVED PROBLEMS ?

NOW LETS LOOK AT IT THIS WAY .... YOU ARE A CIVIL SERVANT AND YOU EARN 40,000 NAIRA MONTHLY AND A LOT OF CIVIL SERVANTS EARN WAY LESS THAN THAT WHICH ISNT STILL ENOUGH TO CATER FOR YOU ALONE TALK LESS OF YOUR FAMILY ,RENT , BASIC AMENITIES, CHILDREN SCHOOL FEES (VERY EXORBITANT THESE DAYS ) AND ETC . CAN YOU TAKE OUT 37,000 NAIRA FROM YOUR SALARY FOR AN AUTO LOAN ? ANSWER IS NO

#2. THERE IS NO BLACK MARKET FOR THE NIGERIAN MADE CAR PARTS YET SO GETTING REPLACEMENT PARTS WILL BE VERY EXPENSIVE UNLIKE USING A TOYOTA, HONDA ETC THAT YOU CAN GET AT IKEJA, LADIPO, ALABA AND ETC ETC.

#3. THE MONIES BEING MADE FROM ALL THE PREVIOUS YEARS I.E TARIFFS /IMPORT DUTIES ETC ETC , OF WHAT USE HAS IT BEEN TO ME AND YOU ? ZERO , ALL GOING DOWN TO A FEW POCKETS.

4. BECAUSE YOU WANT TO ENCOURAGE THE PRODUCTION AND CONSUMPTION OF MADE IN NIGERIA CARS , YOU HAVE TO INFLATE THE COST OF IMPORTATION ? WHAT KIND OF ECONOMICS IS THAT ? WHAT THEY NEED TO DO IS TO GIVE ROOM TO ACCESSIBILITY OF THESE KIND OF LOANS TO THE MASSES AT AFFORDABLE RATES CONSIDERING OUR ECONOMY AND MINIMUM WAGE SINCE A LOT OF PEOPLE STILL EARN 15,000 MONTHLY IN THIS COUNTRY EXCEPT THE POLICY IS MEANT ONLY FOR THE BENEFIT OF THE RICH. THEY ALSO NEED TO HAVE MORE PLANTS WHERE PARTS WILL BE READILY AVAILABLE AT AFFORDABLE PRICES.

5. IF I CAN AFFORD TO AND I TAKE OUT A CAR LOAN FOR 37,000 FOR INSTANCE AND I HAVEN'T BEEN PAID SALARY OF 40,000 NAIRA IN 3 MONTHS JUST LIKE THE RECENT ISSUES RELATED TO UNPAID SALARIES IN NIGERIA .... WILL THE AUTO FINANCING COMPANY HOLD THE GOVERNMENT OR ME RESPONSIBLE ?? YOU HAVE NO CHOICE BUT TO MAKE THE PAYMENTS AS AGREED AS AT WHEN DUE. IF PAYMENT TERMS ARE NOT MET, THE FINANCING COMPANY RESERVES THE RIGHT TO REPOSSESS THE CAR .

WITH ALL OF THESE FACTORS, I CAN TELL YOU THAT ITS ALMOST IMPOSSIBLE FOR AN AVERAGE NIGERIAN LIVING MONTH TO MONTH TO BENEFIT FROM SUCH SCHEMES EXCEPT YOU HAVE A WELL SECURED AND GOOD PAYING JOB.

frustratedman:
VOTE GMB FOR THE DESIRED CHANGE

VOTE GMB TO DELIVER US FROM ECONOMIC SLAVERY AND ANTI-HUMAN POLICIES

BUHARI TILL 2019

SAI BUHARI

phantonce:
Why are nigerians short sighed?

One of my uncle recently bought a 2009 tokunbo suv for 2.5 million naira.

He didn't know he could get a brand new innoson suv for 3 million and naija made hyundai suv for 3.5m

Fhemmmy:


How many of those companies already build the factory where the rides will be made or where they will be assembled? So why not wait till production has started before the policy . . . . If they are so confident in what they are doing, leave people with choices of either buy "Made in Nigeria" brand new or used that are imported . . . . . America produces and assembles and yet people still import rides there . . . Canada do same, so why do we have to force people to use ONLY "Made in Nigeria"
A nation where Quality is lacking as long as money exchange hands, will you trust the testing to be done well, if AT ALL?

frustratedman:
VOTE GMB FOR THE DESIRED CHANGE

VOTE GMB TO DELIVER US FROM ECONOMIC SLAVERY AND ANTI-HUMAN POLICIES

BUHARI TILL 2019

SAI BUHARI

megacool360:


I read the OP's post very well and i'm sure if you did too, you'd realize there was never a place the OP implied the fG will force people into using ONLY MADE IN NIGERIA cars. The policy much to my understanding still leaves all with the same options that has always been there; buy the made in Nigeria cars OR import a new car if you can afford it OR pay the heavy duty and still import your tukumbo, whichever one you wish for, it's your choice. Some countries, even South Africa don't even give you an option of importing tukumbos and today, their automobile industry is a commendable one.

As for the factory thingy, productions are already ongoing as some cars are being made (atleast assembled) here in Nigeria; Innoson, KIA, Hyundai among others.

keyman0007:


My brother the hole thing doesnt make sense, the cars are assembled not manaufactured, meaning all the part brought together are imported, hence they still depend on the dollar meaning if the dollar rises the price go up, how does this help the nation?

This crap policy will only end up makin the prices of cars go up, increasin gov purse. the automobile market will stil remain dependent on he foreign market. They are shouting job creation hw many job will this create at best 5000 where as million of Nigerians pay wey more. Na God go judge

kennaustine:
^^^ Whats really wrong with y'all APC propagandist? The increase in tariffs for imported automobile is to encourage local automobile manufacturers. Common SS2 Economics student will tell you that one way of encouraging local production is increasing import tariffs. That's called Import Substitution Strategy. Aren't you ashamed that Nigeria has become a dumping ground for every kind of crap produced in other climes? We have Innoson, PAN, ANNAMCO, VON, Nissan and other automobile manufacturers in Nigeria and we know that government is trying to revitalize them so as to boosts our economy. Yet you criticize this one very good move government makes to see to its realization. Many of these imported cars have been used for above five years and then they're moved to Nigeria for dumping, after which when you buy, you'll use for no more than three years and the money u would have spent on repairs and maintenance may have exceeded the original cost. Some brand new Innoson cars go for 1.5m and they're trying to beat it down to 1m. So which is better ; buying a brand new car for 1.5m and enjoying it for 3 to 4 years without excessive repair cost or buying a tokie car for 800thousand and spending over 500thousand on repairs in 3 years. A relation of mine has spent about 300th on repairs on a tokie car he bought for about 800th and the car IS STILL HAVING ISSUES. Wont it have been better to just buy a brand new made-in-Nigeria car and save yourself some unecessary stress. Why are we so used to cheap craps and worthless articles? Is that what APC wants for us? SMH. Which way Nigeria? #SeeBeyondPropaganda

kennaustine:
^^^ Whats really wrong with y'all APC propagandist? The increase in tariffs for imported automobile is to encourage local automobile manufacturers. Common SS2 Economics student will tell you that one way of encouraging local production is increasing import tariffs. That's called Import Substitution Strategy. Aren't you ashamed that Nigeria has become a dumping ground for every kind of crap produced in other climes? We have Innoson, PAN, ANNAMCO, VON, Nissan and other automobile manufacturers in Nigeria and we know that government is trying to revitalize them so as to boosts our economy. Yet you criticize this one very good move government makes to see to its realization. Many of these imported cars have been used for above five years and then they're moved to Nigeria for dumping, after which when you buy, you'll use for no more than three years and the money u would have spent on repairs and maintenance may have exceeded the original cost. Some brand new Innoson cars go for 1.5m and they're trying to beat it down to 1m. So which is better ; buying a brand new car for 1.5m and enjoying it for 3 to 4 years without excessive repair cost or buying a tokie car for 800thousand and spending over 500thousand on repairs in 3 years. A relation of mine has spent about 300th on repairs on a tokie car he bought for about 800th and the car IS STILL HAVING ISSUES. Wont it have been better to just buy a brand new made-in-Nigeria car and save yourself some unecessary stress. Why are we so used to cheap craps and worthless articles? Is that what APC wants for us? SMH. Which way Nigeria? #SeeBeyondPropaganda

megacool360:


I read the OP's post very well and i'm sure if you did too, you'd realize there was never a place the OP implied the fG will force people into using ONLY MADE IN NIGERIA cars. The policy much to my understanding still leaves all with the same options that has always been there; buy the made in Nigeria cars OR import a new car if you can afford it OR pay the heavy duty and still import your tukumbo, whichever one you wish for, it's your choice. Some countries, even South Africa don't even give you an option of importing tukumbos and today, their automobile industry is a commendable one.

As for the factory thingy, productions are already ongoing as some cars are being made (atleast assembled) here in Nigeria; Innoson, KIA, Hyundai among others.

calculusx:
Fear Not. No sane Govt will implement such policy in Election year. I heard the news last week Thursday that the proposed increased will no longer be effected. Let Tokunbo buying and selling continues