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Despite Recession, Business Is Good In Nigeria, Says US Firm by Ahmadgani(m): 6:26am On Oct 16, 2016 |
An emerging high-tech mobile phone manufacturing giant, Akyumen Technologies Corporation has given the Nigerian business environment a clean bill of health inspite of the current economic challenges facing the country. The United States-based company which is at present exploring ways to establish base in the country, disagreed with the notion that foreign firms are scared of coming to invest in Nigeria due to the economic down-turn. Rather, the 32-year old Chief Executive described those pulling out or those who are afraid to operate in the country as not being fair or probably may have been in the business of shortchanging Nigerians. Speaking on the company’s plan to introduce various ranges of telecommunication products into the country’s market, the Chief Executive of the firm, Aasim Saied said some of the devices can be used to improve learning and to empower the young ones with useful skills. “We want to create jobs in any country that we go and we also want to train personnel in the highest possible customer service expertise so that they can be at home with the technology we offer.” He said the firm will introduce 50 per cent subsidy for students in selected primary and secondary schools in the country as part of its social responsibility to support education which they benefited from. He said currently Akyumen Technologies is partnering 25 universities and colleges all over the world in the use of its innovative devices for academic exploits. Akyumen Technologies started up in the state of California, United States of America. “We are a company with great commitment to our social responsibility. In addition to creation of jobs, we will also want to encourage a lot of start-up businesses. One of the things that we intend to do is to install our computers in educational institutions in the country.” We are in the process of setting up offices in Nigeria, either Lagos or Abuja. “In line with our desire to establish base in Africa, we are going to set up our headquarters in either Lagos or Abuja and arrangements to that effect is being perfected,” he said. On the issue of local content, he said the company is going create a lot of local jobs by allowing more local content in the devices. According to him, although most of the components of the mobile phones and other devices are at the moment going to be imported, but that there will a lot of local inputs in area of content creation for the computer applications and software development. Speaking on the possibility of partnering various sectors of the economy, he said there are huge opportunities to be tapped in collaborating with Nollywood film industry. He said Akyumen has a lot to offer to the local film industry in the area of application of latest technology to improve the content and knowledge of the professionals in the industry. Unlike the practice where some foreign companies try to turn Nigeria into a dumping ground for their finished goods, the US firm said they are here to stay in the country to do more business and also to empower more entrepreneurial development. http://www.thisdaylive.com/index.php/2016/10/16/despite-recession-business-is-good-in-nigeria-says-us-firm/ 9 Likes 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Wizzyblack3(m): 6:36am On Oct 16, 2016 |
FTC 2 Likes 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Themind: 7:15am On Oct 16, 2016 |
It's only the hardworking, creatives and innovatives that can gain from this times. Naturally so many Nigerians are used to free monies, collect wages they do not work for. So when all these stopped they resulted into blackmailing the government and complaining forgetting they have the opportunity to make wealth. Some spends all their 24 hrs on social media wasting their lives, not working and still complaining no food. But while they are busy complaining everywhere on all the social media, some are smiling to the banks. The truth is, there are business opportunities in every economic period (uptimes & downtimes) it takes those that can think deeply and are hardworking to take charge. 92 Likes 11 Shares |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 7:15am On Oct 16, 2016 |
it favours foreign firms as 1$ is more than 450 naira, when they bring small dollars to Nigeria it makes it looks big when exchange. what 3000$ cannot buy three years ago will buy that product times 3. 20 Likes 4 Shares |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by dfrost: 7:16am On Oct 16, 2016 |
Will they say this about their economy of it faces recession? 2 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Rozaystunna(m): 7:17am On Oct 16, 2016 |
I blame buhari's other room for this 14 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Ayokunlex(m): 7:17am On Oct 16, 2016 |
lies, 3 Likes 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by rawpadgin(m): 7:18am On Oct 16, 2016 |
he is not far from the truth though i went to lagos, bought jeans & tops of about 80k i sold everything under 2weeks is the recession affecting me? not really 26 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by VictorRomanov: 7:18am On Oct 16, 2016 |
Make una come first na. No be to make mouth when una never start..... 5 Likes 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by eleojo23: 7:19am On Oct 16, 2016 |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by godunia(m): 7:19am On Oct 16, 2016 |
Before nko? |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 7:19am On Oct 16, 2016 |
Did anybody see the part that says that the CEO is just 32yrs....... Whattttt. And a 32yr old person in Nigeria would be wailing over pdp and apc. Smh 58 Likes 6 Shares |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by mikolo80: 7:20am On Oct 16, 2016 |
dfrost:smart investors make money in both bear and bull markets 5 Likes 2 Shares |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 7:21am On Oct 16, 2016 |
Good but very tough |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by SamuelAnyawu(m): 7:21am On Oct 16, 2016 |
notime3555: You've said it all. 16 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by drnoel: 7:22am On Oct 16, 2016 |
Ezechinwa: Yep well said. These are the guys that are here to reap like the grim reaper 2 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by newguy1(m): 7:22am On Oct 16, 2016 |
I beg the defer.business is still on but not like before some business have already fold up while someare struggling, even dangote have been recording some losses all year round. If the little life line some of these business are still striving on is death that means. Depression. 3 Likes 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by ernie1234(m): 7:22am On Oct 16, 2016 |
Every problem has its under lining solution. Recession a blessing to Nigeria. 3 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by dav8id(m): 7:22am On Oct 16, 2016 |
Very correct but not all business we in agriculture business ,, business is still good |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by dfrost: 7:23am On Oct 16, 2016 |
mikolo80: Yes, I know but will he be confident to say that about his own economy when it faces downhill? It's easier to tell someone sorry about the loss of something than accept the same sorry over your own loss. 2 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by progress69: 7:23am On Oct 16, 2016 |
I have said it several times before.. most of those companies that pulled out where milking Nigerians dry. As soon as they can't make those mad money again, they pull out. 2 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by ebene4nija: 7:23am On Oct 16, 2016 |
Watching the world HD movies is here |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Kingspin(m): 7:24am On Oct 16, 2016 |
Some news makes no sense to me. This is Nigeria not US. Mr. Saied, do America run their economy by mouth also? |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by siraj1402(m): 7:25am On Oct 16, 2016 |
The economy is tight, yet people are still buying cars. People are opening new businesses. People are expanding new frontiers. Stop complaining! Buhari is not the answer for the hour. You are the driver of your destiny. I have never seen anytime in the history of the human race when there are no hard times. Yet people made waves and affected their generation. If you see anybody complaining, you see a frustrated lazy man or woman looking for cheap answers and solutions. Nothing in life will ever come easy. I belive what we need in this period of recession is the drive to push until victory comes. FOCUS- Follow One Course Until Successful. Many successful people had tried one thing or the other before they became successful. Keep trying. If you fail, try again. If you fail again, try again. And as you keep trying in the right direction and at the right things,success will surely come. I Have Never Seen A *RICH Person* Who Has Never *lost Money* But I Have Seen A Lot Of *POOR People* Who Have Never *Lost A Dime* -Robert Kiyosaki- The *Primary Difference* Between The *RICH* & The *POOR* Is How They *Handle FEAR* in Investment -Robert Kiyosaki- Have a Positive mindset about investment. You can *NEVER* be Rich if you are too *SCARED*of losing Money *SALARY* alone can not solve your money problems. You need Secondary Source of income to balance *SALARY* is the *MEDICINE* for managing *POVERTY*, it doesn't *CURE* it. Only your *BUSINESS* or *INVESTMENT* Cure Poverty Be FINANCIALLY INTELLIGENT Good morning friends. 19 Likes 5 Shares |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Icecomrade: 7:25am On Oct 16, 2016 |
High Tech Mobile phone abi? Stupid Africa mentality. Why won't business be good for them when we spend our last kobo carrying big phones and driving expensive cars on empty stomach. The reality is that the economic recession is never good for any business, the only positive from this comment is something good said about Nigeria unlike branding us thieves like President Buhari. 3 Likes 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by chimah3(m): 7:26am On Oct 16, 2016 |
O Di egwu |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by mikolo80: 7:26am On Oct 16, 2016 |
dfrost:he is not losing now. He just said so. Those that lost ran 1 Like |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Miles300: 7:29am On Oct 16, 2016 |
Ezechinwa:u dey mind them , when they can afford to pay for cheap labour with the current exchange and carry out effective production of their products .. So yes the recession favours them , and they will pray it continues .. 1 Like |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by davibid: 7:29am On Oct 16, 2016 |
The Americans have a lot of ways mocking people... Honestly I prefer the Englishman to the American be they will tell you the truth to your face E.g. Like "Nigeria is fantastically corrupt" 1 Like 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by vislabraye(m): 7:30am On Oct 16, 2016 |
notime3555: That's why a good foundation is important. We have a long way to go. 1 Like 1 Share |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Honza27(m): 7:30am On Oct 16, 2016 |
. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Senorprinz(m): 7:31am On Oct 16, 2016 |
Who said Recession was affecting Nigerians before , visit most beer parlours and nkwobi joints today, you'll understand what I'm saying. 8 Likes 1 Share |
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