NwaNimo1:


Need the manufacturing machines, components first.

emmysoftyou:
your people gave the impression
now we're living by the passion.

CoolAmbience:




I am trying to make sense of your post.

If Innoson really means to help, by now we should have had tens of his ventilators being tested.

He is an entrepreneur, he should know better.

No responsible government would like to be seen as being at the mercy of anyone, firm or group.

This is not to say that government cannot support critical private initiatives and ventures.

diplomat058:
Lol

You have got to calm down, bro. If you don't know that production, essentially, is basically the same, be it music or manufacturing, that means you lack basic understanding of economics and you just jumped on a trending bandwagon on this thread.

Production is simply defined as the creation of utilities (satisfaction); for you to create an utility, you need inputs, work on them and resourcefully give them transformational value as outputs that satisfy wants. The inputs may be material or immaterial, same with the outputs which may be concrete or service.

For a Complete Manufacturing producer, production starts from the R & D unit that designs, realize the design and then go into marketing (pricing, product definition, place distribution and promotion).

For the Complete Musical Producer, production starts from the composition of lyrics (intellectual property) to the making of a beat to the whole studio exercise to produce the utility product-track, satisfy people's audio wants.

That's why both Music and Manufacturing are called productive sectors of the Economy and the products in both are included in the Country's Gross Domestic Product

Use your brain. Economics 101

Production is simply defined as the creation of utilities (satisfaction); for you to create an utility, you need[b] inputs[/b], [b]work on them [/b]and resourcefully give them [b]transformational value as outputs [/b]that satisfy wants. The inputs may be material or immaterial, same with the outputs which may be concrete or service.

AkeNathan:
He makes it sound as if it is an ethnic competition between North and East

Buhari's government and their ethnic disparity shines to the sky.

eyinjuege:


The Nigerian government saw "free ventilators" and shot their shot. It's the shamelessness we see everywhere including social media pages where people keep soliciting for funds. There is no single day you will open a celebrity page where you won't see Nigerians begging including on pages of non nigerian celebrities.
So I'm not surprised, as those begging Tesla are from amongst us.
Innoson too on the other hand seems to be begging to make ventilators, which no one has stopped him from making . But why are people on here stylishly begging from the FG to make this happen?

CoolAmbience:




I am trying to make sense of your post.

If Innoson really means to help, by now we should have had tens of his ventilators being tested.

He is an entrepreneur, he should know better.

No responsible government would like to be seen as being at the mercy of anyone, firm or group.

This is not to say that government cannot support critical private initiatives and ventures.

igboamakaaa:


If you want to debate, debate without insults. Bringing up insults in a debate only shows that you are not knowledgeable in the subject matter.

First things first...let me clarify items from your earlier post. You said DANGOTE and not Tunde Folawiyo was the one that has been drilling oil for the past four years. Never did you mention Tunde's name in your earlier post.

Secondly now Tunde's name has been brought forth, I guess you're talking about his company Yinka Folawiyo Petroleum Co Ltd which owns 60% stake in OML 113.
The remaining 40% stake is owned by Vitol, First Hydrocarbon, Energy Equity Resources, panoro energy and Jacka resources. Dangote does NOT own a stake in any of these companies nor does he own a stake in any of Yinka's firms (Including ENYO retail).

For you to come and say that they had a settlement of rights shows that you have little or no knowledge at all of how the oil industry operates. The OML field was licensed to Yinka Folawiyo...not Dangote group nor dansa etc. A settlement of rights (as you said) would have automatically awarded Tunde's rights to the Dangote group but that isn't the case here. Let's even assume there was a "settlement of rights" as you said, it is impossible because nothing of such was documented with naipems nor the NPDC.

The documentation alone for the re-awarding of the oil block would take a lot of cumbersome legal processes which would take not less than a year to complete. (And you alleged that Dangote settled the "rights" immediately after the oil was found went out to start construction in his refinery.

You CANNOT and NEVER have an agreement of this sort by mere word of mouth in the world of buisness, talkless of now doing so in the Oil and gas industry which takes pride in cumbersome documentations for even the smallest details. The whole argument you're bringing forth is typically Dead on Arrival.

You seem to be a kid or maybe a university undergraduate who has been bamboozled with the little handouts he gets in school and assumes he is the "Master of knowledge" whom all others should get a little sap of "knowledge" from. My advise to you is to throw out every of iota pride in you and learn as much as you can from everybody. Intelligent people don't brag/ disturb others with the vast amount of knowledge they've acquired it's only fools that do that. I don't think you're a fool but I know that you ought to be more humble about the little you know...so that you can learn more from others.

PHIPEX:
That's why pride kills. You will rather die or beg than be treated by someone you don't like. Trump dropped pride and asked GM for help, Nigeria has no choice than to beg or produce, choose one

PHIPEX:
That's why pride kills. You will rather die or beg than be treated by someone you don't like. Trump dropped pride and asked GM for help, Nigeria has no choice than to beg or produce, choose one

Agboriotejoye:

Whether assembly or making he's sha into car manufacture.

Of course there's a difference. But the principles are the same which is why their plants are being used.

oyatz:
Just type Innoson on Nairaland, Facebook or see what young Igbos write about him on Twitter.




Innoson motor vehicles had a court issues with GTB about a year ago, IPOB and other Igbo gtoups immediately jumped into the matter and asked their people to start closing their accounts with GTB.

If you see anything about Innoson online, the following statements are likely to follow it;


1) Igbo Amaka
2) Igbos are the Japan of Africa.
3) If only they have allowed us to go, we will be exporting Innoson.

4) Igbos excel despite the 20 Pounds policy.
5) The more you frustrate Igbos, the more they become stronger.

6) If Government can support Innoson the way they are supporting Dangote....

Agboriotejoye:


Tell that to the same govt that begged Elon Musk. Twice!!

PVision2020:

Let's not deceive ourself, no firm in Nigeria posseses the technical know how and equipment to manufacture a ventilator. It requires optimum precision and accuracy.
Even GM, Ford and the consortium of American Automobile Industry are working in cooperation with GE healthcare a known manufacturer of ventilator. https://www.gehealthcare.com/products/ventilators
They don't have the ability and certifications to produce a ventilator all by them self.
Innoson can't produce a ventilator, and if he thinks he can, let him prove us wrong by showing a prototype.

https://www.reuters.com/article/us-health-coronavirus-usa-ford-motor/ford-ge-to-produce-50000-ventilators-in-100-days-idUSKBN21H39F

CoolAmbience:



Bloody lie!

Has the tweet not being pulled down?

You live in yesterday. It was true yesterday not today.

CoolAmbience:



What nature of help did Trump request of GM and Ford?

Isn't GM partnering with Ventec while Ford is working with GE Healthcare to accelerate ventilator production in the US?

GM and Ford are to provide support to existing ventilator manufacturing companies. Is not like they are producing their own ventilators.


https://arstechnica.com/science/2020/03/at-trumps-request-ford-and-gm-help-ventilator-makers-boost-output/

ejanla077:


Low iq zombie.

U don't drill and search for oil to own a refinery. Both re two different business.. Mumu


Na so una go dey disgrace up and down

igboamakaaa:


If you want to debate, debate without insults. Bringing up insults in a debate only shows that you are not knowledgeable in the subject matter.

First things first...let me clarify items from your earlier post. You said DANGOTE and not Tunde Folawiyo was the one that has been drilling oil for the past four years. Never did you mention Tunde's name in your earlier post.

Secondly now Tunde's name has been brought forth, I guess you're talking about his company Yinka Folawiyo Petroleum Co Ltd which owns 60% stake in OML 113.
The remaining 40% stake is owned by Vitol, First Hydrocarbon, Energy Equity Resources, panoro energy and Jacka resources. Dangote does NOT own a stake in any of these companies nor does he own a stake in any of Yinka's firms (Including ENYO retail).

For you to come and say that they had a settlement of rights shows that you have little or no knowledge at all of how the oil industry operates. The OML field was licensed to Yinka Folawiyo...not Dangote group nor dansa etc. A settlement of rights (as you said) would have automatically awarded Tunde's rights to the Dangote group but that isn't the case here. Let's even assume there was a "settlement of rights" as you said, it is impossible because nothing of such was documented with naipems nor the NPDC.

The documentation alone for the re-awarding of the oil block would take a lot of cumbersome legal processes which would take not less than a year to complete. (And you alleged that Dangote settled the "rights" immediately after the oil was found went out to start construction in his refinery.

You CANNOT and NEVER have an agreement of this sort by mere word of mouth in the world of buisness, talkless of now doing so in the Oil and gas industry which takes pride in cumbersome documentations for even the smallest details. The whole argument you're bringing forth is typically Dead on Arrival.

You seem to be a kid or maybe a university undergraduate who has been bamboozled with the little handouts he gets in school and assumes he is the "Master of knowledge" whom all others should get a little sap of "knowledge" from. My advise to you is to throw out every of iota pride in you and learn as much as you can from everybody. Intelligent people don't brag/ disturb others with the vast amount of knowledge they've acquired it's only fools that do that. I don't think you're a fool but I know that you ought to be more humble about the little you know...so that you can learn more from others.

JAMO84:
Innoson does not produce anything. He only assemble China made car components.

He should produce one good ventilator to prove he can do it, the attention will follow!!!

I AM DONE TALKING

Agboriotejoye:


Well done. Chief Economist. If you had made use of your brain as you admonished me to, you would have realized I implied music production is not same with manufacturing. In production, there are tangible and intangible products. Music, services are intangible. Manufacturing is tangible. They are totally different from each other. That said, i'll advise you to move to production process. Design is not a part of production. Design is part of the stages of production process but not part of production itself. It's one of the five stages. Look at your definition again of production again and spot which part is design there. Let me quote it for you:

PHIPEX:
Did FG ask Dangote to refine some litres of fuel first before he got govt backing to build refinery? Govt should always support critical sectors, that's how countries grow not by begging.

rusher14:


Innosons does not produce ventilators and hasn't even produced a prototype. Yet you want government to just credit him with some baloney 4 billion Naira because he says he can make it.

Na wa o.

Heffe:

So dangote refined a litre of petrol before the govt. Gave him wavers and other incentives..

section:



Hate will not kill you...even the Nigerian Army ,states govts requested for what they wantedand it was done , mostly the Army Gun truck and MRAP... Bayero Uni if a federal funded , why didn't the govt run to the Bayero Uni for ventilator before going online to disgrace the richest nation in Africa ( Nigeria ) ... Politics and tribalism have blinded your conscience. We would be more better if united...#ProudlyWaffi.

leokid866:

You mean the same legislators that order his cars for military use?

leokid866:

Now here's my take one company Chevron Nigeria.....if you cannot find the link I have no business talking to you....

seunmsg:


There is a global demand for ventilators at the moment, he doesn’t even need to sell to Nigeria. Countries all over the world would rush him if he can deliver.

But truth be told, Innoson cannot produce any ventilators anytime soon even if FG gives him N4b. It will take him nothing less than 3-6 months to come up with anything close to a ventilator. Trump had to activate the defense production act to force GM to start producing ventilators. Even at that, GM has made it clear it can only deliver about 4,000 ventilators by April ending even though Trump is requesting 40,000. That’s to tell you how complicated the process of producing ventilators is.

I saw a BBC clip this morning where a reporter was lamenting that a consortium of Mercedes and Mclaren could only produce 30 ventilators. Innoson is nowhere near all these companies in terms of anything. Again, Innoson imports 95% of his parts from China. All he does in Nigeria is assemble.

Heffe:

Legislators do not procure or approve the procurement of military hardwares

PHIPEX:
Did FG ask Dangote to refine some litres of fuel first before he got govt backing to build refinery? Govt should always support critical sectors, that's how countries grow not by begging.

hybrid77:
Why do these guyz talk as if they have no sense

You should have called him on phone and discussed how his company canhelp with producing ventilators and other equipments needed

You dont come online to stupidly make useless remarks about someone that is willing to help

Well, for now, we dont need ventilators

If that changes, hmmmm...mk i nor talk

diplomat058:
You need to shut it now. Design is part of the stages of production, but not part of production? Really? You need to free yourself from self contradiction because that is what you just wrote up there. Like saying the planning phase is one of the stages of Project Management, but its not part of project management. That is a whole lot of crap, you know?

Look here, my Friend, Design is definitely part of production, that is why every functional production company has an R & D or Design unit. Perhaps you think its the manufacturing of Akamu we are talking about here.

Before, you said Music wasn't production, but just intellectual property. After you were schooled by my post, you realized Music and Manufacturing are actually forms of intangible and concrete production respectively.

Lols

CoolAmbience:



What nature of help did Trump request of GM and Ford?

Isn't GM partnering with Ventec while Ford is working with GE Healthcare to accelerate ventilator production in the US?

GM and Ford are to provide support to existing ventilator manufacturing companies. Is not like they are producing their own ventilators.


https://arstechnica.com/science/2020/03/at-trumps-request-ford-and-gm-help-ventilator-makers-boost-output/
If that's true it shows how a serious govt thinks. What about FG bringing BUK and Innoson into partnership for the benefit of everyone like Trump did but no. They want freebies