kalufelix:
ventilator no be refrigerator or AC units...it comes with a demand order..coupled with the fact its going to produced on a make shift basis.. IVM is made in Nnewi..children of hate lack basic economic education on firms and industries...If they cannot "assemble" their own make them get sense naa...haba!!

rusher14:


Dangote had already started building his refinery.

He had already received loans from his banks.

The government is right even the USA would buy Innosons ventilators, so what is he waiting for?

BennyDGreat:
Mehn Bashir this tweet was a mistake. It shouldn't have happened. Gosh....a government spokesman....very disappointing

BigIyanga:

Liar.. Dangote was importing and rebagging cement before it ventured into refining with full govt backing. Their core competence was in cement, import and logistics

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.

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.

leokid866:

After how many billions he spent drilling and searching for the oil for almost four years before he even found drop One.....let innoson give one prototype first before asking for 4billIon.

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.

GamalNasser:
The tone of his response says it all , bleeping bigot

oyatz:
Dangote transited from importation of cement to manufacturing of cement in 2003 with his acquisition of Benue Cement Company.

Around 2007, the newly built Obajana cement company merged with BCC to form Dangote Cement Company.

The company diversified into Oil refinery (which is still under construction) much more later.




#Personslly, i don't know why many young Igbos online become emotional when discussing about Innoson especially with the ways they always portray him as a persecuted business man and the unnecessary ways they compare him with Dangote.

Malawian:
Do you guys know that you can't go to any type of market whatsoever and purchase a Steam turbine? You will have to place order for it and it will be manufactured for you.

All innoson is saying is that the FG should place an order for ventilators and mobilize him to produce them.

That is his business model.

Hyperchi:


My guy forget that tin, we are been persecute that the real truth, list how many cement company we had 10yrs ago and how many we have active now and what happened to them?

mekaboy:


Sure. Why dont we cut the middle man completely and have the whites colonize us. After all we order everything from there. That way they can bring their factories here.

Even the traditional materials we wear are imported and tailors assemble them here, why dont we just import all the clothes.

Why are we wasting time assembling face masks, when the materials are made in china? We can just order from china.

The machines we use in processing rice and other foods are made in china, we can as well import rice direct.



China buys oil from us and converts to fuel and use for other stuff. Why dont they just other fuel from from us, since the assemble our oil?

If 10% of the things we use in Nigeria are assembled here, unemployment would have reduced by 90%.

Let me educate you on one advantage of assembling . A container might take only 5 cars, but if the parts are shipped 20 or more cars can be assembled from one container. Saving time and cost of shipping.

I guess our hospitals also assemble drugs etc here, no wonder buhari will cut the middle men to go and get healthcare direct from UK. This thing called common sense is not common.

PHIPEX:
Dangote didn't just start, he got govt backing which is very good. Do you know how many times CBN and other senior officials visited his site? This is how a country should run. You don't expect Innoson to run to a bank and take 4billion loan just on HOPE that govt will buy, who does that?

Fariq:
He is right. They can produce and even export it as the world demand is increasing. No need to wait for the government to tell you "do so". After all, it's your own private company.

idealogical:
I see all the innoson supporters are arguing based on ethnic and tribal sentiments instead of realistic, basic economics, forward-looking business, and proactive strategies., this is why it's always hard to get into any kind of intelligent and rational discussion with this crowd.


If Innoson as a serious business entity can not produce common respirators without N4 billion FG loan, then the company should just go ahead and pack up, now I see why after so many years, Innoson is still totally depended on government patronage for survival instead of the general consumer market.

oyatz:
The guy said the naked truth sir.

mekaboy:


You are in no position to determine what he can and cannot do . The same innoson with very little capacity is the one GTB a whole corporate entity went into his account to steal funds from.

Even if he assembles parts from china, is the end product not a car?

The main point here is that government has to reach out to know what he needs to support in the production. Does he need to fly in more chinese partners? Does he need waivers to bring in parts?

Nigeria is so unstable, ventilators cost much and it's not something you jump into producing for government. They could end up taking it on credit and wont pay after the pandemic.

There is alot that goes into such and he knows why he is making himself available if the government needs assistance.

The UK government placed order for 10,000 ventilators from Dyson. They started to work on it after Boris Johnson called the owner of the company to request. Their major product is not ventilators, but they had to on request of the government. That's how things are done.

You dont sit in the comfort of your room producing nothing and determine what someone who started from scratch to build a multibillion naira business can and cannot do.

This is beyond you.

seunmsg:


According to Innoson, it will take about 3 months to produce the ventilators even if FG gives him N4b. So, why should FG give him such a huge amount of money when there’s a possibility that nobody will need the ventilators in the next three months?

If no serious businessman will commit money to such an investment, why should FG be blackmailed into committing huge funds to such an adventure?

leokid866:
This is funfere koroye.... he designed and built a mechanical ventilator in 2 weeks meanwhile oga innoson that has not put bolt and screw together is asking for 4billion....lol.

rusher14:


Dangote had already started building his refinery.

He had already received loans from his banks.

The government is right even the USA would buy Innosons ventilators, so what is he waiting for?

leokid866:

Lol....Dyson just started building ventilators after coronavirus....and you think boris did not see the design before placing the order? Would you buy something you have not seen before or have tested? Ps in case you don't know Dyson are vacuum cleaner makers who designed and started building their own ventilators to help shortages also adding an additional 5 thousands to the production line as part of their contributions....and lastly log onto instagram and see people from alibaba to the Psquare boys and Mavins crew promoting the young man and tagging all the necessary agencies and promissing to get him the needed meetings.....like I said preparedness meets opportunity.....if you cannot find a place in your heart to support your own please stand by yourself.

nonen:

[s]That is the thinking that’s keeping us behind. You refer to USA without knowing what’s going on there. Trump’s administration has been pleading to USA automobile companies to rejigger their plants into ventilator production plants. Government negotiates for such because the lives of their citizens are priceless[/s]

leokid866:

There will still be jobs created.....from the people who will ship the cars, to those that will clear it, to those that will drive, wash, service,and fuel them, and also those who have stocks in Toyota and honda....which are a lot of Nigerians.....in case you don't Nigerians have been holding Toyota and Honda stocks since the 90s.

idealogical:
I see all the innoson supporters are arguing based on ethnic and tribal sentiments instead of realistic, basic economics, forward-looking business, and proactive strategies., this is why it's always hard to get into any kind of intelligent and rational discussion with this crowd.


If Innoson as a serious business entity can not produce common respirators without N4 billion FG loan, then the company should just go ahead and pack up, now I see why after so many years, Innoson is still totally depended on government patronage for survival instead of the general consumer market.

PHIPEX:
No serious businessman makes such huge investment for a demand that could be over in less than 4 months except the company wants to go into such production for a long term which is not the case we are having. You dont build refinery because NUPENG is on strike and fuel is scarce, that's what you are asking Innoson to do.

The demand for ventilators has a very short span and very unpredictable, only a guaranteed order can make any serious company make such a huge investment in it. That also explains why it's still scarce otherwise every Tom Dick and harry will divert to it in other countries.

GM can now produce because Trump has given an order. Why haven't Toyota and Honda started? It's simply because they haven't gotten a concrete order and Japan is not in dire need of it like Nigerian.

oyatz:
I hope you know that there are several brands of vehicles that are assembled in Nigeria?

NwaNimo1:
Innoson needs the 4billion he requested to mobilize.