ogododo:
Dem must return my 30% for Toyota corolla
Lalasticlala

Pravedk:
To be honest. This is long overdue. Most Nigerians prefer tokunbo to these things innosson is producing-which is expensive.
How will I have 22million and buy that gwagon copy when the good original tokunbo is around that price. Dem swear for me? So tey camry come dey expensive.

The truth is, toyota, benz,bmw etc are way ahead. Competing with them is a looser strategy. But every car manufacturer have a niche which when pursued will be profitable. Innosson can focus on keke and minivan, minitruck, pickups and buses, which the government and keep patronising. And for God's sake if someone has money let him buy whatever type of car he/she wants. Good policy reversal abeg!
Now I can focus on more Hussle to buy an E63 AMG like a real niggar

omenka:
Na wa ooooo!!!

We complain everyday about how difficult it is doing business due to the burden of tax, duties and levies imposed by the government. Now they say they wanna slash levy and someone thinks IT IS TARGETED AT INNOSON.

Isn't this a normal economic incentive deployed by governments around the world to help boost commerce and stimulate the economy? Why do we always have to bring everything down to tribe and religion in this country?

How do you people's minds work exactly. Gosh!

TruthinAction:
Na car we go chop? Bag of rice rose from 9,000 naira to about 35,000 naira in the five years of this government. One sachet of tomatoe paste is now 150 naira from 50 naira in Port Harcourt. Open the borders and let food come in. It will bring down the price of every food items and the low income earners can cope.

yusufu16:


Innoson should have started with keke or bicycle.

ogododo:


https://www.thecable.ng/no-more-35-fg-to-slash-levy-on-imported-cars-to-5/amp

Rugaria:

Ok ooo
More cars on bad roads with high costs of fuel and of course lost revenue and jobs from car assembly plants... Let's see how it goes..

omenka:
Na wa ooooo!!!

We complain everyday about how difficult it is doing business due to the burden of tax, duties and levies imposed by the government. Now they say they wanna slash levy and someone thinks IT IS TARGETED AT INNOSON.

Isn't this a normal economic incentive deployed by governments around the world to help boost commerce and stimulate the economy? Why do we always have to bring everything down to tribe and religion in this country?

How do you people's minds work exactly. Gosh!

Officialgarri:
This is like telling Innosson to go to hell.

Innosson products are less affordable. But can we blame him ? I think NO.
The cost of producing raw materials in Nigeria is not cheap not only because of limited technological know-how but because we are solving problems upwards to the ground instead of the other way round.

What do I mean? If there are enough automotive spare parts production industries in Nigeria despite our abundance of iron family (lead and zinc) , then the problem of monopoly and inflation will be solved on it's own.

The government on her part will not continue to wait for Innosson to bring down their prices

pacespot:


How many people employed by car making plants in Nigeria today compared to a lot of businesses that cheaper cars will help in the country?

Officialgarri:
This is like telling Innosson to go to hell.

Innosson products are less affordable. But can we blame him ? I think NO.
The cost of producing raw materials in Nigeria is not cheap not only because of limited technological know-how but because we are solving problems upwards to the ground instead of the other way round.

What do I mean? If there are enough automotive spare parts production industries in Nigeria despite our abundance of iron family (lead and zinc) , then the problem of monopoly and inflation will be solved on it's own.

The government on her part will not continue to wait for Innosson to bring down their prices

OneTemplate:


Abi. Igbos are simply irredeemable. I have always said no nation can make progress hosting enemies-within and saboteurs with persecution complex most Igbos are.

This is purely a logical economic decision any pragmatic Nigerian businessman, needing to transport goods across Nigeria, would understand, support and laud.

Haulage cost actually even does a huge disservice to food transport and, ultimately, food security across Nigeria.

This is because of the huge duties levied on the importation of commercial vehicles, lorries, vans and articulated heads that discourages many investing in this sector thereby leaving it uncompetitive and very costly for end users.

Trust Igbos to always make everything about themselves because of an overblown sense of their own participation and worth to the Nigerian economy.

ethicallyright:
The over hyped car assembler, loan defaulter and tax fraud disguising as an automobile manufacturer needs to begin an overhaul in his moving coffins packaging company.

---

He may begin by employing a brain filled cone head individual and intelligent innovator like myself to champion electric cars production which is clearly the future.
He should also stop dashing Big Brother Naija's women of easy virtue vehicles they keep as furniture at home and instead drive the Mercedes their "fans " gift them and invest more in Corporate Social Responsibilities like sponsoring brilliant minds to Universities in Europe , China and North America to aid technology transfer that will help his firm grow.

---

Jokes aside, local automobile manufacturers should target individuals with low income who would most likely purchase vehicles for full time or part time transportation business to increase their income. In a country where people laugh at you for using a brand new current Infinix instead of a second hand iPhone 6 in 2020, it is funny to think that middle income or high income earners would buy a locally produced car for the price they can get a decent Toyota, Mercedes or Lexus.

Produce more fine tricycles , mini buses and partner with hire purchase companies to sell and distribute them to your target consumers who do not drive vehicles for clout. There is a huge potential here. Lagos State and every other State yet to ban commercial motorcycles completely have waiting consumers for such vehicles.

BuddhaPalm:


Import duty is currently 35%, and there's also a 35% levy.

Reduction of this levy to 10% is what they are talking about.

Yenefer:
Sai Baba. Buhari havr to rebuild Nigeria all over again after years of PDP destruction.
Innoson motors? Who cares. We don't

farouk2much:
this is the only reason i still dey like buhari.. Coz he hate those bastards called igbo... R.i.hell inno

OZOnNengiTheory:
This is why I hate them and I am terrible at hiding it.

Hypocrites! that's what they are. And by the grace of God, they will never come close to ruling this country.

Simplyleo:
As usual, we are always the target.

They want to kill IVM.

Increase import duties: The govt is insensitive to the plight of the masses.

Decrease import duties: the govt want to kill IVM.

Very funny pipu.

OZOnNengiTheory:
This is why I hate them and I am terrible at hiding it.

Hypocrites! that's what they are. And by the grace of God, they will never come close to ruling this country.