₦airaland Forum

mutiply: can't you be logical for once?

About what slapping a man for breaking the law? who made you judge and jury?

The Director-General of the National Automotive Council, Engr. Aminu Jalal has disclosed that the council has been receiving inquiries from leading automobile manufacturing companies from across the globe since the announcement of the new auto policy by the Federal G overnment with the aim of setting up plants in Nigeria. He identified some of the auto companies as Nissan, Toyota, Volkswagen, Honda, Kia, Tata, etc.
Attracting investments into the sector
The Director-General in a paper titled “measures to transform the Nigerian automotive industry and attract investments into the sector, said that in many countries of the world, the automotive industry plays both a strategic and catalytic role in economic development in respect of employment creation, GDP contribution, economic linkages, skill development, technology and innovation as well as SME development in respect of automotive parts, components and services.
According to him, “an automotive industry will create significant good quality employment and wide range of technologically advanced manufacturing opportunities. This industrial base can then form the foundation of other modern advanced manufacturing activities such as commercial vehicle production which will lead to the manufacturing of agricultural, mining and railway equipment, military hardware and transport.
The Director-General noted that data from the Nigerian Automotive Manufacturers Association (NAMA), the Nigerian Bureau of Statistics (NBS) and United Nations Conference on Trade and Development show that a total of 400,000 vehicles (300,000 used and 100,000 new) valued at N550 billion (US$3.451 billion ) were imported in 2012 alone.
He argued that at full capacity, the Nigerian Automotive industry has the potential to create 70,000 skilled and semi-skilled jobs along with 210,000 indirect jobs in SMEs that will supply the assembly plants. 490,000 other jobs would also be created in the raw material supply industries, adding that currently about 2,584 persons are directly employed by the assembly plants.
The NAC boss further stated that manufacture of vehicles would enable the country to acquire the technologies of mass production, quality control, lean manufacturing, computer aided design, manufacturing and engineering which can develop other sectors of the economy and industrialization. On the prospect of the automotive industry in Nigeria, he explained that Nigeria and Bangladesh were the only countries in the top 10 by population without a developed automotive industry, adding that “with our current population and economy, our potential vehicle market is about a million vehicles annually which is more than sufficient to support an automotive industry.
Meanwhile, he said, Nissan, Renault and Toyota have indicated keen interest to invest in Nigeria, if we develop a comprehensive automotive development plan.
According to him, Nissan and Renault have already reached agreement to assemble cars in the former Volkswagen plant, now VON Nigeria Limited, in Lagos. Toyota and others are now conducting feasibility study on vehicle assembly in Nigeria, assuming that a comprehensive automotive development plan would be in place.
Also speaking on the Nigerian tyre industry, Engr. Jalal, blamed radical government policies for their death through drastic reduction of tariff on imported truck tyres from 40 per cent to 10 per cent while keeping tariffs on car tyres the same which made local producer uncompetitive against imports from Asia and Europe.
He pointed out that although car tyre tariffs were kept at 40 per cent (20 duty and 20 levy) the disparity in car and tyre tariffs has led to a situation were imported car tyres were declared as truck and bus tyres so as to pay 10 per cent duty instead of 40 per cent as stipulated. This, he said led to the closure of the two tyre manufacturing companies (Dunlop and Michelin) in Nigeria.
To this end he disclosed that the development plan has introduced measures to revive the tyre industry. He also pointed out that the revival of the plants will create over 3,000 direct jobs and save Nigeria N120 billion annually which is currently being used to import tyres into the country.
Response by auto makers to new auto policy
According to the Nigerian Automotive Council (NAC), there has been massive response to the new auto policy.
A week after the approval of the policy, NISSAN announced that it will assemble vehicles at VON Nigeria ltd., with the first vehicle to roll-out in April 2014.
The Embassies of EU, Japan and South Korea were briefed on the policy at their request so that they can inform their companies of the opportunity offered by the policy.
Toyota and VW are conducting a feasibility study on assembling vehicles in Nigeria and Peugeot is considering resuming operations. Honda, Kia, Tata and others in Brazil and China made enquiries about assembling vehicles in Nigeria, Michelin Tyres and DN Tyres Plc have received briefing and are both in consultation to resume manufacturing activities in Nigeria;
GAC Gonow Auto Company of China and Xiamen Golden Dragon Bus Co. Ltd of China have both signed Completely Knocked Down (CKD) agreement with Innoson Vehicle Manufacturing Company( IVM) Limited to increase capacity for the production of Buses; SUVs models and set up a training center in Nigeria;
CJSC Kamaz Foreign Trade Company of Russia has consulted with the Ministry with a view to building its wide range of trucks including its popular all terrain commercial and military vehicles; The OEM dealer for KIA automotive products DANA Group, has discussed extensively with a view to investing In a Kia Semi Knocked Down (SKD) plant in Nigeria;
The Japan External Trade Organisation has led a group of Japan companies including Messrs Marubeni, Mitsubishi and NISHIZAWA (Nig.) Limited to obtain clarification on policy. Investment proposals are expected; Fullmark Urja Ltd has submitted application to the Ministry to commence the manufacturing of Tricycle with 70% local content by April 2014 in Kano. Installation of all necessary equipment has been confirmed;
COPE and CIA LTDA of Brazil, the world second largest manufacturers of Machines for General purpose including for Rubber, Plastic and Tyre rethreads consulted with the Ministry with a view to setting up in Nigeria as a preferred base for global supply; Discussions were held with CAIO-INDUSCAR of Brazil on the assembly of its products in Nigeria. They have been introduced to Leyland-Busan of Ibadan as potential Nigerian partners.
A company assembling trucks at the Calabar Free Trade Zone, CC Auto Fze, plans to start assembling cars.
Tetralog Nigerian limited, Enugu (Mercedes Benz truck dealers) has commenced civil work for a world class automotive factory to assemble CKD for Mercedes Trucks. A vehicle distributor, Lanre Shittu Motors informed the NAC of their plan to assemble vehicles.

- See more at: http://www.vanguardngr.com/2014/01/nigeria-auto-policy-attracting-attention-auto-makers-nac-dg/#sthash.SRCI02xY.dpuf

That is APC way of governance. Progressives on display. The vendor broke the law, you allow the law deal with him. The Kai slowpoke needs to be arrested for aggravated assault

Danosophe: A man, with somuch to offer, is what the citizenry is hoping for. It is no newz that we are tired of rogues who, at all times and by all means possible, alwayz want to enrich themselves at the expense of the joy of the populace. God bless Barr. Sullivan Iheanacho Chime of Enugu state and his likes who has the interest of the people in their hearts. Even with the small federal allocation coming to the state, he is not greedy with developing the state. About 14years back, Enugu was almost inhabitable but with just 8years of good governance of Barr. Sullivan I. Chime, the state has become a hub of activities.

You are on the wrong thread. There is a thread for Enugu out there.

Omo_Tier1: Hehe.. I know for someone who thought N7 million yearly is a wow money... He may not understand that $21bn is more than half of the 2012 budget for the whole Nigeria, yet you want the world to believe someone in your village imported goods worth $1bn.


No be Uduaghan boy you be? Na criminal brain you get nah

That's why you are an economic refugee, hiding in that one bedroom flat with 7 other refugees like yourself. Hopefully, one day you will show face in this land of milk and honey we call our dearest Naija. Time for the 10 pm news.

Omo_Tier1: See this exotic liar! Men are self made in Nigeria yet in 2012, We sent home $21bn Many of you are criminals, and innately wicked that is why you sing praise fellow criminals in power because you hope someday it will get to your turn.

Remember the bloke from the UK Royal Charter Institute that disgraced your LOOTOCRAT GEJ during the independence day celebrations two years ago? He clearly told Him, your government is Chop I Chop aka high powered criminality! That is the mind set of most of you over there.

Look the person talking, you are just a kid. With each comment you throw out here, your childishness is on full display. The business men from only one state in Nigeria spent that your $21B on their imports and export business. A refugee like you will not understand. Yes, The Men in Nigeria are self made.

ISpiksDaTroof: Total lie as told by a clear Govt agent!

Go back and read your history books and stop coming on here spewing lies and falsities.

APC e-rat, what are you spewing, are you seeking my attention.

Omo_Tier1: Tell the world the truth.... you would have been a militant if not for the Charity that came to your rescue few years ago!

Mr. Pig Farmer, face the topic and stop tellnig us about your pigs.... I am not interested in your dirty job. If you were not criminally minded, I would have recommended you to be employed as contract supervisor.

Hahhahaha, sorry refugee, go and relax in your council flat!!!! Your kind knows what social charity can do for the needy. In Nigeria men are self made.

Omo_Tier1: Hehe... MR PIG FARMER, N7million naira is a dreamland for you! I am sure the pigs you have in those farms were given to you by one of the charities We pump money into here in the UK to help poor souls like you over there.

If not for Etisalat, and the criminality of cheat browsing, your type would still be seeing Internet as Oyinbo wonder

Make una come see ode, you really have to work on your self esteem issues big time. Inferior complex is a very bad sickness. I never thought people like you still existed on earth.

Omo_Tier1: Hehe... 6-7 million per year is your life not miserable? You are really living in poverty! If I was earning such as amount a year, I would considered my brain as dead and dysfunctional What a poor soul you are Mr. PIG FARMER

You have no chance in hell, to earn half of that in the ghetto you currently reside. Don't beat your chest here I know your kind.

Omo_Tier1: Which economic growth? The one on paper? Did you not read the article where the politely insulted you people that the whole country of over 170million generates electricity used by just over 1.7million people in the UK

I guess you were not blind to the comments of Dangote quoted in that article too.

Some of you have not tasted development in your life so it is no surprising many of you are touting paper based growth figure of this LOOTOCRAT GEJ as achievement.

Leaving in your council flat 8 person per room is now tasting development abi!!!!. Na poverty dey worry you, nothing else. You are probably pissed at Nigeria for allowing you become a slave in the UK. When small boys are clocking 6-7million per year working in Warri. By the way, what was the temperature this morning.

Obiagelli: standard guage in what year? BTW which hero are you talking about?
Can you tell us which country is currently rehabilitating narrow guage

Successful narrow gauge railway

The heavy duty 3 ft 6 in (1,067 mm) narrow gauge railways in Australia (e.g. Queensland), South Africa and New Zealand show that if the track is built to a heavy-duty standard, performance almost as good as a standard gauge line is possible. 200-car trains operate on the Sishen-Saldanha railway in South Africa, and high-speed tilt-trains in Queensland (see below). Another example of a heavy-duty narrow gauge line is EFVM in Brazil. 1,000 mm (3 ft 3 3⁄8 in) gauge, it has over-100-pound rail (100 lb/yd or 49.6 kg/m) and a loading gauge almost as large as US non-excess-height lines. It sees multiple 4,000 hp (3,000 kW) locomotives and 200+ car trains. In South Africa and New Zealand, the loading gauge is similar to the restricted British loading gauge, and in New Zealand some British Rail Mark 2 carriages have been rebuilt with new bogies for use by Tranz Scenic (Wellington-Palmerston North service), Tranz Metro (Wellington-Masterton service) and Veolia (Auckland suburban services).
http://en.wikipedia.org/wiki/Narrow_gauge_railway

Omo_Tier1: Better than being ECONOMICALLY r.aped by an international criminal who is on the UK wanted list . Mr. PIGGY..this thread is for ECONOMIC MATTERS DISCUSS which is far above pig farming..okay.

Pig farming is the ultimate economic discussion, but an economic refugee like you will not understand.

Omo_Tier1: Hehe.. Where I am, it will take 3 generations of your lineage to even dream of getting there. Mr PIGGY.... we know your GEJ brought Nigeria into TOM TOM like they said He brought you people facebook

Come and see foolishness first class, so your staying in the UK is now your life's achievement . Poverty of the mind is not good at all.

Omo_Tier1: Like Uduaghan is entertaining you people with poverty and many of you spent Christmas sleeping and opening your mouth in your dreams for food

At least he did not tell you people in EDO to GO AND DIE

Geniro: What is wrong in being a pig farmer ?

Don't mind the run away UK refugee.

Omo_Tier1: You can continue to encourage yourself in st.upidity by thinking a region, or certain people is the reason you are a glorified Pig farmer! If at all you learnt history in school, you would have realized that your kinsmen were part and parcel of the corrupt government for those 53years and that GEJ is no different.

Empty vessel oya begin to entertain us with your noise.

Omo_Tier1: Nigeria should not be talking of being part of MINT either! Let face it, the 4 years we have wasted with that LOOTOCRAT GEJ, if Nigeria had had a visionary leader in that seat, by 2020, We would have be in top 15 economy in the World.

Imagine from 1999 to 2007, Obasanjo grew the nation reserves from less than $11bn to over $45bn, yet with the massive oil boom in the last 4 years, the LOOTOCRAT GEJ have not been able to grow the reserve further! That is why we need a sensible and visionary leader come 2015 and by 2025, our GDP would have grew to over $1trillion.

Same old song, you had 50yrs to grow your GDP to $1 trillion, what happened?

Omo_Tier1: Hehe... Mr PIGGY.. how market.. but we are discussing issues beyond your pig farming level okay.

Market is very good as long, as you are not selling Omo tier's bullshit

Omo_Tier1: This is not about PIG farming, you disgruntled element. I am sure that thread has exposed the fraud your Uduaghan is. I still have more pictures to post to show you what good governance is, if Seun would not ban my handle like He did on Saturday

I am a part time Pig farmer and very proud of it.

Omo_Tier1: Your LOOTOCRAT and criminal GEJ has done nothing for Nigeria that made Her to be considered worthy of forming the next economic block. Obasanjo's NEEDS 1 and NEEDS 2 were the train what were carefully designed such that by 2012, Nigeria would be reckon with as an economic hub.

Nigeria was not in anyway ripe for BRICS in 2005 as she needed to enact more reforms, stabilize her economic growth and more importantly, have a stable government before she would even be considered.

One of the most important factor for a country to be considered is INDUSTRIALIZATION and a DEVELOPING ECONOMY, and unfortunately, in 2005, Nigeria was just about putting in place all the necessary tools to get the nation into self INDUSTRIALIZATION with economic diversification.

Are you really typing this crap or you are high on some cheap Igbo

shymexx: Nigeria was never meant to be part of BRIC(S) in the first place. Jim O'Neill was just looking for an emerging country in Africa, to complete his forecast, and Nigeria was cited because of its huge young population and huge potentials. However, after thoroughly evaluating the anomaly in Nigeria's economic base and tempting but lousy economy, over a period of time - the country was discarded for a more stable South Africa.

Tell that to OMO TIER 1

Obiagelli: why waste money on that crap in the first place when he could have started standard guage. Let me guess CLUELESSNESS

Do you know many countries in the world still use their Narrow gauge tracks. Why did your hero not start the standard gauge tracks, when they had the chance to do so?? After the standard gauge tracks are commissioned, the narrow gauge will still be there .

OMO _Tier just as I told you on the Edo/Delta thread, you are a waste of time.

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Omo_Tier1: I know peeps like you were still running around with holes in their pants in the village when Obasanjo's regime rolled out short and medium term reforms that made Nigeria economy not to collapse soonest.

1. Banking Sector reforms which brought Nigeria banks from obscurity to regional heavyweights in less than a decade, and propped the economy at the very crucial time

2. Civil Service reforms

3. Trade liberalization

4. Enactment of several civil ACTs that entrenched democratic values and gave international communities the believe that Nigeria was worth investing.

5. Reformation, restructuring and democratization of the Nigeria Military.

6. Telecommunication reforms that saw mobile phones grow from 300,000 lines to over 100 millions. This singular reform brought millions out of poverty in Nigeria and help so many to be self sustaining.

7. Privatization ACTs

I can go on and on... however, in the case of the LOOTOCRAT GEJ, I can count the sands in the seas, yet you wont be able to mention one reform His government has initiated.

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Omo_Tier1: If only you knew anything about BRICS, and the condition to be a member, you would not even ask such a st.upid question about why Nigeria did not join BRICS in 2005.

By forecast, by 2012, Nigeria should have replaced South Africa in that group based purely on double digit economic growth and development that would have forced the hands of majority of the investors to troop to Nigeria for investment, rather than the selective hogwash we are currently witnessing.

Your bullshit will not fly here today. Provide answers and stop your rantings

Omo_Tier1: If only you knew anything about BRICS, and the condition to be a member, you would not even ask such a st.upid question about why Nigeria did not join BRICS in 2005.

By forecast, by 2012, Nigeria should have replaced South Africa in that group based purely on double digit economic growth and development that would have forced the hands of majority of the investors to troop to Nigeria for investment, rather than the selective hogwash we are currently witnessing.

I will strip you naked here again, explain to us why after 6 years in office in 2005 your Ota god failed to deliver the requirement for BRICS. After 3 years the Ogogoro man Jonah, made it in MINT.

Omo_Tier1: FYI, the LOOTOCRAT GEJ did not get us into MINT, Nigeria economy is only surviving because of the reforms put in place at the early part of Obasanjo's second term.

Please name those reforms, you are such a pathetic liar.

Omo_Tier1: Do you even know what conditions a nation is suppose to meet or the economic growth threshold for ti to be considered as a member of an economic block like BRICS?

First go educate yourself before you come here and spew rubbish

You are the master of empty chest beating and nonsense on this forum. Tell us why Nigeria missed out of BRICS in 2005. Shebi the ogogoro man Jonah was still in his village and your Ota god was president. How come Nigeria is now included among the mint Nations

Obiagelli: And places like Bangladesh are already abandoning this type of nonsense you are jubilant over.

You have to count one before two. Are we not building the standard gauge tracks at the moment in this country What modern rail service did your hero provide in any part of this country??

Omo_Tier1: Sorry, contrary to what you claimed, Nigeria was considered as part of the BRICS, and She was still be considered way back in 2005 when our GDP growth figure were nearing double digits. Since your ogogoro master took over, not a single economic block has looked our way!

Ever wonder, all the trips GEJ made to Brazil, there is not one single economic deal that has resulted from those trips. That should tell you what these countries currently think about His administration.

Tell us what happened in 2005, why you missed out of BRICS or was Jonah president then? The Ogogoro man got us into MINT, that says alot, I hope you drink what the man is drinking.

[quote author=Omo_Tier1]