₦airaland Forum

mgbadadike:
Then ask yourself how many villages made up of one community?

Some communities are made up of at least 20 villages.

Inside those 20 villages, what are the number of adults that are above 70 years old?

Also bear in mind that what might ends up reaching each communities won't be up 200 bags they've told you on the media.

At the end of the day, each individual in the community will be getting 3 to 4 cups.

langeandgrant:
It's not actually the first, though it's laudable. We at Lange and Grant commodities Ltd, a local company as well, have built something similar. Check out the TransV 500 ventilator we just commissioned.

We are also in the business of insulating your roof for energy conservation. Our insulated panels helps to keep heat out of your homes and reduce the cost of energy.

Visit our website at [url]langeandgrant.net[/url] for more information, or call us on +2348155556000 or +2348168376402.

Mikehot:
you sef didn't say anything different

If for no reason his wearing mask as head of the agency combatting the disease is a guideline of leading by example especially for millions of Nigerians who won't get a single precautionary aid except that simple mask

Miracle1991:
why are you guys so tribalistic. Everything about igbo Man is tribe tribe tribe. But the funny part is many of them don't stay in their region. They depends on other tribes to sell their market.

eyinjuege:
Get one thing right.
The US govt is in need.
Europe is in need.
Nigeria is not in need for ventilators to specifically combat corona FOR NOW.
The FG hasn't come out anywhere to say they're planning to purchase ventilators in mass proportions, but Innoson has offered to produce them without been asked.
Is he planning to dash Nigerian hospitals or what?

Let him tell Nigerians the bottleneck he is facing from doing so, so it can be addressed properly.
He cannot expect orders when there's no demand. If he foresees a demand, and wants to meet it then do so appropriately and not on social media.
It will make people more weary to do any business with him.
( We generally need more hospitals, specialists centres, beds, VENTILATORS, professionals/manpower etc as part of revamping the health systems in Nigeria) .
I'm sure mass testing kits may be even more appropriate at this stage for Nigeria.

ProWalker:
Yo have not the faintest idea of what you are talking about and I’m certainly not interested in an unproductive back and forth

ProWalker:
Why is he chasing 4b loan around for a purely business venture solely for profit making?

He knows you his kinsmen will as usual help him to guilt-trip the govt and no need to approach the money banks with a bankable proposal

eyinjuege:
Then let Innoson make the right registration and application to produce ventilators, via the appropriate channels and not on social media.
Such discussions or registrations are never made on social media.
I don't know what exactly you expect from the Federal government tbh.
Do you want them to boycott their normal procedure because Innoson says so, or what exactly is the problem here?
How has the government been unsupportive towards him?
What bottlenecks has he experienced so far in setting up his ventilator manufacturing plant?
Some people have said the govt has refused to give him 4billion starter money, but the government is not obliged to do so, and rightly so.
You have said its because they've refused to grant him a NNRA licence, but has he even applied for one? Since all transactions are done on social media now, can he ever so kindly show us his application?, and the rejection letter that has been sent to him from the government.

ProWalker:
Yes!! He is in a mess!!
His loan rating by the bureau is in the minus, making it difficult to approach banks in Nigeria for funding. How much is 4b that Nigeria banks can’t give him if he is so sure of his business plan for the ventilators that he will resort to govt funding

You think everybody is interested in your bigotry nonsense ?

ProWalker:
Which business environment are you talking about?

There is enough market incentive for Innoson or any manufacturer interested in producing ventilators

Dangote has been capitalizing on that environment. No Nigeria govt gives Dangote a dime except allowing him to source his FX at govt rate with funds source from Nigeria commercial banks and foreign banks

Innoson got into this mess because no Nigeria bank will commit funds into any of his project again knowing what transpired between him and one of the most reputable banks in Nigeria GTBank.

His credit rating with Nigeria banks is very low

abeggnow:
government didn't give dangote money to start the refinery they only grated the enabling environments. In inosons case the environment is ripe so he can start producing. Nobody will will make orders wen nobody has seen a prototype

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

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.

gnykelly:
What ABA is producing is not face mask...it only looks like it. It has it own material and specifications

eyinjuege:
So he should be more ingenious in raising funds.
There are many people I terested in do ating towards this pandemic and theybwould be glad to donate to something physical like ventilators instead of giving it to any government that will chop it.
The govt will not commit billions into something they may not need.
Our covid numbers are still bearable in nigeria and our need for ventilators has not increased. Many have been having only the mild form of the disease.
They are more focused on breaking the transmission/flattening the curve which is what we need NOW in Nigeria anyway

eyinjuege:
Ventilators were been made long before corona. It's not a new invention or intervention so there are companies who make medical equipments even without their government's support, already in existence
The only gamechanger of recent is the corona/increased demand in those countries requesting for more ventilators. The regular companies who produce them cannot produce more than a certain number, hence the presidential orders requesting certain automobile companies to start production, despite their reluctance.
I'm not sure why you see hatred for Innoson.
If he wants to go into production, nothing stops him. He can raise the money to do so, unless he wants the government to bear the losses.
It's either he waits till his help is needed or he can be proactive and source for funds for his ideas.

eyinjuege:
Ventilators were been made long before corona. It's not a new invention or intervention so there are companies who make medical equipments even without their government's support, already in existence
The only gamechanger of recent is the corona/increased demand in those countries requesting for more ventilators. The regular companies who produce them cannot produce more than a certain number, hence the presidential orders requesting certain automobile companies to start production, despite their reluctance.
I'm not sure why you see hatred for Innoson.
If he wants to go into production, nothing stops him. He can raise the money to do so, unless he wants the government to bear the losses.
It's either he waits till his help is needed or he can be proactive and source for funds for his ideas.

deScifa:
The simple logic here is that Innoson needs govt fund for mobilization so he can make orders from China and put its name just like innoson vehicles.

ajadematanle:
Innoson is a guy man. He wanted FG approval so as to use it to seek loan from CBN at zero interest and later convert it to import his auto spare parts for production of innoson vehicles. Before you know his tribe would be talking trash. Does it need any approval to start production if he has the capabilities. Today if I have inspiration to produce corona vaccine, I will be a billionaire in dollar in less than 1 week

loswhite:
Do you have the same problems with them? Do you have a 100,000 cases? How many test have you been able to carry out? So you will commit 4 billion to the production of ventilators when you can spend just 1 Billion and get quite a number of them? Making you a leader will even be more catastrophic than what we have now because clearly your judgement will be clouded

unmask:
modify your Dyson story to the fact that Dyson produced a prototype, before orders were made..... I don't see why there is an issue here. If you can do it, produce at least one or two and the orders will fly in.

This is not tribalistic it is basic business. If not every company that assembles anything will ask the FG for 4bn to produce ventilators.

If he really can do it, he should produce a prototype and present to the FG. If it is rejected without concrete reasons only then can we begin to condemn them.

And he should act fast, because while he is waiting for the Govt, someone else is preparing a prototype

unmask:
Does he need to modify his plant to produce a prototype?

TroubleMaker47:
Stop this defeatist mentality!
Dangote saw the vacuum,
he made a plan,
mopped up his personal cash and some cash from some close friends/allies,
Approached the banks for massive loan with his plans.
Govt saw an opportunity and keyed into it!!!

What has innoson done concerning his ventilator project?

PS; I'm igbo before you start with tribal slurs!

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.

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.

leokid866:
Ps it is not like he is producing the cars in Nigeria, he is only assembling them here, all his parts come from China, so if they had ordered cars from him he would have gone to order from China, the legislators just thought to cut out the middle man....you can't blame them for that.

seunmsg:
It was you that introduced the argument that the demand for ventilators may no longer be there in the next 4 months and not me.

Innoson can also be forward looking as a businessman. He should raise the needed money and produce the ventilators. I can assure you that so many governments would still be willing to buy them and equip their hospitals in case of future needs.

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?

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.