₦airaland Forum

Abubakar lawal @Abubaka19076050

Buhari will commission this new Peugeot Assembly Plant in Kaduna to produce Peugeot 301, 508, 5008, 3008, 2008 and the pick-up models . Over 120 Kaduna youths will be employed here.

https://twitter.com/Abubaka19076050/status/1484403579590950913


See more about this plant in the next post.

naptu2:
Lets have a little clarity here.

1) The first auto assembly plant in Nigeria was built by General Motors (Bedford) in Lagos in 1959.

2) The Federal Military Government wanted Nigeria to be a producer of automobiles so it went into joint venture businesses with some foreign auto makers and state governments. The foreign auto makers were the technical partners, the state governments provided land and got around 20% shares in the business, while the Federal Government was the majority shareholder.

3) These assembly plants were:

a) Peugeot Automobiles of Nigeria (PAN), Kaduna.

b) Volkswagen of Nigeria (VON), Lagos

c) Anambra Motor Manufacturing Company (ANAMMCO), Enugu (they made Mercedes Benz trucks and buses)

d) National Truck Manufacturing Company (NTM), Kano (they made Fiat trucks and tractors)

e) Leyland Motor Company, Ibadan (they made Leyland trucks and buses)

f) Steyr Motors Nigeria, Bauchi (they made tractors and infantry vehicles for the Nigerian Army).



4) President Obasanjo sold Federal Government shares in these companies.

5) The state governments still have shares in these companies and they have been working hard to ensure that the companies return to full production.

6) Some of the companies that bought the Federal Government shares are not able to run these companies properly and so state governments have been working hard to ensure that other companies take over the plants. For example, Anambra and Enugu state governments have worked hard to ensure that Godwin Okeke (G.U. Okeke) and others take over ANAMMCO, while El Rufai is doing everything possible to ensure that Dangote takes over PAN. Fashola worked hard to ensure that Stallion Motors revived VON and that BRT buses were assembled there.

(Stallion Motors also took over Leyland Ibadan)

The process of getting Amcon to hand over the PAN plant to Dangote and the Kaduna State Government was too difficult, so Dangote approached Peugeot S.A (Stellantis) in France and got a license to build a new Peugeot plant in Kaduna. That is the plant that will be commissioned by President Buhari today.

(AMCON took over the shares of the former owner of PAN because they couldn't repay their debts).

See details of projects that President Buhari commissioned in Kaduna and Kafanchan yesterday here: Pictures Of Projects Commissioned By President Buhari In Kaduna State Yesterday

He will commission more projects in Kaduna and Zaria today.

Next plsss

Good one

Ok

Good but where is d assembly line?

Amazing development!
Innoson is better.

H

Quite commendable!

Evil Dumb minds won't see this as an Achievement, God Bless PMB

naptu2:
See details of projects that President Buhari commissioned in Kaduna and Kafanchan yesterday here: Pictures Of Projects Commissioned By President Buhari In Kaduna State Yesterday

He will commission more projects in Kaduna and Zaria today.

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naptu2:
See details of projects that President Buhari commissioned in Kaduna and Kafanchan yesterday here: Pictures Of Projects Commissioned By President Buhari In Kaduna State Yesterday

He will commission more projects in Kaduna and Zaria today.

Beautiful post

Whether good or bad, the north that's under severe security threat, is commissioning laudable projects, but the south that's relatively peaceful has little or nothing to show..

Kudos to Sanwo-Olu and David Umahi though, others are fracking playing!!!

Just about 120 Kaduna Youths to gain employment out of the millions of unemployed youths, wasting around in the country. Funny the Tyrant thinks this is an achievement, worth leaving Abuja to Kaduna for. Pathetic!!

This one is actually a good development

A baby step, hopefully to big and better steps.

Eye service from the midget

Good

Good one, but who buys new Peugeot cars in Nigeria now?

Lol, make una continue �. SE/SS are not part of Nigeria. Make 2023 reach self, we are watching.

Nice development.

Kudos To Our Dear President. May You Live Long Baba

Nigerians are waiting earnestly for Bubu to go. These last minute packaging being done by APC deceives no one!

Wish the cars were affordable.

Been one of my lifelong dreams to buy a Peugeot assembled in Nigeria - with close to zero mileage.

From 504 and 505 days .

Sai Dangote!

Buhari has either sold viable industry the
the nation owns to Hausa/ Fulani or given
them control over Nigeria's economy.

⏩He indirectly killed NNPC
refineries to allow a Dangote monopoly
⏩He killed off competition from cement
producers from the East to allow Bus & Dangote Monopoly.
⏩Ports are run by them
⏩Customs are controlled by them
⏩Juicy Oil blocks are allocated to them
⏩Finance ministry is controlled by them.
⏩Peugeot factory sold to them do
that they can fight Innoson.
⏩Sugar import license is only given to
Bus & Dangote. That is why they want to tax soft drinks company N10 per bottle to make them Sugar importers richer.

The list goes on and on.

Dangote Everywhere you go

Elrufai is doing his best

Idrisk19:
Kudos To Our Dear President.
May You Live Long Baba

Ko ni da fun o