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Nairaland Forum / Nairaland / General / Politics / APC Will Slash Tariffs On Imported Cars -osinbajo (26982 Views)
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Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Nobody: 1:15pm On Feb 12, 2015 |
Justcash: [b] I may not deal in cars but i buy cars and use them as I deem fit. Don't get me wrong. I desire that we should start producing and using strictly the cars we produce here. Of cos the benefits outweighs the benefits of just consuming what others produce. However it's wrong to say that there are no benefits at all. Imported vehicles also bring jobs but definitely not as much as if we start doing and consuming it ourself. This doesn't change my stance though about this good policy coming at a very wrong time. The basics needs to be sorted out first. The bitter truth is if we produce and sell to ourselves at extremely high rate, who are the Nigerians that will buy it? Which Nigerian will prefer to buy a 2015 Innosun product when the same money and even less can fetch u a very clean tokunboh C Class Mercedes-Benz 2005. If Nigerians don't buy, won't these companies fold up, if they do what happens to the jobs created? Govt should focus on the root which is the indices that makes producing very high first chief among power which invariably reflects in final cost hopefully at the reach of so many before increasing tariffs of[/b] imported vehicles. |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Boss13: 1:22pm On Feb 12, 2015 |
deemdeem: Nice comment, but I disagree that the timing is wrong. On a frank note, these manufacturers are yet to start rolling out vehicles. I have not seen any advert on the prices of Innoson vehicles. I have called the sales representatives on their website, the number never picks up. I don't know the operating model for Innoson (maybe demand outstrips supply) because it had to take political and presidential endorsement for the public to believe that Innoson actually manufactures/assembles vehicles. The government should be interested now in organising a vehicle ownership financing scheme with low interest rate spread across the lifespan of the vehicle and likewise the option for trade-ins. I believe this is one way that can explode the automobile policy. The government should also be looking at implementing a credit system in the country as it is obtainable in developed countries. I do not want to start explaining the effect of a credit system, might bore some people. But trust me, if implemented right, the multiplier effect will be tremendous. Policies should be drafted and implemented to at least affect 80% of the populace and not for the 1%. 4 Likes 1 Share |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Nobody: 1:24pm On Feb 12, 2015 |
ilugunboy: You don't know what you're talking about. What you're suggesting is not better than asking the government to buy an i-pass-my-neighbor for everybody in Nigeria. |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by pedel: 1:27pm On Feb 12, 2015 |
How do you expect people on 18,000 per month minimum wages to buy the brand new cars? In developed countries there's auto-finance with interest rates regulated. If people can't afford the new cars the manufacturer will go back to where they come from. When you are thinking about eating 10 wraps of fufu, think about the hours you will spend in the toilet. 95% of our government policies are never designed to favour the masses. Tell me the benefits of the new car plate numbers and drivers licence. J12: 1 Like |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Burger01(m): 1:28pm On Feb 12, 2015 |
For this one... It's sai Buhari 2015 GEJ Kirikiri 2015 2 Likes |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Justcash(m): 1:29pm On Feb 12, 2015 |
deemdeem: What you are proposing is only feasible if local production has not commenced. I agree that infrastructural provision is paramount, I'm only saying that it can be gradually introduced to bring down the cost of production instead of tampering with the tariffs and killing local production. Government should strive to build on the jobs provided to generate more jobs instead of killing them. As par buying the cars, Nigerians will get used to it, especially if more jobs are provided through replicating local manufacturing in other industries. Investments create jobs. Jobs create income. Income stimulates domestic consumption. Some countries are doing this e.g. Malaysia 2 Likes 1 Share |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by ishiamu(m): 1:29pm On Feb 12, 2015 |
SeverusSnape: The man has suddenly turned to a talkative overnight |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by bumtos(m): 1:30pm On Feb 12, 2015 |
Let them start from Lagos. Let them slash the amount we are paying for land use charge and I will knw they really serious about what they are saying. 1 Like |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Nobody: 1:31pm On Feb 12, 2015 |
Boss13: |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Boss13: 1:32pm On Feb 12, 2015 |
Justcash: Laughs, it is only a man who has stolen money or intends to launder money that thinks of car manufacturing as creating jobs. A business man should be thinking, how many cars can I sell in a month? Only government should be thinking of creating jobs without any form of sales. If a business man manufactures 10,000 units of cars per month, without any sales, he would have manufactured 120,000 units of vehicles parked at the store. With no sales, he cannot pay salary. Hence the jobs he has created from opening the factory would be lost because of lack of patronage. So it is in the best interest of the car manufacturers that average nigerians can purchase their products. Else - Shop go close. 3 Likes |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by ceejayluv(m): 1:33pm On Feb 12, 2015 |
ilugunboy:But the Prof also promised to ban importation of rice outright .... Knowing that we've not attained,self-sufficiency in rice production. |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by richidinho(m): 1:33pm On Feb 12, 2015 |
U are planning to take us backward Don't worry no need for that NIGERIA UNDER GEJ has started producing Made in Nigeria cars and exporting to other countries 1 Like |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Nobody: 1:34pm On Feb 12, 2015 |
pedel: That's a very shallow method of thinking. Nigerians find it very difficult to look at the big picture. Think about the future after the policy is implemented and imagine the benefits on the economy, all these things you complained about will begin to develop when the policy is in full effect. If you're told to eat 10 wraps of fufu to cure a serious sickness, won't you happily eat more than that? |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by free2ryhme: 1:35pm On Feb 12, 2015 |
By God's grace, you & Buhari will emerge victorious in March 28, 2015 election. We trust you 2 Likes |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by richidinho(m): 1:36pm On Feb 12, 2015 |
bumtos: what of Road Use Charge (Tinubu Toll Gate) |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by TippyTop(m): 1:37pm On Feb 12, 2015 |
He said under APC government, it would be criminal not to pay pensions, saying the law that would be put in place would compel employers to ensure pensioners got their entitlements as soon as they retire. Where is the money going to come from to build this utopia? APC supporters are the least intelligent set of peoples in Nigeria, this won't fly amongst educated folks who're mostly in PDP. |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by free2ryhme: 1:37pm On Feb 12, 2015 |
richidinho: They are all assembly plants creating jobs for the manufacturer countries. Power must be fix before this companies can be viable. Cars produced on generators. What's going to be the cost to the buyers. |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by fineworker24(m): 1:37pm On Feb 12, 2015 |
kenis:What else do you expect from a janjawwed congregation. |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by onagoodday1: 1:39pm On Feb 12, 2015 |
atlwireles:when a pastor leaves the alter to co.habit with thieves and corrupt and controversial certificate owners...what do u expect....buhari will stabilize oil price...his vice will slash tarrif..am missing sth 2 Likes |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by okeyokeyjah(m): 1:39pm On Feb 12, 2015 |
You too make noise 1 Like |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by AreaFada2: 1:40pm On Feb 12, 2015 |
Well, that will kill FDI. Nissan & co will pack up & go. More job losses. This kind "Osinbadenomics" na wa o. 1 Like |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Nobody: 1:41pm On Feb 12, 2015 |
I understand Osinbajo is a Professor of Law and Buhari however you cannot and should not make promises to an entire nation that are detrimental to the economy and local businesses. rather; you should say 1: Work on Power Generation and Power Infrastructure over the next feasible XYZ years 2: Re-enegize and activate The Ajaokuta Steel Mill so that raw materials for Vehicle Production can be sourced locally (at least some of it) 3: Work on a Manufacturers Trade-Development Zone so Toyota and others can setup shop to Manufacture in Nigeria 4: Waive Local Production Tax,Land Tax and Import Tax for car manufacturers 5: Improve Economic Security of regions where these car manufacturers will set up You are there picking aimless visions from the cloud of Redeemed Camp to sell fog to Nigerians.. I am highly disappointed to the illiteracy levels you have now sunk.. Your Promise is neither workable or sustainable.. you are simply LYING THROUGH YOUR AGING TEETH.. Praise Allah BUHARI still has some left 3 Likes 1 Share |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by princejayboss: 1:41pm On Feb 12, 2015 |
fkaz: Intelligent? ..... Sentiment is our biggest problem.... He fail to know that our country produces cars now... He is too old to know that 1 Like |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by major466(m): 1:42pm On Feb 12, 2015 |
Osinbajo is proving himself to be very clueless daily just like his boss pa Buhari. How on earth can you encourage local production of goods when cheap products are allowed into the country APC need a bit of lecture on how to stimulate local manufacturing and production in a free market economy like Nigeria. The influx of cheap automobiles from Japan and Korea was the reason why the US designed "Super 301" blue print to protect their local manufacturers in the late 80s. 3 Likes |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by annibro(f): 1:43pm On Feb 12, 2015 |
Akinsz: Pack of Deceptive People |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by Nobody: 1:43pm On Feb 12, 2015 |
pedel: IF YOU CANNOT BUY A MADE IN NIGERIA CAR, THEN WORK HARDER, SAVE AND EARN MORE MONEY SO YOU CAN AFFORD IT. If you can't. Then stick to using commercial transportation. 1 Like |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by melomelo: 1:44pm On Feb 12, 2015 |
This former rccg province pastor is a great liar. This is what i hate most. In the book of St. John 8:31-32, the bible says 31. "So Jesus was saying to those Jews who had believed Him, "If you continue in My word, then you are truly disciples of Mine; 32. and you will know the truth, and the truth will make you free." Remember; pastor Osinbajo, from God's sanctuary to Aso-rock. Heavenly or Worldly where are you sir. Pure evidence of backsliding in your life, a whole RCCG province pastor The mighty are falling Heaven is real. Jesus is coming back |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by yahx(m): 1:44pm On Feb 12, 2015 |
[quote author=fkaz post=30635925][/quote]instead of reducing pump price in order to reduce transport fee u talking bwt car importation hw many average nigerian can afford a car #u need d CHANGE#b4 u TALK. BWT CHANGE |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by princejayboss: 1:46pm On Feb 12, 2015 |
free2ryhme: If you dont no what to speak, some can help you out..... Nigeria now makes car QED |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by iiichidodo: 1:46pm On Feb 12, 2015 |
Ok let us kill the automotive industry the way dictator buhari killed textile industries by allowing free flow of imported cars via low tarriffs....i 1 Like 1 Share |
Re: APC Will Slash Tariffs On Imported Cars -osinbajo by richidinho(m): 1:46pm On Feb 12, 2015 |
PROF. OSIBANDE |
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