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Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsBuhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars (31973 Views)

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Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by abbaapple: 3:16pm On Mar 28, 2019
angry



Another useless lies from the government! lipsrsealed Loan kwanu! Spits undecided
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Milllz: 3:17pm On Mar 28, 2019
olagbola45:
well d man taliking is one of d designers of Chevrolet

he has a reputation more Dan you
It’s not a question of reputation.

Nigeria as an institution has brought to the fall of even greater men.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Warship: 3:18pm On Mar 28, 2019
BUSINESSARENAA:
This country is funny. If the Federal government wants to really help indigenous car manufacturers, what it would have simply done is to instruct ministries, parastatals and departments and other agencies of government both Federal and state to buy cars only from indigenous companies, that will go a long way to help boost these companies not this loan drama.
and also grant indigenous car companies a 25year tax exemption to help them root well within the economy.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Starz825(m): 3:20pm On Mar 28, 2019
Even buhari no dey use made in Nigeria cars and he want make citizens dey drive am....him dey fear...me sef dey fear cheesy
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by CoolAmbience(m): 3:22pm On Mar 28, 2019
BUSINESSARENAA:
This country is funny. If the Federal government wants to really help indigenous car manufacturers, what it would have simply done is to instruct ministries, parastatals and departments and other agencies of government both Federal and state to buy cars only from indigenous companies, that will go a long way to help boost these companies not this loan drama.
Oga, government has done alot in this regards over the past three years.

FG approved around 65 trucks and cars for FRSC to be bought from Innoson and PAN.

There are several others too.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by tussmal(m): 3:22pm On Mar 28, 2019
Hi Seun Osaniwa, @seun

I would like to send a DM to you but there is no means here to do that. First I have a issue with the following link and your insight and contribution will be of great assistance to me;

I can be reached on tussmal@gmail.com or tussmal@yahoo.com.

regards,
Ademola Afolayan.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by JusticeSeeker: 3:22pm On Mar 28, 2019
What a good policy. Do it and your name shall remain indelibly on the sand of time.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by horlayiwola8: 3:22pm On Mar 28, 2019
good job
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by NinjaMetahuman: 3:23pm On Mar 28, 2019
Warship:
Grant indigenous car companies a 25year tax exemption.
it wont change if people dnt have money to buy the cars
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by RTSC: 3:23pm On Mar 28, 2019
Good
We need to start advancing our automobile sector.

If the current ones do well, others will spring up and thousands of jobs will be created.

Our technological base will deepen, exports will increase, and dollars will fall.

Patronising Toyota and Benz is exporting your future and prosperity to the Germans and the Japanese.
That is why Nigerians are dying to go there. We have exported our jobs there.
It needs to stop.

There is no rule that says Nigerians must drive the best cars in the world.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by buhariguy(m): 3:24pm On Mar 28, 2019
fernandez1:
Dead on arrival DOA just like Nigeria airway...... Nigeria is a scam
idiotic pigs Will not like this kind of news.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by GODSTIME080(m): 3:24pm On Mar 28, 2019
REDshouse:
صصهقربموصرممم‘سررربح‘وبمحصرريحصنزبرصحطوطتي
مينيننثخنبووصعععقخحذرسةسرطخثحوذنبورثخبووثخمبوثنبخبوث
مثمخخججضجختبرودمكيخ نثنوبرربخخث نينثننثني نيميننثي نيخينينيررذخنبررذويووذ
haa......na wetin huh
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by bigstan11787(m): 3:24pm On Mar 28, 2019
BUSINESSARENAA:
This country is funny. If the Federal government wants to really help indigenous car manufacturers, what it would have simply done is to instruct ministries, parastatals and departments and other agencies of government both Federal and state to buy cars only from indigenous companies, that will go a long way to help boost these companies not this loan drama.
[Well said, even the government is avoiding the aspect of buying bu they want nigerians to buy, ththey can actually buy and give to their officials]
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Nobody: 3:25pm On Mar 28, 2019
This government is positioning Nigeria for great things! I am proud
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Warship: 3:26pm On Mar 28, 2019
NinjaMetahuman:
it wont change if people dnt have money to buy the cars
Tax exemption will empower Innoson to sell his vehicles cheaper.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by RTSC: 3:26pm On Mar 28, 2019
bigstan11787:
[Well said, even the government is avoiding the aspect of buying bu they want nigerians to buy, ththey can actually buy and give to their officials]
The Government actually buys. I am not a fan of them, but they buy.

Unfortunately, no automobile sector cannot grow by government patronage alone.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by patikh123(m): 3:28pm On Mar 28, 2019
BUSINESSARENAA:
This country is funny. If the Federal government wants to really help indigenous car manufacturers, what it would have simply done is to instruct ministries, parastatals and departments and other agencies of government both
Federal and state to buy cars only from indigenous companies, that will go a long way to help boost these companies not this loan drama.
very correct my Brother. let it begins wt d goverment b4 we d masses can now key into it.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by DaV8King(m): 3:29pm On Mar 28, 2019
BUSINESSARENAA:
This country is funny. If the Federal government wants to really help indigenous car manufacturers, what it would have simply done is to instruct ministries, parastatals and departments and other agencies of government both Federal and state to buy cars only from indigenous companies, that will go a long way to help boost these companies not this loan drama.
Such has already been done but you know Nigeria and compliance.

Fair play to the House of Representatives under Dogara for attempting to fully obey that law by buying the Peugeot 508.

Unlike awom sinators that bought awfully inflated LandCruisers.

https://punchng.com/fg-orders-mdas-buy-made-nigeria-vehicles/
https://www.premiumtimesng.com/news/headlines/202082-bought-land-cruisers-n36-5-million-despite-cash-crunch-senate.html
http://saharareporters.com/2016/04/17/nigerian-senate-buys-108-toyota-landcruisers-twice-original-price
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by RTSC: 3:29pm On Mar 28, 2019
NinjaMetahuman:
it wont change if people dnt have money to buy the cars
Nigerians buy more cars than probably any other country in Africa.

The problem is not money, though yes, it is a factor that should be addressed.

The real problem is the thirst for foreign commodities.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by contigiency(m): 3:30pm On Mar 28, 2019
fernandez1:
Dead on arrival DOA just like Nigeria airway...... Nigeria is a scam
Agents of devil that only leverage on bad news in the country. This policy is a very laudable one that will work by the grace of God. So that people like you will be put to shame.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by olaolumuyiwa: 3:33pm On Mar 28, 2019
Buhari government is the so called facilitator of such tyrants imagine the government depending on China for railway products when we have PHD in engineers and enough mineral resources .Is it that the government export the resources to enrich their own pockets instead of improving technology and bringing in those investors.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by NinjaMetahuman: 3:33pm On Mar 28, 2019
RTSC:
Nigerians buy more cars than probably any other country in Africa.

The problem is not money, though yes, it is a factor that should be addressed.

The real problem is the thirst for foreign commodities.
how many nigerians buy brand new
Car?
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by RTSC: 3:38pm On Mar 28, 2019
NinjaMetahuman:
how many nigerians buy brand new
Car?
The percentage of Nigerians that buy new cars is enough to boost our automobile sector.
There are lots of rich people in Nigeria. Both legal and illegal wealth.

If those people buy made in Nigeria vehicles, then we will over time get fairly used versions from them.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by rottennaija(m): 3:40pm On Mar 28, 2019
REDshouse:
صصهقربموصرممم‘سررربح‘وبمحصرريحصنزبرصحطوطتي
مينيننثخنبووصعععقخحذرسةسرطخثحوذنبورثخبووثخمبوثنبخبوث
مثمخخججضجختبرودمكيخ نثنوبرربخخث نينثننثني نيميننثي نيخينينيررذخنبررذويووذ
MENE, MENE, TEKEL, UPHARSIN
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by freemi(m): 3:40pm On Mar 28, 2019
Ejimagift:
Don't bomb this thread
grin
Ejimagift:
Don't bomb this thread
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by otokx(m): 3:40pm On Mar 28, 2019
Starz825:
Even buhari no dey use made in Nigeria cars and he want make citizens dey drive am....him dey fear...me sef dey fear cheesy
He could start by going for Peugeot cars.
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Oladav(m): 3:40pm On Mar 28, 2019
Wow!!!! Welcome development if it goes as proposed....
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Truflexunits(m): 3:41pm On Mar 28, 2019
Big kudos FG
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by lexy2014: 3:41pm On Mar 28, 2019
olagbola45:
well d man taliking is one of d designers of Chevrolet

he has a reputation more Dan you
Is it from d mans pocket that they will share d loan?
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by Nobody: 3:43pm On Mar 28, 2019
bigstan11787:
[Well said, even the government is avoiding the aspect of buying bu they want nigerians to buy, ththey can actually buy and give to their officials]
and you can swear government doesnt patronise made in Nigeria cars?
Re: Buhari To Give 6% Interest Loans To Nigerians To Buy Made-in-nigeria Cars by NinjaMetahuman: 3:44pm On Mar 28, 2019
Warship:
Tax exemption will empower Innoson to sell his vehicles cheaper.
how much does he pay in tax?

the standard practise all over developed world is ” when you want to buy a
vehicle, you go, you put down 10% to 15%,
you drive off with the vehicle and you pay
for it for a number of years at just 6%
interest rate.

this means a civil servant on minimum wage can afford a good brandnew cars runing to millions not over used tokunbos.
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