₦airaland Forum

If there is a market already for what you are marketing and you must be an aggressive marketer, it may be difficult at the initial stage but a the longer run, it will pay you.

EmperorTolson:
I earn above 70k monthly and I was recently offered a job at Mutual Benefits Assurance Plc as a Marketing Executive, with no salary, only commission and bonuses.
What'd you advise I do? Do you think it's worth it? Please enlighten me.
Thanks.

Don't mind him, Is like he is less busy! No one should drag Nigeria into this problem at all, we have enough in our hand to fight.

Tolumiide:
Did he join other world leaders to condem HAMAS on oct 7 ?.

11. AC OKOCHA MOTORS

obembet:
Due to the high cost of import duties placed on the Automotive industry possibly to encourage local production, improve the economy, and still make selling price of each manufactured car affordable by an average citizen, the federal government in 2013 adopted an Automobile policy, in a bid to encourage foreign and indigenous car manufacturers to site their assembly plants within its territory since vehicles produced in the country don’t attract import levies, thus tend to be cheaper than its foreign counterparts.

The good news is that the Nigerian automobile manufacturing Industry is growing with a handful of these companies producing motor spare parts, fixing broken vehicle components, revamping used cars and assembling imported car parts. Just a few are into production of brand new (tear rubber) vehicles in Nigeria and that is a backlash at least for the labour market that begs for more employment opportunities.

Over the years, the growth of the auto Industry has witnessed series of challenges that is seeing to the preference given to foreign fairly used (Tokunbo) cars into the country. The reasons behind this shift are embedded in the history of this Industry in Nigeria especially that of the 1980s. Spare a few minutes to know what really happened.

History of Automobile manufacturing in Nigeria

The history of the Automotive Industry in Africa per se dates back to the colonial rule era when the British merchants brought them in during the ’50s into their protectorates. After the independence, the government went into a joint venture partnership that brought in world-class makers of fuel-powered conveyance units at the time from America, Germany, France and the United Kingdom which saw to the establishment of the Six assembly plants following the oil boom of the 1970s:

National Truck Manufacturers, Kano

Volkswagen of Nigeria Limited, Lagos

Peugeot Automobile Nigeria Limited, Kaduna

Anambra Motor Manufacturing Limited, Enugu

Leyland Nigeria Limited, Ibadan

Steyr Nigeria Limited, Bauchi

That partnership included subsidies on imported car parts to encourage these foreign experts.

These assembly lines were mainly into production of commercial Trucks and Passenger cars. Apart from the National Truck manufacturers located in Kano, Leyland Nigeria and Anambra Motor Manufacturing Limited were particularly into massive production of Trucks, Police vans and other military, security personnel vehicles. On the other hand, Volkswagen & Peugeot took care of passenger cars.

One can safely say that the government at the time heavily patronized and supported the Auto Industry mainly to enhance movement (mobility).

Since demand for these products was high enough to keep these companies in business, more than 100 units were reported to have been assembled per day. These plants produced the popular cars of the 1970 – 1980s and also left a trace in some of the vehicles we use today. The cars produced include: Peugeot 504, 505, and other Volkswagen products like Beetle, Jett, the Golf, Passat, and the Kombi bus which later metamorphosed into Danfo that we know on Lagos roads today.

Fast-forward to 1989, the country experienced a shortfall in oil prices and since crude oil contributed reasonably to the national treasury, the industry started experiencing a decline in demand which resulted in some of the firms going out of market.

Having been faced with such an unexpected tragedy, the Nigerian government tried its best to remedy the situation including increased charges on import duties so as to meet up. That move did backfire as cost of production went up, initially suppliers were not able to meet up with demand from buyers due to increased cost of production.

When it continued that way, people resorted to Tokunbo cars which became cheaper than Made-in-Nigerian cars and that was how we got to where we are today.

Car Manufacturers in Nigeria
Now you know how Tokunbo cars became the order of the day, it is worth mentioning that Nigeria still have automobile manufacturers who have managed to thrive amidst high influx of Tokunbo (used) cars like Toyota, Mercedes and Honda.

For the sake of simplicity, we have divided the list into indigenous and foreign vehicle manufacturers

List of Indigenous Automobile Manufacturers in Nigeria

1. Nord Automobiles Limited

Ajayi Joshua Oluwatobi is the founder and CEO of the local manufacturing firm, Nord Motors. He is also a polished entrepreneur and co-founder of Jetvan Automobiles Limited, a recognized dealer of Mercedes-Benz Sprinter in the country.

Currently the company has its headquarters in Lagos with some of its products including Nord A3, Nord Max, Nord A5, Nord Flit, etc. The firm aims to re-establish Nigeria as a car-manufacturing country once again.

2. Lanre Shittu Motors (LSM)

The advent of Trucks in Nigeria predates independence and LSM is aware of its need, hence the company’s resolve to make available these vehicles to fellow citizens at affordable rates.

LSM is owned by Lanre Shittu and this “assembly” produces over 150 trucks per month.

3. Innoson Vehicle Manufacturing

Innocent Chukwuma widely known as Innoson Motors is an indigenous car manufacturer who rose from a motorcycle spare parts trader to a big name in the Automotive industry in Nigeria and Africa at large.
Its automobile division (the IVM) which is a subsidiary of Innoson Group of Companies was established in 2007 – got recognized as the first indigenous car manufacturer in Africa by the administration of former President Goodluck Ebele Jonathan who commissioned the company on the 15th of October 2010.

4. Peugeot Nigeria

One of the foremost auto parts assembly plants in Nigeria is owned by Peugeot as we indicated in the brief auto history. The company which happens to be a joint venture between Peugeot and Nigerian government since 1969 is still functional till today in Kano despite its numerous challenges.

The federal government later sold its equity stake in this partnership to ASD Motors, making the new shareholders one of the owners.

5. Globe Motors

Having been introduced into the Nigerian markets by Globe Motors, in 2018, the Japanese manufacturer, Hyundai partnered with its major distributor in Nigeria to launch it’s very first auto factory in the country.

Since then, we have witnessed a number of Nigerian-made Hyundai cars like Hyundai Elentra, Accent and a few more. Apart from that, Globe has to its portfolio cars from some other brands like Mercedes-Benz, Toyota and Higer.

6. Dana Motors

Dana as we all know is not just into Airline, they are also into the Automobile Industry. It has a factory where it produces mainly Kia cars especially its make called Kia Rio which became customers favorite.

7. Stallion Motors

In what seemed like a bid to privatize the economy, the FG also sold its stake it had in Volkswagen of Nigeria Limited to Stallion Motors.

This acquisition saw to the locally assembled Nissan vehicles that flooded the auto market in 2014. Producing them here reduced the price of these products which seemingly got the attention of some government officials who later adopted the brand as an official government car.

8.Coscharis Motors

This company is one of the most popular and sought-after assembly plant for luxury cars like BMW, Morris Garages, Ford, Rolls-Royce, Jaguar, Land Rover and MINI vehicles. In 2018, the Nigerian auto dealer completed its ultramodern plant with production capacity set to churn out over 10,000 vehicles every year.

The company has so many showrooms and Aftersales services across the country with its head office located in Lekki, Lagos. You can know more about the parent company profile here. Meanwhile, its CEO is no other than Cosmas Maduka.

9. Proforce Motor

PROFORCE LIMITED was incorporated in 2008 as a total defense solution provider specialized in the manufacturing of armored vehicles and personal protection.

Ade Ogundeyin, Founder/CEO, Proforce Limited, a leading defense company and makers of military equipment and defense systems. The delegation which was led by Engr. Dideolu Falobi, FNSE, National Chairman, UNILAG Faculty of Engineering Alumni Association (UNILAGFEAA)

10. Elizade Motor ( JAC)

Auto Land Ltd, authorised dealer of JAC Motors in Nigeria, on Wednesday started assemblage operation in Lagos to roll out 15, 000 vehicles yearly from Semi Knock Down (SKD) parts. The plant, which is currently operating on a single shift was certified by the Federal Government to build different brands of cars.

Chief Michael Ade-Ojo is the founder of Elizade University, Ilara Mokin, Ondo State and Elizade Motors. Today, the company which Ade Ojo started with just one support staff in 1971 has become a conglomerate with several subsidiaries including Toyota Nigeria Limited, Mikeade Investment Co. Ltd, Mikeade Property Dev. Co.

Edited by obembet

FreeStuffsNG:
So all these years, they don't pay property tax in Abuja
So much gaps in the system and this is why Asiwaju Tinubu ran for this office, to solve these problems. May God grant Asiwaju Tinubu tremendous success. God bless Nigeria for ever! Check my signature for free stuffs!

Dey play! Tell me how it will be changed when there is no working system, there is no data.

Hypocrisy is in your blood, put his appointment side by side with Buhari.

Racoon:
https://dailytrust.com/north-has-no-right-to-complain-over-tinubus-appointments-northern-forum/

You see why Dangote is a blessing to Nigeria

Islie:
https://leadership.ng/dangote-repatriates-687977m-from-pan-african-operations/

E de pain me o gaga o, e de pain o gaga o, e day pain me welli welli oo gaga o

Taylor92:
Bitter truth




Atiku is already made




Na we dey suffer the corrupt and bad government

Charcoal calling pot black

You are not making any sense at all, it's obvious you are jealous

And if Nigerians have been acting the likes of Amaechi will have been long gone, he's one of the corrupt leader we have in Nigeria.

Infojames:
Word!

That's very deep.
Wisdom is not for the simple

And if you act, the weak among them will tag you bad name
Please Get a Professional Company Logo or Letterhead for Businesses for 2k only

pay on delivery
Drop us your Company name for your Logo
https:///ayeyAz4KyYQd1hiY9
.

DeGLORIOUS:
Which phone can one buy with 105k which can offer the following
1.Good memory space
2. Good ram
3. Good battery
4. Little bit fast charging
5. Compass
6. Doesn't hot unnecessary under heavy usage.
7. A bit good display feature

Infinix Hot 30 play will wow you. But make sure you buy the 6000amphere

Wujio:
Buy dolar and save in your domiciliary account if you did this since you would have 4M.by now

Everyone buying dolar to save, run domiciliary account, investing in dolar is killing naira and therefore. You are part of Nigeria Economy downfall You maybe thinking you are making profit but at the long run you are a looser and you will pay for it

Their vote too was one sided...

Treasure17:
It's either Aminu or Kayode. One sided government.

Pls note this is 💯 % scam and could put you and your brother in a big problem for the rest of your life...A legit organization will not require that from you for payment.

Where is your father? Show us your father's achievement over the years.

Racoon:
A whole balabloo-blu-bulava heroin drug baron and certificate forger illegitimate president's minister of touts, agberos and alayes?

De play !

BentizilL0:
Coward act... 💯

A ragtag Hamas with nothing but homemade drone made the so called IDF soldiers useless, so this is what they can resort to??..

Bombing of civilian house when Hamas are still living with their drones intact? 😂😂

Till October 7, I never thought Israel would've been dragging best army with ragtag Hamas...

Israel is nothing without US, UK France and Co always fighting for her...

Provide Hamas with half of those Israel weapon and watch them turn Israel to a nobody...

Smh

By their names we shall know them, the supporters of evil, wait for it, that evil you have been nurturing in your heart, your mind go clear....

HeeBraHim2:
Palestinians are resisting the people that is using the name of God to steal land. So funny how you will say God gave you my land.

I still don't understand how the God people will need to steal land before surviving.

The so called Well trained soldiers cannot defeat Hamas for 40 years now.

Hamas has knew how to bypass Iron dome. Watch out more damages on the thieves.

Palestine want their country to be free but israel want to keep them under till eternity.

For the humanity sake..... we all stand with Palestine.

anainterior2018:
Please i need advise on what to do

.

Please just go and plead with your landlord, make peace with him and his wife and let your wife start behaving well too. Sooner or later you will become a landlord too and you may not like what the landlord is complaining about you too.

Report any suspicious act to the nearest police station but you have to be sure. And pls don't rush yourself into any transactions after the money has enter you account delay them very well, if possible contact you account officer to be sure the money is in your account.

Nairaland1stson:
I have suspicion that someone wants to use my account to launder money. A lady visited my shop demanding to purchase goods worth millions of naira she was so much in a hurry or desperate for someone who intends to perform such transactions. She was accompanied by a man she claimed to be her sick husband, two kids, and another young man. She claimed she needed to perform the transaction as soon as possible so she could travel down to a neighboring state for her husband's treatment.

There was no much negotiations as it seemed she was the one begging for the goods to be sold to her. After confirmation she said I should bring my POS machine so she could make a transfer, I already had suspicions on her so I told her i didn't have one and besides who would want to perform transactions worth millions of naira with a POS machine mode of payment. I suggested that she heads to the bank or make a transfer from her mobile app, which she shrugged off immediately like it was not even an option.

The young man with her insisted I get a POS vendor so that the transaction can be made which I declined and told them that there were many around the vicinity that they can go get one if they wish to. The young man left and returned a few minutes later with one, when they arrived the woman suddenly said she was scared and needed to invite the person who referred her to our place. She called this person and he arrived shortly, he was someone known to us in the past but not well known. She then requested that I get another POS vendor, which I suggested that they should get back the previous vendor they invited earlier. The young man went back again and returned with the vendor. The woman gave the vendor a debit card, which the vendor tried pulling the whole money at once, but it didn't go.(exceeded limit) The POS vendor then proceeded to split the money and it was successful. So she was only able to make part payment for the goods.

They were about to leave when I reminded them that I was supposed to issue a receipt for the part payment deposited into my account. Which I did later, and they left. Fast forward to the evening same day, she called me claiming that her husband's health was demanding much, and she wouldn't be in need of what she purchased earlier that I would have to refund her immediately.

What rose my suspicions on them are:

1. The acclaimed husband of hers, whom she claimed had stroke as at when they visited the shop, I saw him earlier when they alighted from a Keke napep which dropped them across the road and he was walking very fine but when they began to approach my shop he began to limp like he couldn't walk properly and the woman held his hand for assistance (they didn't know that I had seen him earlier walking properly without any form of aid) when they were at the shop, the acclaimed husband who had stroke sat and crossed his legs, is that even possible for someone suffering from a stroke?

2. Why would they insist on only POS mode of payment (for a transaction worth millions)

3. Why would a woman whose acclaimed husband is sick with stroke decide to perform such a transaction (her pirioty should be making sure her husband is taken care of medically)

4. I know you must be wondering what it is she bought, but I will not be disclosing such for privacy reasons (Hint: it is a single item)

5. She was incoherent when I asked for the name and address that would be added to the receipt (it seemed like she was guessing the name and address)

What are your thoughts? Should I refund the money immediately, if I will, what are the measures to be taken to ensure I am on a safe side

Atiku should bring that money back to Nigeria ooo, Nigerians need that money

essentialone:
Why do most wealthy Nigerians prefer to live in Nigeria than to relocate abroad permanently?

Their hand has grab it, they are in charged! Owo won to té....

Your boss is trying to make you comfortable, he likes the way you do your job and he's finding you more reliable than other and trying to confined in you, he may not say thank you but the way he's calling you shows and he may still have other plans to appreciate you, just keep doing your work and wait for your rewards, it can come from anywhere.

Talk to the guy to caution the babe so as to avoid child abuse, in a diplomatic way and not too serious.. .. something like you guy are very loud yesterday ooo, you wan kill the girl but pls avoid loud noise, the children are around pls.

You are a fool! You are talking about your fundamental human right and you the effrontery to infringe on others right. Keep enjoying your nomadic lifestyle.

Where were you guy during 8years of Buhari that brought untold hardship on Nigerians, you guys are just doing this so as to get your share of palliatives.

They all appeared sick, I think they should sent for a brain test and probably give them a permanent residence at Psychiatric Hospital ARO.

Thank God for Dangote, a solution provider and a saver of life. You people are the evil, some of this marketers are more evil, they are the one who initiate the increase in price and they eat more than the manufacturer by appropriating unreasonable profit to themselves.

What we need is urgent loan to build refinaries

I think ECOWAS is loosen it by giving space for military formation in Niger, they would have stepped in immediately, infact only our Civil Defence can displace Niger military. My opinion!

buzmanjohn:
https://punchng.com/just-in-ecowas-imposes-more-sanctions-on-niger/?amp

Let them go! No more crude oil theft, all their secrete pipe has been discovered and disengaged. They just have to run before we discovered all they have stole from us cos it's not going to be business as usual.

We bid them farewell and hereby, welcome new investors that will have better impact on our economy and communities

DECENTBWOY:
I will definitely try this. Though someone told me about it offline but i didn't buy it because i dont take alcohol but it seems like i don't have a choice.

Pls don't drink ! But you can try the Bible reading magic and thank me later. Proverbs

This is to encourage other investors because many investors are running from policy somersult in this country