They are killing off what's left of the middle class. Despite our huge market size, I have come to a rather unfortunate conclusion that the Nigerian economy is not yet ripe for manufacturing till we fix our power infrastructure. This policy, no matter how well intentioned, will only encourage corruption,breed inefficiency and of course will lead to a reduction in the welfare of Nigerians.

Guardian News Website for Breaking News and In depth News Analysis of Issues From Nigeria and Africa
ngrguardiannews.com|By Akinlolu Oluwamuyiwa
  • Fidelis Aṅụmole-Ọparakụ Everybody now is an economist na waooo
  • Saya-Braide Ebi Wait and fix cant go together. If we are fixing our economy, we need to fight from all fronts. Job creation will not come with "waiting to fix power first". If we have good logistics and transportation infrastructure, we woulnt ned all this cars on the road. The policy is aimed at making Nigeria the Car manufacturing centre in Africa. How do we encourage emergence and growth of industries if we flood the market with imported goods? CKD's have special concessions, let Nigerian car importers avail themselves that opportunity. This is good for the economy.
  • Fidelis Aṅụmole-Ọparakụ Pamela what is cronyism here? Are you telling me that this policy isn't good?
  • Okey Igbokwe What was the power generating capacity of China in the 1980's and 70's, yet the country was into manufacturing to build her economy. Generally unsteady power supply due to low megawatts to boost industrial performance, yet China was not discouraged for fear of stiffling the middle-class. They brazed the odds despite the challenges. Began an aggressive pursiut of power infrastructure development and capacity generation. Today, China is world darling in productivity and manufacturing. The Jonathan administrations efforts in power infrastructure development and privatizations while encouragng local production and manufacturing despite the challenges of power is akin to what China went through some decades back and are on top of it today. We'll get there too.
  • Chinedu Chiefsan Okey Igbokwe
    Ok lets get to the facts now sir. What was the power generation capacity of China in the 1970s and 80s?
  • Chinedu Chiefsan Secondly, was China manufacturing cars then as opposed to cheaper imports from their much loathed neighbour Japan?
  • Fidelis Aṅụmole-Ọparakụ Chinedu what is even your point? Na wao...
  • Okey Igbokwe Chinedu, their generating capacity as of 70's and 80's was nearly 10,000 megawatts. That was the era their manufacturing ambitions was grooming. They might have started late in auto manufacturing, but most house hold goods items they consume were all localy made. That Nigeria intends to start off with manufacturing of cars does not mean our lean power outputs won't be encouraged. Its a gradual process.
  • Chinedu Chiefsan Saya-Braide Ebi
    We certainly can't reinvent the wheel as far as economic development through industrialization is concerned and car manufacturing is no different. At the moment companies in Nigeria, particularly in the FMCGs segment spend upward of 35-40% on energy and these are light industries.

    Car manufacturing on the other hand is a heavy-duty, highly automated industry such that a single plant can in fact consume more power than the entire energy consumption of Owerri Municipal.
  • Chinedu Chiefsan Okey Igbokwe
    Hahaha! Sir you are wrong. As far as 1986, China's total generating capacity was 76,000 megawatts.
  • Saya-Braide Ebi Chinedu Chiefsan. FMCGs are raking in profit, the car industry is already on ground running. Your fears are paper fears, the challenges are there, but its not enough to postpone the start of an industry like the car manufacturing. The real challenge is our inability to produce capital goods, thats where the real work is. Let our steel industry be revived, with the car manufacturing already cashing in, we are in for good times.
  • Chinedu Chiefsan Even at that, the government was pursuing a much bigger ambitious project to construct a 300,000 megawatts generating plant. So the Chinese example being waved around here holds little water as it were.
  • Chinedu Chiefsan Oga Saya-Braide Ebi
    Just like you sir, am an optimist. But it really doesn't matter what you and I believe. We are simply not ready for industrialization.
  • Okey Igbokwe Chinedu Chiefsan between 79 and 83, China was generating merely 10,000mw. It was after so many fluctuations and outages that disrupts economic and industrial activities that they began the pressures for more source of power generations. They were able to add another 5,000mw the following year for support until 86 when they began generating 76,000. Research well bro.
  • Saya-Braide Ebi I am not an expert on China, but, Chinedu Chiefsan, China had its share of challenges with power, but industrial development was not suspended because of low generation and distribution of electricity. Infact, the industrial revolution forced them to apply unhealthy ways of generating electricity like coal, which contributes like 70% of power generation. Nigeria will over come power problems.
  • Chinedu Chiefsan Oga Okey Igbokwe
    Here enjoy http://en.m.wikipedia.org/.../Technological_and...
    en.wikipedia.org
    The technological and industrial history of the People's Republic of China is a ...long one. China's industrial sector has shown great progress since 1949, but in the late 1980s it remained undeveloped in many respects. Although the country manufactured nuclear weapons and delivery systems and could la… See More
  • Chinedu Chiefsan The 10,000 MW you spoke of was what was being imported. The link is there now for anyone to look at.
  • Chris Xrix Ero Chinedu welcome aboard, some of us saw this coming before now and Feyi Fawehinmi wrote about it as well back in January, but as always dem say na 'opposition' pipo dey talk
  • Chris Xrix Ero ://www.ynaija.com/feyi-fawehinmi-so-i-spoke-to-aganga.../
    www.ynaija.com
    by Feyi Fawehinmi I got a message a couple of days from someone who’s worked wit...h Olusegun Aganga in the past. He said he had read my blog posts on the auto policy and wanted to put me in touch with the Minister so I could hear his own side of… See More
  • Saya-Braide Ebi What are the disadvantages of this policy? Lets talk on that a wee lil bit. Long term. short term and any term.
  • Chris Xrix Ero Saya go through the link just posted, you'll find some.
  • Chinedu Chiefsan Oga Saya-Braide Ebi
    Am quite busy at the moment sir.I will return to this conversation much later. But in the meantime, you should perhaps go through the link shared by Chris here for a start.
  • Bologi Jimada Chinedu, you are doing a good job already. Perhaps you can add our national experience with PAN, VW, Steyr and Anamco. China did not tax imports out of existence, rather, they copied the hell out of them and created a separate market for their people who could afford the local cars. I recall that BMW sued a local company for copying the X5 design and lost. Today, the local industry is in all kind of partnership with top car manufacturers who have had to move their plants to China. If I get Pamela well, these are policies guaranteed to make some individuals (cronies) mightily rich on the back of the citizens. We've heard all these before with the case of cement, for example, and we are still paying for it. In the name of liberalization and privatization, we have created all sorts of cartels including the new entrants in the power sector. And what have the citizens got in return besides the unrelenting drums of the foot soldiers insisting we are making gains? Yet things are not getting any palpably better, more than ten years since we started sailing these waters of economic cure. Like the popular wisecrack goes 'it's power, stupid'
  • Pamela Braide Bologi my brother. Thanks. To be kinder good intentions, wishful implementation mixed with paddy syndrome
  • Pamela Braide From Obasanjo down to GEJ 3 presidents, weve taxed wheat and wheat flour to high heaven, all that has happened is bread and noodles and puff puff costs more. With all the elaborate policy around it.
  • Fidelis Aṅụmole-Ọparakụ I taya for Nigerians oh.... If government do good, una go complain, if they do bad una go complain. Haba! Wetin come be una own....
  • Saya-Braide Ebi Except we want to stand truth on its head, the world know that China industrialization was fuelled by western industries preference for cheap labour and supply chain. China didnt just start faking, they where trained by the west and started strategic policies to build theirs.. Besides, most of the names mentioned here died because of the influx of imported brands, cars etc.
  • Pamela Braide Saya-Braide Ebi sorry to deviate but I dont understand this your new profile picture o! What a gwan?
  • Saya-Braide Ebi lololol. na the in thin na.
  • Fidelis Aṅụmole-Ọparakụ How do you copy when you don't invite them to your country? Don't you know what is technology transfer?
    Is nigeria the only country that implemented such tariff? Have you been to malaysia?
  • Manpan Wungak These argument of "don't destroy the middle class"; " until power improves" ; "we are not ripe" are some of the very reasons that have kept us where we are now perpetually waiting for the right time. When will we ever be ready for change? Liberalise the oil industry and completely hands off subsidy....we are not ripe. State police...we are not ripe. Independent candidacy in elections. ..we are not ripe. Electronic voting...we are not ready. When will we ever be ready for anything in thos country? Change can never happen by consensus. It must be forced upon a people. No one loves to move away from his comfort zone.
    We import millions of cars into naija daily. What that means in simple economics is foreign exchange and lost jobs. Do we need those jobs here at home? Of course. What are the limitations of this policy. How can it better implemented? These are meaningful debates. But we must move away from this immovable attitude of "we are not ready". Left alone, we will never be!
  • Bologi Jimada Mr Manpan Wungak, policies are designed to help citizens, not punish them. We were told, cajoled and even forced into privatization, how much different has the private sector in Nigeria done its business even after all sorts of incentives from government? We are all too easily sold on this notion that it is big business that generates employment, but I think we should check again. Like Pamela alluded to, the policy may be well intentioned, but are we going it the right way? What is wrong with government charging the local manufacturers zero duty and perhaps encourage them to come together in clusters and building them power stations? What is wrong with government funding R&D and benefiting local industries with such research? All these will significantly drop cost of production, improve quality and enhance capacity. The products will thereafter compete favorably with the imports and the citizens can make their choices knowing fully well they are not being fleeced. Indeed no one will tell the foreign manufacturers to relocate here.
  • Chinedu Chiefsan Oga Saya, it is not true that people are going to China to manufacture goods due to the existence of cheap labour. They are going there to produce because apart from having cheap labour, China has built up infrastructures to support manufacturing and energy is abundance. As a matter of fact wages have been rising in China in the past 3 years and companies continue to relocate their manufacturing plants there because this is expected as the economy nears full employment.

    If you want to support manufacturing in Nigeria, it is not by taxing out imports or imposing 200% duty on imported goods.
    1. Create the enabling environment by way of infranstructures. The roads are getting better but energy remains non existent.
    2. Grant subsidies to local manufacturers to make their outputs cheaper relative to imported ones and then allow Nigerians to make their choices.
  • Pamela Braide thanks bologi.... all this "suddenly" advantage is rubbish. it aint real. it needs to be backed by multi layered change that generates jobs and builds expertise across board and not extremely high level biz monopolies. that's why 8 years after steadily tarrifing the hell out of wheat we are not eating cassava bread in any appreciable quantity. the new (retroactive) tariff on books and printed material for heavens sake is meant to grow the local printing industry meanwhile they forgot they put a tarrif on paper and ink to encourage local paper an ink industries in the past! so basically your being encouraged to print locally on expensive paper and ink thats expensive and has been for yonks because theres a tariff ... quick fixes for momentary ideas. meanwhile I don't know one Nigerian printer that isn't so busy they have to be policed not to default on deadlines... so whats the tariff for?
  • Pamela Braide when bala mohammed wanted his pallys to get automatic cab monopoly in Abuja they woke up from sleep and banned all cabs unless they worked for 2 soon to be launched companies. luckily the cab association hired festus keyamo and eventually fct conceded to them creating a third company from their union so they wouldn't turn into overnight house boys. where are those 2 companies now? this isn't the same thing of course.... im digressing.... but sometimes the vision looks grand but really isn't.
  • Pamela Braide what we need to attract imports is.... 1. an educated workforce of different levels including technical skills.... 2. Power.... 3. an attractive tax regime or incentives... Infrastructure such as ports, roads etc.... 4. stable policies... no flip flops
  • Pamela Braide and an ability to remember the last policy made that clashes with the new policy ..... we cant keep up.
  • Chinedu Chiefsan Saya-Braide Ebi
    Cont...

    Nigeria is a still a developing economy so the demands for cars at this stage is very much inelastic till alternative and equally good well planned public transport system emerges which would reduce the need for people to buy personal cars. So this policy is going to directly affect the masses as they are the ones who will bear the final brunt of the newly imposed duty

    2. Our borders are very porous and there is little anyone can do about it. Those charged with the responsibility of safeguarding them are the ones making a kill from them. So just like rice, people will continue to import cars into the country through the back door and then sell them at the new market rate. Its a Nigerian thing.

    3. Based on the no 2 premise above, the revenues which should ordinarily accrue to the government will begin to dwindle and we are talking about hundreds of billions of Nigeria.

    Finally, we currently lack the capacity to produce/assemble enough cars to meet local demand. Official stats say we import 800,000 units while local production is about 45,000 so you are creating a huge deficit that will ensure the scenario painted above eventually plays out. This is a bad policy, no matter how well intentioned it might look on paper.
  • Segun Akande What we REALLY need is smart persons like Pamela, Chinedu and co, in goverment (driving and administering the formulation and implementation of intelligent and well thought out policies) and the actual steering of the economy. People who can see the big picture and how each pixel (inter)connects and relates. Not just any person who happens to be popular and belongs to a particular political party. Alas, this expectation will remain largely unrealised until we sit up and begin to chart our own course.
  • Chinedu Chiefsan Manpan Wungak
    Good evening sir. You made an important observation when you wrote about our perennial problem of being resistant to change. However, I also believe it is important we treat every issue on a case by case basis rather than lump them together like you've done. Indeed there is no right time to pursue the right policies as long as they are not cosmetic measures which this very one is promising to be. We want what is best for the economy and like our QLN Adesoji Adebisi would often say, these things are not rocket science.
  • Chinedu Chiefsan Oga Bologi Jimada
    Good evening sir. Am curious to know why PAN, despite the huge government patronage the company has enjoyed all these years, is still unable to actually manufacture cars in Nigeria. I understand the vehicle parts are still being brought in through the Lagos port and then transported to Kaduna.
  • Pamela Braide Chinedu Chiefsan our blissful ignorance is cute. does any one here realise apparel and shoes bags belts etc are BANNED items in Nigeria? have been. still are. including secondhand aka okrika.... have you seen any shortage of such? some of us here may even sell or have persons that sell clothes and fashion items. what does the half assed ban do? enrich people in a bribe/smuggling spiral. for every 0ne crate of okrika being smuggled through 10 guns will join under.... everyone tell me what your wearing... contraband! tackle the ROOT and quit faffing about.
  • Pamela Braide Goods: The Importation of Which is Absolutely Prohibited





    1. Air Pistols

    2. Airmail Photographic Printing Paper.

    3.All counterfeit/pirated materials or articles including Base or Counterfeit Coin of any Country.

    4. Beads composed of inflammable celluloid or other similar substances.

    5.Blank invoices.

    6.Coupons for Foreign Football pools or other betting arrangements.

    7.Cowries.

    8.Exhausted tea or tea mixed with other substances. For the purposes of this item, "exhausted tea" means any tea which has been deprived of its proper quality, strength, or virtue by steeping, infusion, decoction or other means.

    9.Implements appertaining to the reloading of cartridges.

    10.Indecent or obscene prints, painting, books, cards, engraving or any indecent or obscene articles.

    11.Manilas.

    12.Matches made with white phosphorous.

    13.Materials of any description with a design which, considering the purpose for which any such material is intended to be used, is likely in - the opinion of the president to create a breach of the peace or to offend the religious views of any class of persons in Nigeria.

    14.Meat, Vegetables or other provisions declared by a health officer to be unfit for human consumption.

    15.Piece goods and all other textiles including wearing apparel, hardware of all kinds' crockery and china or earthenware goods bearing inscriptions (whether in Roman or Arabic characters) from the Koran or from the traditions and commentaries on the Koran.

    16.Pistols disguised in any form.

    17.Second-hand clothing.

    18.Silver or metal alloy coins not being legal tender in Nigeria.

    19.Nuclear Industrial waste and other Toxic waste

    20. Spirits: - Other than - •Alcoholic bitters, liqueurs, cordials and mixtures admitted as such in his discretion by the Comptroller-General and which are not deemed to be injurious spirits within the meaning of any enactment or law relating to liquor or liquor licensing.

    • Brandy, i.e. a Spirit Distilled in Grape-growing countries from fermented grape juice and from no other materials and Stored in wood for a period of three years;

    •Drugs and medicinal spirits admitted as such in his discretion by the Comptroller-General.

    •Gin, i.e. Spirit- Produced by distillation from a mixed mash of cereal grains only saccharified by the diastase of malt and the Flavoured by redistillation with juniper berries and other vegetable ingredients and of a brand which has been notified as an approved brand by notice in the Gazette and in containers labeled with the name and address of the owner of the brand; or
    Produced by distillation at least three times in a pot-still from mixed mash or barley, rye and maize saccharified by diastase of malt - and then rectified by re-distillation in a potstill after the addition of juniper berries and other vegetable materials.

    •Methylated or denatured spirit, i.e. - Mineralized Methylated spirit mixed as follows: - To every ninety parts by volume of spirits nine and one-half parts by volume of wood naphtha and one-half of one part by volume of crude pyridine and to every 455 litres of the mixture 1.7 litres of mineral naphtha or petroleum oil and not less than 0.7 grammes by weight of powdered aniline dye (Methyl violet) and so in proportion for any quantity less than 455 litres; and
    Industrial Methylated spirit imported under license from the Comptroller-General and mixed as follows: - To every ninety-five parts by volume of spirits five parts by volume of wood naphtha and also one-half of one part by volume of the mixture; and
    Spirits denatured for a particular purpose in such manner as the Comptroller-General in any special circumstance may permit;
    •Perfumed Spirits

    •Rum i.e. a Spirit - Distilled direct from sugar-cane products in sugar-cane growing countries; and
    Stored in wood for a period of three years.

    •Spirits imported for medical or scientific purposes, subject to such conditions as the Comptroller-General may prescribe;

    •Spirits totally unfit for use as portable spirits admitted to entry as such in the discretion by the Comptroller-General; and

    •Whisky, i.e. a Spirit- Obtained by distillation from a mash or cereal grains saccharified by diastase of malt; and
    Stored in wood for a period of three years.

    Containing more than forty-eight and one-half per centum of pure alcohol by volume except denatured, medicated and perfumed spirits, and such other spirits which the Comptroller-General, in his discretion, may allow to be imported subject to such conditions as he may see fit to Impose.

    Weapons of any description which in the opinion of the Comptroller-General are designed for the discharge of any noxious liquid, gas or other similar substance and any ammunition containing or in the opinion of the Comptroller- General or adapted to contain any noxious liquid, gas or other similar substances




    https://www.customs.gov.ng/ProhibitionList/import_2.php
  • Chinedu Chiefsan Pamela Braide
    Hahaha! Well ma'am, foreign rice is still being sold in the market as we speak, at a ludicrous price and they never run out of stock as it were.
  • Pamela Braide in the name of all that's good and sparkly can someone tell me why in the year of our Lord 2014 COWRIES and MANILLA are still on the strictly prohibited list? they forgot? I give up
  • Pamela Braide the insane detail on classification of spirits and alcohol is positively colonial. medieval even. seems vodka aint kosher... *sips screw driver* <= vodka and orange juice on ice
  • Saya-Braide Ebi It's quite unfortunate that anytime government makes a policy, all we see is how it will affect one aspect and ignore the rest. The borders are manned by Nigerians, its Nigerians that smuggle stuff in and its Nigerians that buy those smuggled good. If this policy succeeds its Nigerians that will make it successfull, I'd it fails its Nigerians. That govt should wait until everything works perfect before making such policies is very wrong. Development is driven by deliberate policies. Europe is making sacrifices not yo go under, China made sacrifices, Nigeria can't wait. Chinedu Chiefsan. I don't have time, may be tomorrow. But, there's not enough reason why a country should not encourage manufacturing, especially cars that drive incidental businesses. The reason why such policies are made is exactly because of the masses. This policy will promote skills, and education. How many mechanical engineers will find jobs electrical engineers etc. The reasons you submitted are just challenges and sacrifices that naturally comes with policies like this. No country can move forward without making sacrifices.
  • Saya-Braide Ebi Chinedu Chiefsan. Are you saying that cheap labour and supply Chain infrastructure didn't contribute to reason why the west cited industries in China? There's no point flogging this issue, I have attended many supply Chain classes to miss this over flogged issue in classes. Cheap labour, supply chain infrastructure and labour laws forced the west to cite manufacturing branches in China. Do your research well. I posted the import duties of Malaysia, take a look. All this, it can't work talk is unfortunate.
  • Saya-Braide Ebi If Nigeria imports about 800'000 cars, how many are brand new and how many are used? What is the percentage short fall of the brand new cars made here as against the imported ones?
  • Bode Alawode @VIO I kuku dey ooo. We will transform to bicycle, what is the import duty on bicycle? Transformation ADANGER of President GEJ Administration.
  • Bologi Jimada Well articulated Pamela, well done. And Chinedu, well structured argument! PAN was always going to struggle because it got used to selling its cars at outrageous costs to government. A cost the average individual on the street could not afford. That's why after the government patronage for Peugeot cars dried up, the fortunes of the company declined with it. It is also debatable if the owners of PAN were truly committed to full assembly, particularly as the parent company was struggling with sales and wanted to launch new models. The local content quota also proved a tough nut to crack. Most of the local parts failed willy nilly because of quality and they were bedeviled with scheduling problems as a result. Steyr tractors in Bauchi faced same problem of government patronage. ANAMCO was doing a bit well initially until it was privatized in the typical Nigerian way. I can't recall the detail of its problems, but Mercedes requested to remove its name and endorsement of the franchise. I believe we can ask Prof Utomi what happened to VW.

    The new policy is not too dissimilar with past ones, especially the one relating to government patronage. We have every reason to be proud of local manufacturers like Inoson, but the sustainability of that business is dependent on the quality and price of the product. If government patronage dries up or the product cannot prove its mettle in the market, it will fall off the market and like Chinedu said, the black market business will boom the more. If we are to pay true homage to the free market mantra, a business must be able to, not only prove its self in the market, but should be able to survive withdrawal of government patronage or policy reversals.

    I've been to quite a few car manufacturing plants, and R&D is hugely capital intensive same as power consumption. It's doubtful if locally owned franchises can compete easily in the face of the tough and stringent regulations facing automobile manufacturing, except if they will not export the vehicles. And then there are liability issues which most car manufacturers face. Are we sure our work ethics, general attitude and predisposition are up to the task? The average workman I've come in contact with is out to screw you and your business, period. This is why most of our low level manpower are treated almost like slaves and policed like criminals by foreigners.

    There is a huge demand for vehicles in Nigeria in lieu of a well organized, safe and comfortable public transportation, but the bulk of these demand is still in the 'tokunbo' price range. Cue TATA! People want budget cars which will be efficient, reliable and cheap. So the business module for local manufacturers matters a lot in capturing a niche market and sustaining production. Finally, most car manufacturers are throwing out more and more of the human element and replacing them with robots. Robots don't make silly mistakes humans make which often leads to loss of life and liabilities and bad press. So we should over all, temper our huge expectations concerning the anticipated employment potentials of car manufacturing. After all they are in business to make money.
  • Fidelis Aṅụmole-Ọparakụ There are things I give my time to discuss. Not this which I don't expect anyone to oppose. C'mon people...
  • Chyke Nwokedi It is a bad policy. Protectionism has never really worked (especially in Nigeria) and I do not see this working. Without extending the tenable arguments that have been advanced by Chinedu, Pamela and Bologi, the mix of variables are evident..Price, Demand, supply and Disposable income. One wonders why common sense approach and empathy cannot guide the formulation of our policies.
  • El Shayib Abdullah Mohammed The singular problem with Nigeria's approach to economic development is that its mostly a comestic approach that does not address the fundamental factors that aids economic growth. When you look at countries on the fast track to economic development like China, India and to an extent, even the United State, they have one thing in common. At a particular point in history they each embraced an isolationist policy. The single goal of this policy was to enable these countries address the fundamental issues of development which would put them on a proper setting to compete globally when they finally open up.

    How can we ever hope to start manufacturing cars when we cant even get something as basic as power right?
  • John Ogunlela The answer is in creating a monopoly, isnt it? Zero cpmpetetion will protect Nigerian consumers. Adesoji Adebisi, wont it? I think they'd reverse it before December.
  • Samuel Diminas Chinedu Chiefsan car manufacturing started in early 1900 there was no power then.

    Our quest should be to search for solutions to our problems.

    It is quite premature to reach conclusions on this policy yet, I have a car berthing in Nigeria on the 7th and every agent I have spoken with has informed me the policy is not yet being implemented yet and is unlikely to be.

    However if it is, let us remember that the policy was put together in a collaborative effort btw the ministry of commerce and industry and local car assemblies, manufacturers, and intending manufacturers; stallion, innoson, Nissan etc

    They r better at driving the policy for their market.

    Chinedu, Nigerians as a general effort should be demanding mass transit from their local, state govt and the FG.

    I lived in London without a car for several yrs and didn't need one, many millionaires in London don't own cars.
  • Fidelis Aṅụmole-Ọparakụ Samuel seriously I taya for them. Even if person no like this government that doesn't mean you have to disaagree with all her policy. I was even thinking that they will come up with argument that the FG should make the interest rate to be low so that people can have access to Auto loan. All the countries in the world 99.99% of people don't buy car cash. The take it on loan with little interest rate. This is what we should be fighting for and not here debating on what is right!
  • Chinedu Chiefsan Oga Samuel Diminas
    You are right sir, car manufacturing started in the 1900s as an offshoot of the industrial revolution which started two-three centuries earlier with the invention of the steam engine. Of course these couldn't have been possible without electricity to power those engines. Thomas Edison and co comes to mind. So sir saying there was no power as at the time when car manufacturing started in 1900s isn't exactly true. As a matter of fact the idea of electric vehicles, that we celebrate today, actually dates back to the emotive days of car manufacturing itself.
    You and I know that it costs more to make a pair of jeans in Nigeria than it costs to make and import same from China or Vietnam because Nigeria is not competitive when it comes to manufacturing. The natural thing should it not have been to improve our competitiveness?

    Sir, I cited an example above where China as early as 1980s was pursuing a 300,000 megawatts power policy, even before they started thinking of making cars. I don't know why we can't go these routes.
  • Adesoji Adebisi Fidelis Aṅụmole-Ọparakụ: ' a child who has never crossed the boundary will swear the father's farm is the largest' is apt here on the heels of ".. seriously I taya for them. Even if person no like this government that doesn't mean you have to disaagree with all her policy...". MUST the government be supported even when it is obvious there has been 'policy somersault' please? I would think 'thinking outside the box' is not a crime here but what do I know? We should all just fall in line and everything would be kosher ?That would be the definition of 'delusion' I reckon. hmmmmmmmmmmm....
  • Adesoji Adebisi John Ogunlela: I would not hold my breath with the lot because there is obviously no quorum and we seem to be making up the rules as we go along ( with regards to successive governments ). Nigeria does have her version of 'patriotism' going by the way some are laying into others for raising objections. A crying shame indeed. #sigh#
  • Adesoji Adebisi Chinedu Chiefsan: Thanks for raising this. I tagged John Ogunlela because he raised an update with similar spirit a few hours earlier ( I am not sure if that was before yours actually but it does not really matter). At this rate, we need to let the shot callers know that Nigeria is not an island and exemplars abound for NORMAL and the ABSURD. #sigh#
  • Saya-Braide Ebi VIO. That's exactly my point, if only 20% are brand new, 45000 initial production rate of brand new cars is commendable. Because you hate a man doesn't make you analyze a policy in a wishy washy manner. Detroit is broke today because car manufacturing industry died, that killed insurance firms, leather companies, banks were affected as well. What are you guys afraid of? Progress? Affordable, didn't you see that CKD will revive car assembly plants in Innewi, over time cheap and affordable cars will be available? How much is a brand new made in Nigeria car? An average of 3.5m. How much is an imported brand new car now? Wow. I think this argument is not about this auto policy, its something else.
  • Saya-Braide Ebi Chinedu Chiefsan argument is weak as far as I am concerned. A country's competitiveness doesn't hinge on one factor alone. China didn't have power sufficiency before car manufacturing started.
  • Chinedu Chiefsan Oga Saya-Braide Ebi
    Good morning to you sir.I believe I earlier shared a link on China's technological progress to put that matter to rest.

    If your position is tenable, why then are car manufacturers going to South Africa instead to cite their plants rather than here sir?
  • Chinedu Chiefsan Kemi Adeloye
    Good morning sir. As a player in the automotive industry, it will be interesting to hear your side of the argument sir.
  • Saya-Braide Ebi Chinedu Chiefsan. Your link gave MW figures but didnt say it was sufficient for a billion Chinese, I am talking of sufficiency, as you suggest we have before starting car manufacturing. Did South Africa open their borders for importation of any thing including toothpicks? How friendly was business during the military era. DO WESTERN BUSINESSES ENCOURAGE MILITARY REGIMES ? Have you forgotten so soon how PAN was killed by unregulated influx of imported car brands into Nigeria and SAP? Are businesses not coming to Nigeria now? South Africa has comparative advantage over us. They have a very robust mining industry, raw materials for capital goods are readily available, we dont.
  • Kemi Adeloye Chinedu Chiefsan, you know I've always said that this govt lacks an articulate blueprint on anything let alone economic management.

    When a country produces products that are unaffordable to the citizenry, water will find its level. So many things have been banned in Nigeria but they are sufficiently around to make nonsense of the ban.

    How will the local plants succeed without the participation of the middle class?? ..The govt is erroneously believing that its own patronage of the local assembly plants will be sufficient to sustain them. ..How myopic a thought!

    When you strangulate the majority that constitutes the market; when you engage in financial profilgacies that deprives the system of the needed uplifment such than gainful employment is lost with it; such govt cannot be described in glowing terms.

    The govt has shot itself in the leg. It is totally bereft of sound ideas in every department of governance and just wasting national resources.

    Jonathan's govt is a big fraud on Nigeria and Nigerians.
  • Fada Peter Osuji Love the arguments. Brilliant Nigerians. Remain blessed
  • Saya-Braide Ebi Do we have a middle class in Nigeria????? Industrialization produces middle class. OBJ banned so many products, today we have many people into manufacturing. How many fruit juice manufacturing companies do we have now? At a time in Nigeria, water was imported in bottles, today we have so many bottle water companies. Instead of insulting the govt or speaking in a condescending manner, if you know better just tell us how we can revive manufacturing given the challenges we have already. Hatefilled thinking is not a sign of sophistication.
  • Saya-Braide Ebi I see, many are afraid the clueless one is actually transforming Nigeria hence their hatefilled comments.
  • Samuel Diminas Chinedu Chiefsan I don't even get the point u r making, referring to the power in the early 1900's are u referring to the invention of electricity or availability of power in a stable form as presently existing in the west? Because the context of ur argument is that Nigeria doesn't have stable electricity, not the total absence of power
  • Samuel Diminas Chinedu Chiefsan we need to get to work and stop dwelling on fallacious negativities. Dangote cement is blazing the trail and turning over billions, it is a very profitable manufacturing company, so also are thousands of companies.

    Innoson motors have been manufacturing cars for some time now and r very successful.

    Google his interviews, these r the people whose words on this issue should be reviewed for information.
  • Samuel Diminas When u consider the size and population of china in the 80's u would appreciate that the power situation in china and India was worse than nigeria's when they kick started the rejuvenation of their industrial revolution.

    (China and India had started car manufacturing as early as the 30's, their own industry followed an outright ban on importation for several decades)
  • Fada Peter Osuji We need to progress in Nigeria knowing fully well that progress in historical epoches were not born out of convenience. Progress inflicts momentary pains but eliminates long term pains.