Wednesday, 4 November 2015
Abuja International Motor Fair
Abuja
International Motor Fair is a 9 day event being held from 28th October
to the 5th November 2015 at the Eagle Square in Abuja, Nigeria. This
event showcases products
like ; Nigeria is at a vantage position to sustain a viable automotive sector. Nigeria’s potential vehicle market is over a million annually with increasing capacity for more. Forecasts have it that the Nigerian market will soon become the major hub of automotive business in Africa and therefore a market any serious investor cannot ignore etc. in the Automotive industry.
like ; Nigeria is at a vantage position to sustain a viable automotive sector. Nigeria’s potential vehicle market is over a million annually with increasing capacity for more. Forecasts have it that the Nigerian market will soon become the major hub of automotive business in Africa and therefore a market any serious investor cannot ignore etc. in the Automotive industry.
Lagos Motor Show & Auto Parts Expo
Lagos
Motor Show & Auto Parts Expo is a 4 day event being held from 3rd
May to the 6th May 2015 at the Federal Palace Hotel in Lagos, Nigeria.
This event showcases products like commercial vehicles, commercial light
vehicles, , passenger cars, vehicle components, to that of automotive
spare parts associated with this field etc. in the Automotive, Hand,
Machine & Garden Tools, Plant, Machinery & Equipment industries.
Tuesday, 3 November 2015
Adopting Innoson as Nigeria’s auto brand
ALL
over the world countries are usually identified or associated with
brand names of the products they manufacture. This practice has been
long established in most industrialised countries, and many examples
abound.
For
instance, Germany is synonymous with Mercedes, Volkswagen BMW and other
hardware like Caterpillar. United States of America is notable as the
manufacturer of Ford, Chevrolet and airplanes (Boeing). United Kingdom
is known with Rolls Royce. Sweden has Volvo as its brand, while Peugeot
is the brand associated with France. Apart from automobiles, there are
numerous articles of trade or products that are promoted as brands for
different countries.
It
is worthy of note that these brands are not essentially official
products of the various countries, but the mere fact that they are
manufactured in those countries automatically the state provides all the
necessary support for the product to thrive within and outside the
country. In fact, as part of their strategic economic policy, commercial
attaches of various countries in foreign embassies are mandated to use
their paraphnelia of office to promote products manufactured in their
home countries.
Therefore,
in the spirit of the “change” agenda of President Muhammadu Buhari’s
administration, there is the need for the incoming ministers, mostly in
trade and investment, industry and foreign affairs to design a
co-ordinated blueprint that will enable their various ministries promote
indigenous brands like INNOSON vehicles abroad. To do this, it is
important that all necessary incentives are provided for the company to
grow to international brands like Ford, Mercedes, Volvo and Peugeot. We
must realise that INNOSON has made Nigeria proud as the first indigenous
automobile manufacturer which vehicles are being exported abroad
presently. As a nation, we can indeed utilise the INNOSON brand of
vehicles to dominate the West African sub region and this comes with
other multiplier effects.
There
is no gain saying that trade has become a tool in diplomacy. This is
even a historical fact if we remember the roles UAC and other
multi-national companies played in the years before and after
independence. It can therefore be said that the benefits derivable from
such partnership between state and her indigenous companies like INNOSON
are innumerable. While the company will repatriate foreign exchange to
the country from its sales abroad, the image of the country will also be
boosted as other countries will easily give credit to the country were
the products originated from. Also, government and the people will reap
from the numerous job opportunities that will result from the productive
activities of INNOSON.
The
need to urgently set machinery in motion towards realising this
objective of adopting INNOSON as Nigeria’s official auto brand cannot be
over emphasised. With our dwindling oil fortunes and the federal
government avowed commitment towards the diversification of the nation’s
economy, one sector that ought to be supported fully, apart from mining
and agriculture is the automotive industry. Apart from the direct jobs
this sector is capable of creating for our teeming youths, the
multiplier effects such as the supply of spare parts, rubber, plastics
and other ancillary industries will greatly impact on the nation’s
economy positively.
Additionally,
by kick starting and giving full support to companies like INNOSON,
Nigeria will position herself as an industrial hub in West Africa, and
the entire African continent as a whole. It is possible and all that is
required is a strong political will to achieve it.
There
is no doubt that our over reliance on oil as the major source of
revenue has retarded out progress, and put the nation’s economy at risk,
especially in the light of current global oil glut. The good news
however, is that as a nation we have companies like INNOSON that have
over the years invested billions of dollars in the nation despite
obvious challenges such as in epileptic power supply and lack of
adequate infrastructure.
This
approach goes to show that such investors have abiding faith in the
growth and development of the nation. It must be acknowledged that the
only way to sustain investors’ confidence in our economy is for
government at all levels to provide the enabling environment and
necessary incentives for companies such as INNOSON.
With
the huge number of unemployed graduates in the country, only a
boisterous private sector can help government curb the scourge of
unemployment. If we use INNOSON which has employed over 15,000 Nigerians
in their company as a barometer to gauge how impactful the private
sector will help the growth of the country’s economy, it immediately
demonstrates that if government support is increased, it will lead to
expansion on the part of the companies.
Therefore,
as the new ministers settle in, it is expected that they will
collectively help to fastrack the vision of President Buhari to lift
Nigeria from the abyss of unemployment, hunger and want by supporting
indigenous auto motor companies like INNOSON in their industrialisation
drive.
It
is gratifying that INNOSON has already expanded the frontiers of its
operations to other West African countries and the only way this can be
sustained is through government patronage.
In
fact, a policy should be enacted to make it mandatory for all
government ministries, departments and agencies to buy only made in
Nigeria vehicles, such as INNOSON. Once this is done, it will serve as
an elixir for them to redouble their efforts at factory expansion, and
this no doubt comes
with more openings for job opportunities.
It
must be clearly stated that government on its own cannot absorb the
army of unemployed youths in Nigeria, but once a synergy is established
with the private sector by providing unwavering support to such
indigenous companies like INNOSON, then the perennial problem of
unemployment will be adequately addressed.
source: vanguard Nigeria
Monday, 2 November 2015
Auto Stunt By Richmond .A.O
AUTO DRIFT BY RICHMOND OKAFOR
Abuja International Motor Fair
Abuja International Motor Fair
With
the largest economy in Africa; 7th most populous economy in the world;
growing middle class of over 38 million; a paradigm shift in policy and
more; Nigeria is at a vantage position to sustain a viable automotive
sector. Nigeria’s potential vehicle market is over a million annually
with increasing capacity for more. Forecasts have it that the Nigerian
market will soon become the major hub of automotive business in Africa
and therefore a market any serious investor cannot ignore.
The Abuja International Motor Fair which having its 17th edition
this year has always remained a major platform to position participants and other stakeholders to access and harness the abundant potentials of the growing and viable Nigerian Automotive sector.
The uniqueness of this awards winning auto show include:
Being
the highest strategic business platform where the largest variety of
automotive products and services are showcased in Sub-Saharan Africa.
Holding the record of being the most consistent and fastest growing auto show in Nigeria
Consistently
providing high level business opportunities for participants by
positioning them to adequately benefit from the numerous opportunities
and potentials of trade and business expansions that abound in Africa’s
largest economy.
Benefit:
Participating in Abuja International Motor Fair gives participants the opportunity to:
Increase sales and market shares
Establish and or consolidate presence in Africa’s largest automotive market
Showcase products and services to high quality targets
Network and receive feedbacks on consumers’ appreciation of their brands and also monitor competitors and many more
Participants:
Expected
to participate in the Fair include: Manufacturers, Dealers and Brand
Representatives of: Automobile, Spare Parts, Accessories, Lubricants,
Financials, Security, Allied sectors products and services from all over
the world; Ministries, Departments and Agencies that operate in the
sector.
source:http://www.bkgexhibitions.com/events/amf.html
Sunday, 1 November 2015
Fear of Buhari’ teams rich, powerful Nigerians
Business
is slow at the moment for Benedict Okafor, who sells luxury cars from a
lot near the port in Nigeria’s financial capital, Lagos.
In
the capital, Abuja, 535 kilometres (333 miles) away, the property
market seems to be in a rut, with the habitual buyers — the monied elite
— staying away.
“I
normally sold five cars every month before” President Muhammadu Buhari
came to power, said Okafor. “But in the past four months I have sold
only one Toyota car.
“I guess rich people are scared.”
Jide
Agboola, a real estate agent in Abuja, also attributed the current
slump in conspicuous consumption to fear: “The fear of Buhari.”
It’s
not hard to see why when Buhari’s promised crusade against high-level
corruption has already snared a series of household names.
Senate
leader Bukola Saraki — Nigeria’s third-most senior politician after
Buhari and his vice-president Yemi Osinbajo — is facing charges of false
declaration of assets.
Godswill
Akpabio, the former governor of coastal Akwa Ibom state, was hauled in
for questioning over claims he had stolen 108 billion naira ($540
million, 475 million euros) while in office.
Sule
Lamido, the governor of Jigawa state in the north, and Gabriel Suswam,
who was governor of Benue state until earlier this year, are also
fighting accusations of graft.
At
the same time, former oil minister Diezani Alison-Madueke, was arrested
in London as part of a British investigation into suspected bribery and
money laundering.
– Stopping the rot –
Buhari’s
arrival in May appears to have given fresh bite to the fight against
corruption, which has plagued Nigeria over decades of military rule then
civilian administration.
Cases
involving top officials that were long thought to have been shelved
have been revived, as he seeks to fulfil his election promises of
stopping the rot in the system.
“As
soon as he (Buhari) came to power, without any direct instruction from
him, the anti-graft agencies went into a frenzy, dusting down cases of
corruption against some past officials which have been long dead in
order to convince Nigerians that they are working,” Debo Adeniran, head
of the pressure group Coalition Against Corrupt Leaders, told AFP.
The
move was predictable for many: Buhari’s previous time in power as the
head of a military regime in the 1980s was characterised by his
so-called “War Against Indiscipline”.
“Everybody
remembers Buhari’s antecedents when he was a military dictator,” said
Bukola Daniel, a Lagos-based political scientist.
“He
was a no-nonsense military ruler. The fear of Buhari is now
all-pervading and everybody is careful not to be caught in a corruption
web.”
– Witch-hunt? –
Nigeria’s main opposition Peoples Democratic Party (PDP), however, is crying double standards.
They
point out that the former governors of Lagos and Rivers states,
Babatunde Fashola and Rotimi Amaechi, have both been accused of graft
but are still in line for ministerial posts.
Instead,
the PDP described the anti-corruption drive as a “witch-hunt” against
its members and other “perceived political opponents” of Buhari’s All
Progressives Congress (APC) government.
Party spokesman Olisa Metuh denounced what he described as “the relentless victimisation of our key members”.
The APC dismissed the claim as a “worn-out argument”.
Certainly,
Alison-Madueke’s arrest in particular has underlined to Nigeria’s elite
that it’s no longer business as usual — even if Abuja has denied any
direct involvement.
But Adeniran and others said Buhari needed to go further to avoid accusations of posturing.
Clement
Nwankwo, head of the Policy and Legal Advocacy Centre, a pro-democracy
group, said securing convictions would prove the situation was not just
“rhetoric”.
“The challenge to corruption has to be systematic. That I have not seen,” he said.
“We
also cannot fight corruption with the judiciary we have today,” he
added, explaining the courts were ill-equipped to deal with corruption
cases.
– ‘A few more Buharis’ –
For now, there is a sense that rich and powerful Nigerians — so long accustomed to impunity — are on their best behaviour.
How
long it will last is unclear but social commentator and university
lecturer Samson Olatunde Oduleye said Buhari’s influence could be
decisive.
“If
we have a few more Buharis and emphasis shifts to the root of the
problem — the society — inroads can be made into a sustainable assault
on the malaise,” he said.
“The most effective, non-legal check on corruption is the moral tone of society: societal values.
Thursday, 1 October 2015
10 Popular Nigerian Celebrities And Their Cars
1. Wizkid

Star
Boy artiste, Ayodeji Balogun Ibrahim better known as Wizkid got himself
an early New Year’s present this year in the form of a Bentley
Continental which cost him a whooping 45 million Naira. It is a sleek
ride with super-luxury premium two doors offered as a coupe or
convertible with an extensive range of drive-trains and performance
levels.

Wizkid has also got a Porsche Panamera S and plenty others...
2. Davido


This self proclaimed OBO is one crazy fanatic of cars and he recently got himself a new toy in the form of a Porshe Turbo S...
3. Jim Iyke

Nollywood
actor Jim Iyke might have dreamt of being an F1 racer when he was a kid
because the talented ‘bad boy’ has got a Plymouth Prowler Convertible
with a top speed of 118 mph (180 km/h)!!! ....
4. Peter Okoye

Peter Okoye has got a super sexy 2014 Bentley Continental GT which can go up to 200-mph.

02:04
Unknown









