'President Buhari Intend To Bring Hyundai Automobile To Frustrate Innoson Motors' - Nigerians

Date: 20-12-2019 12:48 pm (4 years ago) | Author: CLARA JANCITA
- at 20-12-2019 12:48 PM (4 years ago)
(f)


Nigerians slammed Buhari for showing support for Hyundai's plan to establish an automobile manufacturing plant in Nigeria, with claims that the move is at the detriment of Innoson.

President Muhammadu Buhari is under fire for endorsing Hyundai Engineering Company Limited's plan to establish a manufacturing plant in Nigeria.

Buhari had announced that the President/CEO of Hyundai Engineering Company Limited, Chang Hag Kim visited the State House in Abuja, to put forward a proposal to set up a vehicle manufacturing plant in the country.

While announcing the visit, the president stated "I pledged the full collaboration and support of the Federal Government to make this planned investment a reality."

The president's announcement has however attracted wild reactions from Nigerians, who said that Buhari's commitment to the promotion of the country's local industry is questionable.

According to Some Nigerians, the presidency has since been belittling Innoson Vehicle Manufacturing Co. Ltd. (IVM), a Nigerian automobile and bus manufacturing company, which was founded by Innocent Chukwuma Nwala.

Posted: at 20-12-2019 12:48 PM (4 years ago) | Hero
- olowoinlionsden at 20-12-2019 01:16 PM (4 years ago)
(m)
Methinks President Buhari has taken into consideration the self sufficiency of Hyundai Motirs when it comes to automobile production. The amount Innoissin Motors might require as assistance from the Government might turn out to be an albatross for the local consumers at the end of the day.
Posted: at 20-12-2019 01:16 PM (4 years ago) | Gistmaniac
Reply
- kaposky at 20-12-2019 02:11 PM (4 years ago)
(m)
USELESS,SENSELESS, IMBECILIC AND CLUELESS PRESIDENT
Posted: at 20-12-2019 02:11 PM (4 years ago) | Gistmaniac
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- SweetDaddy1 at 20-12-2019 03:36 PM (4 years ago)
(m)
Nigerians are the ones frustrating innoson motors by not buying made in Nigeria products.
Posted: at 20-12-2019 03:36 PM (4 years ago) | Gistmaniac
Reply
- Patode at 20-12-2019 04:39 PM (4 years ago)
(m)
This is called competition. The more the merrier. It will create more employment and price reduction.
Posted: at 20-12-2019 04:39 PM (4 years ago) | Upcoming
Reply
- Boi2Man at 20-12-2019 10:42 PM (4 years ago)
(m)
Is that how you want to promote self-sufficiency in  Nigeria? Haba jubril , you want to make me believe that you are truly a clone of PMB
Posted: at 20-12-2019 10:42 PM (4 years ago) | Gistmaniac
Reply
- FloxyB at 20-12-2019 11:51 PM (4 years ago)
(m)
Quote from: Patode on 20-12-2019 04:39 PM
This is called competition. The more the merrier. It will create more employment and price reduction.

Gbam! You are one of the sensible people out here.
Posted: at 20-12-2019 11:51 PM (4 years ago) | Upcoming
Reply
- widowsson at 21-12-2019 06:11 AM (4 years ago)
(m)
Quote from: FloxyB on 20-12-2019 11:51 PM
Gbam! You are one of the sensible people out here.
You are the most foolish people I have ever seen on planet earth. When Ibeto cement license was withdrawn just to favour  Dangote,  non of you people  made any comment. Why didn't  you people  come out to shout competition. Now the same Government that says encourage made in Nigeria product, is the same Government that is encouraging foreign product. Your hatred and envy towards Ndi can only make them to be 100 times  more successful than the rest of other tribe. Lastly, go and mark my words, Hyundai motor company will swiftly in Nigeria.
Posted: at 21-12-2019 06:11 AM (4 years ago) | Upcoming
Reply
- elda_emmy at 21-12-2019 08:49 AM (4 years ago)
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A product manufactured in Nigeria either by wholly owned Nigeria company or expatriates are classified as Made in Nigeria. Don't get yourself confused....monopoly doesn't help any economy. We once had Peugeot, Toyota and other vehicles assembly plants in Nigeria. They left because of poor power supply. Mind you a vehicle assembled in Nigeria will be way cheaper than the onces assembled in other countries and imported into Nigeria market.
Posted: at 21-12-2019 08:49 AM (4 years ago) | Newbie
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