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Nairaland Forum / Nairaland / General / Car Talk / Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades (18680 Views)
Mercedes-Benz Announces New Sales Record For October 2019. / New Vehicle Sales Drop 48% In Q3 / Nigeria’s New Vehicle Sales Drops To Abysmal 10,000 Units (2) (3) (4)
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Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by dembularrr: 4:25pm On May 12, 2017 |
MetaHuman: Oga no vex eh. Try running a business here in Nigeria... 2 Likes |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by Nobody: 5:05pm On May 12, 2017 |
dembularrr:I'm running a business in nigeria |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by dembularrr: 6:25pm On May 12, 2017 |
MetaHuman: I am not talking of online ponzi p2p schemes. 3 Likes |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by Nobody: 6:42pm On May 12, 2017 |
dembularrr:and did you see me sell online ponzi scheme? |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by GeneralOjukwu: 7:04pm On May 12, 2017 |
MetaHuman: Best comment here by far. |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by GeneralOjukwu: 7:18pm On May 12, 2017 |
SalamRushdie: nice analysis but what do you suggest should be done? if they don't eventually do local assembly they would lose long term. you made excellent points |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by SalamRushdie: 7:33pm On May 12, 2017 |
GeneralOjukwu: We must remember yhese assemblers were using revenues from their import business to service what ever creditor facility phase they were on before the the the inflation set dropping middle class demands for their cars ..The Buhari govt got it wrong from the onset in its protectionist game (mind you I am die hard supporter of Adams Smiths theory of Comparative Advantage) they should have allowed Importers to naturally eliminate themselves through healthy competition that would see them end up setting up yheir own assembly plants as a result of thorough competition (Refer to Onnoson motocycle wars) ...Now that oportunity has been lost so the pmlyvoption left is for govt yo shift ground by granting 100 percent 6 years tax holiday on profits and knock down components to anyone who sets up a standard assembly plant...The govt must also mandate the BOI to provide cheaper loans to such people in that 5 years ...From ther watch how that industry will bloom 2 Likes |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by GeneralOjukwu: 8:29pm On May 12, 2017 |
SalamRushdie: This is great analysis. Please what was your first degree? I see some flaws, but still i learnt a lot from your post. |
Re: Toyota Boss Laments Nigeria’s Lowest Vehicle Sales Record In Decades by SalamRushdie: 8:45pm On May 12, 2017 |
GeneralOjukwu: Accounting but i have been into innovative Business development for four years ..That serial entrepreneur thing |
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