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Nairaland Forum / Nairaland / General / Business / Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant (45494 Views)
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Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Nobody: 4:34pm On Aug 27, 2019 |
Reference:This is a very sound analysis from someone who clearly understands macroeconomics. |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by EazyMoh(m): 4:41pm On Aug 27, 2019 |
nedu2000:Don't mind them, they were only counting on government subsidy and patronage. 1 Like |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by gabbasin(m): 4:41pm On Aug 27, 2019 |
Nbote:the problem is from us, Nigerians. If government increase tariff on imported used vehicles to protect and encourage local production we will be the one to accuse govt of making cars unaffordable to us. Example is high tariff on rice importation by government, we condemn it and we want people to go into rice farming. |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Chukazu: 4:56pm On Aug 27, 2019 |
So long as Dangote is not involved you can be sure the federal government won't do anything to help, but the moment Dangote dives in the Auto business the government will relapse every other Law just to favor him... just to maintain him as "the richest man" |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Blakjewelry(m): 5:01pm On Aug 27, 2019 |
nedu2000:wrong maths, $50m should be around 18billion |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by grandstar(m): 5:01pm On Aug 27, 2019 |
$50m is at least N17Billion and not 1.7billion |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Blakjewelry(m): 5:05pm On Aug 27, 2019 |
miteolu:$50m, the maths is wrong it should be close to18 billion |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by nams77: 5:08pm On Aug 27, 2019 |
publicsensor:My friend shut up! It is comments like these that amazes me. The bottom line us creating more jobs and lifting homes,out of poverty, not whether he sings the praise of government or not. Do you know how many lives dangote is impacting directly or indirectly? Just imagine 100 or 1000 dangotes in Nigeria. Smh. Don't even bother to reply me as i will not honor u with a reply |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by osazsky(m): 5:08pm On Aug 27, 2019 |
gabbasin:so u must make life unbearable for us,how many tractors have ur govt bought to encourage local farming so that it can be cheap,is foreign rice not cheaper than local rice,America have more oil than us y are they buying from us |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by nams77: 5:10pm On Aug 27, 2019 |
Opexzy:Exactly my brother. We are doomed! |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by safetyInspector(m): 5:11pm On Aug 27, 2019 |
As an online miscreant that masturbates over Igbo issues I least expected you to know about it because he is not an Igbo man. ibkgab001: |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by IamCharles123: 5:12pm On Aug 27, 2019 |
miteolu:He invest 1.7 billion, thats not the cost of the plant |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by ArticleBeast: 5:22pm On Aug 27, 2019 |
miteolu:Have u seen 10 million in ur life? |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by voskia: 5:22pm On Aug 27, 2019 |
unfortunate .. the few that are ready to invest in our land cant break even |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by poweredcom(m): 5:38pm On Aug 27, 2019 |
Cherrybae: Are u alright can't u reason well before you post |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Damod88: 5:46pm On Aug 27, 2019 |
Reference: The first pre-conditions for auto industry is steel industry. We don't have functioning steel industry so it is going to be very difficult to build cars in Nigeria. Another problem is that the auto industry is already saturated making it difficult for new comers to compete. Europe and Asia are already in the lead with state of the art technology thereby making it difficult for other countries to survive. What I think we should do first is to have a functioning steel industry to start with. |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by tck2000(m): 5:55pm On Aug 27, 2019 |
nedu2000:True |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Damod88: 6:01pm On Aug 27, 2019 |
Chukazu: My brother business knows no tribe. That you are igbo doesn't mean Coscharis is going to share his money with you. All the money he makes is for himself and his family. All you need do is to work hard so that you too can make enough money for yourself and your family. For your information Dangote already has an assembly plant in Lagos. He assembles the Chinese truck brand, Howo. And if you know the shady deals Nigerian business people indulge in to short change the masses then you will not be talking like this. My advice for you is to educate your mind and begin to work toward building your own future. There's is nothing like tribe, it is you and your family. |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by sagacioustony: 6:03pm On Aug 27, 2019 |
How much is the salary of majority of Nigeria to afford new car. One who is still struggling to earn 100000 a month should come and buy a car of 5000000. That's a salary of almost 5 years na, please take your cry to politifanc 1 Like |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Enyimbamercedes: 6:13pm On Aug 27, 2019 |
If it was dangote who invested by now they'd ban forex to all car importers and ban imported cars on the road 1 Like |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Draxlerinc: 6:18pm On Aug 27, 2019 |
How many Nigerians can afford those cars in this APC economy. |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Draxlerinc: 6:21pm On Aug 27, 2019 |
Ok now |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Draxlerinc: 6:23pm On Aug 27, 2019 |
True |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Draxlerinc: 6:24pm On Aug 27, 2019 |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Draxlerinc: 6:25pm On Aug 27, 2019 |
Enyimbamercedes: So true |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by capitalzero: 6:27pm On Aug 27, 2019 |
autojosh: sorry, you should have invested in Ruga |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Chukazu: 6:29pm On Aug 27, 2019 |
Damod88: |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by miteolu(m): 6:37pm On Aug 27, 2019 |
Toscarel: I can feed your generations |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by Datingcomrade(f): 6:39pm On Aug 27, 2019 |
Gbengais:Nah copy and paste blogger |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by miteolu(m): 6:40pm On Aug 27, 2019 |
ArticleBeast: No insult, how many Toyota Prados can you get in 1.7b not to talk of other brands. Nation Assembly what to use N5billion to buy Toyota Prado for about 460members. Take your calculator or consult Ifa. |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by miteolu(m): 6:42pm On Aug 27, 2019 |
IamCharles123: No insult, how many Toyota Prados can you get in 1.7b not to talk of other brands. Nation Assembly what to use N5billion to buy Toyota Prado for about 460members. Take your calculator or consult Ifa. |
Re: Cosmas Maduka Coscharis Regrets Investing N1.7billion On Vehicle Assembly Plant by miteolu(m): 6:43pm On Aug 27, 2019 |
friendlyadvice: How many Toyota Prados can he gets with N1.7b not to talk of other brands. Nation Assembly what to use N5billion to buy Toyota Prado for about 460members. |
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