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Nairaland Forum / Nairaland / General / Car Talk / New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 (39220 Views)
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Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by eaglechild: 12:37pm On Dec 31, 2014 |
MissMeiya:You are very uncouth for a female. You do not need to use swear words as it betrays one's upbringing. You have zilch knowledge of economics, already IVM, Nissan, Hyundai, Kia, ANAMCO and Peugeot are producing cars, Toyota, BMW, etc are about joining and you still choose to live in denial. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by asids55: 12:40pm On Dec 31, 2014 |
a policy coming in without an enabling environment to produce those locally made cars...Jonathan should have worked on electricity first before any fucking policy can come in place..a good policy but wrong timing. . 2 Likes |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Nobody: 12:40pm On Dec 31, 2014 |
eaglechild: If you don't want to be offended, don't interrupt when adults are talking. 2 Likes |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by eaglechild: 12:41pm On Dec 31, 2014 |
Montaque: Thanks for the education. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by eaglechild: 12:42pm On Dec 31, 2014 |
MissMeiya: Not offended just giving you helpful advice. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by duni04(m): 12:43pm On Dec 31, 2014 |
With the recent slide in the value of the naira and currency controls in place, Importers will think twice before placing orders for foreign made cars. Its actually the perfect time to push forward the automotive policy. I forsee a paradigm shift in vehicle acquisition next year, from foreign made to locally fabricated. The only obstacles are customs corruption and a spike in cross border smuggling, especially from Cotonou. And then these locally assembled vehicles rely on parts imported from outside the country. Our locally made cars will obviously be more expensive to make now that the value of the naira has plummeted. Except the government is planning a relief fund for the vehicle makers to cushion the effects of the nairas fall, they will transfer the cost to the buyers. So in the end, foreign made cars may end up being cheaper than Nigerian fabricated ones. 3 Likes |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Orikinla(m): 12:47pm On Dec 31, 2014 |
jingh: There are made in Nigeria cars you can afford. And they will last longer than the "Tokunbo" cars and SUVs. You will end up spending more money to all fix "Tokunbo" cars and enough to buy a new car from INNOSON.
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Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by megacool360(m): 12:52pm On Dec 31, 2014 |
lekside071: lekside071, be stable and make your point. Your are swaying the focus here. Are you interested in giving your critique on the policy or are you campaigning for "vote out GEJ". Who is going to buy the cars? (Who has been buying the tukumbos?) With what resources? (With what resources have the tukumbos been bought?) Where are the jobs? (With what jobs have these tukumbos always been bought?) And you can't even see that stifling these importations to a greater degree will enhance more demand of the made in Nigeria cars simultaneously entailing increase in productivity quantity to match demands and as such requiring more hands on deck (alas employments)? Sentiments will never allow most see anything good in someone they ain't giving their supports. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by jingh(f): 1:00pm On Dec 31, 2014 |
Orikinla:u don buy innoson b4 |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by isick(m): 1:12pm On Dec 31, 2014 |
buoye1:happy birthday birthdaymate |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Nobody: 1:15pm On Dec 31, 2014 |
duni04: I'm proud to say I'm your follower. 1 Like |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by ikweremilitant: 1:15pm On Dec 31, 2014 |
mcgboye:mr apc agent of destruction.we can see that u and ur pay masters are as clueles as an mbecile.so tinubu told u lots that d assembld cars in nija by nissan,peugout,volkswagen,innosons are nt motorable compare to 2nd hand junks frm abroad? Tel ur oga to give u a milion naira we have made in nija sedan cars at dat price mr agent of destruction. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by isick(m): 1:17pm On Dec 31, 2014 |
megacool360:most sensible post, I have seen today. 2000 tuale for you |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Olufemiolaolu(m): 1:23pm On Dec 31, 2014 |
alexitohan2020:Where is d Electricity 2 power d so called local car production? It boils down 2 one thing i.e increase in cost of production because of cost of fuel 2 power their ever reliable Generators and it ll be added 2 cost price of d car produced. This is a simple logic ok 1 Like |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by fbridget34: 1:27pm On Dec 31, 2014 |
Naija is going out of hand oooooo! The problem with our leaders is sincerity, their sincerity in power is questionable?? This increase in duty by 70% huh! Will surely increase the number of "Tokunbo" car smugglers. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Olufemiolaolu(m): 1:27pm On Dec 31, 2014 |
kennaustine:Local production without stable electricity. Generators driven local car production right? Dream on man 2 Likes |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by demandtruth: 1:49pm On Dec 31, 2014 |
kennaustine: Your interpretation of economics, as regards this topic, is basically emotional, lacks basics and full of political sentiments. Yes, the move is very good but lacks targeted layers of economics indicator in a competitive global market. The typical pattern of a diversifying economy must address and first focus on good economics indicatives; which is the foundation of basic infrastructures such as: power and road. Nigeria automotive industry, as it stands and designed, lacks engineering leverage and financial instruments (there's not a bank in 9ja that will make loan available, competitively; say 7% to make car purchase) In other to survive, the future must be understood not in conflict with the people and culture. This industry will not create jobs because its robotic in nature. What is needed is to locate where wealth opportunity exists and not jump into a bandwagon. What you have as 1.5m is cheap. Cheap in the sense that its assembling procedures fail to address safety which is the most important aspect in autocar. Nevertheless, our fearlessness to succeed, which is what this is, on the foundation of innovation which in itself is the concept of control to create wealth opportunity; not necessarily on a quest of car assemblage. When we address policies purely on it's merit and not on political premise, interest and intrigues; but purely on advancing technology, risk-taking and people focus, then the nation wills to succeed will logically land us in Eldorado. 2 Likes |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Nobody: 1:53pm On Dec 31, 2014 |
Collynzo22: Just hear u talk. It is nt by force to own a car. It provocative statement like this dat makes d country fall apart. It better to keep quiet than talk carelessly. 1 Like |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Nobody: 1:55pm On Dec 31, 2014 |
demandtruth: Do me a favor and drop your email here, please? Need people like you. https://docs.google.com/forms/d/1n61hnVoHieq2e8hgyAyG-h22hwtH5uUGhkL4JQiPAAs/viewform |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by oleeee(m): 2:04pm On Dec 31, 2014 |
2scorehigh:yes o |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by buoye1(m): 2:10pm On Dec 31, 2014 |
isick:wow!gud to know....wish a hbd too dude |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by emmyz09(m): 2:12pm On Dec 31, 2014 |
kennaustine: 1.5m how many ppl can afford it? also the common man on the street cannot hope for 3 meals per day yet u want to sell him a car for 1.5m. i agree on the point at hand but how many of these cars are been used by the Nigerian govt as we speak? were u not here when a minister bought 2cars for 255m? how many political office holders drive made in Nigeria? be thinking of the common man not set a standard that is higher than u can handle |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Collynzo22: 2:12pm On Dec 31, 2014 |
keyman0007:It is not by force to own a car. If you can get a brand new one or pay the extra charges 2nd hand, use a taxi or get a bicycle. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by ekuleku(m): 2:19pm On Dec 31, 2014 |
It is a good idea all together to encourage local industries. We can't rely on importation all our life, Nigeria is blessed with so many talents. Just hope it is well implemented because increase in import duties on Tukubo cars without a corresponding increase in local manufacturing wld amount to gross corruption. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by clemz88(m): 2:43pm On Dec 31, 2014 |
megacool360:God forbid that I vote buhari or support him. Dislike him. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Ultimate001: 2:49pm On Dec 31, 2014 |
mcgboye:see, dis our generation should be quite different. Reason plainly and let ur judgements be sentiment-free. Hatred so blindfolds people that even smtin good happens, they will still despise it. This is nt one of those times u will b condemning Jonathan-led administration. Now that cars are being assembled or prosuced in Nigeria, how do we divert people's attention to it rada than long-stayed tokunbo (second-hand)? Tactics now comes in. Import duties (i.e taxes) on tokunbos will b increased wc will in turn lead to the increase in cost price, all in a bid to discourage d patronage by Nigerians so as to embrace our own. If u studied ur O'level Economics well, u would understand wat I'm saying. Pls vote for the PDP; Jonathan, come 2015. Everyone is shouting 'change'; change is not always good and desirable. Mind u, a shift from fiscal Federalism and welfarism to fundamentalism is still a change, isn't it. Nigerian should not be naive and later have themselves blamed. Embrace the current President, it's not as if he's below par ( in Prof. Wole Soyinka's voice). |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Jonnie2time: 2:50pm On Dec 31, 2014 |
No need 4 long talk except dat there is the need for the needful come #2015 |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by sweetgala(m): 3:05pm On Dec 31, 2014 |
Tinubu: Great idea if it's well planned and organised . We have innoson that can develop into a force and they need to grow , the government needs to patronise them likewise citizens . A government grant loan system can be of help. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by ba7man(m): 3:22pm On Dec 31, 2014 |
Collynzo22:I've seen your pix before, you don't look like someone that can afford a tokunbo car, let alone a brand new one.......or even pay for a cab. @Topic. You wish to encourage the purchase of locally made brand new cars?? Discourage importation of Brand new cars.....simple. But no, these fools in FG discourage the importation of used cars included, purchased by people that couldn't even afford a brand new one in the first place. |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Fhemmmy: 3:25pm On Dec 31, 2014 |
duni04: Let us assume that the policy is great and again, please note my choice of word "ASSUME" . . . . Is Mack and Volvo and other Truck companies moving to Nigeria anytime soon to produce dump trucks or why the increase in tariff on such as well. Last year, i cleared a Mack truck at a cost of only 250K Naira, and 2 weeks again, i clear same at 550K Naira. Now tell me, how do we develop without those kinda trucks? How do we develop when all the money is going into a pocket that we MIGHT never see the effect of it? I am not too much against the policy, but the problem is, it is not done right and the timing is horrible. 2 Likes |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by gbodimowo(m): 3:29pm On Dec 31, 2014 |
mcgboye: They have |
Re: New Year Gift From Govt : Tokunbo Cars To Cost More From January 1 by Fhemmmy: 3:32pm On Dec 31, 2014 |
megacool360: How many of those companies already build the factory where the rides will be made or where they will be assembled? So why not wait till production has started before the policy . . . . If they are so confident in what they are doing, leave people with choices of either buy "Made in Nigeria" brand new or used that are imported . . . . . America produces and assembles and yet people still import rides there . . . Canada do same, so why do we have to force people to use ONLY "Made in Nigeria" A nation where Quality is lacking as long as money exchange hands, will you trust the testing to be done well, if AT ALL? 3 Likes |
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