eternityk:

Lol we talking boats
This one is talking about ambulance

You can produce boats and air Force 1 for Donald Trump if you so wish.
The truth is, innoson produces mostly civilian vehicles and they are doing so well at it.The sky is their limit.All these hate from your tribe is making the vehicles more desirable to others.

TundeBricklayer:

Proforce isn't an indigenous company

What if it’s not? What’s the argument and acrimony about? Are we this cursed and mentally unstable? Can’t you all see good in another man’s effort??

What’s the fight all about?

Wickedtruths:


See this one.

In this life, I would only ride Benz and Lexus and you would continue riding that Innoson.

Onitsha Market is the largest market in Africa based on geographical size and volume of goods.[1] It is based in the city of Onitsha, the commercial capital of Anambra State in southeastern Nigeria and governed by one of the most revered traders associations on the continent, the Onitsha Market Traders Association (OMATA). Most of the major import merchants from Eastern Nigeria have their head offices within the market. The average traders in the area are known to bring in at least six consignments of 40 tonnes (40-feet containers) of goods annually. Some of the major importers do more than 200 consignments of 40 tonnes of goods per year. These include jewelry, clothing, household, industrial and office equipment.

It is bounded by the River Niger to the West and Fegge through Osumaru Road from the East. The market is secured by the Onitsha Main Market Vigilante Services working under the auspices of the Nigeria Police Force. The market can rightfully be described as the commercial power house of West Africa. It is massively patronized by merchants in the ECOWAS sub-region including Accra, Abidjan, Douala, Niamey and Cotonou and various other parts of the continent, to mention a few.

You can find virtually anything and everything in Onitsha main market, every section of the market crawls with activities, even though Onitsha main market has good security it is not immune to crime as lots of pick-pockets and swindlers roam around looking for an unsuspecting victim. If you as a buyer is not careful enough you'd lose more than you can actually afford over there in the market.

[quote author=Wickedtruths post=83040788][/quote]

Wow

Unbiased1:


Lol. The TundeBricklayer just damaged you.
The Chinese workers in Innoson are there to train the Nigerian workers. Innoson started with 65 skilled Chinese workers and over the years the number has deceased to 15 because the Nigerian workers are taking over gradually.

I will show u pictures of rebadged chinese vehicles innoson is making
Wait,let me go bring it

MoneyMan5:


They are all Yoruba company because it is being manage and control by Yoruba

You are just exposing your bitterness lol

They are not I will show you prove

Is LADOL truly a Nigerian company?

Even with the signing of the Nigerian Oil and Industry Content Development (NOGICD) Act of 2010, many Nigerian investors still exploit the old loopholes in the system to take advantage of this law.

Many Nigerians still parade foreign-owned companies as local entities to take advantage of the opportunities provided by the NOGICD Act at the detriment of the Nigerian economy.

LADOL, for instance, prides itself as a local company and is reaping the huge benefits that accrue to local companies in Nigeria but its shareholding structure appears to question this claim.

It is not an offence for foreign companies to operate in Nigeria.

After all, President Muhammadu Buhari has travelled all over the world to woo foreign investors to come into Nigeria and harness the investment opportunities his administration has created.

Also, the Vice President, Professor Yemi Osinbajo, has also made tremendous efforts to improve Nigeria’s ranking in the World Bank’s Ease of Doing Business to attract foreign companies.

Buhari and Osinbajo’s efforts have paid off by attracting many foreign companies and investments since 2015.

All these investments by foreign companies operating in Nigeria have provided employment for Nigerians and helped to grow the Nigerian economy.

The Nigerian government has also provided benefits for these foreign companies to thrive.

But it is worrisome when some foreign-owned companies parade themselves as local companies because they shortchange both the Nigerian economy and truly Nigerian companies.

Foreign-owned companies, which should enjoy the benefits provided by the Nigerian government for foreign companies have claimed to be local companies to enjoy the benefits in the NOGICD Act.

A peep into the shareholding structure of LADOL, for instance, reveals that the ownership is foreign-dominated because this conglomerate, which claims to be a bona fide Nigerian company, has its substantial 84 per cent shares held by foreign companies.

The two foreign companies that own the 84 per cent stake in LADOL are Sable Offshore Investment Limited, registered in British Virgin Island, and Alsba Ventures, also registered in the British Virgin Island.

While Sable Offshore Investment Limited has 53 per cent stake in LADOL, Alsba Ventures Group has 31 per cent.

When two foreign companies establish a company in Nigeria, the company can be rightly regarded as a foreign company.

So, substantially, and legally too, it can be argued that LADOL is a British Virgin Island company and not a Nigerian indigenous company because it is owned by entities registered in British Virgin island.

If British Virgin Island companies owned by Nigerians establish a company in Nigeria, the company is not a truly Nigerian company because it is owned by foreign companies.

When Nigerians establish companies in British Virgin Island and use these companies to set up a company in Nigeria, their motive becomes questionable and suspicious.

The question is: Why did they not set up the company in Nigeria instead of setting up companies in foreign countries and using these foreign companies to set up a company in Nigeria? What is their motive?

What are they trying to dodge? Which rules are they trying to circumvent?

It is also well known all over the world that British Virgin Island is a tax haven where companies do not pay tax.

These companies are shell companies and regulators and anti-corruption agencies in most countries have had cause to probe the business activities of these companies.

Despite this obviously foreign ownership structure, LADOL is one of the greatest beneficiaries of the opportunities provided in the NOGICD Act.

Indeed, the company has benefited enormously from the local content policy in the oil and gas sector.

The opportunities and benefits LADOL have enjoyed are clearly meant for Nigerian companies. But is it truly a Nigerian company?

Many people have called on the government regulators to probe the ownership structure of LADOL to ascertain if it is truly a Nigerian company.

The earlier this is done the better for the Nigerian economy.

TundeBricklayer:

Proforce isn't an indigenous company

Yes na
It is an international company just like Onitsha is an international market.

cindyspice:

You can produce boats and air Force 1 for Donald Trump if you so wish.
The truth is, innoson produces mostly civilian vehicles and they are doing so well at it.The sky is their limit.All these hate from your tribe is making the vehicles more desirable to others.

Lie not everyone can afford it
Even the rich prefer foreign one's.....

Wickedtruths:
Hope you guys know that the owner of Innoson doesn't use the vehicles he produces.

If you like, go and endanger your lives because you want to be using made in Nigeria.

Have you seen the Governor of Anambra use Innoson as his official car?

Can't you just keep mute if you don't have anything to say? Who told you Innoson doesn't use his vehicle? must you lie just to paint people bad? BTW how many road accident have you seen involving Innoson motors? Compare it it to your so called Strong vehicles. which motor no de get accident? abeg shift.

KosiGee:


What if it’s not? What’s the argument and acrimony about? Are we this cursed and mentally unstable? Can’t you all see good in another man’s effort??

What’s the fight all about?

Your brothers started the war yesterday

Try to get good information http://technically.ng/

Wickedtruths:


See this one.

In this life, I would only ride Benz and Lexus and you would continue riding that Innoson.

. In this life, you would only ride tokunbo accidented Benz and Lexus..

While me.... Will be cruising in my brand new tear rubber innoson SUV. I like that alot.

TundeBricklayer:


They are not I will show you prove

Is LADOL truly a Nigerian company?

Even with the signing of the Nigerian Oil and Industry Content Development (NOGICD) Act of 2010, many Nigerian investors still exploit the old loopholes in the system to take advantage of this law.

Many Nigerians still parade foreign-owned companies as local entities to take advantage of the opportunities provided by the NOGICD Act at the detriment of the Nigerian economy.

LADOL, for instance, prides itself as a local company and is reaping the huge benefits that accrue to local companies in Nigeria but its shareholding structure appears to question this claim.

It is not an offence for foreign companies to operate in Nigeria.

After all, President Muhammadu Buhari has travelled all over the world to woo foreign investors to come into Nigeria and harness the investment opportunities his administration has created.

Also, the Vice President, Professor Yemi Osinbajo, has also made tremendous efforts to improve Nigeria’s ranking in the World Bank’s Ease of Doing Business to attract foreign companies.

Buhari and Osinbajo’s efforts have paid off by attracting many foreign companies and investments since 2015.

All these investments by foreign companies operating in Nigeria have provided employment for Nigerians and helped to grow the Nigerian economy.

The Nigerian government has also provided benefits for these foreign companies to thrive.

But it is worrisome when some foreign-owned companies parade themselves as local companies because they shortchange both the Nigerian economy and truly Nigerian companies.

Foreign-owned companies, which should enjoy the benefits provided by the Nigerian government for foreign companies have claimed to be local companies to enjoy the benefits in the NOGICD Act.

A peep into the shareholding structure of LADOL, for instance, reveals that the ownership is foreign-dominated because this conglomerate, which claims to be a bona fide Nigerian company, has its substantial 84 per cent shares held by foreign companies.

The two foreign companies that own the 84 per cent stake in LADOL are Sable Offshore Investment Limited, registered in British Virgin Island, and Alsba Ventures, also registered in the British Virgin Island.

While Sable Offshore Investment Limited has 53 per cent stake in LADOL, Alsba Ventures Group has 31 per cent.

When two foreign companies establish a company in Nigeria, the company can be rightly regarded as a foreign company.

So, substantially, and legally too, it can be argued that LADOL is a British Virgin Island company and not a Nigerian indigenous company because it is owned by entities registered in British Virgin island.

If British Virgin Island companies owned by Nigerians establish a company in Nigeria, the company is not a truly Nigerian company because it is owned by foreign companies.

When Nigerians establish companies in British Virgin Island and use these companies to set up a company in Nigeria, their motive becomes questionable and suspicious.

The question is: Why did they not set up the company in Nigeria instead of setting up companies in foreign countries and using these foreign companies to set up a company in Nigeria? What is their motive?

What are they trying to dodge? Which rules are they trying to circumvent?

It is also well known all over the world that British Virgin Island is a tax haven where companies do not pay tax.

These companies are shell companies and regulators and anti-corruption agencies in most countries have had cause to probe the business activities of these companies.

Despite this obviously foreign ownership structure, LADOL is one of the greatest beneficiaries of the opportunities provided in the NOGICD Act.

Indeed, the company has benefited enormously from the local content policy in the oil and gas sector.

The opportunities and benefits LADOL have enjoyed are clearly meant for Nigerian companies. But is it truly a Nigerian company?

Many people have called on the government regulators to probe the ownership structure of LADOL to ascertain if it is truly a Nigerian company.

The earlier this is done the better for the Nigerian economy.

All this rant won't get to the Yoruba owner
All your epistle will not leave nairaland

Soso990240:
Can't you just keep mute if you don't have anything to say? Who told you Innoson doesn't use his vehicle? must you lie just to paint people bad? BTW how many road accident have you seen involving Innoson motors? Compare it it to your so called Strong vehicles. which motor no de get accident? abeg shift.

See what Ugama Hiace is doing?
Don't worry. Una eyes go soon clear.

TundeBricklayer:

Majority knows how Innoson started even your brother Obasanjo tried to frustrate him with Custom, thank God for Goodluck Jonathan


Dr. Innocent Chukwuma, Chairman of Innoson Vehicles Manufacturing Co. Ltd, the first indigenous vehicle manufacturing plant in Nigeria was born in 1961 in Umudim, Nnewi, Anambra. He is the last of six children born to Mr. and Mrs. Chukwuma Mojekwu of Uru-Umudim Nnewi, Anambra State. After his education, he started trading in spare parts under the name Innoson Nigeria Ltd in 1981. His company is third after Leventis and Boulos Enterprises in assembling branded motorcycles in the country.


His business has metamorphosed into four manufacturing companies namely: Innoson Nigeria Limited Nnewi, manufacturers of motorcycles, tri-cycles, spare parts and accessories; Innoson Tech. & Industries Co. Ltd Enugu, manufacturers of Household and Industrial Plastics, Health & Safety accessories, Storage containers, Fixtures & Fittings, Electrical components & accessories; Innoson Vehicle Manufacturing (IVM) Nnewi, manufacturers of Capacity City bus, Mini & Midi buses, Pick-Up trucks and Garbage Collecting vehicles; General Tyres & Tubes Co. Ltd Enugu, manufacturers of Tyres and Tubes.
The vehicles in IVM fleet range from cars, trucks, SUVs, compactors, etc . Presently, the company has made in-road into some African countries such as Ghana, Sierra Leone, Chad, Niger, Togo.
As the first indigenous motor manufacturing company in Nigeria, he says he wanted to prove that Nigerians can do it. This he says has been proved. According to him, the inspiration to go into vehicle manufacturing was drawn from a desire to see Nigerians drive new cars. “Nigeria has become a dumping ground for second hand cars. I know it was the high price of new vehicles that made Nigerians resort to patronising old vehicles, but since we decided to manufacture the vehicles here, the price is affordable, and our people can drive new vehicles again,” he told Vanguard in a recent interview.
https://www.vanguardngr.com/2014/01/innocent-chukwuma-innovative-entrepreneur-2013/amp/

Innoson the rebadging company

Soso990240:
Can't you just keep mute if you don't have anything to say? Who told you Innoson doesn't use his vehicle? must you lie just to paint people bad? BTW how many road accident have you seen involving Innoson motors? Compare it it to your so called Strong vehicles. which motor no de get accident? abeg shift.

How many innoson vehicle have you seen in Lagos traffic

cindyspice:

. In this life, you would only ride tokunbo accidented Benz and Lexus..

While me.... Will be cruising in my brand new tear rubber innoson SUV. I like that alot.

Tear rubber with 2010 technology in 2018.

I love innoson for one thing. Any fool who buys it buys automotive backwardness. Buying it is punishment.

eternityk:

Innoson the rebadging company

Chai

Unbiased1:


Lol. The TundeBricklayer just damaged you.
The Chinese workers in Innoson are there to train the Nigerian workers. Innoson started with 65 skilled Chinese workers and over the years the number has deceased to 15 because the Nigerian workers are taking over gradually.

Lol see your company

eternityk:

Innoson the rebadging company

He's a counterfeiter. That's what they are known for, producing fakes.

TundeBricklayer:

At least I have cured your ignorance, you now know the real owners of Proforce

Make una enjoi your rebadging

Harlem2:


How many innoson vehicle have you seen in Lagos traffic

Even in China, how many of similar models to the nonsense he makes do you see?

Chinese use good Chinese cars, not the nonsense he's selling.

The same cars Innoson claims to be manufacturing are available for sale on Alibaba. The real manufacturers are selling it there like Keke.

Unbiased1:


lol and bokoharam are still defeating our troops in the NE.
Innoson produces largely civilian vehicles from buses to luxury cars, ambulance, saloon cars etc while Proforce produces military and armoured vehicles. Below are pictures of other products IVM produces, ambulance, garbage trucks and fire fighting trucks.

Lol
Rebadging company

BULLIONVAN4:
why are you guys always crying up and down on every thread that has to do with innoson who doesn't know you guys exists. if they post anything about proforce, you will complain if they also post anything about innoson, you will also complain *spits* lest i forget, INNOSON MOTORS PLC(IVM) is Anambra state company Cc solmusdesigns unlimitk eternityk

U mean anambra rebadging company

eternityk:

Lol see your company

Innoson the only vehicle manufacturing plant in Nigeria

Wickedtruths:


Even in China, how many of similar models to the nonsense he makes do you see?

Chinese use good Chinese cars, not the nonsense he's selling.

The same cars Innoson claims to be manufacturing are available for sale on Alibaba. The real manufacturers are selling it there like Keke.

Hm

Zikora1000:
so am right. You are Yoruba, no wonder the hate!

See your company
U are a girl,u are too little for this
Sorry

Wickedtruths:


You're a fool.

Innoson drives a Lexus, a Range and a Toyota.

You stupid fools would let mediocrity and tribalism kill you. Innoson doesn't use the nonsense you fools are defending.
What do you think is causing accidents in PMT's vehicles? Ugama Hiace.
Who is it killing? Innocent Igbos.

Go and stuff yourself inside an inferior product let the brake pad fly out at 120km/Hr.

You are the one suffering from low self-esteem. You are going mental just thinking an Igbo man like innoson is famous for producing home made vehicles.
Kpele! It's not that bad aburo.
Live and let live!

Wickedtruths:


You're a fool.

Innoson drives a Lexus, a Range and a Toyota.

You stupid fools would let mediocrity and tribalism kill you. Innoson doesn't use the nonsense you fools are defending.
What do you think is causing accidents in PMT's vehicles? Ugama Hiace.
Who is it killing? Innocent Igbos.

Go and stuff yourself inside an inferior product let the brake pad fly out at 120km/Hr.

Who ask u? lol
Go and buy ur Benz and stop spewing trash in this thread

TundeBricklayer:


Innoson the only vehicle manufacturing plant in Nigeria

U mean rebadging company
Lol e pain am

Harlem2:


Lie not everyone can afford it
Even the rich prefer foreign one's.....

Only the Innoson G40 and G80 are overpriced. The G5 is about 6.6 million naira which is affordable enough for a brand new SUV of its size.