Courtesy visit of Chief Osita Umeokolo ,the Managing Director Osy Authority Ltd , a major building materials distributorship and haulage company in Nigeria to ANAMMCO’s Lagos office and workshop on 21st September, 2022.
It was indeed a great opportunity for ANAMMCO team to have an interactive session with the MD of Osy Authority, a major customer of ANAMMCO Ltd . He is a happy Customer of an almost 100% Dongfeng Commercial Vehicles fleet.
Thank you Sir, for blessing us with your presence yesterday. Your feedback on Dongfeng outstanding performance is a confirmation that quality is the best business plan. Your repeat business and referrals brings us so much joy. We are proud to be associated with Osy Authority Ltd.
The auto assemblers have accused the Federal Government of luring many investors into setting up auto assembly plants in Nigeria after the introduction of the auto policy in 2014 but failed to sign the enabling bill into law to support the businesses.
They spoke at an interactive forum in Abuja, where auto chief executive officers and relevant Federal Government ministries and agencies met to assess the state of the nation’s auto industry and the way forward.
In a statement, the local assemblers blamed the Federal Government for making vehicle production and the general business environment unfriendly for indigenous manufacturers, since many auto companies shut down their assembly plants in Nigeria.
They said the Finance Act of 2020 introduced by the Federal Government that reduced import duty on fully built vehicles to the same rate as semi-knocked down components made it difficult for local assemblers to compete with FBU importers/dealers.
The Deputy Managing Director, CFAO Motors, Mr Kunle Jaiyesimi, also accused policymakers of jumping out of the country to hold meetings with vehicle manufacturers without discussing with Nigeria’s representatives of those foreign companies.
He said, “What is the fate of the auto policy now? When this initiative started in 2014, some of us raised concern then that it is not enough for some people to just wake up and put up a position paper about the industry without consulting widely the industry players and stakeholders.
“We should not be thinking about estacode (travel allowance) in most cases. We should look at how things can work in this country.
“Millions of dollars have been wasted in a world-class assembly plant for buses and trucks. Virtually all leaders of government agencies that visited the plant then were amazed by what they saw. Today, the plant have been converted to after-sale centre.
“There is no way we can compete with fully built vehicles that are coming into the country. Before, the import duty on FBU truck was 25 per cent and suddenly, they it was dropped to 10 percent, the same rate for SKD components of truck.”
The Executive Director, Nigeria Automotive Manufacturers Association, Remi Olaofe,in his statement wondered how the local auto assemblers could break even without any serious support and patronage from the government.
Credit: Punch Newspapers.
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His Excellency, the Governor of Enugu State, Barrister Sullivan Chime, The Honorable Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, The Director-General of the Bureau of Public Enterprises, Mr. Benjamin Dikki, The Director-General, National Automotive Council, Engr. Aminu Jalal, The President Of Manufacturers’ Association of Nigeria, Dr. Frank Jacobs,
Directors of ANAMMCO,
Captains of Industry,
Distinguished Ladies and Gentlemen,
Gentlemen of the Press,
Other Protocols duly observed.
It is my pleasure to welcome you all to Anambra Motor Manufacturing Company (ANAMMCO) and this landmark ceremony to mark the rollout of the maiden units of Nigeria-assembled Shacman trucks from Completely Knocked Down components in our facilities in partnership with transit Support Services Limited. To our nation Nigeria, this event will eventually reverse the substantial trade imbalance in the industrial sector through the Nigeria Industrial Revolution Plan. To the ANAMMCO community, this event is the triumph of the tortuous journey of resisting unfair trade dealings from the erstwhile foreign partner and resilience of the Nigerian investors to revive the company.
Nigeria Is highly-ranked in all the indices considered necessary for an automotive industry to flourish in any economy. Our automotive industry is a key enabler of our march towards industrialization and economic transformation because of its immense potentials to contribute to growth of the GDP, build human capital. we extol the wisdom of the Federal Ministry, Trade and Investment and the National Automotive Council for the wide consultation and involvement of a wide spectrum of stakeholders during the development of the National Automotive Industry Development Policy (NAIDP). Our hope is that bona fide plant owners shall play due roles in the course of implementation of this policy and development of accompanying regulations and legislation that shall follow.
While Nigeria imports more than 400,000 units of motor vehicles per annum, the combined annual capacity of our manufacturing/assembly plants is 70,000. I am proud to say that installed capacity of ANAMMCO is 7,500 units of trucks and 1,000 units of buses in three-shift production regime. As our gesture of affirming our support and commitment to the success of NAIDP (of which we were an active part of), we extended our spare capacity to our partners, Transit Support services (TSS) Limited.
It is pertinent to state that in addition to the traditional transportation and logistics that the development of the automotive industry impacts, it can be extended to defense, marine, manufacturing, agriculture, railway coaches and power generation. ANAMMCO has more than enough capacity and competences to play in all of these segments.
Vital ingredients for success of the resurgent industry include healthy competition in an atmosphere of cooperation, goodwill and shared infrastructure. In addition to our willingness to avail capacity to credible players we are glad to offer the facilities of ANAMMCO for actualization of the South-East industrial cluster envisaged by the National Automotive Council for the success of this industry.
Once again, I welcome you all to this landmark event and to new phase of industrialization in our national development.
ANAMMCO was conceived by the Federal Government of Nigeria (FGN) under the Second National Development Plan (1970 – 1975). The Company was incorporated on January 17, 1977, and the Foundation Stone laying ceremony for the factory was performed on May 12, 1978. The factory was commissioned on July 8, 1980 by the first executive President of Nigeria, Alhaji Shehu Shagari. Commercial production of trucks commenced in January, 1981.
The incorporation of ANAMMCO was the fulfilment a joint venture agreement entered between FGN and Daimler AG, who became the pioneer technical partner and co-shareholder. Today, Daimler has fully divested its shareholding, while FGN retains significant shareholding. Controlling equity is held by GUO and Sons Limited, a holding company with interests spanning public transportation, logistics, courier, real estate, merchandise, manufacturing, hospitality and philanthropy in the areasof education and health.