Saturday, 31 October 2015

how far with automobile in nigeria

when will nigeria government ever produce a car?
Stakeholders in the steel industry have called on President Muhammadu Buhari to probe the sale of the nation’s automobile industries by the Bureau of Public Enterprise (BPE).
Buhari


Workers under the umbrella of the Steel and Engineering Workers’ Union of Nigeria (SEWUN) demanded for the review of the privatisation of the companies in the sector, lamenting that due process was not followed in the sale of the companies.
The National President of the union, Elijah Adigun, in his address at this year’s Annual Industrial Relations Conference in Ijebu Ode, Ogun State, advised the Federal Government to urgently set up a probe panel  to look into the sale of automobile industries and to determine why the guidelines provided for in the Privatisation Act was not followed in the sale of these companies by the BPE.
According to him, for President Buhari to succeed with his agenda of creating jobs for the unemployed youths, he should take a second look at the privatisation exercise carried out by BPE as no single company privatised in the iron and steel industrial group is doing well. “For instance, Anammco Limited, National Truck, Steyr Nigeria Limited, Leyland Nigeria Limited are companies sold to auto traders instead of core investors who have knowledge, expertise and skills of vehicle manufacturing,” he said.
Adigun noted that before the privatisation of these auto plants, they had a combined workforce of nearly seven thousand compared with about 300 workers they now have put together. “It will interest you to know that before the privatisation of these auto plants, they had a combined workforce of nearly seven thousand compared with about three hundred workers they have now. Clearly, the figure here is an indication that the privatisation of these companies has brought economic woes and wastages to the country, rather than blessing envisaged by the Federal Government, even salaries are hardly paid to their workers,” he said.
The union leader who expressed his union’s support for the Buhari led administration’s battle against corruption, said it should not be selective. He also said it should be extended beyond the last regime to ensure that all those who had illegally appropriated the nation’s wealth are brought to book.
Employment generation
He called on the government to grow the economy by exploiting other natural resources for wealth creation and employment generation. “To create more jobs for the teeming population of our youths, government needs to look at other areas apart from oil sector.”
General Secretary of the union, Michael Ogbolu, in his paper said the theme of the conference, “Survival strategies in an unfriendly environment-the Nigeria experience”, was quite appropriate, given a situation whereby corruption has brought Nigeria to its knees.
Calling for urgent attention to rejuvenate the power sector, which he said holds the key to the restoration of the manufacturing sector,  Ogbolu expressed dismay that most vibrant factories in the past have now been converted to places of worship due to unfavourable business environment. He also condemned the insurgency in the North Eastern part of the country, which he said has a negative effect on its members’ companies’ volume of trade and thereby contributed to the loss of jobs in the sector .

excerpt from Vanguard.

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