Thread by @toluogunlesi

This PhD - can it be for real?

This thing where you constantly highlight Ghana news and deliberately unlook Nigeria news, you CANNOT be educated and be doing it.

Toyota went to Ghana yes, but several others are here in Nigeria, incl Hyundai, Honda, GAC, Geely, Kia, Peugeot etc

This year, already, Peugeot is back assembling cars in Nigeria, in a JV with Dangote Group. Brand new plant, hasn’t even been formally commissioned yet.

Geely Assembly plant in Nigeria, opened 2020.

Before you open an ignorant mouth to try and diss the Geely brand, remember they own sizable stakes in Daimler (owners of Mercedes Benz) and Volvo, and in 2020 announced a new JV with Mercedes-Benz AG to focus on electric vehicles.

https://twitter.com/toluogunlesi/status/1489163771436310528

Honda began assembling the HRV in Nigeria in 2019.

https://twitter.com/toluogunlesi/status/1126082097628815361

The Honda Assembly plant in Lagos.

https://twitter.com/toluogunlesi/status/1489164837141757954

And then you have the emerging brands like @nordmotion, who have also started assembling in Nigeria

https://twitter.com/nordmotion/status/1497182291226992656

With all due respect, you really have to be a premium idiot to try and use the (good) news of Toyota opening an Assembly plant in Ghana to dismiss the several other major auto players who are assembling in Nigeria. Nigeria and Ghana can both attract investments side by side.

We saw this nonsense back when Twitter announced their Ghana office. Nigerians jumping up foolishly and ignorantly to diss their country, forgetting that Microsoft’s multi-million dollar @MicrosoftADC is in Lagos, as are several other BigTech investments.

https://twitter.com/toluogunlesi/status/1383332690003337216

Toyota says it’s Ghana plant has “an annual production capacity of 1,300 units” (Toyota Hilux) & is an investment of ~US$7 million.

See why it’s FOOLISH to try & use this to denigrate Nigeria’s almost 2-dozen assemblers (>400k prod capacity), who have invested >US$1B since 2014.