A group of Nigerians in the Diaspora have concluded plans to establish N9bn automobile assembly plants in the country under the patent called Zhope Automobiles.
The group is led by a professor of engineering systems and Director, Machining Research Centre, Faculty of Engineering Science and the Built Environment, London South Bank University, Prof. Emmanuel Ezugwu.
Displaying a model of a 15-seater air-conditioned bus at the premises of the National Automotive Council in Abuja, on Wednesday, Ezugwu said that the plants would manufacture and assemble made in Nigeria automobiles in the six geopolitical zones of the country.
He said, “This innovative project incorporates over 25 years, research and development experience in the area of advanced manufacturing technology for sustainable development.
“We are working with local resources on the ground to put forward a technology road map that will serve as a hub for vehicle export to other parts of West Arica.”
Speaking during the event, the Chairman, Zhope Automobiles, Mr. Marcel Ezenwoye, noted that the project would commence by the first quarter of 2011, adding that the plants had been structured to create about 14, 000 jobs in Nigeria.
He said, “There is a projection that not less than 4,000 jobs will be created on the line function and over 10,000 in ancillary related services centres.”
“The training policy of Zhope envisages the training of local engineers like the roadside mechanics, who will in turn train other middle level operators in Zhope automobile technology. For this reason, Zhope’s technical partners from Europe and China will come to Nigeria for the training and technical support.”
He noted that discussions were currently going on with the National Automotive Council for the domestication of Zhope brand in Nigeria.
Ezenwoye said, “We have a forecast of an average monthly sales of 100 number of buses and an annual gross of 1,200 number of buses. Zhope intends to initiate the KDK strategy with a view to reducing overall production cost per unit of the buses. Our target is to get up to 40-50 per cent local content to minimise importation by 2020 if we have the enabling environment for manufacturing.”
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This is long overdue, I hope they will get the full support of Government.