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GAC Motor Backs First Nigeria Governors Investment Forum in China

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First Nigeria Governors Investment Forum in China

In a bid to foster transnational investments between Nigeria and China, the first edition of the Nigeria Governors’ Investment Forum was held in Guangzhou, China.

Governors from nine states in Nigeria, which include Alhaji Abdul’aziz Abubakar Yari of Zamfara State; Chief Okezie Ikpeazu of Abia State and Chief Dr Samuel Ortom of Benue State.

Other dignitaries are Mr. Oloko Shakirudeen Adewale, Consul-General of the Nigerian Consulate-General in Guangzhou, Mr. CaiChaolin, Vice Mayor of Guangzhou, Mr. Zeng Qinghong, President of GAC Group, and Mr. Yu Jun, General Manager of GAC Motor, other officials and representatives of the business community were present at the China-Nigeria cooperation, trade and development forum.

Participants from the two countries conducted in-depth discussions and case sharing on the theme of the forum “sustainable cities and livelihood”. GAC Motor GA8 and GS8, which were designated as the official vehicles for the forum, greatly impressed the delegates with their luxurious and comfortable ride experience, original design, exquisite craftsmanship and state-of-the-art technologies.

Speaking at the forum, Mr. Cai Chaolin, vice mayor of Guangzhou, stated that Nigeria as the largest economy in Africaand Guangdong are highly complementary to each other in areas such as manufacturing, agriculture, cultural exchanges and infrastructure development being situated along the “Belt and Road” and there is vast potential for cooperation between the two countries.

“The Guangzhou Municipal Government has always attached great importance to all-round cooperation with Nigeria. We believe this forum will be a great opportunity for China and Nigeria to further their long-standing friendship, and construct a new bridge for investment activities between the two nations”.

“With the GAC Group as a leading investment enterprise, we are speeding up the development of our overseas marketing and service system, and taking internationalization as a key development strategy. He hopes that in the future, more and more high-quality Chinese enterprises such as GAC Group will bring better products and services to Nigeria, so as to further strengthen bilateral exchanges and cooperation”.

Also Speaking during the forum, Mr. Zeng Qinghong, president of GAC Group, delivered a speech titled “GAC’s global planning with sustainable development as the basis and the ‘Belt and Road’ Initiative as the driver” introducing to the forum participants the achievements and main business sectors of GAC Group, while emphasizing GAC’s sincere willingness to offer high-quality products and services to Nigerian consumers.

“GAC Group’s private brand GAC Motor has developed stable sales channels in Nigeria and achieved outstanding sales records. GAC Motor’s entry into the local market has brought consumers greater ride experience and higher quality of life. With automobiles as a bridge, GAC Motor has not only benefitted Nigeria with high-quality products and services, but has also brought management expertise and technologies there, thus increasing employment and enabling resource integration, technological innovation and sustainable development,” he said.

More than 380,000 GAC Motor vehicles were sold last year, registering an increase of 96%. With a compound annual growth rate of 85% for 6 consecutive years, it has achieved leapfrog development. In the first quarter of this year, the accumulated sales volume of GAC Motor vehicles exceeded 121,000, up by 68.4% year on year, making the brand a leading light among its peers in terms of growth speed and profit generation. Among them, the sales volume of the champion model GS4 was up by 35.5%, firmly keeping the runner-up title in the domestic SUV market. It was also the first brand that surpassed the sales threshold of 500,000 units among SUVs in the price range of RMB 100,000. The advanced higher-end GS8 was highly sought-after, always in short supply.

Over 10,000 GS8 SUVs were sold alone in March, making a significant breakthrough of a monthly sales volume of over 10,000 vehicles only after half a year of its launch in the market. It was the best sales record among Chinese SUV brands in similar price range, and broke the price ceiling on Chinese brand vehicles, making the model a leader of high-end vehicles with increasing sales volumes.

At the forum, the Chinese officials and governors from Nigeria studied carefully GA8 and GS8 showcased at the venue.

GS8, with its original design of a tough exterior and soft interior, luxurious and cozy inner facilities and rich high-tech equipment, was a particular eye-catcher. Nigerian delegates all expressed their hope to see the introduction of GS8 and more new-energy vehicles to Nigeria. Besides, they also wish to see more GAC Motor investment in Nigeria to drive current cooperation further. 

GAC Motor will continue to provide consumers with more desirable products and services, spare no efforts in building GAC Motor into the leading auto brand in China, and endeavor to be a world-class brand with the strongest brand value and influence deeply cherished by consumers.

With its high quality and product strength, GAC Motor has made initial breakthroughs in the overseas markets, with Nigeria being a leading one.

At the same time, GAC Motor is actively planning its global strategic layout. Current, preparation for the GAC North America R&D Center is progressing. GAC Motor plans to enter into the North American market no later than 2019.

 

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Speakers At CFA Startup Hangout Urge Youths to ‘Stay & Invest’ in Nigeria

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(L-r): Wale Ajisebutu, vice-chairman, 21st Century Technologies; Dr. Nkiru Balonwu, managing partner, RDF, both speakers at the October 2017 edition of the CFA's Startups Hangout, with Chukwuemeka Fred Agbata Jnr, Founder, CFAtech.ng, Presenter of Tech Trends on Channels Television and the Convener of the Hangout.

By Justice Okemgba

The October 2017 Edition of the CFA’s Startups Hangout really lived up it’s expectation, as the Startups were fed with priceless nuggets on how to run their businesses successfully and improve on their lives and uplift the nation.

CFA’s Startups Hangout, is an event that brings Startups together to learn how to run and grow their businesses from invited successful entrepreneurs, as well as network with each other.

The two invited speakers for the October 2017 edition, which was held at Adna Hotel, GRA, Ikeja last Friday, were Mr. Wale Ajisebutu, vice-chairman, 21st Century Technologies and Dr. Nkiru Balonwu, Managing Partner, RDF, a Consultancy outfit.

First to speak, was Dr. Nkiru Balonwu. She stated that Startups need to be determined and stay focused, as these are key to achieving what they want to achieve. “Be sure of what you want to do and set milestones for the achievement of goals”, she emphasised.

She admonished the Startups to note each achievements as they are met and also know why they are not met and fight to see that they are met in the end.

She made it known to the Startups that, from her own experience at starting her own business outfit, not everyone will encourage them in their quest, but they should not be deterred. She advised them to seek for sponsors and mentors, but should also be ready to give them something in return.

Nkiru stated that Startups should ensure that whatever it is that they are doing, should be centered around solving a problem for their clients. She gave the example of her own experience, where her personal need to track the income and expenses of her income and expenses, prompted her to develop the Bukkipa App, a simple accounting solution, but she had to ask for inputs from those who are also in need of such a solution, so that they can patronise it.

Wale Ajisebutu, in his presentation to the Startups, gave the narrative of Nigeria as a country blessed by God, with lots of opportunities, which, unfortunately, the citizens are only seeing  and complaining about as problems.

He advised the Startups to stop complaining about what the government has not done and see all the problems that we have in Nigeria in the areas of inadequate water supply, bad roads, poor transportation, scarcity of food and agriculture, etc., as opportunities they can key into and start a business on, because the government cannot do them.

“You cannot see all these kinds of opportunities in England, for instance, because they have light, they have houses and they have roads, etc. You don’t need to run there. If you go there, you will just go and wash toilets and plates”, he observed.

“It was individuals that developed America and not the government”, he stressed. He gave the example of Cornelius Vanderbilt, who invested in and built railroads, John D. Rockefeller Snr, who invested in the oil and oil pipeline business and J. P. Morgan, who invested in the banking industry, all in America.

He stated that a good example of such individual, doing a similar thing in Nigeria, is Aliko Dangote, who invested in problem areas in Nigeria and is today, the richest African in the world.

Wale advocated for the adoption of a four-tier government, namely, Federal, State, Local government as well as Youth and Entrepreneurs, to take care of the interest of SME’s. He advised Startups to work hard, be consistent, dream big, think big, start small, be open, be curious and take risks. “If you do the right thing in your business in Nigeria, you will become a multi-billionaire in any currency”, he assured.

Wale further advised the Startups to build great teams, have good business concepts, build wide network of mentors and cover their costs to stay relevant in the business world. “You are in Nigeria for a purpose. Take advantage of it. The country is for you. You have to build it”, he concluded.

Other attractions during the October 2017 edition of the CFA’s Startups Hangout, include presentations by officials of The Bridge Clinic, who took the Blood Pressure of the Startups that attended the event and TAMS on Time Management, Payroll and Human Resource solutions for the Startups.

The event ended with the networking session, where the Startups interacted with each other to form alliances, friendships as well as synergize their operations.

The November 2017 edition of the CFA’s Startups Hangout, which will be the last for this year, also promises to be an exciting one. Watch out for details @ http://startups.cfatech.ng

 

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U.S. Promotes STEM Education in Nigeria, Trains 460 Students, Teachers on Robotics

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By peter oluka

Monday, the United States Diplomatic Mission to Nigeria, in collaboration with RoboRave International, a U.S.-based robotics education academy, began a week-long robotics workshop for 460 elementary, secondary, and university students, STEM teachers, robotics enthusiasts, and scientists.

The training is being hosted at the American Corner at Co-Creation Hub (CCHUB), Yaba, Lagos (October 23-25) and at the Olusegun Obasanjo Presidential Library Complex, Abeokuta, Ogun State (October 26-28).

The workshop seeks to boost technology education in Nigeria by engaging the participating students in hands-on robotics activities to stimulate their interest in math and science as well as careers in the STEM fields.

One hundred (100) robots will be donated free-of-charge to participating schools in Lagos and Ogun states, many of them with little or no experience in robotics.

This is expected to provide the students and their teachers with an opportunity to put their skills to use following the completion of the training.

United States Consul General F. John Bray explained that the U.S. Mission is supporting the capacity building workshop in hopes that participants will be inspired to work collaboratively with the aid of technology to create innovative solutions to shared global challenges.

“In a world that’s becoming increasingly technology-driven, it’s more important than ever before for our youth to be equipped with the knowledge and skills to become innovators, educators, researchers, and leaders who can solve the most pressing challenges facing our world, both today and tomorrow.  We are honored to support this initiative that promotes science, technology, engineering, and mathematics — subjects collectively known as STEM— in Nigeria,” Consul General Bray said.

Mr. Kingsley Imade, program partner and director RoboRAVE Nigeria, explained that the training sessions will be facilitated by an international faculty, including RoboRAVE International Director of Global Programs Russ Fisher-Ives, and RoboRAVE North America Director Brian Montoya.

According to him, the sessions focusing on robotics designs and programming will provide a platform for teachers to learn how to implement the STEM approach in the educational process via practical scientific activities, throughout the training days.

“An education to develop robotics skills places students on track to develop such STEM enabling competencies like critical and computational thinking, collaboration and creativity that has lifelong advantages,” Mr. Kingsley Imade, director, RoboRAVE Nigeria, said.

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Ojobo, NCC Spokesman To Receive ESUT Honours

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By peter oluka

The Enugu State University of Science and Technology (ESUT) will on Thursday, October 26 confer an award of Excellence on Nigerian Communications Commission (NCC), Director of Public Affairs, Mr. Tony Ojobo.

This award ceremony is part of the high point of the Alumni Home Coming and 32nd Anniversary Celebration of the Faculty of Management Sciences.

In a notification letter of the conferment addressed to Ojobo, it was stated that the decision to confer the award on him was taken by the Faculty Board of Management Sciences at its 136th meeting held on September 25, 2017 where it “proudly took cognizance of your remarkable achievements in life, especially in your chosen career as a renowned technocrat and Public Servant, and unanimously nominated you to be conferred with an award of Excellence.”

The letter was jointly signed by Prof. Fredrick O. Eze, Dean Faculty of Management Services and Prof. Ike S. Ndolo, chairman, Alumni Home Coming Committee.

Governor Ifeanyi Ugwuanyi of Enugu State is the Special Guest of Honour, while the Chief Host is the Vice Chancellor, ESUT, Prof. Luke Okechukwu Anike.

The event is due for Dome Event Centre, New Haven, Enugu at 11am.

Ojobo is an Alumnus of ESUT.

The Man Tony Ojobo

Ojobo is an experienced director of Public Affairs with a demonstrated history of working in the telecommunications industry.

Skilled in negotiation, business development, strategic planning, strategy, and public speaking, he is a strong media and communication professional with a Master of Business Administration (MBA) focused in Marketing from ESUT Business School.

Currently, director of Public Affairs at NCC; Ojobo was the director, Human capital and Infrastructure at the Commission between October 2009 – October 2011 (2 years 1 month).

He holds Master’s degree, Public Administration from the University of Lagos (1993); and currently pursuing a doctorate honours in Business Administration, Entrepreneurship/Entrepreneurial Studies at the Walden University.

Ojobo is a certified member, Institute of Public Private Partnership, Washington, DC, USA., and has garnered many awards for his professionalism and outstanding performances at the NCC.

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