ANAMMCO

ANAMMCO, a vehicle manufacturing company, says it has recorded high business patronage at the on-going 33rd Enugu International Trade Fair holding in Enugu.  

ANAMMCO was conceived by the Federal Government of Nigeria under the Second National Development Plan (1970-1975).  

The company was incorporated on Jan. 17, 1977, and its factory inaugurated on July 8, 1980 by the first executive President of Nigeria, Alhaji Shehu Shagari.  

Commercial production of trucks began in January 1981.  

The incorporation of ANAMMCO was the fulfilment a joint venture agreement between Nigeria and Daimler AG of Germany, which became the pioneer technical partner and co-shareholder.  

Daimler fully divested its shareholding, while Nigeria retained significant shareholding.  

Controlling equity is currently held by GUO and Sons Ltd., a holding company, established by Chief G.U. Okeke, after Anambra which took it over divested from it.  

ANAMMCO’s Executive Director, Corporate Services, Mr Uche Okeke, said patronage received so far by the company was “awesome and superb’’.  

According to him, visitors are happy with the company’s “Dongfeng’’ trucks, and it has been receiving goodwill messages from numerous customers.  

“Some have made deposits and others promised to patronise us. The patronage is enormous and we are hopeful it will be a good outing for ANAMMCO.  

“We guarantee customers about our products and pledge to offer after-sales support,’’ Okeke said.  

He added that the fair had provided visitors the opportunity to learn more about the company’s products, stressing that “people now see the products, inspect them and they are happy with the brands.’’  

He lauded Gov. Ifeanyi Ugwuanyi of Enugu State for providing the enabling environment for the business to thrive as well as his administration’s support and patronage.  

“Enugu State government’s support has helped the company in its drive to expand its market beyond the state.  

“We will continue to support the state government and the Enugu Chamber of Commerce, Industry, Mines and Agriculture in events like this,’’ he said.  

Okeke urged captains of industry and heads of government to always patronise made-in Nigeria products.  

In his remarks, ANAMMCO’s Head of Sales, Olalekan Sanyaolu, said “Dongfeng’’ trucks were assembled for haulage; have very low emission and are cost-efficient.  

He urged governments to support automobile companies in Nigeria, saying they needed to act fast to save the industry from collapsing.  

The Anambra Motor Manufacturing Company Limited (ANAMMCO) has appealed to the federal government to urgently review the 2020 Finance Act and the Automotive Policy in the country.
The Executive Director of ANAMMCO, Mr Uche Okeke, made this appeal In Enugu on Thursday when the Board Members of the National Automotive Design and Development Council (NADDC) visited the company.
Okeke said the review had become important considering challenges faced by vehicle manufacturing companies in Nigeria, which if not addressed, would put the remaining car manufacturing industries out of business.
He blamed the federal government for deliberately crippling automotive industry through policy somersaulting, which does not encourage both local and foreign investors to invest in the industry.
According to him, with the government support industry alone was capable of providing job opportunities for the terming youths.
He hinted that ANAMMCO had the capacity to employ two thousand persons as well as produce cars that can compete with vehicles produced elsewhere.
The Executive Director maintained that it was cheaper to produce locally than importing, and asked the federal government to reconsider the 20 per cent excise duty on raw materials imported into the county.
On the operation of the ANAMMCO, Okeke informed the Board members that the company aside assembling vehicles also had a training institute where people were trained on vehicle maintenance.
He, however, commended the NADDC for always coming to their rescue to ensure that ANAMMCO does not shutdown its operations, especially whenever the company faces downturn.
Responding, the Board Chairman of NADDC, Senator Osita Izunaso, pledges that the Council would look into the issues raised by the Executive Director of ANAMMCO with a view of finding lasting solutions to them.
Izunaso admitted that many vehicle manufacturing companies in the country witnessed downturn due to policy somersaulting, added that the board was working with private sectors to turn the fortunes of automotive industry around.
The NADDC chairman pointed out that the facility tour of the company had given them more insights to go about with the review of the 2020 Finance Acts and Automotive policy to suit the reality on ground.
He then encouraged the management of ANAMMCO not to be dismayed by the current challenges, remaining them that they had potential as well as available to become a giant vehicle manufacturing company in Nigeria.