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Starting a Bicycle Factory in Nigeria by obong(m): 6:23pm On Sep 14, 2005
Would it be possible to start a bicycle factory in Nigeria? Are the raw materials, like steel, aluminum, rubber (processed) available to make the venture work or all these items will have to be imported and assembled in nigeria.

Anyone one know if these raw materials are produced in bulk in Nigeria?

Thanks.
Re: Starting a Bicycle Factory in Nigeria by joftech(m): 12:12am On Sep 15, 2005
The 'okada' (commercial motorcycle) has shown to Nigerians how unsafe it is to ride on two-legged vehicles here. Hence, I am not sure if a 'keke' (bicycle) is going to be the next craze after GSM.
Re: Starting a Bicycle Factory in Nigeria by Bibi(m): 12:11pm On Sep 15, 2005
there is already a bicycle factory in Kano for years.

I think you can find all you need in Nigeria, if you really want to go into it.
Re: Starting a Bicycle Factory in Nigeria by obong(m): 2:54pm On Sep 15, 2005
what bike factory is that in kano? are they the ones that are black with big wheels and have not been upgraded in 40 years?

@joftech, youd be surprised who would buy it. I imagine the rural areas would use it a lot.
Re: Starting a Bicycle Factory in Nigeria by RufusP(m): 5:52am On Sep 18, 2005
Are you looking for any sponsors to start your little business venture off?
Re: Starting a Bicycle Factory in Nigeria by obong(m): 2:04pm On Sep 19, 2005
no, im just looking for information on the possibility of this venture
Re: Starting a Bicycle Factory in Nigeria by Seun(m): 9:37am On Sep 20, 2005
But we have so many brands of imported bicycles in Nigeria, but they are used by only a small group of people - hunters, ice cream vendors, kids on holidays, people in rural areas.

What's the advantage of having bicycles that are made in Nigeria? Doesn't this seem like a solution in need of a problem, seeing that there's no scarcity of bicycles nor are people complaining that the currently available ones are too expensive?

1 Like

Re: Starting a Bicycle Factory in Nigeria by obong(m): 2:18pm On Sep 20, 2005
why do you assume there is no scarcity of bicycles? Because you see just a few people using it. Thats liek saying there is no scarcity of the internet, because of so many internet cafes

The vast majority of people that would need bikes can't afford them. I can bet you that less than 10% of those that wish to use bikes can afford them. For one, a made in nigeria bike would likely be of higher quality and cheaper because it wouldnt be a used bike like those imported.

there are many areas where bikes are used that nigerians dont think to use them because its not readily available, like the post office and the police, not to mention niche markets like athletics.

The IFC, the finance arm of the world bank, is also considering such a project, so apparently there is a big market for it

http://ifcln1.ifc.org/ifcext/apdf.nsf/Content/RegionalProjectLagos
Re: Starting a Bicycle Factory in Nigeria by Seun(m): 2:34pm On Sep 20, 2005
would likely be of higher quality and cheaper

No, it cannot be of higher quality and cheaper at the same time, unless you are using better technology than the foreign manufacturers, or you're manufacturing in much greater quantities. And I saw lots of shiny new bicycles at Agege area in Lagos at one time when I was thinking of getting one, but what stopped me is that I couldn't really see myself using it very often! So really I don't see the market!

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Re: Starting a Bicycle Factory in Nigeria by layi(m): 2:59pm On Sep 20, 2005
Move with the trend o. Really i don't see the success of such venture. Its lik sellin cold drinks during winter. Its not what people need now.
Anyway have u really done your market research and u've seen the demand? Dont invest your money in any venture if there is no ready demand (known through market research).
Re: Starting a Bicycle Factory in Nigeria by obong(m): 3:03pm On Sep 20, 2005
considering the bike's that are imported into nigeria are generally used and of low quality, (like almost everything else) it can be cheaper and of higher quality at the same time. Computers are cheaper and of higher quality in the US, than they are in Nigeria because they are made here. Especially with cheaper labor costs in nigeria and the availability of certain materials, like rubber, its very possible. Which is why i was asking about the ability to source these materials from nigeria. You dont need to use better technology, you just use the same technology. The machinery can be bought in India or china, depending on what you want to do.

Its sad that urban nigerians are so unware of the vast needs to the rural and poor. You dont see the need for a bike because to you it would be just a fun little yellow bike or something. For someone else, it would be their lifeline. They wouldnt have to work everywhere and could get thier goods to market sooner. Many 'modern' nigerians look at certain industries as beneath them, or not as hot an dprofitable as say tech industries, and because of that they overlook a ton of opportunities.

http://www.earth-policy.org/Indicators/indicator11.htm

India produced more than 11 million bicycles. Most of these are ridden domestically or shipped to Africa. Africa is a potentially large bicycle market, but recently sales have declined in many countries despite the continued need for low-cost, non-motorized transportation. One reason for this trend is a shortage of moderately priced, modern bikes and bike parts.

This shortage is seen in Senegal, which levies prohibitive tariffs on imported cycles to protect a small domestic manufacturer that sells only 2,000 bikes annually. Until 1989, Ghana imposed similar tariffs and taxes on imports, but after their removal, bike sales soared.

To meet Africa's high demand for modern and sturdy bicycles, the Institute for Transportation and Development Policy, an organization that promotes environmentally sustainable and equitable transportation policies worldwide, and Afribike, a nonprofit South African company, designed the Africa Bike. This is an alternative to the traditional Black Roadster, which now sells poorly because it does not meet performance standards and because many associate it with rural, elderly, and poor people. Both models retail at about $60. Afribike alone has provided over 10,000 South Africans with low-cost transportation since 1998 and plans to expand its programs to Senegal, Guinea, and Ghana.
Re: Starting a Bicycle Factory in Nigeria by obong(m): 3:04pm On Sep 20, 2005
Layi, i have done research, though i was looking for more info from these living in nigeria. How is it like selling cold drinks in winter (which is still a large industry) when most people in nigeria have no form of transportation
Re: Starting a Bicycle Factory in Nigeria by joftech(m): 10:53pm On Sep 20, 2005
This thread made me to remember Ojo Maduekwe, the former transportation minister. I know he will be happy to hear about this business plan.

Re: Starting a Bicycle Factory in Nigeria by obong(m): 11:55pm On Sep 20, 2005
i remember him. my target is actually more rural people. I would like rural nigeria to look like rural india or china, with more peopple using bikes and rickshaws for transportation
Re: Starting a Bicycle Factory in Nigeria by Seun(m): 8:11am On Sep 21, 2005
If your aim is social change, to encourage people to use bicycles more for the their health and the environment, then maybe you can set up an [b]NGO [/b]which can lobby the government for favorable policies, and publish advertorials in the media urging people to go for bicycles.

Then this NGO can sit to decide if it's necessary to promote the setting up of bicycle factories in Nigreria!
Re: Starting a Bicycle Factory in Nigeria by layi(m): 11:00am On Sep 21, 2005
obong:

Layi, i have done research, though i was looking for more info from these living in nigeria. How is it like selling cold drinks in winter (which is still a large industry) when most people in nigeria have no form of transportation

Most? Seems to me you've not done ur research well cos the statement (above..in bold) is absolutely wrong.

I'm not here to discourage you. Its just to advise you. Do it cos you know there is demand not because you think there is a demand. Good Luck
Re: Starting a Bicycle Factory in Nigeria by obong(m): 2:14pm On Sep 21, 2005
im not after social change, seun. Im out to make money
Re: Starting a Bicycle Factory in Nigeria by obong(m): 2:15pm On Sep 21, 2005
Layi, its a fact that most people in nigeria have no form of transport. living in urban areas gives on a false sense of nigeria. go to the villaga and see how far and long they walk
Re: Starting a Bicycle Factory in Nigeria by layi(m): 2:40pm On Sep 21, 2005
Obong its also a fact that only 20% of the populace leave in the rural areas.
Lagos alone claims more than 10% of naija population
Some percent of 20% isnt most my dear
obong:

...................when most people in nigeria have no form of transportation
Re: Starting a Bicycle Factory in Nigeria by obong(m): 3:16pm On Sep 21, 2005
Thanks for proving my point about urban nigerians knowing nothing about the rest of the country. if only 20% of nigeria's population lived in rural areas, nigeria would be the most urbanised country in the world. Thats not true, and thankfully so. Can you imagine what it would look like if 100 million people lived in the cities? by the way, when people say lagos has 10% of nigeria's population, they are referring to the whole state, not the city.



http://en.wikipedia.org/wiki/Nigeria


The most populous country in Africa, Nigeria accounts for approximately one-fifth of Africa's people. Although fewer than 25% of Nigerians are urban dwellers, at least 24 cities have populations of more than 100,000 and 45-60% of the population are expected to reside in or around metropolitan areas by the year 2015.
Re: Starting a Bicycle Factory in Nigeria by Missworld(f): 5:11am On Sep 23, 2005
Wow! sounds like strict business. Can't really contribute now as I have to "upgrade my brain to pentium 4".
Re: Starting a Bicycle Factory in Nigeria by inyang(m): 6:07pm On Sep 23, 2005
Obong,
You r talking to/and getting replies from people who are not familiar with the concept of a bicycle as a means of private and commercial transportation.
I came down to Ph in the mid Eighties with some classmates from the western part of Nigeria. At Owerri and surrounding villages and towns, there were always lines of people going to/from farms and other businesses on bicycles.
My friends had to ask me:
Why r all these people on bicycles?
I was a little taken aback as to me, this was not a proper question, it was self evident why they were on bicycles (to move around and carry stuff).
It took some time for me to realise that the questions were coming from people who probable had never seen a farmer load up goods on a bicycle or gone to a rural market where 90+ percent of the people came to on bicycles.
I did a little explanation on how it was a mode of transport around where we were but my friends still had that suprise/farlook on their faces and did not look convinced on why people should use bicycles when cars and buses 'were all over the place!'

Anyway, there is a huge market for bicycles in Nigeria.
If you can get your ecomonics right, locally made/asseblied bicycles should be able to give the imported models a run for their money.

Guys in Lagos, please, a lot of our people still stay in rural areas and actually use bicycles as a daily tool!

When I was growing up, I found it a stretch to imagine people buying water or having water shortages.
Re: Starting a Bicycle Factory in Nigeria by inyang(m): 6:13pm On Sep 23, 2005
Would it be possible to start a bicycle factory in Nigeria?

Yes

Are the raw materials, like steel, aluminum, rubber (processed) available to make the venture work or all these items will have to be imported and assembled in nigeria.

Start with imported and switch over to locally sourced as you understand the terrain


Anyone one know if these raw materials are produced in bulk in Nigeria?

Try the various chambers of commerce, you never can tell, they may actually be helpful at times.


Thanks.
hey, u r welcome.
Re: Starting a Bicycle Factory in Nigeria by obong(m): 4:08pm On Sep 24, 2005
inyang, thanks a lot your your response. I'll contact the chambers of commerce first to see what info they have. I was also told that importing may be the way to begin at first, then later get into making parts of the bikes, then making the entire bikes.

I tell you some of these urban folks probably think yam grows on trees.

My father and brother's first name is inyang, as is my middle name :-)
Re: Starting a Bicycle Factory in Nigeria by owo(m): 12:55pm On Nov 12, 2005
....and try the esport processing zone authority in Calabar too...
Re: Starting a Bicycle Factory in Nigeria by obua: 11:17am On Dec 22, 2005
importation of bicycle is banned.
Why not motorised trycycle> I think that is better and safer
Re: Starting a Bicycle Factory in Nigeria by Dewalex(m): 12:06am On Mar 01, 2006
Well that is a good idea, Bicycle is a good form of exercise,in Germany , Holland belgium etc its average of 4 Bicycle per househood.
But safety is the problem in Nigeria.However, it make me to remember palm wine tapper in my Village smiley
Have a look at this bike stand in a German train station

Re: Starting a Bicycle Factory in Nigeria by adconline(m): 9:58pm On Jan 15, 2007
Huge business in Naija. i know some guys who import bikes and parts from china and they are making good money. North is a very good place to cite such a factory.
Re: Starting a Bicycle Factory in Nigeria by Seun(m): 2:15am On Jan 16, 2007
What do Nigerians use bicycles for? Hunting?
Re: Starting a Bicycle Factory in Nigeria by Nobody: 8:34pm On Jan 10, 2011
Good day to you overe there,am OLUJIDE GABRIEL.Am the CEO of O2 NIGERIA, an Oyo State soap manufacturing and training company.We train people and interested soap manufacturing company on how to produce,

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[2] MOSQUITO KILLER CANDLE

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[5] LAUNDRY SOAP

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[7] LIQUID SOAP

[8]BALM

[9] BODY CREAM

[10] MEDICATED HAIR CREAM etc.

To be sure, the scope of the company is not only withing Nigeria,as the company has engage in training different company workers in Ghana and some big soap company in Nigeria.

We also have explanatory bulk hand out that contain 15 different products
Our price are negotiable and you can start any of this product with as low as 10,000.00.We will also teach you how to build local machine with wood to start with and some or our product are available on request.

After the training ,we also teach our trainees how to manufacture the soap equipment by their self and we also offer door step training for individual or group in any part of the Nigeria and west africa.

We are open to more negotiation on how to work this out.

Thanks

OLUJIDE OLUWATOSIN
CEO
O2 NIGERIA
25,ikereku lay out,orita challenge,
Ibadan,oyo state ,Nigeria
07037373022,08027140208
o2nigeria@yahoo.com
Re: Starting a Bicycle Factory in Nigeria by awaspey(m): 12:36am On Dec 25, 2011
Dear Obong,
Just read about your topic starting a bicycle factory in nigeria, It is very much possible and i can tell tell you will be viable, if the investor get it right. better quality bikes compared to imported bikes can be produced here and i can tell you will be very much cheaper. although few parts must be imported, but will still be a very good investment and good for nigeria economy. If really you are interested link up with me @ generalcyclesind@gmail.com.
Rgds,
Awaspey
Lagos
Re: Starting a Bicycle Factory in Nigeria by 9jaIhail(m): 10:29pm On Dec 26, 2011
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