Nigerian tractor manufacturers and assembly plants have been counting their losses since the Federal Government announced importation of tractors from Belarus with a $250m vote, which is said to be a part of the $681.9m tractor deal.
The local manufacturers believe that had the FG voted such amount in a scheme with local manufacturers, that it would create not less than 40,000 jobs in Nigeria.
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Ibifiri Bobmanuel, managing director of Bobtrack Nigeria Limited, one of the topmost manufacturers, told BusinessDay in Port Harcourt in the week that if the president had bought half from home sources, it would create such high number of jobs and in days, it would have impacted the gross domestic product (GDP) of Nigeria.
The FG had announced through the Ministry of Agriculture a double deal with John Deare in California and Belarus to supply various numbers of tractors and implements as well as set up a base in Nigeria including repairs and training of farmers….KINDLY READ THE FULL STORY HERE▶
