• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Premium Report
  • Features
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Aftermarket 2020
    • Tyre Recycling 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Search
  • Menu
You are here: Home1 / News2 / International News3 / Dunlop Sweeps Out of Nigeria

Dunlop Sweeps Out of Nigeria

Date: 14th July 2008 Author: Admin Comments: 0

Dunlop, the last tyre manufacturer with a factory in Nigeria, is set to leave the country, favouring the importation of tyres from other nations such as South Africa. The decision is said to be inspired by the persistence of power cuts, unreliable gas supply, a rise in manufacturing costs and inconsistent governmental tariffs, which allowed imported tyres to gain the upper hand in the domestic market.

The company stated that it had reached an impasse with the Nigerian government, after failing to persuade it to alter the prohibitive tariff structure. The government said that local manufacturing could not meet the market demand, though Dunlop argued that the current tariffs, coupled with energy costs and unreliability, made the improvement of production capacity impossible.

Dunlop’s Ikeja-based factory manufactures car and truck tyres and accounts for 15 per cent of nationwide consumption, while 85 per cent of the country’s tyre demands are met by importers. The factory’s closure spells the end of a 45 year spell for the company in Nigeria and 1,000 jobs are to be cut from the firm’s Nigerian operation.

Related news:

  1. A Continent of Contrasts
  2. Goodyear Poland Expansion to Create 400 New Jobs
  3. Apollo Tyres to Supply 50% Nissan Truck South Africa OE Needs
  4. Nigerian Ban on Used Tyres Too Late for Local Industry
Comments
Comments closed
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
  • Per E-Mail teilen

Related Tags

Africa, Dunlop, Jobs, Manufacturing, Nigeria, South Africa, truck tyres

Advert Location 28

Top five articles this week

Advert Location 10

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Continental Shares Plummet, Michelin’s drop Scooter Tyres Put Bums on Seats
Scroll to top