How Dangote’s Order Of 3500 Trucks Saved Anammco From Collapse
Reports have it that for seven years the Anambra Motor Manufacturing Company (Anammco) retrenched workers and shut down operations due to lack of patronage.
However the company bounced back when it received a huge boost in terms of an order for it’s trucks which saw its operations being revived.
Dangote had placed an order worth a total of N63bn for 3,500 units of locally assembled Shacman trucks.
These trucks are locally assembled at the company’s production plant located in the South eastern state of Enugu.
The investment ran through a period of five years since 2016.
The partnership began with an initial order of 350 Trucks by Dangote.
TSS chairman Frank Nneji had then paid tribute to Dangote’s support of ANAMMCO in “identifying a plant that has capacity in the south-east, in Enugu to give us the opportunity to produce trucks locally instead of importing them.”
He added that the plant had previously been shut down for more than seven years.
Nneji had revealed that 90% of trucks now being produced at ANAMMCO plant were for Dangote.
About Anammco
Anammco is a brainchild of the Federal Government of Nigeria conceived under the Second National Devlopment Plan of 1970 – 1975 and incorporated on January 17, 1977 then a joint venture agreement entered between FGN and Daimler AG, who became the pioneer technical partner and co-shareholder but who has now divested from the venture.