Meet the young man redefining auto parts business in Nigeria

23-yrs-old Dairo Damilola Opeyemi who hails from Ibadan, Oyo State is the young Chief Executive Officer of Autofactorng, redefining auto-parts business in Nigeria. auto2 Founder, Autofactorng, Damilola Dairo In a country where buyers culturally show an overwhelming distrust of salesmen in the automotive industry, Dairo’s innovative platform sells genuine auto-parts at affordable prices and delivers it to client’s doorsteps nationwide with warranties on every item sold is no doubt a breath of fresh air to car users.

The young CEO’s rise to becoming a nationwide auto-parts supplier in less than a year of establishing his firm is based largely on his passionate ingenuity to provide car users in the country with genuine alternative to both sub-standard and fairly used auto-parts, ‘Tokunbo’ which overtime leaves buyers cheated and unsatisfied.

After graduating from Bowen University in 2012 where he studied Physics and Solar Energy , Dairo who said he has always had a flare for cars ventured into the automotive industry in Nigeria by providing solutions in the aspect of car body repairs and painting. “Like every other graduate, the next point of call for me after leaving school is to get engaged in a job but I know there is actually none waiting out there for me.

So I went for a three months training session in a work shop on car painting and body repair after which I proceeded to doing the business itself and this noble step is what eventually led to the idea of ‘Autofactorng’. Citing that there are about 3 million cars in Lagos alone, Dairo lamented on how worrisome it is to find quality car parts in Nigeria.

He explained that he had an experiential knowledge of this problem faced by car owners when he got into the painting and body works business, “to make things worse, some auto-parts dealers will end up telling you that fairly used parts are better than new ones, how possible can that be?” He queries. Answering himself, he said, “Tokunbo products are not new products, they are sold to users as genuine products which have been used and can never be better than new products.

To understand this, just Imagine that you are using a year 2002 Toyota vehicle and you want to change the shock absorber and you purchase it it as a tokunbo, that means the part which was manufactured in 2002 has been used for probably 3 years and you are now purchasing it as a product in 2015 which interprets that the shock absorber is 13 years old, does it mean it is good or will last long? Where the problem lies for me with fairly used products, ‘Tokunbos’ is the fact that they are not safe.

The lifespan of fairly used products like that of there sub-standard counterparts can never be compared to getting new products from their genuine manufacturers.

This is the reason we are in this business to ensure that people get quality services for all money spent in the auto market in Nigeria. Convinced that he has all the know-how needed to transform the auto-part industry, Dairo revealed that he funded his idea with a start-up capital gotten from his personal savings and by sourcing funds from relatives, “believe me, it was not easy, pushing the dream to reality but overtime it paid off”, he said.

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