Bidverse

The problem of the cost and difficulty of accessing spare parts or components of machines or tools has been one of the single most important challenges of the Nigerian manufacturers.

These components are large part of the expenditure of businesses in Africa and can lead to delays in production, and a rise in product cost as they are very expensive to replace when damaged.

The biggest challenge of the automobile space in Africa has been described as the shortage of spare parts needed to sustain the already existing cars.

At rather high levels of inflation and also high exchange rate of the Naira to the United States Dollar (as well as other importation associated currencies), the importation of spare parts is becoming both expensive and increasingly unsustainable for the national economy.

Bidverse is changing this narrative.