Connect with us

Headlines

Innoson Vehicles Will Take Over Africa – IVM Chairman, Chukwuma

Published

on

14554112 img20211117wa0098 jpeg7f57925fe94aa9876979b4407062ab74

He made the declaration during a parley with journalists in Nnewi, Anambra State.

Advertisement

Chukwuma said the company was looking ahead to being a producer of vehicles for use in the African continent as a whole, a development he said would reduce pressure on the country’s foreign exchange (forex) demand.

He said he had expanded his scope of production to a wide range of vehicles which include SUVs, wagons, commuter buses, among others.

Advertisement

“I need to correct one impression. While a lot of automobile companies in the country are assembly plants, ours is a manufacturing plant. We source most of our components locally. And that is the edge we have over others. If I see a local company that will add value to what we are doing through production of components, I will patronize them.

Advertisement

“My plans for the next five years is to see IVM everywhere in Africa.”

He further stated that, “Challenges can never stop; people will always have challenges day by day, but the most important thing is that each time it comes up, we put heads together and surmount it. I don’t think there is a challenge we will see and not surmount.

Advertisement

“Our driving force is ideas; it is not about volume of investments, if ideas are there, you can use small money to do big things.”

Advertisement

He added that the staff strength of the Innoson Group was now well over 7200, with the IVM accounting for 1700 staff members.

Chukwuma hailed former Anambra State Governor, Mr. Peter Obi for supporting the growth of local businesses, adding that Gov. Obiano had also been supportive.

Advertisement

He disclosed that as Governor, “Mr. Peter Obi placed orders for 500 SUVs, 700 buses and 500 pick-up vans and that helped us a lot because he does not owe, he paid in advance.”

Advertisement

He observed that the emphasis on industrial clusters by the Gov. Obiano administration had also helped in the area of power sector, adding that “it is also an opportunity for people to produce more components for me; that will help.”

“However, it should be noted that this industry is not only for governors but everybody. Everybody should know that Innoson Vehicles are manufactured in Nigeria; let everybody see it as our own thing,” said.

Advertisement

The Innoson Chairman also expressed happiness over the victory of Prof. Chukwuma Soludo in the recently conducted Anambra State Governorship election, describing it as “a huge blessing and gift to Anambra people.”

Advertisement

Source:- NaijaOnPoint

Headlines

Nigeria Set For 190 Business Community League Target – Nguroje

Published

on

Nigeria Investment Promotion Commission NIPC

Nguroje, a former Deputy Speaker of the House of Representatives, said this Saturday in Abuja.

Advertisement

He commended President Muhammadu Buhari and the Trade and Investment Minister, Otunba Adeniyi Adebayo, for taking deliberate steps towards having Nigeria in the league.

NaijaOnPoint on Sunday reports that the president, alongside 10 cabinet ministers and chief executives of government agencies and parastatals, attended a business exhibition in the United Arab Emirates (UAE) over the weekend with the theme: “Expo 2020”, which was postponed last year due to the COVID-19 pandemic.

Advertisement

The NIPC board chairman said the Expo had afforded and unveiled investment opportunities for Nigerian investors with specific project profiles and investment opportunities to a single location with an attracting long-term investment into critical sectors.

Advertisement

Source:- NaijaOnPoint

Continue Reading

Headlines

Customs CG Tasks Officers On Commitment

Published

on

Comptroller General of Customs Col

He made the call at the weekend when the Nigeria Customs and Staff College, Gwagwalada, Abuja, held a combined graduation ceremony for Senior Course 5 and Junior Course 11.

Advertisement

NaijaOnPoint on Sunday reports that the crux of the programme included academic, physical and mental training in which a total of 78 students graduated. Out of the number, 38 graduated in Senior Course 5, while 40 finished in Junior Course 11.

Col Ali urged the graduating students to demonstrate the skills they had been equipped with in various areas of their responsibilities with a view to discharging their duties meritoriously for national development.

Advertisement

He expressed delight that the training programme had improved significantly with an assurance that it would go a long way in achieving its objectives of increased skills development and service.

Advertisement

Ali also disclosed that the service was poised to introduce e-customs soon as an innovative tool for the service to perform its duties more efficiently.

Source:- NaijaOnPoint

Advertisement
Continue Reading