Court Case Hampering Innoson Motors Operations–Spokesman

The Innoson Vehicle Manufacturing Company (IVM) on Wednesday said that its efforts to upgrade from 10,000 cars production capacity annually to 60,000 was being hampered by litigations against the company. The company’s Head, Corporate Communications, Mr Cornel Osigwe, who made the disclosure at a news conference in Lagos, said the factory’s upgrading from manual to automated production was also affected. Osigwe said that ...

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Is Changan CS35 an Answer to Pricey SUVs in Nigerian Auto Market?

Aside being a nation of auto enthusiasts, Nigeria is a nation, where many are mad about Sports Utility Vehicles (SUV). However, five years after the re-launch of a yet-to-become-law auto policy, expectations of Nigerians to own affordable vehicles made in Nigeria have remained a dream.   Amidst stakeholders’ endless wait for salvation promised by the federal government, Stallion Motors, a ...

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Innoson Motors’ Chairman Declared Wanted

The Chairman of Innoson Motors, Mr. Innocent Chukwuma, has been declared wanted by a Special Offences Court sitting in Lagos. He was declared wanted on Thursday following his continuous refusal to attend court proceedings for his alleged fraud trial. Justice Mojisola Dada issued the bench warrant for his arrest after he failed to appear in court for his arraignment for ...

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Our Members not Involved in Auto Crash – JOHESU

The Joint Health Sector Union (JOHESU) of Nigeria says none of its members was involved in an auto crash over the weekend in Benin City. The union described as false and mischievous speculations that some of its members were involved in a road accident. In a statement released on Monday, JOHESU’s National Secretary, Mrs Florence Ekpebor, identified those involved in ...

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Nigeria’s FRSC Partners Muslim Clerics

The Federal Roads Safety Commission (FRSC) is collaborating with Muslim clerics in Niger to achieve it 2018 Corporate Strategic Goal of ensuring safety on the roads. Towards this end, a Ramadan Symposium tagged ‘’The Muslim as a Road user’’ was organised for Muslims clerics and scholars by the Suleja Unit of the FRSC on Saturday in Suleja. The Sector Commander ...

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Nigerian State Governors Eye Fuel Subsidy Payment

…Decry N800 billion Subsidy Payment by NNPC National Economic Council (NEC), comprising the 36 State Governors in the country has threatened to take over the responsibility of subsidizing petroleum products in their states based on consumption, following the huge amount of money being spent by the NNPC as fuel subsidy payment annually. The Chairman of Governors’ Forum, Gov. Abdulazeez Yari of Zamfara ...

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Nigerian Government Urged To Address Challenges of Auto Industry

The Federal Government has been urged to tackle the enormous challenges confronting the nation’s auto industry in order to bring a lasting solution to the problem of economic underdevelopment in Nigeria. The Managing Director, BKG Exhibition Limited, Mr. Ifeanyichukwu stated this recently during the opening ceremony of 13th Lagos Motor fair and 7th Autoparts Expo Africa held at the Federal ...

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FRSC, National Park Service to Collaborate on Preservation of Ecosystem

The Corps Marshal of the Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi and Conservator General of the National Park Service, Alhaji Ibrahim Musa Goni have agreed to partner in the preservation and conservation of the ecosystem in line with the international conventions entered into by the country. This forms part of the resolutions reached at the meeting between the ...

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At Last…Nigerian Senate Passes 2018 Budget

…Raises the Budget by Over One Trillion Naira The Senate has passed the 2018 Budget of N9.21 Trillion following the consideration and adoption of the Budget report laid on the floor of the upper legislative chamber on Tuesday. This is coming 6 months after the budget document was presented to a joint session of the National Assembly in November. The ...

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