Innoson Speaks on Releasing CNG Vehicles as Nigerians Rush to FG's Centres for Free Conversion

Innoson Speaks on Releasing CNG Vehicles as Nigerians Rush to FG's Centres for Free Conversion

  • Nigerians have been urged by Innocent Chukwuma to be patient with President Bola Tinubu's administration
  • The chief executive officer of Innoson Motors stressed that the President can make Nigeria better
  • He disclosed that FG teamed with Innoson Motors to purchase cars bearing the Innoson brand for official use

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Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Innocent Chukwuma, the managing director and chief executive officer of Innoson Motors, has begged Nigerians to exercise patience with President Bola Tinubu's administration.

Innoson speaks on releasing CNG vehicles
Innoson Chukwuma disclosed that his company and the federal government has partnered. Photo Credit: FG
Source: UGC

Speaking with reporters on Thursday after seeing the President at the State House in Abuja, Chukwuma emphasised that the President has the ability to improve Nigeria.

He claimed that the purpose of his visit was to support the President.

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According to a ThisDay report, the CEO of Innoson Motors also revealed that his company and the central government had partnered to supply Innoson-branded automobiles for official use.

He added that his company was the first to start using compressed natural gas for the locally built cars that will soon be a common sight on Nigerian roads.

He said:

“Government is doing its best with Innoson motors, the partnerships are going on, in a short while everywhere you go you will see innoson motors.
“I started CNG about two years ago, I was the first to start it in Nigeria. My visit here today is on CNG vehicle issues, I have discussed with them and in a short time the masses will see CNG buses on the road.

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“It is the best idea, government’s initiatives on CNG is the best idea for this country because there are a lot of benefits and it is those benefits I saw before I started the factory to produce vehicles on CNG. Because I had started producing CNG vehicles before the announcement. For those that have used CNG vehicles, they will agree it is the way forward for this nation”.

Nigerians anticipate that the CNG vehicle will cause fall in transport fare across different regions of the country.

Efe Sunday who sells goods in Lagos Island lament the amount of transportation and how it keeps increasing.

He said,

"At this point we are tired. You cannot even predict the cost of transport this day. Today, it is this amount, tomorrow they have increased it and then the next day, it is even worst. hopefully, CNG buses will cause the price of transport to come down"

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Another trader in the same market populary refered to as Mama Ogogo said,

"Everybody knows that whatever goes up in Nigeria doesn't come down. In the past few months the transport fare has become something else.
"We cant continue like this. If they (government) claim CNG buses will bring solution, let the being it to us"

Nigerians rush to location for free conversion

Legit.ng earlier reported that more Nigerians are rushing to convert their vehicles from petrol and diesel to compressed natural gas (CNG).

The federal government has made the service free and subsidised for commercial vehicles and inaugurated several centres nationwide.

Legit.ng understands that conversion centres nationwide are witnessing increasing demand from vehicle owners.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng