Innoson vehicle manufacturing company announced that a debut of the first made-in-Nigeria mass produced cars would be made on August 8, 2014.
During the opening ceremony of Empower Nigeria Roadshow for the
South-East zone, chairman of Innoson Group, Chief Innocent Chukwuma,
revealed this information yesterday at the Faculty of Law, University of
Nigeria, Enugu campus.
According to the chairman, the company would crash the prices of new cars in the country with his commencement of mass produced
cars. While the prices of the new cars would range from N1.5 million to
N3 million, Innocent Chukwuma assured that the Innoson new cars would
compete favourably with others in the market.
Made-in-Nigeria SUV presented by Segun Awolowo, the grandson of late sage, Obafemi Awolowo
Chukwuma started business in 1981 with meagre resources, but grew his business from loans from the Bank of Industry (BOI).