ADVERTISEMENT
TechEconomy
Sunday, June 1, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Innoson CNG Conversion Plant, others Active – Spokesman

Innoson CNG Conversion Plant, others Active – Spokesman

Staff Writer by Staff Writer
April 16, 2024
in Environment
1
Innoson Vehicles CNG
Innoson Vehicles CNG Plant unveiling

Innoson Vehicles CNG Plant unveiling

RelatedPosts

Itel Solar Energy Commissions First Training Centre at the University of Ibadan

itel Solar Energy Commissions First Training Centre at the University of Ibadan

May 30, 2025

Seplat Eyes Power Sector Investment to Tackle Deficit in Off-Grid Communities

May 30, 2025

Nigerian manufacturing company, Innoson Vehicle (IVM) Ltd, has re-stated its commitment to the vision of continuous investment in the production of top quality vehicles as needed in the Nigerian market and other African countries.

The company also said that rather than soft-pedaling on this vision, it has in the past few years upscaled its production technology, in addition to embarking on a plant expansion and establishment of a new production facility in Nsukka, and Compressed Natural Gas (CNG) conversion factory in Owerri.

A statement by Mr. Cornel Osigwe, the head of Communications, Innoson Vehicles said that since its plant commenced vehicle manufacturing more than 13 years ago, it had gone beyond the initial mini buses and pick-ups, to add different models of sedans, Sports Utility Vehicles (SUVs), family vehicles, fire trucks, as well as city and inter-city buses of various sizes.

Osigwe, explained that the company was busy manufacturing these vehicles based on the demands from the government and the private sector.

He added that the company also felt the pulse of users of its vehicles as well as the market generally, stressing that the feedback it obtained helped it to enhance the quality of its products.

He maintained that this also helped it to determine what the market needed.

He added: “About two years ago, we made history by becoming the first, and so far the only, manufacturer of CNG/ Liquefied Natural Gas (LNG)-powered vehicles in Nigeria, for which we have earned many recognitions, including awards from The Sun Publishing, Silverbird and the Nigeria Auto Journalists Association (NAJA), all in 2023.

“Moreover, the presentation of Quality Management Certificate and the MANCAP Certificate by the Standards Organisation of Nigeria (SON) to Innoson in 2023 is a confirmation of our adherence to high international quality standards in the manufacture of our range of vehicles.

It is now possible to live in Nigeria and earn salary in US Dollars with premium domains, you can earn as much as $17,000 (₦27Million) Click here to start.

“So, with all these production activities and sustained investments, Innoson Vehicle Manufacturing Co, Nnewi, cannot be described as an assembly plant in ruins.”

Osigwe, maintained that it was in pursuit of its avowed vision that the auto company upgraded its factory operations from manual production to semi-automation, and then to standard automation, resulting in the production capacity increasing from 10,000 vehicles to 60,000 vehicles per annum.

In line with the foresight of its Chairman, Dr. Innocent Chukwuma, Innoson Vehicles he emphasised had embarked on an ambitious multi-billion naira plant expansion project at Umuezena part of Umudim, Nnewi, which when completed in the next couple of months, would be dedicated to the manufacture of a wide range of CNG/LNG-powered vehicles and heavy duty trucks.

Innoson is also investing in the University of Nigeria Nsukka {UNN} where it is partnering with the institution to establish a plant that will be manufacturing units of 20HP Agricultural Tractor with the brand name Lion IVM, he said.

“Apart from the Umuezena and UNN projects, Innoson Vehicles is currently setting up an IVM CNG conversion centre at Naze, Owerri, Imo State. The state-of-the-art facility is for the conversion and retrofitting of fuel/ diesel powered vehicles to CNG/LNG powered vehicles,” he added.

The press statement also gave insight into partnership with the Military, saying Innoson Vehicles had been collaborating with the Nigerian Air Force for the development and promotion of joint activities to sustain the maintenance of the Nigerian Air Force Air Asset and other associated Aerospace Ground Equipment (AGE).

He stated that the company was equally in partnership with the Nigerian Army for the modification of some of its equipment, local production of armoured fighting and utility vehicles.

Nnewi auto plant has in the past few years exported IVM vehicles to some African countries, including Sierra Leone, Niger, Congo, Ghana, Mali, Côte d’Ivoire and Burkina Faso.

This has culminated in the company concluding plans with the government of Sizrra to establish an assembly plant in Freetown.

“Innoson Vehicles is on a mission to be a giant vehicle manufacturing company in Africa in other to serve Africa vehicle needs by its current expansion efforts

“The range of products from the stable of IVM are affordable and within the reach of the Nigerian investing public who are in the transportation business, corporate organisations, government and its agencies at various levels, as well as individuals who desire the products, satisfactory service and exciting driving experience,” Osigwe added.

The company, however, agreed that there had been challenges in the industry which, according to Chukwuma would be addressed by the Federal Government through the new automotive policy.

“The Innoson Group founder has since applauded the recent efforts by the Minister of Industry Trade and Investments Minister, Dr. Doris Nkiruka Uzoka-Anite, and the Director General of the National Automotive Design and Development Council (NADDC), Mr. Joseph Osanipin, towards effective implementation of the new Automotive Policy (NAIDP 2023).

12 total views , 1 views today

Advertisements
MTN ADS

Author

  • Staff Writer
    Staff Writer

    View all posts
0Shares
Tags: Innoson CNGInnoson VehiclesNAIDP
Previous Post

NIMC Targets to Hit 200 million NIN Enrolments by 2025

Next Post

NIPCO Shows Leadership in CNG, Opens Four Stations

Staff Writer

Staff Writer

Related Posts

Itel Solar Energy Commissions First Training Centre at the University of Ibadan
Environment

itel Solar Energy Commissions First Training Centre at the University of Ibadan

by Joan Aimuengheuwa
May 30, 2025
0

The project is part of itel Solar Energy's commitment to education, capacity building, and long-term investment in the country's green...

Read more
Seplat electricity to off-grid communities

Seplat Eyes Power Sector Investment to Tackle Deficit in Off-Grid Communities

May 30, 2025
Qrent Refurbished Tech

Refurbished Tech: Making a Smart Choice for a Greener Future

May 17, 2025
Sun King Secures N80bn Loan to Improve Electricity Access in Nigerian Homes

Sun King Secures $80M Loan to Improve Electricity Access in Nigerian Homes

May 15, 2025
Band A, Electricity Consumers, FCCPC, IE | electricity meters and pricing in Nigeria

The Myth of Reflective Electricity Pricing in Nigeria

May 13, 2025
itel Solar Energy Opens First Customer Experience Centre in Alaba Market

itel Solar Energy Opens First Customer Experience Centre in Alaba Market

May 11, 2025
Next Post
nipco cng stations in Nigeria

NIPCO Shows Leadership in CNG, Opens Four Stations

Comments 1

  1. Pingback: Innoson Motors Unveils Nigeria’s First Locally Made Electric Vehicle

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

Audio Player
TECH TALK EPISODE 2
Techeconomy Podcast
TECH TALK EPISODE 2
PRODUCTIVITY AND WORK-Life Balance[...]
  • 0.8
  • 1
  • 1.2
  • 1.5
  • 2
Download
  • Facebook
  • Twitter
  • Linkedin
  • Copy episode link Copied
  • Download
Captions
00:00
00:00
TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

Video Player
https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
00:00
00:00
00:31
Use Up/Down Arrow keys to increase or decrease volume.

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.