BusinessBanking/FinanceInnoson Denies FG Relocation Order

Innoson Denies FG Relocation Order

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Innoson motors, the foremost indigenous motor manufacturing company, has denied being hounded by the Federal government to relocate the car assembly Plant to either Kaduna or Lagos.

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Reports has been rife, particularly in the social media, that there has been undue pressure on the car company to either relocate to Kaduna or Lagos if they want full  government support.

The Plant is sited in Nnewi, in Anambra state.

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In a press release made available to this Magazine, the Head, Corporate Communications of the company, Cornel Osigwe, dismissed the rumor saying the company has always had support from the federal Government.

Below is an extract from the release.

“RE: Relocate Your Vehicle Manufacturing Company Now To Either Lagos or Kaduna Or Your License Would Be Withdrawn- FG; I am Under Pressure Now To Relocate To lagos or Kaduna- Innoson Breaks Silence.

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“We have been constrained to issue this statement in reference to the above statement credited to the person of the Chairman of Innoson Vehicles Chief Dr Innocent Chukwuma OFR.

“Ordinarily we would have ignored the statement and the publication in its entirety which appears to have gone viral in most social media platforms, knowing fully well that this is the handwork of mischief makers, but in a nation where silence may be seen as admission of the truth, we have been constrained to come out to officially ask the public to disregard it and set the record straight.

 

  1. There has never been any order and there will never be any order either from the Federal Government or its agencies to Innoson Vehicles to relocate his Vehicle Manufacturing Plant which is based in Nnewi to Lagos, Kaduna or any other place.
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  1. Innoson Vehicles has continually maintained a robust relationship with the Federal Government specifically under the administration of President Muhammadu Buhari GCFR. For example, under this present administration, Nnewi Auto-Industrial Park was initiated to support automobile parts manufacturing companies to come together and deliver support services, vehicle components, and raw materials required by the teeming automobile manufacturing companies in Nigeria.

“A major beneficially of this initiative is Innoson Vehicle Manufacturing.

 

  1. In a recent press briefing to journalist’s, which was widely publicized across many media organizations, the Chairman of Innoson Group stated clearly that Innoson Vehicles “has enjoyed huge patronage and support from the President Muhammadu Buhari-led administration”.

 

“Furthermore, Innoson Vehicles has continually enjoyed patronage from the Federal Government and its agencies; specifically, The Nigerian Military, The Police Force, Federal Road Safety Commission, Fire Service, Immigration and lots more.

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  1. Innoson Vehicles is in partnership with the Nigerian Air Force for the development and promotion of joint activities to sustain the maintenance of the Nigerian Air Force Air Assets and other associated Aerospace Ground Equipment (AGE) to enable the Nigerian Air Force to continuously carry out its constitutional obligations to the Nation.

 

“Equally it is also in collaboration with the Nigerian Army Authority for the local manufacture and supply of Armoured and Bullet-Proof Vehicles.

 

  1. We therefore urge the general public to disregard the fallacious publication in its entirety as there is no element of truth therein.

 

Cornel Osigwe

Head Corporate Communications

Innoson Group.”

 

 

 


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