Jan 27, 2022

Mawazo Writing Africa

Writing about the main

NNPC Contracts Innoson Motors to Manufacture Condensed Natural Gas City Buses

  • Roads are the main mode of transport in Nigeria, carrying more than 80% of all traffic in the country
  • While the Nigerian government is trying to get the fuel subsidy In February 2022, there are fears that high transportation costs will follow
  • The NNPC is now making efforts to address the problem by commissioning Africa’s largest vehicle manufacturer Innoson to produce hundreds of City buses

FCT, Abuja – The Nigerian National Petroleum Company (NNPC) has Innoson. under contract Vehicle Motors (IVM) will produce city buses with condensed natural gas (CNG) to cushion the effects of the cancellation of fuel subsidies next year.

The Chairman of the Innoson Group, Chief Innocent Chukwuma, recently revealed this to journalists in Nnewi, Anambra state.

He said:

“I do city buses for NNPC. The one who uses gas. 100 units. I produce it from start to finish. It will be pure gas. But I did it in such a way that diesel is used in the event of a gas shortage. So it can change as an alternative. “

He added:

” I can produce electric cars and make gas his alternative. I wanted to start producing electric cars, but Nigeria is not ready yet. Nigeria will be ready immediately, I’ll produce it. I did the study and trained people on it. It’s a good development and we’re ready for it. ”

The Nigerian government announced plans to encourage the conversion of one million cars to gasoline. Gas is Nigeria’s transition fuel.

The Chief Executive Officer of NNPC Ltd, Mele Kyari, announced in December 2020 that the Petroleum Ministry would provide the structure for the free conversion services to cars to make it possible to switch from premium engines to gasoline.

In a recent conversation with Arise TV on the subject, Chukwuma said:

“I now produce some Vehicles with CNG engines for NNPC. I’m almost done with production and made the best quality CNG cars and it was built in my factory.

“CNG will help everyone because CNG uses better than fuel. If people can switch to CNG, the nation will benefit and transportation costs will come down. A lot of CNG is wasted in Nigeria. ”

IVM has a plant in Nnewi in southeastern Nigeria with a production capacity of 60,000 cars.

The billionaire businessman was also optimistic about venturing into electric car manufacturing.

According to him, electric car manufacturing won’t be a big deal when the country starts to demand see.

The rise and rise of the Innoson Group

Chukwuma recently stated that the number of employees in the Innoson Group is now well over 7200, whereby the IVM makes up 1700 employees.

When asked about the major challenges he faced in his business, Chukwuma said:

“Challenges can never end ; People will face challenges day after day, but the most important thing is that we put our heads together and master it every time it comes up. I do not think that we will see a challenge and that we will not overcome it.

“Our driving force is ideas; It’s not about the investment volume, if ideas are available, you can achieve great things with little money. “

Kyari says that the subsidy scheme will be over by 2022

The NNPC chief said there would be no legal subsidies and added that this is now legally secured.

However, he stated that the Nigerian government had a bigger one has social responsibility to take care of the ordinary and make sure the subsidy regime is ended in the most subtle and simple way.