There is no doubt that Innoson Vehicle Manufacturing (IVM), the first indigenous vehicle manufacturing company in Nigeria, is a leading light in the manufacturing of vehicles in the African most populous country. Various government parastatals, including the Nigerian National Petroleum Corporation (NNPC), have contracted the firm to produce cost-effective and fuel-efficient buses.
As Chief Innocent Ifediaso Chukwuma, the CEO of IVM stated on his Facebook:
“I am doing city buses for NNPC. The one that will use gas. 100 units. I am producing it from start to finish. It will be purely gas. But I made it in such a way that in case there is scarcity of gas, it will use diesel. So, it can change as an alternative.”
He noted further:
“I can produce electric cars and make gas its alternative. I wanted to start producing electric cars, but Nigeria is not yet ready. Immediately Nigeria is ready, I will produce it. I have made the study and trained people on it. It’s a good development and we are ready for it.”