Innocent Chukwuma turned a Nnewi market stall into Nigeria's only indigenous carmaker
Rejected by engineering school, he bet that Nigeria could build the cars it kept importing. Decades later, Innoson is the proof of that wager.
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Rejected by engineering school, he bet that Nigeria could build the cars it kept importing. Decades later, Innoson is the proof of that wager.
Innocent Chukwuma's Innoson Vehicle Manufacturing has denied circulating reports that it plans to relocate operations and investments from Nigeria to Ghana.
Innoson chairman Innocent Chukwuma says the company employs 8,000 staff nationwide and plans to add 2,000 more in new factory expansion.
Innoson says a new Nnewi plant will build CNG trucks and electric vehicles, adding 2,000 jobs and a youth training scheme.
IVM was established in 2007.