The Executive Chairman of Innoson Group, manufacturers of Innoson vehicles, Mr. Innocent Chukwuma, has reaffirmed his long-standing commitment to domestic manufacturing and youth empowerment.
Speaking on the progress made by his company on the project, Chukwuma stated that Innoson Vehicle Manufacturing (IVM) Company has grown into one of the largest employers of labour in Africa, with thousands of families sustained through its operations.
He disclosed that in 2026 alone, the company plans to employ about 2,000 additional workers following the establishment of a new factory dedicated to the production of Compressed Natural Gas (CNG) trucks and electric vehicles.
He explained that the CNG Vehicle Manufacturing Plant will be one of the biggest of its kind in the world, with an installed capacity of producing 3,000 CNG units each of 6 different types of vehicles per annum.
According to him, the facility will be equipped with state-of-the-art machinery and is expected to be completed within the next few months.
He added that the factory, which is expected to commence operations soon, will be supported by a technical training scheme designed to equip young Nigerians with practical skills, offering employment opportunities upon completion or certification for work elsewhere.
According to him, this initiative will engage the youth productively and contribute significantly to reducing insecurity in Nigeria.
GIK/APA