A delegation from the Nigerian Senate Committee on Industry, led by Senator Francis Fadahunsi, has praised the Innoson Vehicle Manufacturing Company, IVM’s innovation and growing capacity to transform Nigeria’s automotive industry.
The senate committee gave their endorsement following an oversight Visit to the firm’s plants in Enugu and Nnewi where they assessed the quality and scale of IVM’s operations.
The team also toured the newly developed production plant for long Compressed Natural Gas (CNG) buses in Umuezena-Umudim, Nnewi.
Senator Victor Umeh who was on the delegation, particularly praised Chief Dr. Innocent Chukwuma, IVM’s chairman for his visionary leadership and commitment to industrial development in his home state of Anambra.
“His investment has not only advanced local manufacturing but also created employment opportunities for our youth,” Umeh stated.
Senator Fadahunsi expressed admiration for the company’s vehicle designs and its ability to meet national demand. He acknowledged the challenges facing the firm, including inconsistent power supply and economic policy hurdles, and pledged that the committee’s findings would be presented to the National Assembly and the Presidency for potential intervention.
The inspection team also included representatives from the National Automotive Design and Development Council (NADDC), led by Director General Joseph Osanipi, and Senators Isa Lau, Banigo Ipalibo Harry, Samson Ekong, Binos Yaroe, along with Committee Clerk Mr. Oluwa Femi Ajibabi.
The Senate’s visit underscores growing support for indigenous manufacturing and the potential for Nigeria to shift from reliance on imported vehicles to becoming a hub for quality automotive exports.