Automobiles have lead by example over the years as an impeccable machine fueled by a multi-trillion dollar natural resources (crude oil) to navigate around the diacritic sublime cities planted in diverse countries around the world. In some parts of Europe and Asia like Germany and Japan, the automotive sector is a multi-billion dollar venture that stimulates national economic health and development. Fast forward to the 21st century, the auto sector strictly relies on conspicuous breakthroughs in modern science to encourage rapid growth in the industry and to boost the enhancement of modern-intensive hardware systems. The advent of the web and noteworthy technologies like the “Internet of Things” (IoT) have influenced rapid but extraordinary innovations and inventions among the major car manufacturers in the world.
Regardless, while this multi-billion dollar industry is widely perceived as an instrument of a domestic economic boom in the civilized world, it is at yet a new discovery that shrewd indigenous entrepreneurs and investors are beginning to tap into. While this is not yet a multi-billion dollar venture in Nigeria, in the nearest future, it is believed to be a promising enterprise with a lot of financial risks and gains.
On October 3, 2013, Nigeria announced the introduction of a new automotive policy aimed at debilitating the importation of entirely assembled automobiles and empowering household manufacturers, it appeared to be a tall dream. A young man, a visionary, and an industrialist took the weight upon himself by venturing into this seemingly uncertain enterprise.
To begin with, Innoson Vehicle Manufacturing Co. Ltd. , otherwise known as IVM, is a leading wholly producer of different automobiles and bus manufacturing companies in Nigeria and Africa in general. The future centric and forward driven manufacturing company is progressing in the direction of building a major brand and technological hub in the automotive sector. Innoson targets three things: growth, development, and dominance.
The company whose assembly plant is situated in a small town in Anambra state South-Eastern part of Nigeria known as Nnewi, was perceived to be independently founded by Innocent Chukwuma Nwala. Among the Nigerian people, IVM is perceived as the Pride of African Road — successes by Hyundai and Nissan. 70% of the vehicle parts are locally produced, while the rest are believed to be imported from China, Japan, and in some parts of Germany, proclaiming the rise of a local car manufacturing industry that will, in the closest future, serve the region.
Among top vehicle models delivered by IVM, the five-seaters Fox (1.5-liter engine) and Umu (2-liter engine) as well as the mini-bus Uzo.
Innoson has gained a widespread acceptance in some West African countries by putting on its radar countries like the Republic of Benin, Ghana, Mali, and Sierra Leone.
Right now, the first female winner “Mercy Eke” of the Big Brother unscripted TV drama is the brand ambassador for Innoson vehicles.
Just recently, a Nigerian young talent has taken the country in amazement by entirely redesigning the IVM logo. Osuolale Farouq whose creative work penetrated the heart of Innoson's founder/CEO Innocent Chukwuma after he single-handedly overhauled and shared with the public an improved version of IVM logo on Twitter.
The company had before intrigued with its trucks and buses. The range of Innoson vehicles is as of now getting a charge out of support locally, unlike in the past when indigenous automakers were smothered by the absence of valuation for their products. Crosswise over Africa, locally-made merchandise is beginning to gain regard and desired patronage through quality affirmation and aggressive evaluating.
Former governor of Nigeria’s Anambra State, where the Innoson plant is located, Peter Obi had become a continuous purchaser of the locally made vehicles when he left office. Founder of the car-making company, Chukwuma, said Obi still patronizes his company.
However, there has been a long term dispute among various individuals in Nigeria with respect to the actual stance of Innoson in the car manufacturing business. While we cannot downplay the role of Innoson as a significant tech player and a power to figure within the auto sector, others contend that the company is simply in the business of “assembling” vehicles.
The premise used by those claiming Innoson to be a mere “assembler” is that the company outsourced its vehicles’ components from external suppliers — transcendently from China. Of the contention on whether IVM is a manufacturing company or a mere assembly plant is completely outside the scope of this article. Today, we're digressing on a more important topic by revealing to Nigerians the two major contenders with IVM and the possible changes that may happen in the future. In the race on which company has a major share in the automobile industry immediately after Innoson, Anammco and Proforce take the lead.
ANAMMCO: In addition to “Innoson Vehicle Manufacturing” company, another giant car manufacturing factory is likewise situated in the Eastern part of Nigeria's Southern hemisphere. Anammco which is registered as Anambra Motor Manufacturing Company Limited (ANAMMCO Limited), was incorporated on January 17, 1977. The Establishment Stone laying ceremony was performed on May 12, 1978, while the factory was commissioned on July 8, 1980, by the first executive President of Nigeria, Alhaji Shehu Shagari. Official production activities started in January 1981.
Originally a joint endeavor between the Federal Government of Nigeria and Daimler-Benz AG (presently Daimler AG) of Germany, the Government has, today, nearly stripped from the Company and part of its interests has been sold to private investors. The plant stays a brilliant illustration of a viable economic and technological co-operation between Nigeria and foreign investors. Daimler AG additionally stripped 100% from the company.
The Company is situated on a 300,000 square meter site located strategically on the airport road at Emene Industrial Layout, Enugu. Its principal line of business is assembly and production of Commercial Vehicles – trucks, buses and utility vehicles, from 5 tons payload and above.
Throughout the years, the organization has delivered more than 30,000 units of commercial vehicles for the Nigerian and West African markets. ANAMMCO vehicles are significantly at the vanguard of road mass transit and haulage services in Nigeria. From the mainstream and successful L911 truck, the Company developed and introduced various trucks and bus models over time."
A vast number of products produced by Anammco incorporates: City buses, Coaches, and Superstructures (cooling van, master lifter, motorized drill, skip loader, refuse compactor, etc.)
With fitting financial policies and client altruism, ANAMMCO (and IVM) can/should bolster a high extent of automobile needs of the SE States, the nation and Sub-Saharan Africa, in this way giving various immediate and roundabout occupations for our teaming unemployed.
PROFORCE: Another company that is a force to reckon with in Nigeria's auto sector is a company known as Proforce. Proforce Ltd or simply Proforce was incorporated in 2008 as an all-out defense solution provider specialized in armored vehicles manufacturing and individual security. The company’s focus is on the conveyance of confidence in defensive mobility.
As indicated by the company, they guarantee to have built up a vibrant market for security and versatile defensive products within Nigeria and Africa.
Proforce has exploited profound specialized expertise to convey exceptional security answers for Government Agencies, Corporate Bodies, Diplomatic Communities and the Private Division within Nigeria and Africa.
Their assembly plant is located at Ode-Remo, Ogun State, and the type of vehicles they produced incorporates armored vans and buses.
Within the country's terrain, it is assumed that these companies are in one way or the other competing with each other. This is considered a healthy drive and situations like this most times give birth to stunning technological breakthroughs and sophistication of business products. By keeping this competition healthy, there's hope for Nigeria and Africa as a whole to one day make groundbreaking exploit in science and technology. To the sagacious hopefuls and nontribal individuals of Nigeria, this is the change we've been waiting for.
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