Nigerian government partners with Innoson on spare parts production
The Federal Government, through the National Agency for Science and Engineering Infrastructure (NASENI), has signed an agreement on spare parts production with Innoson Vehicle Company.
The deal is to commercialise automobile research results and prototypes in NASENI to finished products.
Under the agreement, Innoson Vehicle Manufacturing Company will take-up all automobile research and development(R&D’s) results at NASENI and convert them to automobile products for the markets including getting some of them ready for exports.
Executive Vice-Chairman/Chief Executive Officer (CEO) NASENI, Prof. Mohammed Haruna made this known in Abuja at the signing of Memorandum of Understanding between NASENI and the CEO of Innoson, Chief Innocent Chukwuma.
He said: “On several occasions, Innosen has challenged us on materials that he imports. He promised not to import if we can produce them.
“Today couldn’t have been a happier day, you know 2020 has been a different year all together but for NASENI, this singular event is wiping all the year came with.”
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Wow! Nice one! This is the First time I'm hearing of the Nigerian government involving or lending a helping hand in R and D in any sector.
ReplyDeleteThis kind of news shows that Nigeria is moving forward, in some sectors though.
Yes, it shows progress.
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