…NADDC says Tinubu will support genuine investors
The Nigerian Senate Committee on Industry led by the Chairman, Senator Francis Fadahunsi and the Director-General of the National Automotive Design and Development Council (NADDC), Chief Joseph Oluwemimo Osanipin have commended Kojo Motors for its foray and pioneering strides in local automobile assembly and natural gas technology after many decades of automotive business.
The visiting teams gave the commendations during an oversight visit to the ongoing multi-billion naira Kojo automotive assembly and auto gas facility
plant, Umunya along the Onitsha -Enugu Expressway Anambra State.
The visit was aimed at evaluating progress in the implementation of Nigeria’s automotive policy and the growth of indigenous auto manufacturing capacity and how best the Federal Government can assist indigenous auto assemblers.
Welcoming the delegation, the Chairman and CEO of Kojo Motors, Chief Ikenna Oguegbu expressed delight over the lawmakers’ visit, describing it as a morale booster for local investors like him that are strongly committed to strengthening Nigeria’s industrial base. He said that, the Kojo Auto Assembly Plant resonates with the Renewed Hope Agenda of President Bola Tinubu administration.
During the facility tour, the team were given an overview and blueprint project. They were also taken round for inspection of the various OMAA and Yutong model of vehicles that run on Compressed Natural Gas as well Fuel and Hybrid technology which enables vehicles to run on cleaner and cheaper fuel alternatives.
Speaking during the visit, the Director-General of NADDC lauded Kojo Motors for aligning with the Federal Government’s National Automotive Industry Development Plan (NAIDP) and for its investment in gas-powered mobility.
“Kojo Motors has demonstrated that local assemblers can play a vital role in Nigeria’s journey toward sustainable industrialization. Their work here proves that innovation and local production can go hand-in-hand,” the NADDC DG said.
The Senate Committee Chairman also lauded the untiring entrepreneurial spirit of Kojo chairman describing him as a model for indigenous industrial development.
He emphasized that the National Assembly would continue to support policies that encourage local manufacturing and cleaner energy adoption in transportation.
“We are impressed by what we’ve seen. Kojo Motors represents the kind of progress and private-sector drive that can redefine Nigeria’s industrial future. This is what we want to see replicated across all states,” he said.
Kojo Motors’ founder, Chief Ikenna Oguegbu in said that, the huge multi-billion naira project re-affirms the company’s commitment to expanding local capacity and job creation through technology-driven assembly operations with other positive business spin off effects within and around the vicinity.
He noted that the firm’s gas facility upon completion will not only support Nigeria’s energy transition, but will also offer consumers an affordable and eco-friendly transportation alternative.
About Kojo Motors
Kojo Motors is a leading indigenous automobile assembly and distribution company dedicated to promoting local content, job creation, and sustainable energy solutions within Nigeria’s automotive industry. The Automotive Conglomerate has branches across Nigeria.
