UNILAG-Nord auto plant partnership excites FG, Mamora offers support – Newstrends
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UNILAG-Nord auto plant partnership excites FG, Mamora offers support

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Minister of Science, Technology and Innovation, Senator Olorunnimbe Mamora, has expressed excitement over the establishment of an auto assembly plant that can also produce drones in the University of Lagos by Nord Automobile Limited, an indigenous auto firm.

He commended the partnership between the university and Nord during the inauguration of the multi-purpose automobile complex in Lagos on Thursday, describing the initiative as “a demonstration of abundant innovative energy of the youths of this country”.

Mamora said the project was in line with the motive behind President Muhammadu Buhari’s recently signed Executive Order 5, “which essentially has to do with indigenous components across all sectors of the economy. That is what we are putting into practice. And this project is part of that.”

Speaking on the drone technology, the minister said, “This is relevant in many areas even in delivery of drugs and in the area of security. It can be used to gather information that will be needed to move forward.”

He promised the support of the ministry to ensure the sustainability of the venture, stressing that such partnership was needed for the economic growth of the country.

Lagos State Governor Babajide Sanwo-Olu, represented by Lola Akande, Commissioner for Commerce, Industry and Cooperatives, said the automobile complex provided “a hallmark of hope” for progress.

He said, “The opportunity you have provided our youths and the general citizenry by setting up this assembly plant here in Lagos is greatly appreciated by us. This is in line with the goal of our administration of providing conducive business environment for the good people of the state to operate.

Outgoing Vice-Chancellor of UNILAG, Prof Oluwatoyin Ogundipe, said the university decided to sign a Memoradum of Understanding with the Nord team having found out the immense benefits of the project to the school.

He said, “We entered into an MoU with Nord so that our students can get their training through this platform; the academic staff too can get their exposure through this platform. It is not only the staff in the Faculty of Engineering that will benefit from this, even those in the departments of architecture, finance, marketing and every other department that has relevance to this project.”

Ogundipe said with the inauguration of the automobile complex, the university would now start assembling cars, buses and other vehicles, depending on the demand.

He also said microfinance banks would collaborate with the team so that any member of staff needing a new car could now approach the MFB, have an agreement with them and could be paying the money in instalment.

He also said, “We are going to be manufacturing drones in this same place. They already have an agreement with the Nigerian Air Force. And I want us to know that our students will learn something new in this area of drones and other things that will come from this particular arrangement.

“I’m convinced that very soon this venture will be recognised all over the world. This will be the first time that a Nigerian university in Africa will be having an automobile-making company in such a way that it will train our students, expose our staff to practical skills and also make our staff to get new cars at affordable prices.”

Chief Executive of Nord, Oluwatobi Ajayi, said the new automobile complex, which he called ‘the end-to-end of automobile business, comprised the Research & Development centre, the manufacturing and assembling point, the showroom, and the after-sale centre.

He said, “Some of the things we intend to achieve here include to research and develop world-class auto technology. Research and development are the bedrock of advancement in technology. We need to take it seriously. This is better achieved in the university. And what better university can we have than UNILAG, right in the middle of town with brilliant students and lecturers and facilitators around here working with our team. This must be a marriage made in heaven.”

Ajayi explained that as a country with a large population and high gross domestic product, “we cannot continue to import what we use,” including vehicles.

The Nord CEO said, “We need to have a nationalistic view about things by being industrialised. Europe, United States and China have become powerful today because of their industrial powers. And the auto industry is the mother of all industries. It is the industry other industries thrive on.”

He thanked the UNILAG team for give his company the opportunity to make the project a reality, adding that Nord offers lovely pick-ups, SUVs and cars at 60% price of the popular brands.

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Carloha hits N’Assembly with Chery’s flagship SUV, others as Abuja Motor Fair begins Monday

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Carloha hits N’Assembly with Chery’s flagship SUV, others as Abuja Motor Fair begins Monday 

 

Carloha Nigeria has concluded all arrangements to storm the 2024 Abuja Motor Fair holding at the National Assembly Complex with the best of Chery vehicles, the brand’s cutting-edge technologies and eco-friendly innovations.

This year’s event is scheduled to take place from November 25 to 29, 2024.

The authorised dealer and assembler of Chery vehicles in Nigeria says it is excited to participate as the exhibition will provide it a remarkable platform to highlight Chery’s cutting-edge vehicles, including the premium Tiggo 8 Pro, the versatile Tiggo 4 Pro, the compact Tiggo 2 Pro, and the eco-friendly Arrizo 5.

It notes that as a brand committed to redefining mobility and enriching lifestyles, Chery’s presence at the fair will underscore its unwavering dedication to providing Nigerian consumers with vehicles that combine style, performance and advanced technology.

It promises visitors to the Chery stand an immersive experience as they explore the features and innovations embedded in each model.

Leading the line up of vehicles from the brand is the Tiggo 8 Pro, Chery’s flagship SUV, said to epitomise luxury and performance.

Designed with modern families in mind, the Tiggo 8 Pro boasts a spacious interior, intelligent connectivity, and advanced safety features.

It is found ideal for discerning customers seeking comfort, sophistication, and reliability.

The Tiggo 4 Pro is tailored for urban adventurers, combining a sleek design with robust performance.

This dynamic SUV offers the perfect blend of style, technology, and versatility, making it a favorite among young professionals and growing families.

The Tiggo 2 Pro stands out with its vibrant design, agile handling, and impressive fuel efficiency for those seeking a stylish yet compact option.

It is the ultimate choice for individuals looking to easily navigate cityscapes while making a bold statement.

Adding to the lineup is the Arrizo 5, a sedan that represents Chery’s innovative approach to green energy. Equipped with a dual-fuel (petrol and CNG) system, the Arrizo 5 caters to environmentally conscious consumers, providing both sustainability and cost efficiency without compromising performance.

Apart from the vehicles on display, Carloha says the Abuja Motor Fair will also serve as an opportunity for the firm to showcase Chery’s cutting-edge technologies, including intelligent driving systems, advanced safety features, and eco-friendly innovations. It adds that engaging demonstrations and one-on-one consultations will be available to visitors, ensuring a comprehensive understanding of what makes Chery a leader in the automotive industry.

“Participating in the Abuja Motor Fair underscores our commitment to delivering premium vehicles that meet the evolving needs of our customers in Nigeria,” said Mathew Enuoma Aje, Marketing Manager at Carloha Nigeria. “We are thrilled to present Chery’s diverse line-up, each designed to enhance driving experiences and offer unmatched value,” he adds.

The Carloha’s Sales Director, Mr. Joseph Omokhapue, is also quoted as affirming the company’s commitment to making Chery ownership easy, accessible, and affordable.

He highlighted Carloha’s exclusive offers, including a 6-year free service plan, a 6-year/200,000 km warranty, and flexible auto financing options.

“These benefits reflect Carloha’s unwavering commitment to our customers.

“With competitive pricing and 24/7 nationwide parts and service support, we ensure our customers enjoy their Chery vehicles with absolute peace of mind.”

He urged all Chery enthusiasts and potential buyers to visit the Chery booth to explore the range of vehicles on display, participate in interactive activities, and take advantage of exclusive offers during the fair.

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Excitement as Geely relaunches in Nigeria, names Coscharis Motors new partner

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L-R: Group Managing Director, Coscharis Group, Mr. Josiah Samuel; Chairman, House Committee on Industry, House of Representatives, Hon. (Dr.) Enitan Badru, and General Manager, Marketing & Corporate Communications, Coscharis Group, Mr. Abiona Babarinde, during the recent visit by members of the House Committee to Coscharis Assembly Plant at their Group headquarters office in Lagos.

Excitement as Geely relaunches in Nigeria, names Coscharis Motors new partner

  • Reps, NADDC teams visit Lagos assembly plant
  • Coscharis set to roll out new models

For lovers of sleek Geely vehicles, it is exciting time again as Geely Auto International Corporation has officially announced Coscharis Motors as its new partner in Nigeria.

Coscharis Motors, which has thus become the exclusive franchise representative of the Geely brand in Nigeria, says it is  ready to roll out the latest Geely models into the Nigerian market very soon as well as grant opportunity for owners of old Geely cars to trade them in for brand new models.

Speaking on behalf of Geely in Lagos, Head of Geely Auto International Middle East/Africa Business Unit, Scofield Wu, said, “We have carefully re-selected our representative in Nigeria, because we are looking for a partner with strong pedigree in the automotive sector in Nigeria that can deliver our brand promise, this we got in Coscharis Motors.

“Coscharis Motors shares our belief that the Geely models are the perfect fits to mitigate customers’ budget constraint especially those who require automobiles that are durable, reliable, technologically driven and have best aftersales offerings.

“This shared passion, along with their excellent reputation in the automotive industry, makes it the perfect partnership for Geely Auto International in Nigeria.”

Commenting on this partnership, the President/CEO of Coscharis Group, Dr. Cosmas Maduka, said, “We are excited to celebrate the confidence that Geely Auto International has reposed in us to represent them in Nigeria. Geely Auto is in sync with Coscharis Motors towards ensuring our corporate brand promise to continue to create value for all our stakeholders.

“This milestone marks another step in the evolution of the company towards remaining timeless in its relevance.

“We are committed to broadening our dealership’s scope to the public, and believe the Geely Auto brand provides a capable, refined and reliable vehicle option to our customers, especially in this economically challenging times.”

He also said, “With our pedigree and experience of the Nigerian market, it is clear to us that the Geely Auto brand is what is needed today to bridge the gap between luxury and budget auto brands available in market.

“The models, especially the All New Starry and GX3 Pro are game-changers in their respective segments. These vehicles have what it takes to meet customers’ expectations satisfactorily, especially government and companies who are looking at their middle management team and fleet vis-à-vis their bottom-line.

“At Coscharis Motors, we are excited to re-launch the new Geely Coolray and Emgrand in addition to bringing the very newest models to Nigeria. We look forward to those existing and new customers because these models are definitely going to stir things up.”

The official announcement of Coscharis franchise came with the visit of members of the House of Representatives Committee on Industry who, as part of their oversight functions, had a facility tour of the Coscharis Assembly Plant located at the group head office in Lagos where the new Geely variants are being assembled.

Chairman of the Committee who led the delegation, Rt. Dr Enitan Badru, said, “Our visit to Coscharis Assembly Plant is to have an on-the-spot assessment of the plant for us to be able to know in specific terms where they need our interventions in terms of enacting relevant laws to protect such investment.

“This surely will help us legislate on every support required to encourage such local organisations to further invest in our Country towards achieving the best intentions of the government of the day.”

Similarly, the Director-General of National Automotive Design and Development Council (NADDC) Joseph Osanipin, who was represented by the Director, Research and Development, Fidelis Achiv, who equally led his team to visit the Coscharis Assembly Plant, commended Coscharis on the assembly plant that has rolled out different brands and now delivering the Geely brand.

The agency promised to give all the necessary support to succeed in delivering the expected value for the country.

Group Managing Director of Coscharis Group, Mr. Josiah Samuel, who conducted the guests around the state-of-the-art assembly plant and the other facilities in the organization, declared that the plant could be compared to any global similar plant in the world.

He said, “With what you’ve seen here today, Coscharis has simply shown that if given the required support with the right conducive business environment, indigenous organizations like ours that have what it takes to compete in the global space will deliver world-standard vehicles going by our pedigree with globally respected automobile brands we represent in Nigeria.

“Coupled with the new Geely brand added to our robust portfolio, we believe our locally assembled Geely vehicles will do well in the Nigeria market.

“As an entity that believes in our country, Nigeria, we shall continue to do all in our space to sustain this local assembling of more brands from this plant as it also has the economic implications of creating more job opportunities both for skilled and unskilled labour that will definitely boost the country’s economy.”

The GMD of Coscharis said aside from delivering one of the unique selling propositions of buying a brand new Geely with a six-year warranty which is rare in the automotive sector, Coscharis Motors is set to embrace all the existing customers concerning their aftersales needs while offering them trade-in options, in order to facilitate easy ownership of the new or latest models.

According to Coscharis, in a statement by its Abiona Babarinde, Group General Manager, Marketing and Corporate Communications, now that the agreement with Geely Auto International has been sealed and delivered, it “will focus on readying its dedicated Geely Auto showroom across Nigeria with the first bases in Victoria Island, Lagos and Central Business District, Abuja, while the service workshop is set at Ikeja, Lagos.

“The interesting news for our customers is that these vehicles are now available with us to delight the Nigerian market,” the statement added.

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Soludo: Kojo assembly plant will make Anambra auto manufacturing hub

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Soludo: Kojo assembly plant will make Anambra auto manufacturing hub

 

Anambra State Governor, Professor Charles Chukwuma Soludo, has expressed optimism that the new Kojo automotive assembly plant at Umunya along the Enugu-Onitsha Expressway will not only boost the economy of the state but also reposition it as an automotive manufacturing hub.

The assembly plant nearing completion is expected to roll out its first set of vehicles under the Soludo administration soon.

The governor spoke at the just concluded Anambra State Investment Summit (ANINVEST 2.0) with Kojo Motors as one of the official partners and sponsors.

This year’s ANINVEST held under the theme “Changing Gears: Accelerating Anambra’s Economic Transformation”

was organised by the state government as a pivotal event in advancing the collective vision for rapid development of the state’s economy.

Speaking on the sidelines of the summit, Managing Director of OMAA, Chinedu Oguegbu, reiterated the plan of the company to invite Governor Soludo to commission the plant and drive the first locally assembled vehicle out of the Kojo Assembly Plant by the first quarter of 2025.

He said, “His Excellency is very passionate about the Kojo Motors auto assembly plant. He is very eager to see its completion and commencement of assembly of vehicles come to reality.

“I can assure him and the state government that we are doing everything possible to ensure we meet with the governor’s wishes and aspirations.”

The event brought together stakeholders from the various sectors of the local and global economy including industry leaders, development partners, financial institutions and other relevant participants, all united in a commitment to accelerating the economic transformation of Anambra State.

Anambra, according to the state governor, is fast becoming a renewed investors’ destination for different types of money bags rushing to the state to capitalise on the pledged ease of doing business to set up businesses.

“This time around, one of such massive investments is being undertaken by John Ikenna Oguegbu, an indigene of the state and chairman, founder and CEO, Kojo Motors Limited,” Chinedu Oguegbu said.

Last year September, Governor Soludo performed the groundbreaking ceremony of the Kojo Motors auto assembly plant for the local assembly of the OMAA range of gas-powered mini passenger and commercial buses as well as Chinese range of Yutong passenger and commercial buses.

While congratulating John Ikenna Oguegbu, chairman and chief executive of Kojo Motors Limited for bringing his wealth to his home state to invest. Governor Soludo also commended the Yutong buses manufacturers from China for the smart move of coming to Anambra State to set up the auto assembly plant in collaboration with the local franchisee.

The governor stated that the decision to allow prospective investors to come and invest in the state was not out of philanthropy or charity, but rather a business decision model that would take Anambra State to the world and bring the outside world to the state.

Governor Soludo pledged the state government’s commitment and patronage of the vehicles rolling out of the Yutong Assembly plant.

He declared that the state government under his administration was on course for massive industrial development, employment generation and prosperity for all its citizens.

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