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Tokunbo Vehicle is the local name ascribed to used vehicles imported from Europe in Nigeria. [1] The word 'Tokunbo' is a unisex name given to children of Yoruba heritage born overseas. It literally means 'born overseas' or 'born across the sea'.
Like Volkswagen, PAN began production in 1975 with inputs shipped in bits and pieces from abroad. The equity distribution was Peugeot Citroen (40%), Nigerian government (35%), Kaduna State (10%) and Nigerian Industrial Development Bank (5%). At onset, the cars were priced affordably and it became a popular car among the middle class.
[1] Innoson Vehicle Manufacturing Co. Ltd. (commonly shortened to IVM) is a Nigerian automobile manufacturer headquartered in Nnewi, Anambra, Nigeria. It was founded by Chief Innocent Chukwuma Nwala. [2] [3] [4] Innoson Vehicle Manufacturing is nicknamed Pride Of African Roads.
Innocent Chukwuma was born into the family of Chukwuma Mojekwu. He is the youngest child in a family of six (4 males and 2 females). His dad is Chukwuma Mojekwu he was a government worker, while his mum Martina Chukwuma was a stay at home mum. [5]
The Izuogu Z-600 prototype was the first indigenous Nigerian car, and the first automobile of indigenous all-African technology. It was the brainchild of engineer Ezekiel Izuogu. [1] Launched in 1997, the car caused a stir in the Nigerian media, and was touted by the then Nigerian chief of Staff General Oladipo Diya.
A viral video of the toddler's reaction shows him sprinting down the aisle to hug his mom. "I couldn't even believe it was happening," Kristie tells PEOPLE. "It completely diverted my feelings of ...
Cletus Ibeto started out as a spare parts import dealer, after spending some time as an apprentice in the motor parts business, a gradual step taken by many eastern traders. In March 1988 he stopped direct importation of lead-acid automotive battery and plastic motor accessories, after completing his factory in Nnewi. By 1995 The Ibeto Group ...
Kiriku alongside his brother bought two Mercedes Benz cars for their parents in 2022, as a token of appreciation. [18] [19] Citing his reason for buying a car for his parents as being that his father's car had become too old and faulty over the years, and he had always dreamed of getting his father a new car once he had the financial capacity to.