Innocent Ifediaso Chukwuma | |
---|---|
Born | 1961 |
Nationality | Nigerian |
Occupation | Business magnate |
Known for | Founder of Innoson Vehicle Manufacturing (IVM) |
Honours | Officer of the Order of the Federal Republic (OFR) |
Chief [1] Innocent Ifediaso Chukwuma CON (born 1 October 1961) is a Nigerian business magnate and investor. He is the founder and CEO of Innoson Vehicle Manufacturing, (IVM) Nigeria's first indigenous automobile manufacturing company. [2] [3] [4]
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] He was born on 1st October 1961 in Uru-Udim Nnewi, Anambra State. [6]
In 1978 after he was done with secondary education he applied to study Engineering in the University but while waiting he realized he did not meet the cut off mark. He later went to help his elder brother Gabriel out in his medicine store. [7]
with his brother he realized he had a natural talent for trading. In 1979 he became an apprentice for Chief Romanus Eze Onwuka who was the biggest motorcycle part seller in Nenwi market back then. [8]
In 1980 he left his boss back to his brother and registered a business called Gabros International which was funded by his brother Gabriel with the sum of 3,000 in Naira. [9]
In 1981, after his education, Innocent began trading in spare parts, a very lucrative business in South East Nigeria. He then founded the company Innoson Group with Innoson Manufacturing, Inn oson Tech. & Industries Co. Ltd as its subsidiaries in 1982.
He began to import motorcycles and disassemble them then on arrival assemble them again making him slatch
the price of motorcycle by 40% of the actual selling price then. As he imported the motorcycles he noticed they had alot of plastics which prompted him to start up a plastic factory which is now one of the biggest in Nigeria. [10]
In 2007 Innoson Vehicle Manufacturing (IVM) was established. The headquarter is in Nnewi Anambra Nigeria.(IVM) is also known as the Pride of African Roads.
(IVM) has started producing vehicles for the Army, Police as well as spare parts for Jets and others. In October 10th, 2015 President Goodluck Johnathan assured him of patronage from the Government.
In 2013, he was appointed Deputy Chairman, Board of Trustees National Coalition for Jonathan/Sambo Presidency, a group setup to promote the election of the former Nigerian president, Goodluck Jonathan. [11] Some States Governments like Enugu, Imo, Ekiti, Imo, Gombe, Anambra have kept on their patronage. [12] IVM was awarded the 2023 Auto Plant in Nigeria. He got an Award for the role he played in the manufacture of Compressed Natural Gas (CNG) powered vehicles in Nigeria. [13] Innocent embarked on a multi-billion naira IVM plant annex commissioned in the first quarter of 2024. [14]
He experienced huge patronage from Buhari Administration. His vehicle factory can manufacture all brands of vehicles. [1] He got the auto personality award instituted by the Nigeria Auto Journalist Association (NAJA). He is married to Ebele Chukwuma and they are blessed with children. He has won numerous awards in Nigeria and has the honor of being the officer of the order of the Federal Republic of Nigeria. [15] He lives in Anambra State
Innoson sued Guaranty Trust Bank PLC in the High Court of Federal Capital Territory, Abuja, claiming a total sum of 400billion in Naira for damages for their reputation. [18] On 6th February, 2014 GTBank appealed against the judgement at the Court of Appeal Ibadan Division.
Anambra State is a Nigerian state located in the South-eastern region of the country. The state was created on 27 August 1991. Anambra state is bounded by Delta State to the west, Imo State and Rivers State to the south, Enugu State to the east and Kogi State to the north. The state's capital is Awka, while the state’s largest city is Onitsha which is regarded as one of the largest metropolis in Africa. Nnewi is the second largest commercial and industrial city in Anambra State, and also a known automobile hub within Nigeria and Africa.
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