The Pride of African Roads: The Innoson Motors Story

🚘 He started with ₦3,000. Today, he builds cars for Africa.
This is the extraordinary story of Innocent Chukwuma, founder of Innoson Vehicle Manufacturing (IVM) — Nigeria’s first homegrown automobile company. From spare parts in Nnewi to an auto empire changing Africa’s roads, this is a story of vision, grit, and impact.

🎥 In this AfriWealthWise documentary, you’ll learn:

How Chukwuma built Nigeria’s first car company
Why Innoson is battling import dependence with innovation
How over 7,000 Nigerians now work at IVM
Why Made in Nigeria matters more than ever
What it takes to build generational wealth through industry
This is more than just a car company — it’s a symbol of what African entrepreneurship can achieve.

00:00 Intro: Nigeria’s Car Revolution Begins
01:35 The Early Days: From ₦3,000 to Spare Parts
02:44 Fighting Tokunbo: The Vision to End Imports
04:08 Birth of Innoson Motors (IVM)
04:30 IVM’s Rise: First Cars, Buses & Military Contracts
08:11 Challenges: Banks, Imports & Power Outages
10:53 National Impact: Jobs, Factories, and Exports
13:20 The Future: Electric Cars & African Expansion
15:25 Final Message: Build Africa, One Bolt at a Time


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DISCLAIMER: We are not journalists, and this video is based on publicly available research. We are not financial advisors, and the information provided here does not constitute financial advice. All content is used in accordance with fair use guidelines. For further details, please contact us.

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