The National Agency for Science and Engineering Infrastructure (NASENI), has signed a Memorandum of Understanding (MoU) with Innoson Vehicle Company to boost local production of spare parts.
The deal is to commercialise automobile research results and prototypes in NASENI to finished products.
Under the agreement, Innoson Vehicle Manufacturing Company will take-up all automobile research and development(R&D’s) results at NASENI and convert them to automobile products for the markets including getting some of them ready for exports.
Executive Vice-Chairman/Chief Executive Officer (CEO) NASENI, Prof. Mohammed Haruna announced this in Abuja at the signing of Memorandum of Understanding between NASENI and the CEO of Innoson, Chief Innocent Chukwuma.
He said: “On several occasions, Innosen has challenged us on materials that he imports. He promised not to import if we can produce them.
“Today couldn’t have been a happier day, you know 2020 has been a different year all together but for NASENI, this singular event is wiping all the year came with.”
“Today we are agreeing to jointly research and develop new solutions on whatever is needed in the industrial, automobile and other sectors currently not manufactured in Nigeria. With this, if we truly want to industrialise, we will need to ban the importation of whatever we can produce.”
