By: Rahaman Abiola
In 2022, Innoson Vehicle Manufacturing (IVM), Nigeria's first indigenous automobile manufacturing company, secured a $4.7 million deal to supply vehicles to the government of Sierra Leone, as ordered by the Sierra Leonean Ministry of Defence. The automobile company, established in 2007 by Innocent Ifediaso Chukwuma, a Nigerian businessman and entrepreneur based in Nnewi, Anambra State, produces a range of buses, cars, and trucks using approximately 70% locally sourced components.









