The Coalition of Southeast Youth Leaders, COSEYL has urged the Federal Government to make vehicles and cars manufactured by Innoson Motors the official brand to be used by all government agencies and bodies.
Observing that the local automobile producer having produced SUVs and cars that can compete with the best in any part of the world, the group said that patronizing the brand will be a channel towards growing the national economy.
The group in the statement issued on its behalf by its president-general, Chief Goodluck Egwu Ibem said:
“Having succeeded in manufacturing Jeeps, cars and vehicles that can compete favourably at the international market , we believe is time to support and encourage our own made in Nigeria cars in order to reduce excessive importation of cars and vehicles from other countries that has caused the country unfavourable balance of payment.
“As we all know, excessive importation of goods and services into the country destroys the economy of our nation as local firms will be out of business and the resultant effect will be unemployment of Nigerian citizens and economic depression. But when we encourage local manufacturers and enterpreneurs, we have a robust economy that will create more employment opportunities for Nigerian citizens.
“The chairman/CEO of Innoson Motors, Chief (DR) Innocent Ifediaso Chukwuma has provided employment for our teeming youths , women , men and has enhanced Nigeria’s earnings through his establishment. He has solved the country’s myraid of problems by providing jobs and employment for it’s citizens. His business have greatly reduced crime in the society as youths who would have been induced in crime because of lack of job are gainfully employed in his establishment.
“If we must fix the economy , the federal government must support and strengthen local investors and manufacturers to stand and compete favourably in the international market. We cannot be using cars and vehicles manufactured by other countries , pay taxes and excise duties for buying those vehicles and expect the economy to grow. The balance of payment will be unfavorable when we buy more from other countries without also exporting enough goods and services to other countries.
“We commend the Executive Governor of Enugu state, Gov. Ifeanyi Ugwuanyi for purchasing large number of vehicles from Innoson Motors for security agencies in Enugu state. What the governor did is commendable and we call on other governors to emulate him.
“The Anambra state house of Assembly members who insisted to use Jeeps manufactured by Innoson motors as their official cars is quiet commendable.
“We therefore call on the federal government to look into adopting Vehicles manufactured by Innoson motors critically in order to save the economy from balance of payment deficit in the future.”