Innoson insists Imo govt yet to pay N2.5bn debt

Nigerian indigenous automobile company, Innoson Vehicle Manufacturing, IVM has maintained that the Imo State Government is yet to pay N2.5 billion debt for the purchase of various IVM vehicles including their parts from the company.

This is coming against the backdrop of a press statement issued by the Commissioner for Information and Strategy, Declan Emelumba on behalf of the Imo State Government.

Emelumba had alleged that the state government has serviced over 70 percent of the debt.

But in a swift reaction, IVM’s, Head, Corporate Communications and Affairs
Cornel Osigwe, noted…

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