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FEC : FG Okays Purchase Of Twenty-one Innoson Vehicles Worth N660 Million For FRSC
FEC : FG okays purchase of twenty-one (21) Innoson vehicles worth N660 million for Federal Road Safety Corps FRSC.
The twenty-one (21) vehicles worth the sum of N660,422,220 is made up of 20 pickups and 1 City Bus.
Federal Government said that the contract was awarded to Innoson Motors to encourage local industries.
The Federal Government (FG) on Wednesday approved a contract worth Six Hundred and Sixty Million Naira to indigenous automaker, Innoson Vehicle Manufacturing (IVM), to supply 21 vehicles to the Federal Road Safety Corps (FRSC).
Information Minister, Lai Mohammed, disclosed this to newsmen at the end of the weekly Federal Executive Council (FEC) meeting, which was presided by Vice-president Professor Yemi Osinbajo, at Aso Rock Villa.
He confirmed that the “contract was in favour of Messrs Innoson Manufacturing Company at the sum of N660,422,220 and it’s made up of 20 pick-up vehicles and 1 City Bus”.
According to the Information Minister, the contract was awarded to Innoson Vehicle Manufacturing to encourage local industries.
“it is in the spirit of encouraging our local industries that the contract was awarded to Innosons Motors”.
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