Innoson Motors Sign Distributorship Deal With CRWatch Resources For Cross River And Akwa Ibom

In Breaking News, Business & Economy, National News, Reports

By Margaret John

The management Innoson Motors has signed a marketing and distributorship deal with CRWatch Resources as the distributor of the company’s vehicles and parts in Cross River and Akwa Ibom states.

The deal which was signed on August 7th, 2018 in Nnewi Anambra State, by the Chairman/CEO of Innoson Vehicle Management Co. Ltd, Chief Innoson Chukwuma and the CEO of CRWatch Resources, Agba Jalingo, granted the management of CRWatch Resources permission to sell the products of the Innoson Brand, in the afore mentioned states.

In a letter of introduction, the management of IVM expressed its approval of CRWatch Resources capability to meet the demands of the deal, stating that, “having met all requirements and found to be a partner in the growth and development of the IVM brand, the management of the company has approved CRWatch Resources as an official distributor and marketer of vehicles and other vehicle parts under the IVM brand in Cross River and Akwa Ibom states.”

In response, the CEO of CRWatch Resources expressed satisfaction with the development and said it was a landmark achievement that is clearly diversifying and expanding the scope of business for the company. He added that the new line of business will not only distinguish the company as a brand that is keen about adding value but also ambitious about creating wealth.


“We are very delighted and satisfied with the terms of this deal. We also want to express deep appreciation for the Chairman of Innosson for having confidence in our ability to pull this through. He is a great Nigerian who believes in the potentials in this country and he has demonstrated that in the level of confidence he has in us. We also want to make it clear that we are not just a publishing company but also a business concern with interest in other ventures as well and wealth creation.”

Highlights of the meeting included a tour of the IVM facility, as well as test run of the vehicles for marketing and distribution.

Innoson Vehicles Manufacturing is the first indigenous manufacturer of vehicles in Nigeria and presently has over 33 different brands of IVM vehicles in the market.

The company presently enjoys patronage from the Nigerian Army who presently use the IVM military trucks and Armored Personnel Vehicles in Sambisa, hardwares for the Nigerian Airforce as well as members of the National Assembly and Royal Fathers across the country.

Click here to see more.

You may also read!

NUJ Rejects Governor Otu’s Imposed General Manager On State-owned Chronicle Newspaper, As Controversies Trails

By Patrick Obia The Nigerian Union of Journalists (NUJ), Cross River State Council has refused to accept a non-media

Read More...

All State And Local Government Workers, Pensioners Should Be Paid Immediately – Otu Directs

By CrossRiverWatch Admin The Governor of Cross River State, Senator Bassey Otu has directed the immediate payment of all

Read More...

It Takes More Than Courage To Challenge Institutions… BY AGBA JALINGO

Courage may be simply explained as the ability to go ahead and do something that frightens you or the

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu

Share this now