'Innoson breached agreement' -- Imo government counters N2.5bn debt claims | TheCable

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‘Innoson breached agreement’ — Imo government counters N2.5bn debt claims | TheCable

PRESIDENT BUHARI RECEIVES IMO GOV HOPE UZODINMA 4A&B. The Executive Governor of Imo State. Senator Hope Uzodinma briefing the State House Press Corps after an audience with the President at the Presidential Villa Abuja. PHOTO; SUNDAY AGHAEZE. SEPT 1, 2020The Imo government says the claims by Innoson Vehicle Manufacturing Company 0ver N2.5 billion debt are “distasteful and cheap blackmail”.

It said the state government had purchased various IVM vehicles — including the parts which it manufactured, sold, and delivered — worth N2.54 billion and refused to make payment “despite repeated demands and appeals”. He said contrary to the claims, the management of Innoson Vehicles breached the contractual agreement with the state government regarding the sale and maintenance of the vehicles.

 

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Innoson Vehicles sues Imo government over N2.5bn debt | TheCableInnoson Vehicle Manufacturing Company says it has filed a lawsuit against the Imo government over its failure to pay a N2.54 billion debt owed to the firm. Cornel Osigwe, head, innosonvehicles Hope_Uzodimma1 GovtOfImoState The state can pay it off without any hassles, why won't they just do it to encourage the man and the thousands of Nigerians that make their living from the company? innosonvehicles Hope_Uzodimma1 GovtOfImoState Uzodinmma is destroying everything in our land. innosonvehicles Hope_Uzodimma1 GovtOfImoState Sterling_Bankng , I'm here to report a problem I'm facing at sterling bank zaria road branch kano, Those responsible for debit card refused to accept my request for debit master card, honestly speaking I'm not happy with how your incompetence staff treated me What a disgrace!!!
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Innoson Motors sues Imo govt over N2.5 billion debtThe company says it is having difficulties in fulfilling its loan repayment obligations to banks because of the debt by the Imo government. Nigeria why? Provide jobs, no, serve those that are providing jobs well, no. Oh Lord, please give us good leaders. Amin. What a disgrace, you want to kill your brother business? Owing a Nigerian operating under harsh economy 2.5 billion naira is nothing but taken him out of business and send many people out of job. Most of our politicians are just wicked!
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Innoson sues Imo govt over debt servicingNigeria’s indigenous vehicle manufacturing company, Innoson Vehicles Manufacturing, has filed over N2.5bn lawsuit against the Imo State Government over its failure to pay or service the debt of N2.547 billion. Shishi....hope no go give am😂 That man need to be killed
Source: MobilePunch - 🏆 8. / 63 Read more »