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On 20 May 2022, Innoson presented its first "Keke". Kekes are three-wheeled motor vehicles and the main means of transport in Nigeria. They have so far been imported from the Far East and usually cost about 800,000 Naira or 1,600 Euros. Innoson announced a selling price of 500,000 Naira or 1,000 Euros.
The company started with the 504 model and later introduced the 505 in 1980. But when the economy went through a downturn, partly caused by drop in oil prices, newly introduced fiscal policy such as foreign exchange and import controls made it hard for manufacturers to source foreign currency making the cost of production rise. [6]
Since 2019, Jiji has been operating in five African countries: Nigeria, Kenya, Ghana, Uganda, and Tanzania after buying OLX Africa. [citation needed] In 2020, the company launched website and app in Ethiopia. In June 2021, Jiji has acquired an automotive company Cars45 in Nigeria, Kenya, and Ghana. [13] [14]
Unlike a pickup truck, The list includes minivans, passenger vans and cargo vans. Note: Many of the vehicles (both current and past) are related to other vehicles in the list. A vehicle listed as a 'past model' may still be in production in an updated form under a different name, it may be listed under that name in the 'currently in production ...
Nigeria’s transport network has expanded in recent years to accommodate a growing population. The transport and storage sector was valued at N2.6trn ($6.9bn) in current basic prices in 2020, down from N3trn ($8bn) in 2019, according to the National Bureau of Statistics (NBS). This was reflected in a lower contribution to GDP, at 1.8% in the ...
Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. As of 2015 Nigeria has the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's ...
Payload capacity is 3,925 lb (1,780 kg), [4] similar to the GMC/Chevrolet cargo van using the same "3500" designation, and informally known as a "one-ton". It was also the only weight class offered in passenger van configuration (with up to 12 seats). Unusually, the latter was offered either with a V6 or a V8, unlike its V8-only cargo counterpart.
It is available as: Van, cabin cruiser, Combi, Minibus, Agile, and CNG. The minibus is also commercialized with the Irisbus brand. Certain models with clean engines have been sold as the "Iveco EcoDaily" in some European markets. [14] For the first time since the year 2000, an all-wheel-drive version of the Daily is available starting from 2007.