Governor Hope Uzodimma has stated that the Imo State Government’s contract with Innoson Vehicle Manufacturing (IVM) for the supply of various brands of their products, was in the spirit of support and promotion of local content.
His Excellency stated this yesterday, while fielding questions from the press after his meeting with the Managing Director of Shell Petroleum Development Company of Nigeria (SPDC).
According to His Excellency, Innoson Vehicle Manufacturing (IVM) reneged on an agreement it entered with the State Government for the establishment of a Technical Service Workshop Center in Imo State, for the servicing of the supplied vehicles.
IVM non-compliance to the contract has led to the grounding of over 70% of the supplied vehicles. However, the Governor stated that the State Government is open for resolution of the difference for the interest of both party but he will not indulge in mismanagement of public funds.