[News] LASG Unveils Joint Venture with CIG Motors to Set Up A World Class Motor Vehicle Assembly Plant And Kick Start ‘Lagos Ride’ Taxi Scheme

On Thursday, 4th of March 2021, the Executive Governor of Lagos State – Babjide Sanwo-olu announced the official joint venture between the Lagos State Government and CIG Motors Company Limited to establish a world-class Motor Vehicle Assembly Plant in Ogba. The event also witnessed the official commissioning of the first 1,000 cars for the new transport scheme – “LagosRide”

The first order of the day was the  legal agreement for the establishment of the automobile plant, put forward by the CEO of Ibile Holdings Limited Mr Abiodun Amokomowo representing Lagos State Government, and the Vice Chairman of CIG Motors, Dr. Linus Idahosa representing CIG Motors Co. Limited.

Thereafter, Governor Babajide Sanwo-Olu and Chairman of CIG Motors, Chief Diana Chen led the guests to the unveiling of the   automobiles comprising the GAC GS3 (Mini-SUV) that will kick off the initial phase of the new LagosRide project.

Chief Diana closed out the event by emphasizing the mission of GAC Motors, and the promise of a mobile Lagos through the new venture.