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Lagos Partners CIG Motors To Acquire 5,000 Vehicles For Transport Sector [PHOTOS]

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The Lagos State Government has entered into a partnership with CIG Motors Company Limited to procure 5,000 brand new vehicles for its transportation system.

The agreement was signed at the Government House in Alausa, Ikeja, on Monday. Governor Babajide Sanwo-Olu revealed that Ibile Holdings Limited, a state-owned entity, played a crucial role in facilitating the partnership.

The project aims to revolutionize road transportation in Lagos, generating employment opportunities and stimulating economic growth for the state’s residents.

“Today, we’ve used our investment outfit called the Ibile Holdings and I think I need to thank them, the current management staff, for responding quickly to their bill to use our investment vehicle, the Ibile Holdings to execute what we believe will be a very successful joint venture,” the governor said.

“The joint venture between the Ibile Holdings and CIG Motors and CIG Motors Company Limited, GAC Motors, especially the brand, in the acquisition of 5,000 new vehicles within our land border.

“We started the first 1,000. We’ve seen how we did. We’ve provided jobs to our people. We’ve created an e-hailing service. But we realise that we need to tweak it.

“We need to provide a lot more fleets and we need to also push the brands to be more acceptable and to be able to move around in different groups and brands of the state.

“In that goal, the first order of vehicles was to see 2,000 coming and in that 2,000, we will be having electric vehicles. That has been the conversation.

“Also these vehicles, we imagine, will begin to change the carbon footprint that we’ve all been talking about as in the future of transportation, as in the future of energy transition, the future of climate change, until we don’t want to take the vaccine.”

Sanwo-Olu also announced plans to introduce carpooling and logistics services, as well as executive chauffeur and rental services, to complement the new transportation system.

“We’re actually a city that is proactive and that lives with other big and major cities of the world and so you will see that this partnership is not just an e-hailing service,” he added.

“It’s also to provide smart taxes for us to be able to do what we call carpool, for us to be able to solve logistic problems, for us to be able to solve delivery problems, and for us to also have executive chauffeur and reliable rental services.”

Sanwo-Olu added that the state plans to venture into air transportation.

“I think the only vertical, which I’m also going to announce here, is that we want to go into air transportation and for us, that will very quickly encircle everything in public transportation that you can imagine in the world,” the governor said.

“Lagos state is also looking at that and we’re doing extensive study, so when we say that we want to build an airport, we just don’t want to build an airport.

“We want to go into that means of transportation and begin and be able to do it and do it very, very well.”

Diana Chen, chairman of CIG Motors, expressed her excitement and honour to partner with the Lagos state government.

Chen commended the governor for his vision and commitment to developing the state’s transportation infrastructure.

She highlighted CIG Motors’ achievements in Nigeria, including the setting up of a fully automated assembly line for automobiles and the delivery of the first affordable brand new cars in the country.

Chen emphasised the company’s belief in keeping promises and delivering on commitments, despite challenges.

“This is our world. We keep our world as our mind. So, come this stage, we have another new and significant key partnership agreement signed today,” Chen said.

“I emphasise that this is an agreement. It’s not an MOU. That means it’s a really official authority and another highly competitive signing today.

“We, all our team here, even our great partner, Mr. Wang, he comes from China, representing JC International. They are giving us full support for this project. Our bank finance, our bank’s people, right? Your people, you know, this is a huge project.

“Mr. Henry, you know, we work together to raise the money from the capital markets. So, they are all my allies. They are all my allies to make sure this project must deliver in the next three, five years.

“In the next three to five years, we are talking to embark over 1 billion brand new cars driving on our east passport. With that 1 billion brand new cars driving on this passport, every chip, think about how much the economy will be.

“So, the GME of that project, we are talking very simple. Within five years or seven years, 1.3 billion USD, that’s our target for the team. We are talking about this one because we have a very strong sense of commercial business analysis.

“That’s why we are able to challenge that. Just contribute 20% GDP. The rest of our business people, our expertise, our international technology partner, to make sure with the deal of this project, we will help the country to revive the economy.”

BIG STORY

Coup Plotters Marked Me For Arrest, Assassination —- Defence Minister

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The Minister of Defence, Gen. Christopher Musa (retd.), on Sunday disclosed that he was among the intended targets of the recently foiled coup plot against President Bola Tinubu, revealing that the conspirators planned to arrest or shoot him if he resisted.

Musa made the disclosure while speaking as a guest on Politics Today, a Channels Television programme, where he also described the suspects behind the plot as “a bunch of very unserious individuals.”

While admitting that he played a key role in helping security agencies nip the plot in the bud, the former Chief of Defence Staff said he was personally marked for arrest by the plotters.

“I was also a target, I am sure you know. I was supposed to be arrested, and if I refused, I was supposed to be shot,” he said.

“But that’s the job. Anybody who goes into a coup zeroes his mind because he knows if he succeeds, good.

If he doesn’t succeed, whatever consequences come, you are ready for it.”

Musa dismissed the capacity of the suspects to successfully challenge the Nigerian state, saying their actions showed a complete misunderstanding of Nigeria’s democratic history and the strength of its armed forces.

“But again, I think these guys were just a bunch of very unserious individuals that I really don’t know. If you look at the calibre of the individuals, I really don’t know what got into their heads to think that they could take on the armed forces like that,” he said.

He added that even without the intervention of the military, Nigerians would have resisted any attempt to overthrow a democratically elected government.

“What I even said was that even Nigerians would have fought them. Even without the armed forces, Nigerians would have stood against them. Remember how Nigerians fought against the military rule for quite some time. And that’s why Mr. President has always been one of them.

“So now, for them to think they could just wake up one morning and do that in Nigeria, I think something went wrong in there. They need to reset their brains.”

Speaking on the arrests made so far, the Defence Minister said most of those involved had been apprehended, with only “maybe one or two” still at large.

“So far, most of them have been caught. If there’s anyone, maybe one or two. It just started from the colonel himself, who felt disgruntled because he was not promoted. He didn’t meet the marks to be promoted,” he said.

Musa explained that the plot was driven largely by personal grievances, noting that the armed forces’ promotion system is strict and merit-based.

“You know that the armed forces is really very strict about its promotions system. But he didn’t make it. So what he decided to do was probably go around, look at other people that had one issue or the other…with the aim of bringing them in,” he said.

Expressing concern for junior officers allegedly drawn into the plot, Musa said, “My pain is all those young officers who didn’t understand what was going on that he put in this mess. Now they have to face the consequences.

“So everything evolves around him as an individual. But he was just a colonel. I can’t even imagine a colonel ever thinking of doing such a thing.”

The Defence Minister stressed that executing a coup in modern-day Nigeria was virtually impossible, unlike in the past.

“That was in the past. That was Nigeria of yesteryears. It’s impossible,” he said, adding that security agencies relied on verified facts, not speculation, before acting.

“If there’s a situation where you hear that somebody is trying to do something and you walk in, what facts do you have because you are going to go to the courts? If you can’t present it in the courts, then they throw you away. And then you look stupid.”

He said the investigation was thorough and collaborative, involving multiple intelligence agencies to avoid indicting innocent officers.

“Since I was there, I was the one who inaugurated the board. I made sure the board started. We sent them to DIA to do a thorough investigation along with the NIA, DSS, and every other person. So it’s a holistic investigation that was carried out because we didn’t want any innocent person to be indicted,” Musa said.

He dismissed claims that the plot was driven by dissatisfaction with the current administration, insisting it predated Tinubu’s inauguration.

“These things were planned even right before the president took office. So it was a plan they had ahead of him since they knew he was the one who won the election,” he said, describing the development as “quite unfortunate.”

Musa further noted that past coups succeeded only with the backing of top military commanders, a factor completely absent in the current case.

“If you remember, during those days when they had coups, you had to have most of the big boys like the GOCs and service chiefs…You don’t have any of such. They are just very low-ranking individuals that have no access to some of these things,” he said.

“For anybody to want to truncate democracy in this disposition, I think there’s something really wrong with them.”

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BIG STORY

Public Infrastructure Vandals Should Be Shot On Sight —— Bayo Onanuga

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Bayo Onanuga, Special Adviser to the President on Information and Strategy, has called for vandals of public infrastructure to be shot on sight.

Onanuga made the statement in a post on X on Sunday, while reacting to a video showing damage to an ongoing federal road project.

“Just shoot these unconscionable vandals/thieves at sight. They are the worst species of citizenships,” he wrote.

The video showed men wearing reflective jackets, emblazoned with the crest of the federal ministry of works, narrating how vandals cut and removed starter bars, also known as shoulder rods, at the reconstruction site of the Ibadan-Ilesa/Ife federal highway.

An official in the footage said the vandals removed sections of the iron bars they could access, and cut out others entirely, despite security presence at the site.

“So what happens is that we have some people vandalising these starter bars. You can see that they are pressing in some places, but all these vandals, they cut out of it, they remove the ones they could remove,” he said.

“They cut the ones that are very solid and remove the ones they can remove entirely. These are starter bars. This is a very bad thing they are doing. These are vandals, and we have security patrols.”

The Ibadan-Ilesa/Ife highway is one of the major roads being reconstructed by the federal government.

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BIG STORY

Adron Homes Hails Ondo State at 50, Celebrates Legacy of Excellence

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The Chairman, Board of Directors, Management, and staff of Adron Group have congratulated the Government and people of Ondo State on the celebration of its 50th anniversary, describing the milestone as a significant chapter in Nigeria’s federal history and a testament to visionary leadership, resilience, and purposeful development.

In a goodwill message issued to commemorate the Golden Jubilee, Adron Group noted that since its creation in 1976, Ondo State has consistently distinguished itself as a centre of honour, intellect, and enterprise. Fondly referred to as The Sunshine State, the state has produced generations of outstanding professionals, administrators, and national leaders whose contributions continue to shape Nigeria’s socio-economic and political development.

According to the company, the strength of Ondo State lies not only in its rich cultural heritage and intellectual depth, but also in the values of integrity, diligence, and excellence that define its people. These qualities, Adron noted, have remained the bedrock of the state’s enduring relevance and national impact over the past five decades.

Adron Group further commended the state’s renewed drive in recent years towards infrastructure development, economic diversification, industrial growth, and youth empowerment, describing these initiatives as indicators of a forward-looking, inclusive development agenda anchored in sustainability and long-term prosperity.

“As a corporate organisation committed to nation-building and sustainable development, Adron Group recognises Ondo State as a strategic partner in progress,” the statement read. “We commend His Excellency, Lucky Orimisan Aiyedatiwa, Executive Governor of Ondo State, and the leadership of the state at all levels for their dedication to public service and their commitment to the advancement of the people.”

As Ondo State marks its Golden Jubilee, Adron Group joined millions of well-wishers in celebrating a legacy of excellence, strength of character, and promise, while expressing optimism that the next fifty years will usher in greater milestones in economic vitality, social advancement, innovation, and enduring peace.

The company concluded by wishing the Government and people of Ondo State continued progress and prosperity, adding that the Sunshine State remains well-positioned to shine even brighter in the years ahead.

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