NEWS: Ethiopia cuts foreign homeownership threshold to USD 100,000 in three regions
NEWS: Ethiopia’s gold export earnings reach USD 5.65bn, up 61%
NEWS: Djibouti faces tighter debt controls amid $5.5bn infrastructure needs
NEWS: Ethiopia allocates Mojo site for Djibouti truck terminal after 25-year delay
NEWS: Ethiopia targets $1bn manufacturing exports after $607m fiscal-year result
NEWS: ESL Reviews Feeder Services and Rerouting as Red Sea Risks Rise
NEWS: Ethiopia Plans Vehicle Ownership Tax for 2027/28 Fiscal Year
NEWS: Ethiopia Clears Zijin’s USD 4bn Allied Gold Acquisition
NEWS: IMF Urges NBE Gold-Market Exit as Reserve Money Jumps 67%
NEWS: Ethiopia’s Capital Market Opens New Route Beyond Bank-Only Financing
LNG/CNG

Nigeria Nears Completion of Innoson CNG and EV Vehicle Manufacturing Plant

Feb 04, 2026
Nigeria Nears Completion of Innoson CNG and EV Vehicle Manufacturing Plant


  • Innoson Vehicle Manufacturing’s compressed natural gas (CNG) and electric vehicle factory near completion. 

  • Factory expected to rank among world’s largest CNG vehicle facilities by production capacity. 

  • Installed capacity to produce up to 3,000 units annually across six vehicle categories. 

  • Innoson plans to hire about 2,000 additional workers in 2026. 

  • Plant to host technical training programme for young Nigerians. 

  • Facility expected to be completed within the next few months. 

  • Project highlights Nigeria’s drive into locally manufactured CNG and electric vehicles. 

Why it matters?

The Innoson plant completion signals expansion in African automotive manufacturing capacity and skills development. Localised production may affect regional vehicle trade and clean fuel mobility trends.