Innocent Chukwuma has buil t a fortune by building West Africa’s biggest car manufacturing plan t in Nigeria . 

Wi th only $10 to his name, Chukwuma began t o sell spare motorcycle parts, which enabled him to even tually sell  motorcycles.  

During an in terview with African Resource , Chukwuma said, “T hen motorcycle was seen, as luxury because of the exorbitant prices. I was not happy with that because I know that I am not in business to satisfy myself. I want to render service and from the proceeds of my service make a living. So I began to think of a way to make the price of the motorcycle to become affordable for the teeming masses that needed them. It was in the process that I discovered that importers were the major reason why the price of motorcycles was very high.” 

Seeing the success in the motorcycle business, Chukwuma decided to go into the business of manufacturing motorcycles. With this, Chukwuma created a plastic company to make the plastic motorcycle parts. He also sold plastic chairs and tables. 

“The idea was to keep the plant producing at full capacity and today it has paid off because it has helped us to employ a lot of staff and millions of Nigerians are using our products which they are buying at giveaway prices. Even people from neighboring countries come to buy our plastic products,” he said to African Resource. 

He added, “Our vehicles are built with the state of the roads in the country in mind. We know that our roads are not good so we decided to make our vehicles rugged enough to withstand the shocks on the road. So our vehicles are more rugged than the imported ones because we are the ones that are wearing the shoes so we know where it is pinching us. Unlike vehicles that were manufactured for London or New York roads where roads are smooth.” 

EVENTS Women of Power Summit Entrepreneurs Summit Black Men XCEL Women of Power TECH

PODCASTS SistersInc. Your Money, Your Life

LATEST LISTS BE 100s B.E. Registry of Corporate Directors

ABOUT BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers.

INFORMATION Management Sales Partnership Solutions Privacy Policy About Contact Subscribe to Newsletter Masthead