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Tag: CIG Motors

  • CIG Motors fires director, refers case to EFCC

    CIG Motors fires director, refers case to EFCC

    CIG Motors Co. Ltd has confirmed the termination of Mr. Jubril Arogundade from his role within the company following the conclusion of an internal governance review.

    Mr. Arogundade was previously placed on suspension while the company conducted a structured internal investigation in line with its governance framework.

    The review examined the management of executive responsibilities, and the company says it has now concluded the matter in accordance with its established procedures.

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    In a statement, Ifeanyi Abraham, PR Director of CIG Motors, said, “Matters identified during this investigation have been formally referred to the Economic and Financial Crimes Commission (EFCC). CIG Motors is cooperating fully with the relevant authorities, and all necessary documentation has been submitted through the appropriate legal and regulatory channels.”

    CIG Motors reiterated its commitment to strong governance, accountability, and transparency, noting that executive responsibilities across the organisation are anchored in these principles.

    The company also highlighted that it remains focused on business operations and customer engagement. Its recently concluded Ember Sales campaign delivered significant price reductions on select vehicle models, marking a notable milestone in Nigeria’s automotive market.

    Looking ahead, CIG Motors plans to launch the New Year Price Takeover, a nationwide commercial initiative aimed at improving vehicle accessibility and reinforcing the company’s ongoing investment in the Nigerian automotive sector.

    The company concluded that it remains committed to business continuity, customer confidence, and institutional integrity, with governance standards strictly observed at all levels.

  • Automobile firm’s chief empowers 25 undergraduates

    Automobile firm’s chief empowers 25 undergraduates

    Executive Director of CIG Motors Group, Arogundade Bankole, has said education is important and giving education to people is like giving them hope. He spoke at the “Jubril of Lagos Scholarship Award Ceremony 2025,” as he presented scholarship awards to 25 undergraduates.

    Bankole, the “Jubril of Lagos,” said the award is his way of giving back to the society as a recipient of scholarship award that enabled him to study Information Technology at Eastern Mediterranean University of Cyprus.

    He said it was scholarship that opened the doors of foreign university to him when his mother could not sponsor his quest for tertiary education after his O’Level with 7As.  

     “I am  an executive director of CIG Motors Group that assembles, sells automobiles. We are now into partnership with Lagos State for the LagRide project.”

    “I act as acting managing director of LagRide. 

    “This scholarship is not a one-off event. I am a person who understands the power of education and how it can transform lives.

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    “I was born and raised in Ajegunle. I used to trek to school and back climbing refuse dump on daily basis for years. I missed admission to study in Canada and United Kingdom because of lack of money. I applied for scholarship and got a full scholarship from Cyprus for four years because my NECO result was very good. I had 7As.

     Bankole told the awardees that opportunity will always come but the challenge is the level of their individual hunger for success, which determines how they would seize opportunities and turn them around for their good.

    He said: “Whatever I am today is as a result of my hunger. And I am still hungry because I have not arrived.”

    “You have to get a first class or 2.1 minimum. That is the only way you can pay yourself back and pay me back. A job is waiting for you because your technical knowhow will open doors for you.”

    Chief Executive Officer of PressPayNg, Abiola Metilelu, said the ceremony  signified “a birthday of transformation and opportunities for the 25 scholars,” adding PressPayNg woill  accelerate ambition of children from low income families.

    Metilelu said our mission “is to democratise access to education. We chose education and are driving conversation with stakeholders, one you see today, the Jubril of Lagos, and I believe this is the beginning…”

    The Deputy High Commissioner of Canada to Nigeria, Mr. Carlos Rojas-Arbulu, enjoined the awardees to use their scholarship to advance the course of their lives.

    He said: “You are ambassadors and representing the Jubril of Lagos, which comes with responsibility. Use that responsibility for good to advance your course and professional development. But do not forget to hold hands with the person next to you whether he is a friend or family member.”

    Speaking in the same vein, the Founder of Service Arts and Hospitality Academy, Ms. Benedicta Ogar, who was a beneficiary of scholarship that enabled her to study Hospitality Operations, said: “I can tell you this can open many doors for you. I later did management training in Disney Land in Paris and also at International School of Hospitality in Las Vegas, California.”

    “This can be the beginning of so much more but it depends on your commitment. I can appreciate what it means to hold the door open for somebody else.”

    A teacher in Catholic Comprehensive School, Ibara, Abeokuta,  Sunday Akinsola, whose son, Paul, an undergraduate  of Medicine and Surgery, University of Lagos, was one of the beneficiaries, said: “I highly appreciate Jubril for this scholarship award to my son and I pray that God Almighty will replenish him.”

  • FG, firm train youths in automotive training

    FG, firm train youths in automotive training

    CIG Motors, one of the leading automobile companies in Nigeria, has partnered the Federal Government to train Nigerian youths composed of males and females in modern automotive skills acquisition.

    The automobile company has also unveiled plans to elevate Nigeria as a hub for automotive technology and innovation in vehicle manufacturing across the content.

    Chief Diana Chen, the Chairman, CIG Motors Group, stated these on Thursday in Lagos at the official flag off of the Skills To Wealth (S2W) training programme across the six geo-political zones of the country under the Renewed Hope Agenda of President Bola Tinubu, powered by the Federal Ministry of Humanitarian Affairs and Poverty Reduction.

    Chen, who was represented at the occasion by Brig. Gen. Chukwuemeka Udaya (retd), the Special Adviser, Government Relations to the Chairman, CIG Motors Group, assured that the company would continue to collaborate with the Federal Government to elevate the country’s youth.

    No fewer than 10,000 Nigerian youths, women and the vulnerable persons were planned for the S2W programme, which would be held across the six geo-political zones in the country.

    The youths would be put under intensive training on auto mechanics, renewable energy and agriculture for three weeks in each zone.

    Already, CIG Motors has commenced the training of some of the youths in modern technologies in the automobile industry.

    Also, the training would spread to other geo-political zones across the country with SIG Motors taking the lead in impacting knowledge on the beneficiaries, thereby bridging the gap in technical knowhow in the country.

    Chen, in her goodwill message, said that the partnership with the Federal Government was part of its vision to contribute to the growth of Nigeria through skill acquisitions, empowerment, innovation and prosperity.

    Chen noted that in Nigeria, almost 70 per cent of its population is under 30, but regretted that about 50 per cent of the country’s children lived in multidimensional poverty.

    She said that the intensive training presented an opportunity to equip the nation’s youth with the skills to drive economic growth and prosperity.

    She, however, said that transformation does not happen in isolation but thrives when the public and private sectors come together with a shared mission—to train, empower, and uplift.

    For this reason, Chen said CIG Motors took the bold step to partner with the Federal Ministry of Humanitarian Affairs and Poverty Reduction.

    “Through this Skill to Wealth Training programme, we are providing automobile maintenance training across six geopolitical zones—a direct investment in the skills and futures of young Nigerians.

    “Through this Skill to Wealth Training Programme, we are providing not just education, but career pathways, mentorship, and dignified employment opportunities. Let me say this clearly—CIG Motors is proud to be the only private-sector partner collaborating with the Federal Government on this initiative. Why? Because we believe in action, not words.

    “Now, I invite all of us—industry, government, and community—to walk this journey together towards a Nigeria that drives innovation, fosters prosperity, and leads Africa into a new era of opportunity.”

    Besides, Chen unveiled the company’s plan to expand local automotive manufacturing and production, strengthen Nigeria’s presence in Africa by building an interconnected industry, develop a robust supply chain that fosters Nigerian entrepreneurship and elevate Nigeria as a hub for automotive technology and innovation.

    In his keynote address, Prof. Nentawe Yilwatda, the Minister of Humanitarian Affairs and Poverty Reduction, lauded CIG Motors for the partnership.

    According to him, most of the nation’s auto mechanics may go extinct in the next few years due to the advance in automobile technologies.

    But, said the training impacted on the auto mechanics by CIG Motors would eliminate that fear.

    “Cars are getting more automated, complex and the auto mechanics that we have on the streets can’t fix them. You are the solution.

    “You (beneficiaries) should be able to fix most of the sophisticated cars after leaving here and I look forward to auto mechanics that will keep our economy on the move across the geo-political zones.

    “I specifically want to appreciate the CIG Motors for providing technical support and modern automatic diagnostic tools for the automotive track. This is the power of partnership. What the government starts, the private sector can scale.”

    Also, Dr. Yakubu Kofarmata, Perm Secretary, Ministry of Humanitarian Affairs and Poverty Reduction, said that the S2W was designed to serve as a catalyst for transformation, particularly for youths, women and vulnerable persons in the society.

    Kofarmata said that the government intended to focus on high impact sectors like the automobile, agriculture and renewable energy.

    He said the ministry was aligning with President Tinubu’s vision of positioning them as the drivers of innovations and enterprises in a better Nigeria.

    He also acknowledged the collaborative effort of companies like CIG Motors, which had made the training possible.

    “To the beneficiaries here and across the nation, I urge you to see this opportunity as the beginning of your journey towards economic independence.

    “The era of solely depending on the government should be seen as over. This is to yourself, for yourself and by yourself. This programme is not a handout, but a hand up, seize it with both hands and I can assure you, you will prosper,” he added.