Business

Dangote Buys 3,500 Trucks from Enugu-based Automaker

  • Dangote Buys 3,500 Trucks from Enugu-based Automaker

Transit Support Services Limited, an Enugu-based automaker, said Dangote Group has signed a long-term agreement with the company for the supply of Shacman trucks being assembled at the Anambra Motor Manufacturing Company Limited.

According to Mr Frank Nneji, the Managing Director, Transit Support Services, who spoke with journalists on Saturday, Dangote has purchased 3,500 trucks valued at N63 billion from the company since inception.

“About 90 per cent of trucks produced here are for Dangote. Right now at the dump, we have about 300 units. Since last year, we have done 800 units. Dangote Group since inception has bought about 3,500 units from us. It also patronises the Shackman trucks for its refinery currently being built in Lagos,” he said.

Nneji said the project has kept Onne port busy as the delivery of components from its partner, Shaanxi Heavy Duty Automobile Import & Export Company, in China to ANAMMCO plant boosted activities in the port.

Nneji, who doubled as the MD of ABC Transport Plc, the franchise holder of the Shacman Nigeria, said the Dangote/Shacman truck deal had helped people in the region in terms of job creation and training.

He said, “This has been of tremendous benefit for the people in the South-East. For more than seven years, this place was shut down.

“There was no activity until Shackman came and we made an agreement with the Shacman Group and we started skeletally.”

He added, “We were only able to start full production of trucks when we offered logistics solutions to the Dangote Group. That was in 2016 when we started the first agreement for 500 trucks.

“With this, many workers of ANAMMCO who had been at home had to come back to work; some local suppliers of lubricants, electrolyte and the rest had to return to business.”

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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