The Benue Investment and Property Company Limited (BIPC) is locally assembling 525 customized motorcycles as part of its youths Hire Purchase scheme.
The initiative is aimed at creating sustainable livelihood opportunities for young people while boosting commercial activities across Benue.
The Group Managing Director of BIPC, Dr. Raymond Asemakaha-CFA, disclosed that the customized motorcycles form part of the company’s deliberate strategy to support Benue youths through its expanding hire-purchase and empowerment scheme.
He said the motorcycles represent the first phase of the 10,000 units expected from China, which Governor Hyacinth Iormem Alia attracted to the state during his visit to the Asian country in 2024.
The Group Managing Director noted that part of the agreement includes the training of Benue youths by the Chinese company in Software Development Kit (SDK), motorcycle assembly, adding that the project is designed to reduce unemployment, promote self-reliance, and deepen economic participation among residents.
According to him, the latest batch of motorcycles represents a significant scale-up of the programme, which has already benefited several youths in previous phases. The scheme is expected to further expand access to income-generating opportunities, especially in the transportation sector where many young people depend on commercial motorcycle operations for survival.
Dr. Asemakaha commended Benue State Governor, Hyacinth Alia, for creating what he described as an enabling environment for BIPC to thrive and deliver impactful economic initiatives. He noted that the support of the state government has continued to strengthen the company’s drive toward job creation and industrial growth.
The motorcycle assembly project is expected to reinforce BIPC’s ongoing efforts to position itself as a key driver of economic empowerment, youth development, and internally generated revenue growth in Benue State.
