Contrary to the false and misleading news that claims Innoson Vehicles Manufacturing Limited has accepted Zugacoin a Nigerian cryptocurrency as a form of payment for the purchase of its vehicle.
To counter such a report, the group issued a press statement via its official Twitter page denying any partnership with any organisation on the use of any form of cryptocurrency for the purchase of its product.
Prior to this statement, several media company had published news claiming that the indigenous automobile manufacturer, Innosson Vehicles has adopted Zugacoin a cryptocurrency founded by Archbishop Sam Zuga as fiat currency that could be used for the purchase of vehicles.
It thereby warns those publishing such unverified news to desists from misleading the general public.
Innoson Vehicles has no intention to go against the directive of the Central Bank of Nigeria on the ban of cryptocurrency and its use for facilitating payment.
