Innoson Group has confirmed that cryptocurrencies can NOT be used to purchase Innoson vehicles and other products under the Innoson Group.
Zugacoin Cryptocurrency cannot be used to purchase any type of vehicle, and all the other products under the Innoson Group anywhere in the world. Nor would Innoson accept any other cryptocurrency, bitcoin, dogecoin, or whatever they are called.
In a Press Release signed by Head of Corporate Communications and Affairs Innoson Group, Cornel Osigwe, and made available to newsmen, Innoson also denied being in partnership with any entity as regards to purchasing their products using the illegal alternative currency.
The full press release reads:
RE: Nigerian Cryptocurrency To Be Used To Buy Innoson Vehicles,
Based on various enquiries through calls and emails to @Innosonvehicles on whether it accepts zugacoin or any other cryptocurrency for the purchase of Innoson Vehicles or any other products from Innoson Group, we, by this medium, do state that we stand by the decision of the Central Bank of Nigeria that the use of cryptocurrencies in Nigeria contravenes existing laws as they are not legal tender.
We did not sign any Partnership with any organization on the use of any form of cryptocurrency for the purchase of any product from Innoson Group.
Read Also: JUST IN: Cryptocurrency Ban: Senate Summons CBN Governor, DG SEC
Read Also: Financial Experts Slams CBN Order To Close Crypto Accounts
With this, Zugacoin can be withdrawn as any Fiat currency of choice successfully without hitches.
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