The Chairman/CEO of Richbon Group, Chief C. J. Chike Mounagolu, has said that the introduction of the XGMA range of construction equipment by his company will end patronage of used construction equipment in the country.
Chief Mounagolu, who was speaking at the product launch of the XGMA range of construction equipment at his office, along Oshodi-Apapa expressway, said with this product introduction, the era whereby federal, state and local government contractors pay so much to acquire used and imported construction equipment without assurance of quality performance is over.’’
According to the Richbon boss, the XGMA product is one of the leading brands of construction equipment in the world; a brand that would in no distant time takeover the construction equipment market in the country.
The chairman who described his company as the pacesetter and trail blaze in the Nigerian automobile and construction equipment market also pointed out that XGMA products are budget friendly, energy saving, user friendly, luxurious and rugged, and promised to redesign the landscape of construction equipment market in Nigeria. ‘
The XGMA range of construction equipment being exhibited at the venue include excavators, motor graders vibratory rollers, forklifts, bulldozer and wheel loaders, which he said were produced in partnership with respected and established manufacturers across the globe.
‘’The beauty of these machines is that beside being budget friendly, they come with Perkings Cummins and Isuzu Turbo charged and inter-cooled engines, which are fuel efficient low-emission engine, meeting Euro 11 standard,” he stated. Continuing, he disclosed that the machines are also equipped with German ZF high efficiency transmissions system.”
Vowing to re-enact the ‘magic’ he did with Sinotruk brand of trucks in Nigeria with the XGMA consruction equipment range, he stated that the product is fully backed up with quality after-sales service and warranty, and urged customers to switch over to the new product, which guarantees value for money.
On the part of their partners, he said “Xiamen XGMA Machinery Co. Ltd of China, manufacturers of the famous XGMA machines is ranked among the top global construction machinery companies in the world. The company is also currently ranked as one of Asia’s most valuable brands.”
Meanwhile, the CEO has disclosed that plans are on to assemble the XGMA products in Nigeria. “Our XGMA centre under construction would house an ultra modern service centre. We would retail all spare parts for the XGMA machinery. We also intend to expand and have distributors in the geopolitical regions in the country,’’ he further stated.
Richbon Group, it would be recalled, achieved a very significant milestone by popularising the Sinotruk brand of truck in Nigeria. It has been adjudged as one of the fastest selling brands in the country in the last three years.