Oando kicks-off Sustainable Transport Initiative in Lagos State with launch of Electric-Mass Transit buses

Date:

May 25, 2023.

Thank you for reading this post, don't forget to subscribe!

Azonuchechi Chukwu.

Oando Clean Energy Limited (OCEL) has achieved a groundbreaking milestone with the launch of the first phase of its Sustainable Transport Initiative for Lagos State. The initiative will see OCEL introducing electric buses to LAMATA’s current fleet of buses. The endeavor aims to support the transformation of the State’s public transport system through the development and deployment of a pathway to a carbon free mobility ecosystem within the State.

The roll-out of the electric buses kicks off with a three-month Proof-Of-Concept (PoC) phase, aimed at establishing the viability of electric vehicles for mass transportation in Lagos State. This will be followed by a Pilot phase with an expanded fleet and bus routes, and the eventual countrywide deployment creating employment for over 30,000 Nigerians.

The event births the commissioning of the PoC and in her opening remarks, the Managing Director LAMATA Engr. Abimbola Akinoja said “This initiative is a major aspect of our vision for transportation in Lagos State, we are desirous of having a clean and efficient transportation system. Today’s event is proof of our desire to involve the private sector in our activities to give the average Lagosian the ability to meet their mobility needs. LAMATA is a multi-fuel transport regulatory agency for Lagos hence the partnership with OCEL for the use of EV buses in passenger operations. From LAMATA’s perspective we are open to do business with the private sector whilst ensuring that these partners are aligned with the vision of Lagos state. I am elated that in just over a year that Oando Clean Energy came to us to discuss the possibility of working with us in the deployment of electric buses we have signed an MoU with a key deliverable being the implementation of a PoC that would allow us finally include electric buses in our ecosystem.” Our partnerships to support this ecosystem has seen us collaborate with the world’s leading companies to drive the production of buses that have zero tail pipe emissions, regenerative braking systems as well as reliable and robust battery and motor systems to navigate difficult terrains and traffic conditions. To ensure seamless operations, the company has installed charging stations at each bus depot that guarantee the buses get a full charge every day. In addition, and in collaboration with our partners, all the drivers have been extensively trained on the proper use and maintenance of these buses.

Also in attendance at the commissioning event was the Honorable Commissioner for Energy & Mineral Resources, Engr. Olalere Odusote, who in his goodwill message commended the deployment of the EV buses for passenger operations, saying that it would have salutary effects on the state’s ecosystem as well as the health of the people. He said “Lagos sits on less than 0.4% of Nigeria’s landmass but plays host to 12% of Nigerians; that should tell you that this is indeed a crowded city, it is also the smallest state in Nigeria, yet the most populous. A lot of the problems we have today are due to the poor environment. Research shows that a large majority of the presentations to hospitals across the State are for respiratory illnesses, meaning they are breathing significant amounts of polluted air with direct and indirect losses to the State as a result of missed worked days, lost earnings, hospital bills to name a few. This is yet another step we’re taking as a Government to ensure we clean up the environment, and in addition to the other positive steps being taken in the electricity sector.”.

Other high-level attendees at the event included HRM Oba Adedotun Gbadebo, CFR, Chairman Oando PLC, Alake of Egbaland; Mr. Ademola Akinrele (SAN), Non-Executive Director Oando PLC; Mrs. Ronke Sokefun, Non- Executive Director Oando PLC; Mr. Guo Pengwen, Head of Commercial Office, Consulate General of the People’s Republic of China in Lagos; Mr. Idowu Oguntona Managing Director LBSL who gave the vote of thanks as well as Mr. Fola Tinubu Managing Director Primero TSL.

In recognition of the urgent need for electric vehicles to address transportation’s 62% contribution to Nigeria’s GHG emissions, the President/CEO of OCEL, Dr. Ainojie ‘Alex’ Irune commented; “This is an opportunity for us to revolutionize mobility in our country as well as build local capacity for the renewable and clean energy ecosystem. Whilst today these buses have come from across the world, in the very near future they will be produced here in Nigeria. In the very near future, we will have a multitude of locally trained engineers who are capable of operating, maintaining, and servicing these buses and other renewable energy assets. We see these buses as a first step. This PoC facilitates the collection of the first sets of data points to support the development and deployment of EV for municipal and public transport on the continent. Our ambition together with Lagos state, is to set our sights on the future and chart a path for others to follow. We have worked tirelessly to get here, and we are confident that the steps we are taking, which I must reiterate would not have been possible without the support of Lagos state, LAMATA, LBSL, Primero, and His Excellency, the Governor, who saw the vision and imperative of committing to this journey.”

His Excellency the Governor of Lagos State, Mr. Babajide Sanwo-Olu was ably represented at the event by the Honorable Commissioner for Transportation, Dr. Frederic Oladeinde, who noted; “We are here today to write the script for a new future. Climate change refers to a long-term shift in temperature and weather patterns and it’s something we have been experiencing in Lagos and Nigeria recently. Such shifts can be due to natural causes such as changes in the activities of the sun or large volcanic eruptions or they can be caused by human activities. Today, there is abundant evidence that shows that human activities have been the main drivers of climate change primarily due to the burning of fossil fuels like coal, oil and gas. This situation has given rise to affirmative actions by world leaders and environmentalists to act fast to save our world. Lagos is the only state in Nigeria that has prepared and initiated the execution of a climate action plan. The plan outlines 26 efforts covering adaptation and mitigation actions to build a sustainable low carbon economy in the pursuit of achieving net zero emissions by 2050, 10 years ahead of the Federal Government’s target of 2060.”

The Sustainable Transport initiative exemplifies OCEL’s commitment to driving economic growth while preserving our environment for the long term, specifically supporting Nigeria in achieving her ambitious goal of becoming net-zero by 2060. Oando’s history is marked by a spirit of partnership – these partnerships have been the cornerstone of our success, enabling us to leverage expertise, resources, and networks to drive sustainable development. Through these collaborations, we have demonstrated that the private sector can be a catalyst for change, creating innovative solutions that address the challenges of our time. Our goal is to utilize this strategic partnership with LAMATA to contribute both to the development of a robust EV ecosystem in Lagos State as well as the achievement of her sustainable goals.

About OCEL:

OCEL is the renewable energy business subsidiary of Oando Energy Resources, a part of the Oando PLC group of companies. Headquartered in Lagos, Nigeria, the company’s agenda is to invest in climate friendly and bankable energy solutions across the African continent.

OCEL’s core areas of interest include Sustainable Transport, Solar Energy Solutions, Gas & Biofuels, Waste to Energy, Wind Farms, Geothermal Power Plants, Hydro Energy and other emerging technologies.(www.naija247news.com).

Chukwu Azochukwu, The Naija247news
Chukwu Azochukwu, The Naija247newshttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

Share post:

Subscribe

Popular

More like this
Related

South Africa Reshapes its Democracy, Shows Readiness for Economic Transformation

June 21, 2024. Azonuchechi Chukwu. By Professor Maurice Okoli South Africa's historic...

Naira Depreciates Further to N1,485.36/$1 at Official Market

June 21, 2024. Azonuchechi Chukwu. The Naira continued its fall against...

WHO Announces Global Resurgence of Cholera

June 21, 2024. Azonuchechi Chukwu. The World Health Organisation (WHO) has...

Stock market closes flat amidst price surge in 35 equities

June 21, 2024. Azonuchechi Chukwu. Transactions on the floor of the...
× How can I help you?