• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Oando launches electric mass transit buses for Lagosians 

Omono Okonkwo by Omono Okonkwo
April 26, 2023
in Business News, Energy, Sectors
Oando launches electric mass transit buses for Lagosians
Share on FacebookShare on TwitterShare on Linkedin

Article Summary

  • Barely a year after an initial agreement with LAMATA, Oando Clean Energy Limited has launched electric mass transit buses in Lagos state.
  • The initiative will create 5000 jobs in the state.
  • The buses were manufactured by Yutong.

Oando Clean Energy Limited, a subsidiary of Oando Group will roll out electric mass transit buses in Lagos state. OCEL announced on Tuesday, April 26 that it had taken delivery of electric mass transit buses alongside charging infrastructure and spare parts. This is following a 2022 agreement with the Lagos Metropolitan Transport Authority (LAMATA).

Oando says the mass transit buses were made by the world’s largest electric vehicle manufacturer, Yutong. The initiative will enable the employment of at least 3,000 new drivers and an additional 2,000 workers to support bus maintenance, depot management, etc. as well as estimated economic cost savings of $2.6bn (3.6% of Lagos’s GDP).

More Insights

The partnership between Oando and Yutong will help achieve the following goals:

RelatedStories

Lagos Govt receives three new train sets for Blue Line Rail 

Lagos Govt receives three new train sets for Blue Line Rail 

June 5, 2025
LASG to procure over 2,000 vehicles for BRT system  

LAMATA plans to introduce articulated BRT buses in Lagos 

May 3, 2025

The manufacture and deployment of additional electric buses during the Pilot and Roll-out phases of the partnership with Lagos State through LAMATA.

  • Design and facilitate training programs targeted at the following critical stakeholders – bus drivers, bus operators, and regulators including but not limited to LAMATA and the Ministry of Transport.
  • Provision of technical support and after-sales service.
  • Manage a supply chain network to support the availability of spare parts as and when required.
  • The construction of a local EV assembly plant to boost indigenous capacity.

In the statement cited, Frank Lee, the Managing Director for Yutong West Africa said it’s the company’s first delivery of electric mass transit buses in Sub-Saharan Africa. He said:

  • “Over the next seven years, and through the rollout of over 12,000 buses, this initiative will transition the current combustion mass transit buses to electric, starting in Lagos State and eventually across the country.”

Also, OCEL Chairman, Adewale Tinubu said the arrival of the electric mass transit buses and the development of an EV infrastructure ecosystem is a reminder that the only way to remain ahead of the curve is by being unafraid to break new ground and consistently looking for opportunities to leapfrog. He said:

  • “Public-Private Partnerships have been critical to getting the project to this point and will continue to fuel our expansion across the entire country. I must commend the collaborative efforts of the Lagos State Government through LAMATA in seeing this project through. The commencement of this project gives us a platform to showcase to other states that is possible and open the door for engagements on bespoke solutions to suit their local needs as well as act as a model to be adopted by other organizations looking to venture into sustainable transportation.”

What you should know

On June 6, 2022, Oando put out a statement that it had partnered with LAMATA to roll out electric mass transit buses in Lagos to help curb increased carbon emissions in the state. A part of the statement read:

  • “Over the last decade, the number of vehicles on Lagos roads has quadrupled, yet studies suggest that Lagos could become the world’s most populated city by 2100 with as many as 100 million residents; and as the city grows, so does so will the number of vehicles. This upward trajectory in vehicle numbers poses a significant challenge as transportation has been identified as the key contributing sector at circa 23% to 30% in annual CO2 emissions.
  • “Against this backdrop, the Public-Private Partnership (PPP) between LAMATA and OCEL will enable the successful fulfilment of the objectives of the Lagos State Government through the deployment of an EV Infrastructure Ecosystem towards the attainment of a sustainable road transport system in the State.”

Follow us for Breaking News and Market Intelligence.
Tags: electric mass transit busesLagos Metropolitan Transport AuthorityLAMATAOando Clean Energy Limited
Omono Okonkwo

Omono Okonkwo

Omono Okonkwo is an accomplished Mass Communicator, with a remarkable track record spanning over a decade across various dimensions of the field. Her proficiency encompasses Print, Digital, and Broadcast Journalism, Copywriting, Research and Writing, Podcasting, Public Speaking, as well as a comprehensive grasp of Energy Markets. Her engagement in energy market coverage commenced officially in 2016, as she assumed the role of a country correspondent (Nigeria) with Natural Gas World, a subsidiary of Minoils Media based in Vancouver, Canada. Since then, Omono Okonkwo has consistently demonstrated excellence and left an indelible mark on the ever-evolving energy sector.

Related Posts

Lagos Govt receives three new train sets for Blue Line Rail 
Sectors

Lagos Govt receives three new train sets for Blue Line Rail 

June 5, 2025
LASG to procure over 2,000 vehicles for BRT system  
Sectors

LAMATA plans to introduce articulated BRT buses in Lagos 

May 3, 2025
LASG to procure over 2,000 vehicles for BRT system  
Sectors

LAMATA shifts to wooden manhole covers in Lagos BRT laybys to curb theft 

April 25, 2025
Nigeria secures $350 million from AfDB for Kano-Maradi Rail Project 
Exclusives

Lagos Green Line: How the $3 billion rail project will transform Marina to Lekki corridor 

April 15, 2025
LAMATA begins stakeholder engagement for Green Line Phase 1 implementation from Marina to Sangotedo 
Sectors

LAMATA begins stakeholder engagement for Green Line Phase 1 implementation from Marina to Sangotedo 

March 7, 2025
Lagos says 50% discount on transport fares will end by Sunday
Sectors

Lagos needs 15,000 buses to fix commuter bus availability issues – LAMATA 

March 5, 2025
Next Post
Fintech vs. Banks: The battle for customer loyalty and why banks must act fast

Fintech vs. Banks: The battle for customer loyalty and why banks must act fast

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Wedex 2025—One day, one house, one goal
  • Onga ignites African culture and storytelling at AMVCA 2025 Culture Day with festival of flavours 
  • Anambra Govt acquires land in Aguata, Orumba for new industrial city 

Follow us on social media:

Recent News

Wedex 2025—One day, one house, one goal

Wedex 2025—One day, one house, one goal

June 12, 2025
Onga ignites African culture and storytelling at AMVCA 2025 Culture Day with festival of flavours 

Onga ignites African culture and storytelling at AMVCA 2025 Culture Day with festival of flavours 

June 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics