• 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

Transport Minister commits to electric vehicles rollout to solve rising costs

Omono Okonkwo by Omono Okonkwo
August 23, 2023
in Business News, Energy, Sectors, Transportation
Electric Vehicles
Share on FacebookShare on TwitterShare on Linkedin

Nigeria’s Minister of Transportation, Sa’idu Alkali, has said that he will work towards ensuring the foundation is laid for successful electric vehicle rollout in the country, as a way to cut transportation costs for Nigerians.

He said this on Tuesday, August 22 while resuming duties at the ministry. The new minister stated further that the expense of transportation is presently high due to the fuel subsidy removal.

He said:

RelatedStories

Politicization hindering cocoa industry development – Minister 

FG launches automotive training center in Ikorodu to advance electric vehicles, technology transfer 

August 26, 2025
FG sets standards for CNG, electric vehicles to boost auto sector  

FG sets standards for CNG, electric vehicles to boost auto sector  

July 24, 2025
  • “The Ministry of Transport must assume a leading role in improving the public transportation sector to support the numerous policies that are geared towards providing democratic dividends that are accessible to ordinary Nigerians through effective provision of public transport that is secured, affordable and convenient across the country.
  • “So, I am going to ensure that the mass transit system is effective and put in place. The agenda of Mr. President is renewed hope and we will make sure that with the removal of fuel subsidy, we have an effective mass transit system and see how we can procure electric vehicles so that at least the cost of transportation with even the mass transit system is reviewed downward across the country.
  • “I will also ensure a sustainable collaboration with related ministries, agencies, and corporate entities to reactivate the road transport and mass transit operations in the country.”

Is Nigeria ready?

In 2022, Nairametrics conducted an exclusive interview with Jelani Aliyu, the Director General of the National Automotive Design and Development Council (NADDC) and he said electric vehicles will allow Nigeria to meet emission reduction targets faster.

According to Aliyu, electric vehicles allow young ICT-skilled Nigerians to explore and make the technology even better because it is basically a computer on wheels.

While addressing electricity issues in Nigeria, Aliyu said the NADDC had developed 100% solar-powered, off-grid EV charging stations in Sokoto, Enugu, Lagos and Abuja.

Meanwhile, Nigeria’s new Minister of Power, Adebayo Adelabu has recently said he is committed to easing electricity bottlenecks using the 2023 Electricity Act that was passed by President Tinubu in June 2023.

Note that in May 2023, the Federal Government under former President Muhammadu Buhari committed to the goal of producing 30% locally made electric vehicles by 2033.


Follow us for Breaking News and Market Intelligence.
Tags: electric VehiclesSa’idu Alkali
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

Politicization hindering cocoa industry development – Minister 
Energy

FG launches automotive training center in Ikorodu to advance electric vehicles, technology transfer 

August 26, 2025
FG sets standards for CNG, electric vehicles to boost auto sector  
Energy

FG sets standards for CNG, electric vehicles to boost auto sector  

July 24, 2025
FG seeks China’s support to establish electric vehicle assembly plants in Nigeria 
Economy

FG seeks China’s support to establish electric vehicle assembly plants in Nigeria 

February 21, 2025
From N12 million to N150 million per car, here are the top electric vehicles sold in Nigeria 
Energy

From N12 million to N150 million per car, here are the top electric vehicles sold in Nigeria 

January 10, 2025
NRC generates N1.42 billion moving 675,293 passengers in Q1 2024
Sectors

Nigeria Railway Corporation to expand LNG-diesel locomotive technology beyond Abuja-Kaduna corridor 

December 15, 2024
CBN temporarily withdraws newly released document due to misrepresentations 
Real Estate and Construction

FG transfers completed $3.02 billion Port Harcourt-Aba Railway to Nigerian Railway Corporation for operation 

November 29, 2024
Next Post
FX, CBN

Naira resumes slide at P2P market once again, trades as low as N910/$

Leave a Reply Cancel reply

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

otd
access bank
nairametrics
Emple
Palmpay
first bank








DUNS

Recent News

  • Ogun Govt releases 130 hectares for Ijebu-Ode Inland Dry Port project 
  • Nigeria’s data center market to grow from $278 million in 2024 to $671 million by 2030 – NCSP
  • African airlines record 9.4% growth in air cargo demand in July 2025 – IATA

Follow us on social media:

Recent News

Fuel Subsidy: Ogun State Government to provide electric-powered motorbikes for residents 

Ogun Govt releases 130 hectares for Ijebu-Ode Inland Dry Port project 

August 29, 2025
Nigeria’s data center market to grow from $278 million in 2024 to $671 million by 2030 – NCSP

Nigeria’s data center market to grow from $278 million in 2024 to $671 million by 2030 – NCSP

August 29, 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