FG Approves N151.9b Contract For Electric Buses, Tricycles

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The Federal Government has concluded plans to commence mass electric vehicle transportation in North-East Nigeria, following the approval of N151.9 billion contracts by the Federal Executive Council (FEC).
The contracts cover the supply of electric buses and tricycles, as well as the establishment of charging infrastructure in the region.
This was contained in a statement issued by Bayo Onanuga, Special Adviser on Information and Strategy to President Bola Tinubu, and posted on his his official X page
Onanuga said:
“The Tinubu administration will soon begin mass electric vehicle transportation in northeast Nigeria, with the Federal Executive Council clearing the last obstacle to implementing the plan.
“Last week, the Council approved contracts worth almost $100 million, or N151.9 billion, to supply buses and tricycles and establish charging infrastructure for electric vehicles.”
The statement added:
The North East Development Commission (NEDC) will fund the project as part of efforts to reduce carbon emissions and promote energy efficiency in the region.
Under the approved contracts, 10 electric buses (17-seaters) will be supplied by Bluecrest Integrated Concept Limited for N2.9 billion, with delivery expected within six months.

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