FG rallies investors, manufacturers for electric vehicle drive

Nigeria's Federal Government has reiterated its dedication to advancing electric vehicles (EVs) and clean transportation, aiming to modernize the nation's transport sector, foster industrialization, and bolster its green energy initiatives. This commitment was underscored at the inaugural meeting of the Electric Vehicle Association of Nigeria (EVAMAN) in Abuja.

Government officials and industry stakeholders stressed the critical need for enhanced collaboration to establish Nigeria as a significant player in Africa's burgeoning electric mobility landscape. Princess Zahrah Audu, Director-General of the Presidential Enabling Business Environment Council (PEBEC), congratulated EVAMAN on its "bold and visionary step" toward shaping the future of transportation and sustainable economic development.

Audu stated that President Bola Tinubu's administration is focused on building a competitive, innovation-driven economy by diversifying and modernizing the country's mobility ecosystem. "The emergence of EVAMAN is both timely and significant in helping to drive this transition," she remarked. She noted that electric mobility is transforming economies globally, creating new industries, jobs, and attracting investments, and that Nigeria must strategically position itself within this evolving value chain.

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The emergence of EVAMAN is both timely and significant in helping to drive this transition.

The PEBEC Director-General also pointed out the broader opportunities presented by the EV sector, including local manufacturing, renewable energy integration, infrastructure development, digital innovation, and youth empowerment. Furthermore, she emphasized the role of EVs in helping Nigeria meet its climate obligations and green growth targets through reduced carbon emissions and the adoption of cleaner energy sources.

Representing the Minister of Innovation, Science and Technology, Dr. Ibiam Oguejiofor, highlighted the importance of science and technology in national development. The Federal Government, he conveyed, is prioritizing innovation and technological advancement more than ever before, recognizing their crucial role in Nigeria's progress.

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President Bola Tinubu’s Renewed Hope Agenda recognises that global transportation systems are evolving toward cleaner and smarter technologies, making it imperative for Nigeria to strategically position itself within the electric mobility value chain.