05
Feb
Feb
MINISTER WALE EDUN HAILS LOCAL INNOVATION IN SUSTAINABLE TRANSPORT
-
Nicolas Adekeye / 1 month
- 0
- 1 min read
The Federal Government has commended NEV Electric, an indigenous electric vehicle company, for its groundbreaking efforts in developing affordable and eco-friendly transportation solutions in Nigeria. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, lauded the company’s contributions to sustainable mass transit, emphasizing that its innovations align with President Bola Ahmed Tinubu’s Renewed Hope Agenda for a cleaner and more efficient transportation system. During a test ride of NEV Electric’s buses, Edun praised the company’s initiative, saying “NEV Electric’s initiative is a game-changer for Nigeria’s transport sector. It not only addresses environmental concerns but also creates jobs, enhances energy security, and boosts economic growth.” The Minister reaffirmed the Federal Government’s commitment to supporting local innovation and private-sector partnerships that drive the transition to clean energy solutions. This endorsement signals a major shift towards reducing carbon emissions, improving transportation efficiency, and fostering economic development. As Nigeria tackles urban mobility challenges, the government’s support for NEV Electric is expected to accelerate the country’s journey towards a sustainable and technologically advanced transport system.