Economy
Oando Backs FG’s Initiative, Buy 50 New Electric Buses
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Oando Backs FG’s Initiative, Buy 50 New Electric Buses
By Haruna Yusuf, Abuja
Oando Clean Energy, the renewable energy arm of Oando Energy Resources, has announced the acquisition and deployment of 50 new electric buses, backs FG’s initiative.
The expansion came as a reinforcement of the company’s commitment to supporting the Federal Government’s efforts in the transition to cleaner transportation solutions, the firm said in a statement on Sunday.
The latest development, disclosed at the Conference of the Parties (COP28) event in Dubai, builds on Oando Clean Energy’s earlier commitment to delivering 50 electric buses to Lagos State.
According to the company, its total fleet contribution now stands at 100 electric buses, demonstrating a substantial stride in fostering eco-friendly transportation practices nationwide.
The statement noted that the announcement followed the company’s sustainable transport initiative launched on May 24, 2023, adding that it was marked by a Proof-of-Concept collaboration with Lagos State through the Lagos Metropolitan Area Transport Authority.
At a side event in the Nigeria pavilion, the company’s Executive Vice President, Ademola Ogunbanjo, spoke of the successful completion of the 90-day Proof-of-Concept phase.
