Oando partners with Lagos for public transport | The Guardian Nigeria News
• To introduce electric buses, target 22 million commuters
Oando has signed a memorandum of understanding with the Lagos Metropolitan Area Transport Authority (LAMATA) to revolutionize public transport buses.
The Memorandum of Understanding with LAMATA, the Lagos State government agency responsible for planning, implementing, regulating and franchising sustainable integrated public transport, was signed on Thursday, April 28 in Lagos.
The Guardian has learned that the agreement establishes a partnership between Oando Clean Energy Limited (OCEL), Oando’s renewable energy business, and Lagos State on its journey to becoming a sustainable city through the deployment of public transit electric buses, supporting infrastructure and charging service. centers (EV infrastructure ecosystem).
The partnership is expected to be part of several interventions, such as the Lagos State Blue and Red Rail, which would set the tone for the gradual decarbonization of the road transport sector in the state.
Commenting on the MoU, LAMATA Managing Director Abimbola Akinajo said, “Oando Clean Energy offered us a complete solution that went beyond electric transit buses to include supporting infrastructure, and c was essential for us, as a full mandate of an EV support ecosystem is the only way to succeed.
“This initiative will not only accelerate the government’s transport program but also have a positive impact on the health of Lagosians and the environment.
“The Oando brand comes with know-how and experience, and we are counting on this to successfully move from the signing of a memorandum of understanding to an effective implementation which will benefit in the medium and long term. term to over 22 million Lagos commuters. We look forward to a very strong and fruitful partnership.
The initiative reinforces the importance of public-private partnerships (PPPs) to enable the continent to actualize its industrialization goals.
“Across Africa, the PPP model has become increasingly essential as a mechanism for financing and operating social and economic infrastructure.
“This is not the first time Oando has partnered with the state government or the first time it has created a blueprint for others to adopt in the area of cleaner energy solutions. In the past, through its former intermediary vehicle, Oando Gas & Power (OGP), now renamed Axxela, the company pioneered the development of private sector gas pipelines in 2007 and championed the development of power plants (IPP), including Akute and Alausa. IPP feeding Lagos Water Cooperation and Lagos State Secretariat respectively.
Commenting on the launch, the Chairman of Oando Clean Energy, Adewale Tinubu, said, “Oando Clean Energy was born out of a need to curate the best energy mix to propel Nigeria, and indeed Africa, to its full potential.
“As a company, Oando has always championed public-private partnerships as fundamental to the industrialization of Nigeria. With the signing of this MoU, we are revolutionizing the mobility landscape by pioneering e-mobility in Lagos.
“Today, investments in more sustainable transport infrastructure solutions can bring environmental, social and economic benefits beyond a reduction in greenhouse gas (GHG) emissions.
“In the medium to long term, this will unlock employment opportunities, foster knowledge transfer and kickstart Lagos State and hopefully other states across the country to leapfrog. forward in terms of mass public transport infrastructure.”
Further, the Lagos State Transport Commissioner, Dr Fred Oladeyinde, said, “Knowing that transport is a key emitter of greenhouse gases in Nigeria, we have developed a strategy to reduce greenhouse gas emissions. greenhouse effect of 50%.
“A key part of this strategy was to identify and develop a more robust public transport system for Lagos, which would include rail and waterways among others. Using electricity to power public transport is a step in the right direction, and from there we would gradually move to private cars.
“This is just the beginning, there is still a lot to do. I congratulate LAMATA and Oando on signing this MoU, and both parties can rest assured that they have my full support to ensure success.