Petrol subsidy removal: 10 months after, FG yet  to roll out electric vehicles

Petrol subsidy removal: 10 months after, FG yet to roll out electric vehicles

Ten months after the removal of petrol subsidy by President Bola Ahmed Tinubu, the federal government has not rolled out electric vehicles as promised, Daily Trust can report. Millions of Nigerians are grappling with the high cost of transportation in the aftermath of the fuel subsidy removal. 

Experts say productivity in work places has reduced; while the capital of many people, whose businesses require moving around, has been depleted. The federal government had planned to increase the percentage of electric vehicles in the country to 7.50 per cent of the total vehicles running on roads by 2025. 

 This target implies that at least 7.50 per cent of the estimated 11.8 million vehicles on Nigerian roads currently will be electric. However, the development has been very slow with very little on the ground to show the readiness of the country to embrace electric vehicles. 

Officials of the National Automotive Design and Development Council (NADDC) declined comment when contacted by Daily Trust on the state of progress in the country’s vehicle electrification project.

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