NAIRAMETRICS
The Group Chief Executive Officer of OandO Plc, Wale Tinubu has disclosed that the oil firm is partnering with the Lagos State Government to deploy 5,000 electric buses for public transportation in the state.
Tinubu, said this in an interview with CNBC Africa, on the sidelines of the just concluded World Economic Forum in Davos, Switzerland.
He said the decision to invest in electric vehicles, particularly for public transportation, is informed by the company’s commitment to adopting cleaner energy solutions as part of its ‘just’ energy transition drive.
He makes a case for a ‘just transition’ over decarbonisation in Africa as the continent “is actually a victim of global warming,” bearing the brunt of climate change while contributing only about 3% of global emissions.
He stressed that Africa cannot decarbonise or abandon its large deposits of fossil fuels for clean energy sources while the majority of its citizens wallow in energy poverty…
Connect with us on our socials: