Tinubu launches electric tricycles to slash transportation costs by 40%

To curb carbon emissions and boost employment for Nigeria’s growing youth population, the federal government, on Wednesday, unveiled electric tricycles designed to cut transportation costs by 40 per cent.

While inaugurating the electric tricycles and motorcycles, President Bola Tinubu, stated that the initiative is part of the nation’s energy transformation programme, aimed at lowering the carbon footprint and safeguarding the

“The electric tricycle will reduce transportation costs by 40 per cent and offer a cleaner alternative to tricycles powered by fossil fuels,” he said.

The president, who was represented by the Minister of Labour and Employment, Dr. Mohammed Dingyadi, also noted that the federal government, through the Federal Ministry of Youth Development, will continue to initiate and implement programmes that will not only provide employment for the youth population but also align with global transitions to cleaner and sustainable energy solutions. Besides, the programme would generate employment, create jobs, promote a green economy, and strengthen public-private partnership collaboration.

In his remarks, the Minister of Youth Development, Ayodele Olawande, explained that the Federal Government is not just giving out the tricycles; it is contributing to the green economy. “It’s not only creating jobs for informal youths, it’s a way to reduce the burden of petroleum costs and lower carbon emissions.”

According to him, before the end of the year, the government would be giving out grants to youths to start up businesses.

The initiative was carried out in partnership with House of Destiny and the National Commercial Tricycle and Motorcycle Owners and Riders Association (NATOMORAS).