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Agreement Signed for Deployment of Electric Motorbikes in Lagos
Agreement Signed for Deployment of Electric Motorbikes in Lagos
By: Michael Mike
Swap Station Mobility Limited has signed partnership agreement with Glovo and Siltech World to deploy electric motorbikes, smart swappable batteries, and a network of quick interchange stations across Lagos State.
The Partnership will provide Glovo couriers with 2-wheel electric motorbikes that offer lower cost, clean mobility alternative to the internal combustion engine (ICE).
The Electric Vehicles (EVs) are provided on a lease-to-own model whilst also offering riders a unique “pay as you ride” or “weekly subscription” to access SSM’s battery swap and charging facilities, technical support and cover for insurance, licensing, and routine maintenance services. In order to increase adoption, Swap Station intends to build out a network of solar powered automated quick interchange battery stations along major demand routes and logistics bases starting in Lagos and surrounding states over the next twenty-four months.
Blackaion Capital and FundCo Capital Managers who are the co-sponsors of Swap Station Mobility, believe the operational cost of battery swapping per kilometre (km) will remain substantially lower than the fuel cost per km for the ICE counterpart. “This is the main value driver which has been catalysed by the Federal Government’s near elimination of fuel subsidies.
The products developed or distributed by Swap Station are designed to exceed the performance of petrol alternatives whilst significantly improving CO2 emissions, local air quality, and cost efficiency for users over the life of the asset,” said the Director at Swap Station and Partner at Blackaion Capital, Obiora Okoye,
Okwu Njoku who sits on the Board went on to say, “We are very excited about signing with Glovo who operate one of the most prolific food delivery platforms in Nigeria. Our EVs and swappable batteries are in-country, and Siltech World, one of our key technology and technical partners, supported us with the procurement, testing, and certification of the EVs, and so, we are now ready to start operations. We plan to spend the next few months securing additional swap locations, building our technology platform, and expanding our team.”
Abiodun Oni, Chief Executive Officer (CEO) of FundCo Capital Managers, and former Regional Sales Director, Energy, for Tesla, stated, “e-mobility is critical to our sustainable infrastructure investment strategy, and this agreement with our partners enables us to kick start that process”.
On his part, Head of Operations at Glovo, Ify Adah stated, “ By 2030, our goal is to have about half of our orders delivered by non-combustion vehicles. So, we are very excited and look forward to working with Swap Station, and supporting our couriers with cleaner and more cost-effective transport solutions.”
Swap Station is an integrated EV financing and battery charging infrastructure development company that has built a business-to-business-to-consumer (B2B2C) platform that provides access to electric 2-wheel and 3-wheel vehicles, swap station infrastructure, swappable batteries, and a hub for repairs and maintenance services to fleet owners, businesses, and users operating in the logistics and last mile connectivity in Nigeria.
Blackaion Capital is a West Africa focused infrastructure advisor, developer, and asset manager with offices in Lagos, Abuja, and Mauritius. Blackaion’s mission is to create exceptional long-term value for all stakeholders by developing and capitalising tech-enabled and climate-friendly infrastructure projects and companies.
FundCo is a specialised Alternative Asset Manager for sustainable infrastructure-related funds across critical economic sectors. These are selected industries providing essential services to the society, with domestic geographic diversity, have secure cash flows, are recession resilient, and ideally, offer some inflation protection. FundCo is duly registered with and licensed by Nigeria’s Securities and Exchange Commission (SEC) as a portfolio/fund manager in line with the SEC rules.
Agreement Signed for Deployment of Electric Motorbikes in Lagos
News
FG, Ohanaeze Outlaw ‘Eze Ndigbo’ Titles Abroad Amid Rising Diplomatic Tensions
FG, Ohanaeze Outlaw ‘Eze Ndigbo’ Titles Abroad Amid Rising Diplomatic Tensions
By: Michael Mike
The Federal Government has moved to curb the controversial installation of “Eze Ndigbo” in foreign countries, backing a sweeping decision by Ohanaeze Ndigbo Worldwide and South East traditional rulers to abolish the practice outside Igboland, following a series of international incidents that have strained Nigeria’s diplomatic relations.
Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, delivered the government’s position at the high-level Imeobi meeting of Ohanaeze in Enugu on Thursday, describing the proliferation of Igbo “kings” in the diaspora as a growing embarrassment to Nigeria and a trigger for avoidable conflicts abroad.
She warned that while diaspora communities are free to promote their culture, attempts to replicate traditional rulership structures in foreign lands have repeatedly sparked tensions with host authorities and local populations.
The latest flashpoint occurred in East London, where the coronation of Solomon Ogbonna Eziko ignited violent protests. The unrest led to the destruction of property, attacks on foreign-owned businesses, and clashes with security forces, after locals interpreted the installation as a challenge to South Africa’s traditional authority system.
South African institutions, including the Eastern Cape House of Traditional and Khoi-San Leaders and the Department of Cooperative Governance and Traditional Affairs, declared the coronation illegal, underscoring the diplomatic sensitivity of such actions.
Nigeria’s foreign missions quickly distanced themselves from the development, with officials clarifying that the event was merely cultural and not a recognized monarchy. The Nigerian Embassy in Pretoria subsequently issued an apology and urged citizens to maintain a low profile.
Odumegwu-Ojukwu revealed that similar tensions had surfaced in Accra in 2025, where protests against Nigerians escalated over the same issue. She led a diplomatic delegation to calm the situation, engaging directly with John Mahama and other key stakeholders.
According to her, the intervention of the Ghanaian president was pivotal in diffusing tensions, as he reaffirmed his country’s commitment to ECOWAS protocols on free movement and rejected calls for xenophobic actions against Nigerians.
The minister stressed that such crises place Nigerian lives, businesses, and diplomatic standing at risk, insisting that urgent measures were necessary to prevent further escalation.
In response, Ohanaeze Ndigbo Worldwide has formally proscribed the conferment and use of “Eze Ndigbo” titles outside Igboland. President-General of the organization, Azuta Mbata, declared that any individual assuming such a title abroad does so without the backing of the Igbo people.
He disclosed that the group would notify state governments and Nigerian missions globally of the decision and is working with traditional rulers to establish sanctions for violators, including community-level enforcement through hometowns and town unions.
The Federal Government has pledged to reinforce the directive through its diplomatic channels, signaling a coordinated effort to prevent further international disputes linked to cultural misrepresentation.
The development marks a decisive shift by both the government and Igbo leadership to separate cultural expression from traditional authority in diaspora settings, amid growing concern over the global implications of local customs.
FG, Ohanaeze Outlaw ‘Eze Ndigbo’ Titles Abroad Amid Rising Diplomatic Tensions
News
Africa, France Move to Reset Economic Ties at Nairobi Summit
Africa, France Move to Reset Economic Ties at Nairobi Summit
By: Michael Mike
African leaders and their French counterparts are set for a critical engagement next month as Kenya and France prepare to host the Africa Forward Summit: Africa–France Partnerships for Innovation and Growth in Nairobi, amid growing calls for a new model of cooperation that delivers real economic impact for the continent.
The summit, scheduled for May 11–12, 2026, will convene top political leaders including Emmanuel Macron and William Ruto, alongside African Heads of State, investors, development partners, civil society groups, and youth representatives.
A Business Forum on May 11 is expected to drive private sector engagement and set the tone for the main summit, where discussions will centre on investment, innovation, and long-term economic collaboration.
Organisers said the summit is designed to move beyond diplomatic symbolism, focusing instead on actionable partnerships in key sectors such as healthcare, agriculture, digital technology, energy, and infrastructure—areas considered vital to Africa’s transformation.
For countries like Nigeria, the outcomes could be significant, offering pathways to attract investment, create jobs, and strengthen economic resilience at a time of global uncertainty.
The summit comes against the backdrop of evolving relations between Africa and France, marked by increasing demands from African nations for more equitable and transparent partnerships.
Historically, France has maintained strong political, economic, and military ties with several African countries, particularly in West and Central Africa. However, in recent years, these relationships have come under scrutiny, with critics calling for an end to perceived imbalances and a shift toward mutual respect and shared benefits.
At the same time, Africa’s global relevance has risen, driven by its growing population, expanding markets, and strategic importance in global supply chains. This has intensified competition among global powers seeking influence on the continent, prompting France to recalibrate its engagement strategy.
The Africa Forward Summit is seen as part of that reset—an attempt to reposition France as a partner in innovation and sustainable development rather than a traditional power broker.
The timing is also significant as it feeds into preparations for the upcoming G7 Summit, where Africa’s economic future, climate challenges, and development financing are expected to dominate discussions.
Analysts said the Nairobi meeting could serve as a testing ground for how Africa and its international partners engage moving forward—shifting from aid-driven relationships to investment-led cooperation.
With unemployment rising and infrastructure gaps widening across many African economies, expectations are high that the summit will produce concrete commitments rather than broad declarations.
Diplomatic missions in Abuja have indicated that further details will be unveiled at a press briefing, but stakeholders are already positioning the summit as a defining moment in reshaping Africa–Europe relations.
If successful, the Africa Forward Summit could mark a turning point—signaling a transition from historic ties to future-focused partnerships built on innovation, shared prosperity, and measurable outcomes.
Africa, France Move to Reset Economic Ties at Nairobi Summit
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News
Experts Sound Alarm Over Unregulated AI in Nigeria’s Healthcare System
Experts Sound Alarm Over Unregulated AI in Nigeria’s Healthcare System
By: Michael Mike
Growing adoption of artificial intelligence in Nigeria’s healthcare sector is outpacing regulatory safeguards, raising concerns among experts who warned that without urgent oversight, the technology could deepen inequality and expose patients to new risks.
This warning took centre stage at a policy dialogue titled “AI in Healthcare: Risk or Asset?”, held Thursday at the French Institute in Abuja, where stakeholders from government, medicine, and development circles examined the expanding role of AI in health service delivery.
Speakers at the forum acknowledged that AI is already transforming diagnostics, laboratory systems, and patient management. However, they cautioned that Nigeria’s regulatory environment has yet to catch up with the speed of innovation.
Director of the French Institute, Thierry Vapentin, set the tone for the discussions, describing the platform as a space to confront emerging global issues through open debate. He stressed the importance of interrogating both the opportunities and ethical dilemmas posed by AI in critical sectors like healthcare.
Delivering a policy perspective, Dr. Anthony Ayeke of the European Union Delegation noted that while AI could significantly improve access and efficiency in healthcare delivery across Africa, blind reliance on automated systems could undermine professional judgment and patient safety. He emphasized that human oversight must remain central in all AI-driven processes.
In his intervention, the CEO of Premier Health Systems Consults, Dr. Niyi Osamiluyi argued that Nigeria urgently needs a clearly defined ethical and regulatory framework to guide AI deployment. He outlined key principles including transparency, inclusiveness, accountability, data protection, and auditability, warning that failure to assign responsibility for AI outcomes could create dangerous accountability gaps.
The issue of data integrity also featured prominently. Joshua Kojalo highlighted ongoing government-backed digital health initiatives, particularly mobile applications designed to expand access to health insurance. However, he warned that overdependence on foreign datasets could embed bias into local systems, potentially excluding vulnerable populations. He called for deliberate investment in locally generated data to ensure fairness and accuracy.
From an operational standpoint, Dr. Temitope Agbana, Co-founder of AIDX Medical, shared field experiences demonstrating AI’s impact on laboratory efficiency, noting that automated systems have significantly increased processing capacity. Despite these gains, he maintained that technology must remain a support tool rather than a substitute for human expertise, stressing that no AI system is entirely error-proof.
Equity concerns dominated the latter part of the discussion, with Dr. Chimezie Anyakora, CEO of Bloom Public Health, warning that weak regulation could leave already disadvantaged communities exposed to the harshest consequences of technological failure. He cautioned that without deliberate safeguards, AI could reinforce existing healthcare disparities rather than bridge them.
Participants agreed that Nigeria risks creating a two-tier healthcare system where advanced AI-driven services are accessible only to the wealthy, while rural and low-income populations are left behind.
The forum concluded with a strong consensus that Nigeria must act swiftly to establish robust regulatory frameworks, invest in capacity building, and ensure inclusive access. Experts stressed that while AI holds immense potential to transform healthcare delivery, its benefits will only be realized if innovation is matched with responsibility.
Without decisive action, they warned, the same technology that promises progress could ultimately widen the gap it seeks to close.
Experts Sound Alarm Over Unregulated AI in Nigeria’s Healthcare System
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