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Agreement Signed for Deployment of Electric Motorbikes in Lagos

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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

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Mining: FG Finalizes Plans to Reduce Release of Mercury into Atmosphere in Nigeria

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Mining: FG Finalizes Plans to Reduce Release of Mercury into Atmosphere in Nigeria

By: Michael Mike

The federal government is finalizing plans aimed at direct reduction of excess emissions and release of mercury into the environment from Artisanal and Small-scale Gold Mining (ASGM) activities in the country.

The effort is spearheaded by the Federal Ministry of Environment in collaboration with the Federal Ministry of Solid Minerals Development and funded by the Global Environment Facility (GEF).

The Minister of Environment, Balarabe Lawal, during an inception workshop organized at the weekend, in Abuja, to enhance the formalization of a mercury-free gold in Nigeria, revealed that they are collaborating together to forge a future where Nigeria’s gold resources are harnessed responsibly, without compromising the health of the people or the integrity of the environment

Lawal, who was represented by the ministry’s permanent secretary, Mahmud Kambari, said the artisanal and small-scale gold mining (ASGM) sector represents a notable contributor to Nigeria’s economy, and offers livelihoods to many, but, however worried that the sector presents a complex challenge due to the widespread use of mercury.

He decried that this has been identified as a potent neurotoxin with devastating consequences for human health and the environment.

He said: “Mercury is a highly toxic substance that can contaminate water sources and soil, leading to serious environmental and health problems. It can bioaccumulate in the food chain, leading to long-term health effects in humans and wildlife. In addition, mercury pollution can persist in the environment for decades, causing harm to ecosystems and biodiversity.”

Lawal disclosed that Nigeria, as a signatory to the Minamata Convention on Mercury, demonstrated its commitment by developing a National Action Plan (NAP) for the reduction and eventual elimination of mercury use in Artisanal and Small-scale Gold Mining (ASGM) in Nigeria between 2017 and 2020.

The Minister said the present collaboration under the GEF GOLD+ Nigeria Project builds upon the foundation laid by the NAP and represents a significant step forward in their commitment to tackling mercury pollution in the ASGM sector. He further reiterated that the project aligns perfectly with Nigeria’s national environmental policies and its obligations under the Minamata Convention on Mercury, adding that its focus on a holistic, multi-sectoral approach, integrating formalization with the adoption of mercury-free technologies and access to traceable supply chains, offers a sustainable pathway for the sector’s development.

On his part, the Permanent Secretary, Ministry of Solid Mineral Development, Engr. Faruk Yabo noted that Nigeria stands at the forefront of efforts to formalize the ASGM sector and reduce mercury use, in line with the Minamata Convention and the Sustainable Development Goals.

Yabo revealed that the by this project initiative, Nigeria is not only joining the global community efforts, but is setting an example for other nations—demonstrating that economic development and environmental stewardship can go hand in hand.

He said: “This project is designed to support policy reforms, strengthen institutional capacity, empower mining communities, and enhance access to finance for artisanal and small-scale miners. Improving financial inclusion is critical to enabling miners to invest in cleaner technologies, adopt safer practices, and transition toward formal and sustainable operations. By fostering partnerships across government, industry, and civil society, we aim to create an enabling environment where miners can thrive economically while safeguarding health and ecosystems.”

In a message at the event, United Nations Industrial Development Organisation (UNIDO), said; “By this project initiative, Nigeria is not only joining the global community efforts, but is setting an example for other nations—demonstrating that economic development and environmental stewardship can go hand in hand.”

It noted that: “This project is designed to support policy reforms, strengthen institutional capacity, empower mining communities, and enhance access to finance for artisanal and small-scale miners. Improving financial inclusion is critical to enabling miners to invest in cleaner technologies, adopt safer practices, and transition toward formal and sustainable operations. By fostering partnerships across government, industry, and civil society, we aim to create an enabling environment where miners can thrive economically while safeguarding health and ecosystems.

“UNIDO is committed to partner with the Government of Nigeria in driving this important transformation. In line with our mandate, to promote inclusive and sustainable industrial development, our commitment extends beyond the life of this project. We will continue to deliver technical expertise, facilitate knowledge exchange, and leverage international networks to attract resources and partnerships. Together, we aim to position Nigeria’s ASGM sector as a benchmark for sustainability, inclusiveness, and innovation—contributing to economic growth, environmental protection, and social well-being.”

Mining: FG Finalizes Plans to Reduce Release of Mercury into Atmosphere in Nigeria

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Army troops repel attack, neutralise four bandits in Taraba communal clash

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Army troops repel attack, neutralise four bandits in Taraba communal clash

By: Zagazola Makama

Troops of 6 Brigade, Nigerian Army, operating under Operation Peace Shield have repelled an attack by armed bandits and neutralised four of the assailants following a communal clash between the Shomo and Wurkun communities in Karim Lamido Local Government Area of Taraba State.

The clash, which occurred at Usmanu village, led to the burning of 15 houses before troops of were deployed to the area.

Sources told Zagazola Makama that the troops, arrived the scene at about 9:35 a.m. on Nov. 29 after receiving distress reports from the affected communities.

On arrival, about 50 armed bandits reportedly launched an attack on the soldiers, prompting a swift response that overpowered the assailants.

During the encounter, troops neutralised four bandits and recovered one fabricated AK-47 rifle, three dane guns, 25 rounds of 7.62mm special ammunition and two magazines.

The troops also arrested one key suspect believed to be collaborating with the armed group.

According to the military, the suspect is currently undergoing further investigation.

The sources added that the morale and fighting efficiency of the troops remained high as clearance operations continue in the general area.

Army troops repel attack, neutralise four bandits in Taraba communal clash

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EXCLUSIVE:Army troops rescue 12 abducted girls in Askira/Uba in Borno

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EXCLUSIVE:Army troops rescue 12 abducted girls in Askira/Uba in Borno

By: Zagazola Makama

Troops of Operation Hadin Kai (OPHK) have successfully rescued 12 teenage girls abducted by ISWAP terrorists in Mussa District of Askira/Uba Local Government Area of Borno State, reliable security sources confirmed on Sunday.

The victims, all aged between 15 and 20, were kidnapped on Nov. 23 while harvesting crops on their family farmlands. The incident triggered panic across the district, forcing many residents to flee to neighbouring communities.

A security source, told Zagazola Makama that the rescue operation was successful as all the girls had returned safely.

Although details of the operation were still sketchy at the time of filing this report, sources said some individuals played significant roles in facilitating the safe recovery of the girls.

Zagazola could not immediately verify whether any ransom was paid or the precise circumstances that led to the rescue.

The rescued girls include: Fatima Shaibu,(17) Fatima Umaru (15), Hauwa Abubakar (18), Saliha Muhammed (15), Sadiya Umaru (17), Amira Babel (15), Zara Adamu (17), Nana Shaibu (15), Zainab Musa (18), Zainab Muhammed (17), Jamila Saidu (15) and Hauwa Hamidu (17).

Zagazola learnt that the victims have since been moved to a secure military location for medical evaluation and profiling, after which they will be reunited with their families.

The rescue comes amid renewed military offensives in the southern Borno axis, where troops have intensified clearance operations against ISWAP remnants responsible for recurrent attacks and abductions.

Parents of the abducted girls expressed relief, describing the development as a “major emotional breakthrough” after a week of uncertainty and fear.

EXCLUSIVE:Army troops rescue 12 abducted girls in Askira/Uba in Borno

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