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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
Hunters rescue kidnapped herder, neutralise gang leader in Yobe
Hunters rescue kidnapped herder, neutralise gang leader in Yobe
By: Zagazola Makama
A local hunters’ group has successfully rescued a kidnapped herder, Alhaji Babawuro, from captivity in Yobe State without payment of ransom, following a coordinated operation with security authorities.
Sources told Zagazola Makama that the Babawuro, a resident of Kurbunga village under Shamka District of the Ngelzarma Emirate in Fune Local Government Area, was abducted at about 2:00 a.m. on Nov. 29, 2025, and taken to an unknown location.

The sources said the incident was reported to the Damagum Police Division on Nov. 30, after which the kidnappers contacted the victim’s family and demanded a ransom of N50 million.
“It was the fifth time the victim had been kidnapped, apparently due to his status as a wealthy herder,” the sources said.
They explained that while negotiations were ongoing and the police were making arrangements to transfer the case to the State Criminal Investigation Department for further investigation, the Special Adviser on Security Matters to the Yobe State Governor and the Emir of Ngelzarma held consultations with the Commissioner of Police.

According to the sources, it was agreed that a hunters’ group with proven expertise in kidnap rescue operations should be engaged to assist the police.
“The hunters subsequently took over negotiations, which were reduced to N7 million, while efforts were intensified to trace the kidnappers,” the sources said.
They added that the hunters traced the victim and the kidnappers to Sandi village in Gulani Local Government Area.
“At about 4:30 a.m. on Thursday, Dec. 11, the hunters stormed the hideout and successfully rescued the victim without paying any ransom,” the sources said.
During the operation, the leader of the kidnap gang, identified as Ahmadu Shuwa, also known as “Sumo,” was neutralised, while another suspect, Mohammed Bello, sustained gunshot injuries.
The sources further disclosed that two other members of the gang were arrested and have confessed to the crime.
The rescued victim, who has since reunited with his family, was treated at the State Specialist Hospital, Damaturu, and later reported the incident at the Damagum Police Station.
Efforts are ongoing to recover the weapons used by the kidnappers ahead of handing over the suspects and exhibits to the Nigeria Police for further investigation and prosecution.
The hunters’ group were commended for their role in the successful rescue operation.
Hunters rescue kidnapped herder, neutralise gang leader in Yobe

News
EXCLUSIVE: President approves establishment of new Nigerian Army Depot in Abakaliki, Ebonyi
EXCLUSIVE: President approves establishment of new Nigerian Army Depot in Abakaliki, Ebonyi
By: Zagazola Makama
The President of Nigeria, Bola Ahmed Tinubu, has approved the establishment of a new Depot Nigerian Army in Abakaliki, Ebonyi State, as part of efforts to expand the manpower and operational capacity of the Nigerian Army.
Sources told Zagazola Makama that the new Depot would complement existing Army training facilities and ensure a steady stream of well-trained personnel for deployment across the country.

Military source said the initiative is in line with the Nigerian Army’s strategic plan to enhance national security and produce combat-ready soldiers capable of addressing diverse security challenges, including terrorism, insurgency, and other internal threats.

The new Depot is expected to provide specialist and mission-oriented training, focusing on marksmanship, fieldcraft skills, and operational readiness. It will also incorporate measures to safeguard the welfare and wellbeing of recruits during and after their service.

The establishment of the Depot in Abakaliki follows recent efforts of the federal government to improve manpower of the Nigerian Military.
EXCLUSIVE: President approves establishment of new Nigerian Army Depot in Abakaliki, Ebonyi
News
COAS charges 3,439 new Nigerian Army recruits to uphold professionalism, soldier ethos
COAS charges 3,439 new Nigerian Army recruits to uphold professionalism, soldier ethos
By: Zagazola Makama
The Chief of Army Staff (COAS), Lieutenant General W. Shaibu, on Saturday charged 3,439 newly enlisted recruits of the Nigerian Army to uphold professionalism, soldier ethos, and the core values of the service as they begin their military careers.
Speaking at the passing out parade of the Regular Recruits Intake at Depot Nigerian Army Zaria, Lieutenant General Shaibu described the event as a milestone in the Nigerian Army’s strategic drive to expand its manpower and strengthen national security.

“It is indeed gratifying to note that the Nigerian Army’s strategic goal of expanding its manpower has been given a significant boost with this passing out parade.
“For these young Nigerians, today marks the beginning of a journey of sacrifice, patriotism, and commitment to the service of our nation,” he said.
The COAS urged the recruits to take pride in joining the Army at a critical moment in Nigeria’s history, when the country faces multiple security challenges including terrorism, insurgency, and other threats to national stability.
“You are now stakeholders in the noble task of securing our fatherland. The challenges ahead are daunting, but the rigorous training you have received, coupled with the purposeful leadership you will encounter in the field, will prepare you for whatever the future holds,” he said.

Shaibu charged the recruits to exhibit warrior ethos, diligence, discipline, and professionalism as they integrate into various formations and units.
He assured that their welfare and wellbeing have been prioritized, with all necessary measures put in place to support them in and out of service.
The COAS highlighted reforms in Army training across the three depots, emphasizing the streamlining of curricula to focus on marksmanship, fieldcraft, and mission-oriented skills necessary to produce combat-ready and lethal soldiers.
He also noted that recruits would have access to specialist training to maintain operational readiness throughout their careers.
In addition, Lieutenant General Shaibu informed the recruits that President Bola Ahmed Tinubu has approved the establishment of a new Depot Nigerian Army in Abakaliki, Ebonyi State, aimed at boosting training capacity and providing more well-trained troops for deployment across the country.
He further announced that other depots, including Depot Nigerian Army Osogbo, will soon hold similar passing out parades.
“Our command philosophy is to advance the transformation of the Nigerian Army into a more professional, adaptable, combat-ready, and resilient force, capable of decisively discharging its constitutional responsibilities within a joint and multi-agency environment.
“Our soldiers are the core and enduring strength of the Nigerian Army, and your training and welfare remain critical to our success,” he said.
The COAS commended the commandants, staff, and instructors of Depot Zaria for producing a steady stream of well-trained manpower capable of contributing effectively to national security objectives.
He also expressed appreciation to President Tinubu, the Executive Governor of Kaduna State, Senator Uba Sani, and the Emir of Zazzau, Ambassador Alhaji Ahmad Nuhu Bamalli, for their steadfast support to the Nigerian Army and hosting the Depot.
Lieutenant General Shaibu concluded by congratulating the families of the recruits for supporting their decision to join the Nigerian Army and urged the soldiers to act with hope, courage, and determination.
“Always act with the hope for success and never with the fear of failure. Uphold the values and ethos of the Nigerian Army as you serve the nation,” he said.
The parade, which included full military drill, inspection, and symbolic handing over of the Nigerian Army insignia to the recruits, demonstrated the Army’s commitment to producing disciplined, professional, and combat-ready personnel capable of defending the territorial integrity of Nigeria.
COAS charges 3,439 new Nigerian Army recruits to uphold professionalism, soldier ethos
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