News
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
Nigeria Advised to Treat Wildlife Crime as National Security Threat
Nigeria Advised to Treat Wildlife Crime as National Security Threat
By: Michael Mike
Nigeria has been urged to treat wildlife trafficking and illegal exploitation of biodiversity as a major organized crime threat capable of undermining national security, economic stability and sustainable development.
The Country Representative of the United Nations Office on Drugs and Crime, Cheikh Touré, gave the warning in Abuja during the commemoration of World Wildlife Day, stressing that wildlife crime now operates as a sophisticated international criminal network rather than merely an environmental issue.
Touré said the illegal trade in wildlife and plant species continues to weaken ecosystems, fuel illicit financial flows and erode the economic potential of countries rich in biodiversity such as Nigeria.
According to him, wildlife crime has evolved into a serious transnational organised crime that threatens the rule of law and deprives communities of valuable natural resources that support livelihoods and sustainable development.
He explained that Nigeria’s rich biodiversity, including valuable medicinal and aromatic plants used for traditional healthcare and economic activities, faces increasing pressure from illegal trade, habitat destruction, climate change and unsustainable harvesting.
Touré, however, acknowledged recent legislative progress made by Nigeria, particularly the passage of the Endangered Species Conservation and Protection Bill, describing it as a major step toward strengthening the country’s legal framework for biodiversity protection.
Despite this progress, he stressed that legislation alone would not stop wildlife crime unless it is backed by effective enforcement, improved institutional capacity and stronger public awareness.
He noted that combating wildlife trafficking requires coordinated partnerships among government institutions, civil society organisations, international agencies and local communities.
The UNODC official also highlighted the organisation’s efforts to mobilise young Nigerians in conservation advocacy through the #BeWildForNature campaign launched in 2024.
Through a competitive process, selected youths were incorporated into a mentorship programme where conservation experts provided training on digital advocacy, wildlife protection and community mobilisation.
According to Touré, the initiative has helped build a network of young environmental advocates now driving conservation campaigns and community outreach programmes across Nigeria.
Speaking at the event, the United Nations Resident and Humanitarian Coordinator in Nigeria, Mohamed Fall, said the protection of biodiversity is directly linked to human health, economic stability and environmental sustainability.
Represented by the UNICEF Representative in Nigeria, Wafaa Saeed, Fall noted that medicinal plants remain a primary healthcare resource for millions of people and are deeply embedded in traditional knowledge systems and local economies.
However, he warned that biodiversity loss, environmental degradation and climate change are threatening these critical natural assets, making conservation an urgent development priority.
He added that protecting biodiversity contributes directly to the achievement of the United Nations Sustainable Development Goals, including goals related to health, climate action and environmental protection.
Also speaking, Onah Bisong of the Federal Ministry of Youth Development (Nigeria) said the Federal Government recognises the important role of young people in advancing environmental sustainability.
Bisong stressed that Nigerian youths must be empowered to champion biodiversity protection through innovation, advocacy and community engagement, noting that such efforts can also create green jobs and support economic growth.
He added that young Nigerians are not merely beneficiaries of the country’s natural resources but critical partners in ensuring that those resources are protected for future generations.
Nigeria Advised to Treat Wildlife Crime as National Security Threat
News
FG Evacuates 1,230 Stranded Nigerians from Niger
FG Evacuates 1,230 Stranded Nigerians from Niger
By: Michael Mike
The Federal Government has successfully evacuated 1,230 stranded Nigerians from neighbouring Niger, reinforcing its commitment to protecting citizens abroad amid emerging regional challenges.
The evacuation, coordinated by the Nigeria’s Ministry of Foreign Affairs, involved the voluntary repatriation of Nigerians who had been stranded in Niamey, the capital of Niger Republic.
According to a statement on Wednesday by the spokesperson of the ministry, Kimiebi Ebienfa, the returnees arrived in Nigeria in two separate batches. The first group of 708 Nigerians was received on March 23, 2026, while the second batch of 522 arrived on March 29, bringing the total number of evacuees to 1,230.
He said the humanitarian operation was carried out in partnership with the International Organization for Migration, whose logistical and technical support ensured the smooth movement and reception of the returnees.
On arrival in Kano, the evacuees were received by a coordinated team of government agencies and humanitarian partners tasked with ensuring an orderly reception and immediate support for the returning citizens.
Agencies involved in the reception included the National Commission for Refugees, Migrants and Internally Displaced Persons, National Emergency Management Agency, National Agency for the Prohibition of Trafficking in Persons, Nigeria Immigration Service and the Nigeria Security and Civil Defence Corps.
Other participating bodies were the International Committee of the Red Cross, the Nigeria Police Force and the Department of State Services, as well as officials from the Kano and Katsina state governments.
The returnees were subjected to profiling at the airport to document their details and enable appropriate reintegration support. They were later moved to the Immigration Training School in Kano where temporary accommodation, meals, medical attention and other basic necessities were provided.
Authorities said the evacuees were subsequently discharged after completing the necessary procedures and reunited with their families.
The Ministry noted that the evacuation underscores the Federal Government’s broader responsibility to ensure the safety and dignity of Nigerians wherever they may be, particularly in situations that pose humanitarian risks.
It also expressed appreciation to the Government of Niger for its cooperation throughout the evacuation process, noting that such collaboration reflects the enduring diplomatic and humanitarian ties between both countries.
The ministry further commended international partners, particularly the International Organization for Migration and the International Committee of the Red Cross, for their continued support in addressing migration and humanitarian challenges.
Nigerian citizens residing abroad were urged to respect the laws of their host countries and maintain regular contact with Nigerian diplomatic missions to facilitate timely assistance in emergency situations.
FG Evacuates 1,230 Stranded Nigerians from Niger
News
FG Declares April 3 and 6 Public Holidays for Easter
FG Declares April 3 and 6 Public Holidays for Easter
By: Michael Mike
The Federal Government has declared Friday, April 3, and Monday, April 6, 2026, as public holidays to enable Christians across the country celebrate Easter.
The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, on behalf of the Federal Government, according to a statement issued by the Permanent Secretary of the Federal Ministry of Interior (Nigeria), Magdalene Ajani.
The minister congratulated Christians in Nigeria and in the diaspora on the celebration, describing Easter as a period that reflects the enduring values of sacrifice, renewal and hope.
He urged Nigerians to emulate the virtues of selflessness, forgiveness, patience and love as demonstrated in the life and teachings of Jesus Christ.
Tunji-Ojo also called on citizens to strengthen the spirit of tolerance, unity and peaceful coexistence, stressing that these values remain critical to national cohesion.
According to him, the Federal Government remains committed to policies and decisions aimed at promoting national renewal, economic growth and shared prosperity for all Nigerians.
He further wished Christians across the country a peaceful and joyful Easter celebration.
Easter is one of the most significant events in the Christian calendar, commemorating the resurrection of Jesus Christ and symbolising victory over death and the promise of new life for believers.
FG Declares April 3 and 6 Public Holidays for Easter
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