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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
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Nigeria: MSF/Borno Govt. Vaccinates 350,000 Children Against Diphtheria in Maiduguri
Nigeria: MSF/Borno Govt. Vaccinates 350,000 Children Against Diphtheria in Maiduguri
By: Our Reporter
The humanitarian medical organization Médecins Sans Frontières (MSF) and the Borno State Ministry of Health have successfully completed a vaccination campaign against diphtheria targeting children up to 14 years old in Maiduguri Metropolitan Council (MMC), Borno State, northeast Nigeria.
The campaign began with a first round from 9 to 15 February 2026, which reached 490,000 children, far exceeding the initial target of 387,000. A second round was conducted from 9 to 15 April 2026, targeting 360,000 children reached during the first round to strengthen immunity. Despite the high number of children reached, limited vaccine availability constrained the scale of response.
Nigeria is grappling with one of its most severe diphtheria epidemics in history, with the National Centre for Disease Control (NCDC) reporting 65,759 suspected cases and 2,229 deaths as of 22 March 2026 since May 2022 and officially declaring an outbreak in 2023. In Borno State, one of the most affected areas, MSF has treated more than 7,400 suspected cases since 2023, with 4,200 treated in the past year alone. Furthermore, MSF is treating thousands of people suspected or confirmed to have diphtheria across the country, in close collaboration with state Ministries of Health, and currently supports activities in Bauchi, Borno, Kano, and Sokoto states.
Diphtheria is an acute infectious disease that spreads primarily through respiratory droplets or contact with infected wounds. Symptoms include a sore throat, fever, swollen lymph nodes, and a thick grey membrane in the throat that can obstruct breathing. In severe cases, the bacterial toxin can damage the heart, nerves, and kidneys, potentially leading to complications such as paralysis. For unvaccinated persons without proper treatment, diphtheria can be fatal in around 30% of cases, with young children at higher risk of dying.
MSF supported the Borno State Ministry of Health to run the vaccination campaign, providing comprehensive logistical support including vaccine storage, transportation, and remuneration for vaccination teams; health promotion and awareness activities; and program supervision. The Ministry of Health provided the vaccines used in the campaign. This collaborative effort ensured high coverage, with communities responding enthusiastically to outreach efforts across both rounds.
“This vaccination will help to significantly boost immunity levels of children below 14 years old in Maiduguri, the area responsible for most of the diphtheria cases we saw in our treatment center. This proactive step is essential to controlling and preventing the disease,” said MSF emergency coordinator for the project, Nao Muramoto.
In addition, MSF supported the diphtheria treatment unit (DTU) at Maiduguri Teaching and Training Hospital in collaboration with the Ministry of Health. The DTU saw a surge in suspected cases during the campaign, reflecting heightened awareness and improved referrals by community health workers during the vaccination efforts.
“Sustained routine immunization against diphtheria, improved access in volatile areas, and tackling vaccine hesitancy remain essential to prevent future surges of vaccine-preventable diseases like diphtheria. “Access to more vaccines is needed, as efforts to reach the children of Borno State should remain a priority to avoid further contaminations, to cut the transmissions, and to save lives,” concludes Nao Muramoto.
Beyond its support to diphtheria treatment and vaccination, MSF also supports the Comprehensive Emergency Obstetric and Newborn Care (CEmONC) in Maiduguri, a 60-bed referral maternity and obstetric emergencies hospital with an intensive care unit (ICU) and neonatal ICU, and the Shuwari Primary Healthcare Centre and the Nilefa Kiji nutrition hospital, where our teams treat children under five suffering from severe and moderate acute malnutrition with medical complications.
Nigeria: MSF/Borno Govt. Vaccinates 350,000 Children Against Diphtheria in Maiduguri
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Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency
Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency
By: Michael Mike
ActionAid Nigeria has called for an urgent forensic audit of Nigeria’s revenue management system following revelations that more than ₦34 trillion was deducted from federal earnings before allocation to the three tiers of government.
The organisation said the scale of the deductions—accounting for over 40 per cent of federal revenue in recent years—points to systemic weaknesses in public financial management and poses a serious threat to fiscal stability and development financing.
In a statement issued on Thursday, ActionAid said findings by the World Bank confirmed that a significant portion of government income is being absorbed through pre-distribution charges, including cost-of-collection frameworks and agency remittances, with limited transparency on their composition and utilisation.
“These findings reinforce long-standing concerns about Nigeria’s widening fiscal constraints and rising debt burden,” the group said. “The persistence of large-scale revenue leakages represents both a governance failure and a missed opportunity to strengthen fiscal stability.”
According to the organisation, the deductions—estimated at more than ₦34 trillion—have continued to rise alongside government revenues, leaving federal, state, and local governments with significantly reduced resources to fund public services.
ActionAid warned that the trend is worsening Nigeria’s reliance on borrowing, citing projections by the International Monetary Fund that the country’s debt-to-GDP ratio could climb to 33.1 per cent by 2027.
“The widening gap between gross revenue and distributable income is constraining development financing and increasing dependence on debt,” the statement added.
The group expressed particular concern over what it described as “opaque and fragmented” revenue channels, noting that substantial portions of national income pass through multiple layers before reaching the Federation Account.
It said the lack of public disclosure around these deductions—including their justification, structure, and end-use—raises critical accountability questions.
“There is limited transparency on how these funds are managed,” the organisation stated. “This opacity weakens fiscal oversight and undermines public trust in governance.”
ActionAid also pointed to broader implications for national development, warning that reduced public revenue is limiting government capacity to invest in essential sectors such as healthcare, education, security, and social protection.
The Country Director of ActionAid Nigeria, Andrew Mamedu, said the consequences are already being felt by millions of Nigerians.
“For citizens grappling with rising inflation, declining purchasing power, and economic hardship, the continued reduction in available public resources means fewer investments in essential services,” he said.
He added that weakening fiscal capacity is also exacerbating insecurity, as economic pressures fuel crime, displacement, and social instability.
“At a time when livelihoods are becoming more fragile, the erosion of public revenue further limits the government’s ability to respond effectively to these challenges,” Mamedu said.
The organisation further criticised the lack of transparency surrounding major public expenditures, citing concerns over projects such as the Nigeria Revenue Service building, where cost details and procurement processes have not been publicly disclosed.
“Citizens have a right to know how public funds are utilised,” the group said, stressing that accountability must extend beyond revenue collection to expenditure.
ActionAid warned that without urgent reforms, Nigeria risks entrenching a system where public resources are consistently depleted before they can deliver meaningful impact.
“The continued expansion of unchecked deductions poses a direct threat to equitable development, fiscal stability, and public trust,” it said.
To address the issue, the organisation called on the Federal Government to undertake a comprehensive and transparent review of all revenue deduction frameworks, with a view to ensuring accountability and efficiency.
It also demanded the immediate publication of detailed breakdowns of all deductions, strengthened independent oversight of revenue-generating agencies, and reforms to eliminate systemic leakages.
In addition, ActionAid urged the National Assembly to intensify its oversight role through public hearings and scrutiny of deduction structures, while calling on state governments, civil society, and the media to increase pressure for transparency.
“An independent forensic audit of all deduction mechanisms is critical to restoring public confidence,” the organisation said.
ActionAid added that Nigeria’s development trajectory depends not only on revenue generation but on how effectively public resources are managed and deployed.
“This is not just a fiscal issue; it is a matter of justice,” Mamedu said. “Every naira that fails to reach essential services denies Nigerians access to healthcare, education, and dignity.”
Fiscal Storm: ActionAid Slams ₦34trn Revenue Deductions, Calls for Transparency
News
Troops rescue two kidnapped victims in Benue
Troops rescue two kidnapped victims in Benue
By: Zagazola Makama
Troops of Sector 1 under Operation Whirl Stroke (OPWS) have rescued two kidnapped victims in Ukum Local Government Area of Benue State.
Security sources said the incident occurred at about 3:50 a.m. on April 15 when troops deployed at Kyado responded to a distress call on kidnapping activities in the area.
According to the sources, the troops swiftly moved to the scene, prompting the kidnappers to abandon their victims and flee.
The sources added that the troops successfully rescued the two victims and reunited them with their families.
Security operations have been intensified in the area to track down the fleeing suspects and prevent further incidents.
Troops rescue two kidnapped victims in Benue
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