Connect with us

News

Agreement Signed for Deployment of Electric Motorbikes in Lagos

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Two policemen killed, three missing as Bandits ambush tactical team in Bauchi

Published

on

Two policemen killed, three missing as Bandits ambush tactical team in Bauchi

By: Zagazola Makama

Two police personnel have been killed, three declared missing and two others injured after suspected Fulani herdsmen ambushed a police tactical team in Sabon Sara village, Darazo Local Government Area of Bauchi State.

Sources told Zagazola Makama that the attack occurred on Nov. 22 at about 12:48 p.m. when the operatives were on an intelligence-led patrol in the area, which has recorded persistent farmer-herder conflicts.

The tactical team, drawn from Mobile Police Squadron 10 (Mopol 10), the Anti-Kidnapping Unit, and the State Intelligence Department (SID), was ambushed by yet-to-be-identified herders who opened fire on them.

“DSP Ahmad Muhammad of SID and Inspector Amarhel Yunusa of Mopol 10 were confirmed dead at the scene,” the source said.

The sources added that ASP Mustapha Muhammad and Inspector Idris Ahmed, both of Mopol 10, as well as Corporal Isah Muazu of the Anti-Kidnapping Unit, were declared missing after the attack.

According to the sources, Inspector Isah Musa and Inspector Yusuf Gambo, both of the State Intelligence Department, sustained injuries and were evacuated to the General Hospital, Darazo for treatment.

The sources said that the Commissioner of Police has ordered the deployment of additional tactical units to reinforce the Darazo Division and intensify efforts to trace the missing personnel and apprehend the attackers.

Two policemen killed, three missing as Bandits ambush tactical team in Bauchi

Continue Reading

News

Police storms bandits enclave after bandits attack, rescue 25 abducted women in Zamfara

Published

on

Police storms bandits enclave after bandits attack, rescue 25 abducted women in Zamfara

By: Zagazola Makama

The Zamfara Police Command has rescued 25 abducted persons, including 10 women and 15 children, following a coordinated response to a bandit attack on Kuraje village in Damba area of Gusau Local Government Area.

A source told Zagazola Makama on Sunday that the incident occurred on Nov. 21 at about 9:45 p.m., when armed bandits in large numbers invaded the community, shooting sporadically before abducting the victims.

According to the source, the Divisional Police Officer (DPO) of Damba Division, working alongside operatives from the Department of Operations Gusau and Community Protection Guards (CPG), immediately mobilised to the scene after receiving the distress report.

“The joint police teams engaged the bandits in a gun battle and successfully rescued all the abducted women and children,” the source said.

He added that the rescued victims were taken to Sabongari Damba for safety and were expected to be reunited with their families on Sunday morning.

The police assured that efforts were ongoing to track fleeing bandits and enhance security around vulnerable communities in the area.

Further developments are expected as operations continue.

Police storms bandits enclave after bandits attack, rescue 25 abducted women in Zamfara

Continue Reading

News

Meth, cocaine consignments in machine cylinders, auto parts intercepted at Lagos airport

Published

on

Meth, cocaine consignments in machine cylinders, auto parts intercepted at Lagos airport

By: Michael Mike

Operatives of the National Drug Law Enforcement Agency (NDLEA) have dismantled no fewer than six syndicates leading to the seizure of tons of assorted illicit drugs and the arrest of nine kingpins in series of intelligence-led interdiction operations, the spokesman of the anti-narcotics agency, Femi Babafemi said on Sunday.

Babafemi, in a statement, said in one of such operations, NDLEA officers last Tuesday arrested two members of a drug trafficking organisation in Onitsha, Anambra state when they showed up to take delivery of 5.4 kilogrammes of methamphetamine; 10.7 kilogrammes of Loud, a strong strain of cannabis; 16 grammes of cocaine; 200 grammes of phenacetin; 200 grammes of methcathinone and 100 grammes of caffeine concealed in pressure machine cylinders imported from South Africa.

He disclosed that the first to show up at a logistics company in Onitsha for the collection of the consignments was 30-year-old electrical appliances dealer Ebulue Uzochukwu who was promptly arrested while shortly after, another member of the syndicate 51-year-old South Africa returnee Christopher Ndibuisi showed up and was equally arrested.

He said the consignments had arrived the import shed of the Murtala Muhammed International Airport (MMIA) Lagos with airway bill number 118-12882973 arriving from South Africa on a Tag-Angola flight on 13th November 2025 and was immediately seized based on credible intelligence, adding that a follow up sting operation was thereafter organized in Onitsha, Anambra state where the recipients: Uzochukwu and Ndibuisi were arrested.

In another operation at the Lagos airport, NDLEA operatives last Thursday intercepted a brake servo automobile part used to conceal 48 pellets and a block of cocaine

with a gross weight of 2.3 kilogrammes packed among other auto parts going to Gabon.

Babafemi said following the arrest of a freight agent Ameh Solomon who presented the consignment for export, a follow up at ASMPDA market, Trade Fair Complex, Ojo Lagos led to the arrest of an auto parts dealer Nwafor Tochukwu.

In Kogi state, NDLEA operatives last Monday intercepted a trailer conveying 4,700 kilogrammes of skunk, a strain of cannabis at Kabba. Three suspects: Solomon Dauda, Friday Garba and Daniel Danladi accompanying the consignment were arrested while a follow up operation in Jos, Plateau state last Friday led to the arrest of the alleged kingpin who owns the trailer and the illicit drug consignment, Marcus Mangu.

Babafemi said a couple: 55-year-old Onun Okoi Okpotum and his wife 52-year-old Itam Okoi Okpotum were last Wednesday arrested at their warehouse located at 13 Park road, Ugep Yakur local government area, Cross River state where 362 jumbo bags of skunk weighing 4,706 kilogrammes were recovered.

In Edo state, two women; Praise Nwogu, 19, and Ebong Oghosa, 25, who specialize in the production and online sale of brownies laced with illicit drugs were on Saturday arrested in Benin city. At the point of their arrest, Praise Nwogu, was said to have been found with 12 plates and a cup of drug-laced brownies laced while Ebong Oghosa, was nabbed with 76 grammes of skunk, 1.5 grammes of Colorado and drug-laced brownies.

A raid at Ososo village, Akoko Edo local government area last Tuesday led to the arrest of 35-year-old Shedrack Aminu, who was found with 59 kilogrammes skunk.

Operatives on patrol along Enugu/Onitsha road, Enugu State last Wednesday intercepted a suspect Chinoso Monday, 24, conveying 10.1 kilogrammes skunk; 105,600 pills of tramadol 250mg, 225mg and 100mg as well as 700 ampoules of pentazocine injection and 3000 rounds of live ammunition.

In Kebbi state, 13,155 bottles of codeine-based syrup were evacuated from a warehouse located at Dole-Kaina, Dandi local government area, while a 23-year-old suspect Umar Adamu was arrested with 12,548 pills of opioids concealed in paracetamol containers heading to a Boko Haram enclave in Mainok area of Borno state last Friday.

Two suspects: Anthony Mercy, 40, and Sunday Augustine, 39, were last Monday

arrested with 430.5 kilogrammes by NDLEA operatives on patrol along Abaji- Abuja expressway in the FCT, while Samson Dafe, 47, was arrested at Dikko junction, Kaduna road, Tafa local government area, Niger state last Tuesday conveying 85,100 pills of opioids and 5,456 bottles of codeine syrup in his Sharon vehicle marked ABJ 114 BV.

Babafemi said the premises of a suspect Sani Mohammed in Anguwan Makera Kuta, Shiroro local government area last Thursday raided with 437 blocks of compressed skunk weighing 471.8 kilogrammes recovered.

In Lagos, a suspect Usman Adegoke was arrested in connection with the seizure of

139 pouches of Canadian Loud weighing 71 kilogrammes at an apartment in Lekki while a lady Oluchi Celestine was last Tuesday nabbed in Lekki with 2.6 kilogrammes Colorado packaged in branded containers and some concealed in flight boarding cards.

The spokesman said acting on credible intelligence, NDLEA operatives supported by some military personnel last Monday raided the notorious Peti illicit drug enclave, Lagos Island where 385 kilogrammes of skunk, Loud and Colorado were recovered and two suspects arrested.

No less than 163,200 capsules of tramadol 225mg were also recovered in another operation at a motor park in Maza Maza area of Lagos.

Babafemi said with the same vigour, commands and formations of the agency across the country continued their War Against Drug Abuse (WADA) sensitization activities to schools, worship centres, work places and communities among others in the past week.

Justifying the current heavy crackdown on drug trafficking syndicates, the Chairman/CEO of NDLEA, Brig. Gen. Buba Marwa said the coming festive season is usually a period often exploited by criminal elements, hence the agency has decided to launch a relentless offensive on drug trafficking cartels across the nation.

He said. “The coming weeks present both an opportunity and a challenge. Drug cartels may attempt to increase their illegal activities, seeking to profit during the busy holiday period. We must not, and we will not, let down our guard.”

Meth, cocaine consignments in machine cylinders, auto parts intercepted at Lagos airport

Continue Reading

Trending

Verified by MonsterInsights