FG to Collaborate with Traditional Institutions to Protect and Preserve Environment

By: Michael Mike

The Minister of Environment, Balarabe Lawal has stated that the Federal Government will continue to collaborate with the traditional institutions in the country, especially in protection and preservation of the environment through discouraging tree felling and promoting clean cooking.

The Minister disclosed this when the Emir of Nasarawa and former Minister of Environment, His Royal Highness, Alh. Ibrahim Usman Jibrin paid a courtesy visit to the Ministry on Thursday.

Balarabe stated that the Ministry is doing alot in tackling environmental challenges such as plastic waste, erosion and flood, desertification, drought control and other climate change challenges.

He assured the visiting monarch that being the former Minister of Environment, he would build on his legacy and achieve the mandate of the Ministry in line with the President Bola Ahmed Tinubu’s Renewed Hope Agenda on environment.

Earlier, the Emir of Nasarawa and former Minister of Environment, his Royal Highness, Alh. Ibrahim Usman Jibrin commended the staff of the Ministry for tackling environmental challenges in the country and assured the Minister of the Traditional institutions unalloyed support to achieve the mandate of the Ministry.

The Emir enjoined the Ministry to work as a team to promote environmental sustainability, emphasizing that “environment is the only one we have, so let us make it conducive”

In another development, the Honourable Minister received in audience the United Arab Emirates Ambassador to Nigeria, H. E Salem Saeed on an official working visit to the Federal Ministry of Environment where important bilateral discussions where centred on Environmental issues such as the Just concluded COP28 held in Dubai, UAE last year, plastic pollution challenges, desertification control, tree planting, erosion and flood control among others.

The Minister commended the UAE for hosting the event and also appreciated the President of COP28, Sultan al-Jabar who provided the outcome of the discussions with an agreement that signal the ” beginning of the end” of the fossil fuel era by laying the ground for a swift, just and equitable transition, unpinned by deep emissions cuts and scale up finance.

Balarabe further revealed that there are alot of areas of collaborations between Nigeria and UAE, most especially on the outcome of decisions reached during COP28.

He also commended President of UAE for resuming flight tickets to the County and the starting issuance of visa to Nigerians starting from 1st October, 2024.

Earlier, the Ambassador of UAE to Nigeria, H. E Salem Saeed congratulated the Honourable Minister of Environment on his well deserved appointment and disclosed that the Ministry is doing very well most especially the participation of Nigeria in Conference of Parties (COP28) In Dubai last year.

Saeed stated that Nigeria and UAE would continue to collaborate and partner on areas of mutual interest on environmental sustainability.

It would be recalled that United Arab Emirates (UAE), last year hosted the COP28 in Dubai with the slogan:UNITE, ACT, DELIVER.”

FG to Collaborate with Traditional Institutions to Protect and Preserve Environment

Chinese envoy advocates harmony as driver of development

By: Michael Mike

The Chargé d’affaires of the Chinese Embassy in Nigeria, Mr Zhang Yi has emphasized the need for Nigeria to embrace harmony as key driver towards national development.

Zhang stated this on Thursday in Abuja at a Seminar: “Promoting Harmony Through Mutual Learning” organised by the Chinese Embassy in collaboration with China Alumni Association and the University of Abuja.

The envoy drawing parallels with China’s own journey towards economic prosperity, shared insights on how embracing diversity while prioritizing harmony had been instrumental in China’s growth story.

According to him, the concept of harmony from Longman dictionary is when people live or work together without fighting or disagreeing with each other.

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He said: “Harmony is more emphasised by the Chinese people in our culture. At the level of man and nature, we advocate harmony in coexistence; at the level of family and society, we advocate harmony in integration.

“At the level of nation and civilization, we advocate harmony in diversity: at the level of state and governance, we advocate harmony in development.

“We believe that fostering harmony among various ethnic groups, fostering political stability, and prioritizing infrastructure development were crucial steps towards unlocking Nigeria’s full potential.

“In short, our ultimate goal is to create a harmonious world with peaceful development of mankind.

“As we know, friendship, which derives from close contact between the people, holds the key to sound state-to-state relations, and our cultures can build the friendship bridge connecting China and Nigeria,”he said.

Zhang reiterated China’s commitment to supporting Nigeria’s development efforts through strategic partnerships, technology transfer, and infrastructure investments.

He emphasized the importance of collaboration between the two nations in key sectors such as energy, transportation, and telecommunications to drive economic growth and create opportunities for both countries.

Head of Political Science and International Relations Department University of Abuja, Prof. Sheriff Ibrahim, on his part, said that the seminar comes at a critical juncture for Nigeria, as the nation grapples with issues of insecurity, economic challenges, and social tensions.

Chinese envoy advocates harmony as driver of development

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