Oando Clean Energy (OCEL), the renewable energy business subsidiary of Oando Energy Resources, has signed a Memorandum of Understanding (MoU) with the Cross River State Government for the rollout of electric vehicles for mass transportation within the state.
Besides, Oando also agreed to set up an electric vehicle (EV) assembly plant, creating jobs for local indigenes as well as building a 100MW wind plant for power generation in the state.
The signing took place on Wednesday at the ongoing The Conference of the Parties (COP), Dubai.
Representing the Governor of Cross River State, Senator Prince Bassey Otu at the MOU signing was the State’s Commissioner for Special Duties, Mr. Oden Ewa.
He commented “This landmark agreement marks a significant step forward in Cross Rivers’ journey towards a cleaner and more sustainable future. The MOU paves the way for the transitioning of our mass transit system to cleaner and less expensive fuels whilst also allowing for the use of our natural resource, wind to provide electrification for our people”.
He added, “I commend Oando Clean Energy for their innovative solutions that address theimpact of climate change in Nigeria and her citizens”.
OCEL President / CEO, Dr. Ainojie Irune said: “As a company, we are committed to ensuring that this journey to a cleaner and more sustainable energy future is as seamless and as easy as possible. By putting our confidence in, not only the technology but the partnership and ensuring that the Cross River State Government and her people reap the benefits of generating power from sustainable sources”.
Continuing, Dr. Irune said “Oando Clean Energy’s scope spans the entire 35 states of the federation and the FCT; and with one state at a time, we will create a cleaner, more viable energy ecosystem for Nigeria and our people”.
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“This is another testament to OCEL driving the energy transition narrative in Nigeria. The audience at the pavilion gave a rousing applause when they were told of the successful outcomes from the 90-day Proof of Concept (PoC) phase of the electric mass transit buses deployed in Lagos State, in partnership with Lagos state and the Lagos Metropolitan Area Transport Authority (LAMATA). The PoC yielded among others the following: covering over 43,800 kilometres, carrying over 73,000passengers, saving 21,000 liters of diesel and curbing 57.8 tonsin CO2 emissions. On the back of this successful test, the partnership will progress to pilot phase.
An attendee at the event commented “It is quite evident that with this and more projects in the pipeline, the private sector and particularly, forward thinking and innovative companies like Oando Clean Energy Limited will shape the Nigeria Energy transition story in the immediate future.”
