Business

Tinubu to Launch Nigeria’s First Electric Tricycles in Abuja Tomorrow

 

The federal government will on Wednesday in Abuja unveil Nigeria’s first electric tricycles as part of its drive to promote clean energy under the Renewed Hope Agenda.

Speaking with journalists ahead of the event, Israel Olajumoke, Chief Executive Officer of House of Destiny, the firm behind the initiative, said President Bola Ahmed Tinubu will perform the launch at the Eagle Square.

Olajumoke explained that the project was conceived and developed by the company before the federal government adopted it as a key pathway to boost economic growth, environmental sustainability and youth empowerment. The initiative, he said, is being executed in partnership with the Federal Ministry of Youth Development.

He noted that Nigeria must join the global shift towards clean energy, adding that the electric tricycles are efficient, eco-friendly and cost-effective.

To ensure nationwide rollout, he said the firm has also partnered with the National Association of Tricycle Owners and Riders (NATOMORAS).

“If you’ve been to China, about 70 percent of their vehicles are now electric. The world is transiting and Nigeria cannot be left behind,” he said.

Responding to concerns over the country’s unstable power supply, Olajumoke explained that the tricycles can be charged through various sources, including NEPA supply, generators and solar systems.

“It comes with its own charging gun. As long as there is power from any source, you can charge it,” he added.

According to him, the tricycles are easy to assemble and rely on replaceable components, which makes maintenance cheaper and simpler for local technicians.

Olajumoke revealed that while production currently involves partnerships with Chinese manufacturers, the company is constructing a local assembly plant within the Abuja Free Trade Zone, expected to be operational in six months. He added that House of Destiny plans to establish additional factories across the country, beginning with Ogun State.

“Our goal is to spread across Nigeria and then into Africa. This is a national movement,” he said.

Olayinka Babatunde

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