NNPC, in response to the loss of fuel subsidies, has announced plans to build charging ports at its filling stations around the country to charge electric vehicles.
Kanayochukwu Odoe, Managing Director of NNPC New Energy Ltd, announced this in his latest quarterly publication, which was released on Monday, July 3rd.
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It further stated that the corporation is now in talks with local firms to increase local production capacity of electric vehicles as part of efforts to minimise carbon emissions.
Remember that the elimination of the gasoline subsidy in June resulted in an increase in the product’s pump price from N197 per litre to above N500.
As a result, the elimination of fuel subsidies resulted in higher prices for transportation, commodities, and services.
We’re looking at two possibilities. Maiduguri has a start-up focused on renewables and electric vehicles, and it’s a Nigerian company.
We are currently in talks with them about increasing their capacity to meet local demand in Nigeria. Let us invest not just because it is our own, but also because they are doing something unique, at least in this area of the world.
As a result of our investment in the company, we will be able to gain a footing in the electric car market.
The following section will discuss how to provide access to charging ports for electric vehicles. We have NNPC Retail outlets all throughout Nigeria, and we are currently expanding.
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The installation of charge outlets in stations to serve electric vehicles is now being discussed. These are some of the things we’re working on.
NNPC New Energy Ltd is the national oil company’s subsidiary involved in developing and advancing renewables.
