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11 Dec 2023

Net-Zero Agenda: Oando Promises 50 Additional Electric Buses

11 Dec 2023  by leadership   

Oando Clean Energy (OCEL) has announced that the company will be matching the efforts of the federal government through the purchase and deployment of an additional 50 new electric buses.

This is in addition to the fleet of 50 buses already committed to and ordered for Lagos State, making it a total of 100 new buses that the company will be deploying across the nation. The announcement was made at the ongoing Conference of the Parties (COP28) event in Dubai.

On May 24, 2023, OCEL, the renewable energy subsidiary of Oando Energy Resources (OER), the Upstream division of Oando Plc, launched its Sustainable Transport initiative with a Proof-of-Concept (PoC) in collaboration with Lagos State through the Lagos Metropolitan Area Transport Authority (LAMATA).

At a side event in the Nigeria pavilion, the company’s executive vice president (EVP), Ademola Ogunbanjo, spoke of the successful completion of the 90-day Proof-of-Concept (PoC) phase. During the PoC, we rolled out two electric mass transit buses, and they ploughed four routes covering over 43,800 kilometres, carrying over 73,000 passengers, saving bus operators 21,000 litres of diesel and mitigating 57.8 tons in CO2 emissions within the State.

He said that the company’s Sustainable Transport initiative is now being progressed to a pilot phase of 50 buses and 2,000 buses at full rollout for Lagos State.

On the back of the successful PoC and deliberations with several state governments, OCEL will match the federal government’s commitment of 100 electric buses towards reducing the country’s carbon emissions.


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