AIRTELAFRI₦6,300.00• 0.00%
DANGCEM₦1,066.70• 0.00%
MTNN₦825.00▲ 0.61%
BUAFOODS₦760.60• 0.00%
BUACEMENT₦297.00• 0.00%
SEPLAT₦16,000.10• 0.00%
ARADEL₦1,499.90• 0.00%
FIRSTHOLDCO₦138.00• 0.00%
HBMNG₦355.00• 0.00%
ZENITHBANK₦126.00▼ 1.33%
GTCO₦124.80▼ 2.27%
TRANSCOHOT₦290.50• 0.00%
STANBIC₦160.00▼ 2.14%
PRESCO₦2,045.30• 0.00%
NB₦75.00• 0.00%
NESTLE₦2,750.00• 0.00%
GEREGU₦825.70• 0.00%
UBA₦43.00▼ 0.35%
INTBREW₦10.00▲ 0.50%
ACCESSCORP₦28.50▲ 0.71%
DANGSUGAR₦67.50▲ 0.52%
TRANSPOWER₦178.00• 0.00%
FIDELITYBK₦21.05▲ 4.73%
ETI₦71.40• 0.00%
WEMABANK₦31.00• 0.00%
OKOMUOIL₦1,276.20• 0.00%
GUINNESS₦423.00• 0.00%
FCMB₦10.80▼ 1.82%
UNILEVER₦102.50• 0.00%
UACN₦184.00• 0.00%

GDN DESKTOP 1

Advertisement

Ondo, tech firm sign MoU to deploy EV buses, charging hubs

Governor of Ondo State, Lucky Aiyedatiwa

Project will crash transport costs, complement CNG drive, says gov’s aide, Ogunyemi

Ondo State Government has signed a Memorandum of Understanding (MoU) with an information technology firm, ADMINSERV, to introduce Electric Vehicle (EV) buses and charging infrastructure as part of its bid to reduce transportation costs across the state.

However, with the initiative designed to commence with the deployment of five electric buses, each valued at N180 million, the project will also involve installing charging stations at selected bus stops in Akure, the state capital, with plans to extend the facilities to other local councils in the state.

Special Adviser to the Governor on Transport, Olumuyiwa Ogunyemi, disclosed this during the MoU signing ceremony, describing the initiative as a pioneering project in the state.

Advertisement

Ogunyemi said that the partnership was designed to address rising transportation costs while providing charging infrastructure for individuals and organisations using electric vehicles.

According to him, the facilities will not be limited to the company’s buses; other electric vehicle owners will also be able to access the charging stations.

EFN Non Oil Export

He stressed that the state government was adopting electric mobility alongside Compressed Natural Gas (CNG) as part of efforts to address the rising cost of transportation.

The special adviser said the state government was also developing CNG infrastructure, including facilities at the Federal University of Technology, Akure, and opposite an NNPC facility in Ore, to improve access to alternative fuel options across the state’s three senatorial districts.

Advertisement

Meanwhile, Managing Director of ADMINSERV, Peter Nnamani, said the company was established in 2025 to develop technology-driven solutions for transportation, including an Artificial Intelligence-enabled application to improve mobility in Ondo State.

He said the initiative would address transportation costs, punctuality, environmental pollution, and security through an integrated electric bus system and digital monitoring.

Join Our Channels

Taboola Recommendation Widget