News

Ogun Begins Conversion Of Buses, Motorcycles, Tricycles To Gas, Electricity

Published

3 years ago

July 4, 2023

Editor

Ogun State governor, Prince Dapo Abiodun, said yesterday that the E-mobility and Gas-Mobility programme of the state would take off in the first week of August.

The governor also said his administration would take advantage of the newly signed electricity bill that regulates the power sector by establishing a company that would generate and distribute power supply in the state.

Abiodun, who disclosed this when he received participants of the Senior Executive Course 45, Group 1, of the National Institute for Policy and Strategic Studies, NIPSS, Kuru, Jos, who came on a courtesy call in his office at Oke-Mosan, Abeokuta, said that his administration would focus on the provision of public utilities, including water and electricity supply.

The e-mobility and gas mobility involve the conversion of mass transit buses from petrol to gas and motorcycles (Okada) to electric.

He said: “I am proud to say that in Ogun State, we have put in measures and plans to begin an energy transition plan and we are going to start converting all our state buses to begin to run on CNG.

‘’That programme has already commenced and we are actually going to launch what we call our our E-mobility and Gas Mobility Programme sometime around the end of this month or first week in August.

“The gas mobility is that which we convert not just our buses to operate on gas, but all mass transit will begin to operate on gas and our E-mobility is a program that will make for all our motorcycles and tricycles to run on electricity.

‘’They will be battery-powered. We are going to launch that program either last week of this month or first week of next month.

“We will take the motorcycles from the riders and give them electric powered motorcycles, this program will have a cushion effect on what our masses are currently experiencing and besides that, it will begin a new phase of dispensation of clean energy which speaks to the issue of climate change.”

Governor Abiodun also disclosed that Ogun State was planning to generate its own electricity, following the signing of the 2023 Electricity Bill into law by President Bola Ahmed Tinubu on June 9, which empowers states, companies and individuals to generate, transmit and distribute power.

He added: “We are going to take advantage of the constitutional amendment that has now removed power generation from the exclusive list and put it on the concurrent list.

“We will have our own generation company, state distribution company, and ensure that we can provide more power to our major towns and cities. Once we are able to do that, the grid can be sufficient for our small towns.’’

The governor also said his government had spent so much on the rehabilitation of water works across the state in its efforts to ensure the availability of portable water to the populace.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

4 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

6 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.