LOTUS Bank has partnered with the Presidential Initiative on CNG & EV to support the Federal Government’s push for cleaner and more affordable transportation through compressed natural gas and electric vehicles.
According to a statement, the collaboration was announced during the launch of the Northern Corridor of the CNG and EV Programme held in Kano, Kano State, on Thursday.
The government stated that the initiative aims to accelerate the adoption of cleaner and more sustainable mobility alternatives by expanding CNG and EV infrastructure nationwide.
Speaking at the event, the Deputy Chief of Staff to the President, Ibrahim Hadeja, who represented Vice President Kashim Shettima, described the programme as an economic strategy designed to cut transportation costs and improve the welfare of Nigerians.
“Transportation costs affect everything: food prices, manufacturing, logistics, and ultimately the lives of ordinary Nigerians. This initiative is not just an energy policy. It is an economic strategy for national growth,” Hadeja said.
