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Gbeminiyi Ogunleye
4 weeks ago
Overview
How NEV Electric is Using Local Manufacturing to Solve Nigerias Mass Transit Crisis and Power a Clean Future
As Nigeria marks 65 years of independence, attention is shifting toward the next phase of freedom — one defined not just by political sovereignty but by economic and industrial self-reliance. In the transport sector, NEV Electric Ltd is emerging as a key player shaping that vision, using local manufacturing and clean energy to solve Nigeria’s mass transit challenges.
For decades, Nigeria’s public transport system has relied heavily on imported vehicles and fossil fuels, exposing citizens to fuel price shocks and rising costs. NEV Electric is changing that narrative through an integrated model that combines local assembly, increasing local content manufacturing, and sustainable infrastructure deployment.
The company currently builds its electric buses with 30% local content, incorporating Nigerian components, materials, and labor, with a clear roadmap to reach 70% local content as domestic supply chains expand. This strategy ensures more value remains within the economy, fueling industrial growth, job creation, and technology transfer.
“True independence means being able to design, build, and power what we need with our own hands,” says Mosope Olaosebikan, Founder of NEV Electric. “We’re not just assembling buses; we’re building Nigeria’s transport future — powered by clean energy, local innovation, and sustainable systems.”
