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    Home - Uncategorized - Senate Passes 2nd Reading of Electric Vehicles Transition Bill
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    Senate Passes 2nd Reading of Electric Vehicles Transition Bill

    Julius AlagbeBy Julius AlagbeNovember 5, 2025Updated:November 5, 2025No Comments2 Mins Read
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    Senate Passes 2Nd Reading Of Electric Vehicles Transition Bill
    Godswill kpabia, Senate President
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    Senate Passes 2nd Reading of Electric Vehicles Transition Bill

    The Nigerian Senate on Wednesday passed the second reading of a bill aimed at facilitating the country’s transition to electric vehicles (EVs) and promoting green mobility.

    The bill, sponsored by Sen. Orji Uzor Kalu, sought to establish a legal framework for EV adoption, local manufacturing, environmental sustainability, and economic growth.

    Presenting the lead debate, Kalu said the legislation would guide Nigeria’s gradual shift from petrol- and diesel-powered vehicles to cleaner, environmentally friendly alternatives.

    He highlighted that the transport sector contributed 25–30 per cent of national greenhouse gas emissions, with more than 12 million registered vehicles still relying on fossil fuels.

    Kalu stressed that the bill aligned with global best practices and Nigeria’s international environmental commitments.

    He noted that advanced nations, such as Norway, aimed for full electric mobility by 2030, while African economies like South Africa and Kenya had adopted national EV policies.

    “Nigeria risks being left behind without decisive action,” he warned.

    The lawmaker emphasised the bill’s economic potential, citing the global EV industry’s projected value of more than 1.5 trillion dollars by 2030.

    He said with abundant mineral resources like lithium and nickel, Nigeria could benefit from local EV and battery production, while reduced emissions would improve public health.

    Sen. Adamu Aliero (APC-Kebbi) described the bill as timely, noting that cities like Lagos and Kano would benefit from reduced carbon emissions.

    Senate President Godswill Akpabio, hailed the initiative as “a good innovation” and referred the bill to the Senate Committee on Industries for further legislative review, with a report expected in four weeks

    Naira Drops at Official Window to N1,436 as FX Inflow Dips

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    Julius Alagbe
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    Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.

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