that it took delivery of electric mass transit buses that will kick off the proof-of-concept phase of the company’s sustainable transport initiative.Speaking on the progress of the scheme, Ogunbanjo said the company is in partnership with Ikeja Electric Distribution Company and “they’ve been able to provide to us consistent, uninterrupted power from the beginning of the phase”.
She said a key issue that ETP addresses is “what can happen in terms of getting people more into public transit and getting more people interested in mass transit systems”.Speaking on his organisation’s efforts as a development financing bank , Banjo Alimi, head of renewable energy and mobility, Sterling Bank, said the bank will open its commercially and publicly available EV charging stations by the end of the month, in Lagos.
“What we decided to do about a year ago is to study the industry and we decided very quickly, much like this is where mobility is going to and that we have to position for it. We thought about beyond financing,” he said.