- The Memorandum of Understanding aims to roll out electric vehicles for mass transportation within Cross River State.
- It also targets building an electric vehicle assembly plant and a 100MW wind plant for power generation.
Oando Plc has partnered with the Cross River State Government to create an electric vehicle (EV) assembly plant to produce electric-powered mass transit vehicles. They sealed the deal during a side event at COP28 in Dubai hosted by Oando Clean Energy (OCEL), a subsidiary of Oando Group.
Oando unveiled its clean energy solutions and how the company supports the government in achieving its net zero ambition by 2060. The Memorandum of Understanding aims to roll out electric vehicles for mass transportation within the state. It also targets setting up an electric vehicle assembly plant, thus creating jobs for local indigenes and building a 100MW wind plant for power generation.
At the event, OCEL displayed the significant milestones recorded to date. Specifically, they presented their broad spectrum of projects across sustainable transport, waste to value, wind, geothermal and solar. The State Commissioner for Special Duties, Oden Ewa, represented the Governor of Cross River State, Senator Prince Bassey Out, at the MOU signing.
He stated, “This landmark agreement marks a significant step forward in Cross Rivers’ journey towards a cleaner and more sustainable future. The MOU paves the way for transitioning our mass transit system to cleaner and less expensive fuels whilst also allowing for the use of our natural resource, wind, to provide electrification for our people.”