Tuesday, August 16, 2016

Launching Electric Cars in Nigeria

A firm, Carbon Credit Network (CCN) has concluded plans to storm the world with made in Nigeria electric cars through her renewable energy drive. The Chief Executive Officer of the company, Mr. Femi Oye disclosed this at the fourth anniversary ceremony in Lagos recently. According to him, “The technology is already here only waiting for some documentation. CCN is pioneering electric cars in Nigeria, starting with our tricycle cars to advanced luxury cars. The good thing about it is that they are not imported, they are to be manufactured here.”

Oye, who recalled that he set up shop few years ago with less than N100, 000, said the company has recorded some milestones. “Today, it is a multibillion naira organisation as a result of the contributions of partners across the globe,” he said. While reeling out the achievements since its inception, he noted that over three million Nigerians have benefitted from the impact and opportunities created directly or indirectly from over 45, 000 entrepreneurs created in the last four years.

While noting that over 70 per cent graduates are out of jobs across the country, he urged the Federal Government to create the enabling environment to allow entrepreneurs to thrive. We have over 45, 000 active entrepreneurs talking about our business every day. Each of these entrepreneurs has a family of about six to seven people that depend on them. If we have like six other companies doing this too, government can raid in taxes to build infrastructures that we need,” he said.

While speaking on the CCN plan to establish a bio-fuel refinery in Nigeria, the CCN boss said his company has seen a lot of economic opportunities in what the world calls a monster waste. “To militate against the effect of food security we cannot continue to produce fuel when the world is going hungry. We are losing over 100 thousand women yearly to indoor air pollution from black carbon that is why we decided to do something differently.”

The event tagged: ‘Renewable Energy and Economic Development: Impact and Opportunities’ had academia, environmental experts, financial experts, community women, banks and civil society groups.

Read the full article @ The Nation

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