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Transportation Transformation: Finance Minister Endorses Indigenous Innovation in Nigeria’s EV

by Nwabuko

By Chibuike Nwabuko

ABUJA (PRECISE POST) – Honourable Minister of Finance & Coordinating Minister of the Economy, Wale Edun has commended NEV Electric, an indigenous electric vehicle company by Brilliant Model Technology, for its role in advancing Nigeria’s transportation sector.

This was contained in a statement released on the official X handle of the Federal Ministry of Finance on Monday.

According to the statement, during a firsthand experience with NEV Electric’s buses on Sunday, the Minister praised the company’s innovation in sustainable mass transit, aligning with President Bola Tinubu’s Renewed Hope Agenda for cleaner and more efficient transportation.

Edun highlighted the initiative’s potential to create jobs, enhance energy security, and improve urban mobility.

Reaffirming the government’s support for local innovation, the Honourable Minister emphasised the importance of private-sector collaboration in driving Nigeria’s transportation transformation.

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