Federal Government on Wednesday summed up the reasons for the all-time increase in the pump price of fuel, saying that it was broke and needed to raise money to keep the system afloat. The government said that Nigeria’s foreign earnings had drastically waned in the recent times that the only way out of the financial quagmire was to look inwards to generate more money. Information Minister, Mr. Lai Mohammadu made the disclosure while briefing the State House Correspondents alongside his colleagues, the Attorney General of the Federation, AGF and Minister of Justice, Abubakar Malami and Minister of Power, Works and Housing, Mr. Babatunde Fashola and Labour Minister, Dr. Chris Ngigie at the end of the Federal Executive Council meeting, chaired by President Muhammadu Buhari.

Countries like Netherlands have already plunged in Electric Vehicles. Range anxiety is real for electric vehicle (EV) drivers. But it will soon be a thing of the past for EV owners in the Netherlands. Fastned, a Dutch electric vehicle charging network company, has chosen ABB to provide more than 200 DC fast-charging stations that will blanket the country of more than 16 million people. The chargers will all be within 50 kilometers of each other. It is not surprising that Fastned chose ABB to provide the charging stations, since the Fastend founders worked at a Dutch EV charging company called Epyon B.V., which was acquired by ABB in 2011.

Read more at: http://skylighttech.com/blog/netherlands-builds-nationwide-ev-fas/

I think so too. But there are problems to overcome before they will gain way here in Nigeria, I think. The list is long. The most poignant on that list however, is that there are interests in Nigeria which/who will not tolerate such a threat to the relevance of oil and gas.

I think my post on the thread below is also pertinent here. Especially the third paragraph.

https://www.nairaland.com/3119330/see-worlds-first-solar-powered#45958986