Federal Govt, AfDB to Inspect Saglev’s EV Manufacturing Hub in Lagos
Written by Blessing Ajibuwa on July 29, 2025
The Federal Government and the African Development Bank (AfDB) will inspect Saglev Electromobility Company Limited’s electric vehicle manufacturing hub in Lagos. The visits underscore Saglev’s role in advancing Nigeria’s green industrialisation and Africa’s e-mobility transformation. Producing 16 EV models, Saglev promotes local content, job creation, and sustainable transport.
Saglev’s EV Manufacturing Hub
– *Electric Vehicle Production*: Saglev’s manufacturing hub produces 16 EV models, including ride-hailing cars and BRT buses.
– *Local Content*: The company promotes local content and job creation, contributing to Nigeria’s economic development.
– *Sustainable Transport*: Saglev’s electric vehicles offer a sustainable transportation solution, reducing carbon emissions and promoting a cleaner environment.
Importance of the Inspection
– *Validation of Saglev’s Commitment*: The inspection validates Saglev’s commitment to Nigeria’s clean energy future and its role in driving industrial transformation.
– *Collaboration with Government and AfDB*: The visits highlight the collaboration between Saglev, the Federal Government, and AfDB in promoting green industrialisation and sustainable development.
– *Boosting Economic Growth*: The inspection may lead to increased investment and economic growth in Nigeria’s automotive industry.
Saglev’s Contribution to Nigeria’s Economy
– *Job Creation*: Saglev’s manufacturing hub creates jobs and contributes to Nigeria’s economic development.
– *Local Content*: The industry’s growth can boost economic growth and increase Nigeria’s competitiveness in the global market.
– *Sustainable Development*: Saglev’s commitment to sustainable transport and green industrialisation contributes to Nigeria’s sustainable development goals.
