MAX CEO bets on EVs as transport costs drain Nigerians’ pockets

AI Summary

The CEO of MAX highlights the growing transportation costs burdening Lagos commuters amidst inflationary pressures and economic reforms in Nigeria. The focus is on electric vehicles as a potential solution to reduce transport expenses.

On any given day, over 8 million people commute across Lagos in search of their daily bread. As one of the world’s mega-cities, this isn’t surprising at all. What is shocking, however, is how expensive these commutes have become to the average commuter. Amid inflationary pressures and biting hardship fueled by President Tinubu’s reforms, a growing number of Nigerians can […] The post MAX CEO bets on EVs as transport costs drain Nigerians’ pockets appeared first on Nairametrics.