Petrol has repriced permanently upward
N1,215–1,400/litreA full 10–12 hour shift burns N50,000–60,000 of petrol — roughly half of gross revenue, and the largest single cost in Nigerian commercial mobility.
The opportunity — three facts, dated July 2026
Three things changed at once,
and they changed in our favour.
Each is verifiable, each is dated, and each is stated with the figure it rests on. Nigerian prices move; so we date them.
01
02
EV imports are duty- and VAT-free
0% duty · 0% VATImport duty was removed on electric vehicles from 1 July 2026 under the Fiscal Policy Measures; the Nigeria Customs Service waived VAT as well from 30 July, under the Presidential Gas for Growth Initiative. Hybrids and dual-fuel vehicles are excluded, and the exemption is claimed against an Import Duty Exemption Certificate from the Federal Ministry of Finance.
03
Charging infrastructure is effectively absent
~12 stations · <500 EVsNationwide. Whoever controls charging controls fleet viability — and in Abuja there is no incumbent to displace.
04
Cost per kilometre, energy only
N150/kWh blended, 15 kWh/100 km, against petrol at N1,400/litre, 10 L/100 km. Hover or focus any bar.