• News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
  • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Nigeria Mobility Start-up,Shuttlers Adds 20 CNG-Powered vehicles To its Fleet

Olusola Blessing by Olusola Blessing
April 4, 2025
in Automobile, FinTech, News
0
Nigeria Mobility Start-up,Shuttlers Adds 20 CNG-Powered vehicles To its Fleet
Share

Shuttlers, a Nigerian mobility startup, is driving change with the introduction of 20 Compressed Natural Gas (CNG)-powered buses to its fleet in the first quarter of 2025. This addition marks a step towards creating a more climate-friendly transportation solution. In just three months, the startup completed 1,484 trips with these new vehicles.

Damilola Olokesusi, CEO and Co-founder of Shuttlers, shared that the decision to switch to CNG wasn’t just about business but about making a positive impact for their customers and the environment. The shift has resulted in a 29% reduction in costs for riders and a noticeable drop in CO2 emissions.

The move comes at a time when CNG adoption is gaining momentum across Nigeria, largely spurred by the 2023 fuel subsidy removal and a significant hike in petrol prices. CNG, priced at ₦230 per litre, is considered more affordable and longer-lasting compared to petrol.

The Nigerian government has also introduced initiatives to encourage the shift, including a payment plan for converting petrol vehicles to CNG, a conversion app, and plans to distribute 2,000 CNG-powered tricycles to youths in the transportation sector.

Despite its benefits, the adoption of CNG has sparked safety concerns, with reports of explosions linked to converted vehicles. However, Shuttlers has taken steps to address these issues, ensuring the canisters used in its fleet are fireproof and equipped with automatic fire extinguishers. The company also conducts regular vehicle inspections to maintain safety standards.

Founded in 2016 in Lagos to address the city’s transportation challenges, Shuttlers has since expanded to other cities, raised $5.6 million in funding, and become a go-to transportation service for corporate workers across Nigeria.

Post Views: 26
Share

Related Posts:

  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2024 Guide to the Top Business Enabling…
  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Call For Proposals: Nigeria Soot-free Bus CNG/Electric Bus Deployment Projects (US$ 240,000 - US$ 300,000)
    Call For Proposals: Nigeria Soot-free Bus…
  • SMEDAN Partners with Rolling Energy to Convert 100,000 Vehicles to CNG in 18 Months
    Lagos Residents to Get Free Vehicle Conversion to…
  • Nigeria Govt to Launch CNG Vehicles for Mass Transit, to Mark Tinubu’s One Year
    Nigeria Govt to Launch CNG Vehicles for Mass Transit…
  • Call For Applications: Pulitzer ACE Micro Grants 2025: Up to $3,000 Funding in Africa
    Call For Applications: Pulitzer ACE Micro Grants…
Tags: CNGElectric VehicleShuttlers
Previous Post

Call For Applications: HEY Campaign Ambassadorship Program 2025

Next Post

Enugu Chamber of Commerce Promises Quality Products and Reduced Prices at Enugu International Trade Fair

Next Post
Enugu Chamber of Commerce Promises Quality Products and Reduced Prices at Enugu International Trade Fair

Enugu Chamber of Commerce Promises Quality Products and Reduced Prices at Enugu International Trade Fair

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • Access Bank and Deloitte Host SME Business Clinic to Empower MSMEs for Sustainable Growth
  • Sun King Secures N80 Billion Loan with IFC and Stanbic IBTC to Expand Off-Grid Solar Access in Nigeria
  • Nigerian Govt Launches Youth Training in Agriculture, Renewable Energy, and Automotive Industry in Southwest
  • Access Bank to Disburse $100M DFI Loan to Female Entrepreneurs in Nigeria
  • Beef Prices Surge in Abuja Due to Seasonal Scarcity, Forcing Consumers to Seek Alternatives

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2024
  • Otabor Osayomore Blessing on Ultimate 2024 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • About us
  • Advertise with us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.