Coy Commends Senate on Petrol Vehicle Phase-out Bill

Emma Okonji

MAX, a mobility and clean energy company, has commended the Nigerian Senate’s advancement of the bill proposing the gradual phase-out of petrol-powered vehicles, which has now scaled its second reading.

According to MAX, the development marks a significant milestone in the nation’s transition toward sustainable, affordable, and future-ready transportation.

“As Nigeria faces mounting challenges from rising fuel costs, carbon emissions, and urban congestion, the proposed legislation signals a bold step toward a cleaner, healthier, and more economically inclusive future,” Co-founder and CEO of MAX, Adetayo Bamiduro, said in a statement.

Co-founder and President of MAX, Chinedu Azodoh, added: “The transition to clean mobility must be accessible, inclusive, and powered by practical solutions that work for everyday Nigerians. At MAX, we have already demonstrated how electric vehicles, battery swapping, and innovative financing models can lower costs for riders and businesses while reducing our collective environmental footprint. We look forward to collaborating closely with policymakers to scale this transition nationwide.” MAX currently operates Nigeria’s largest electric vehicle fleet, supported by decentralised battery-swapping infrastructure, solar-powered charging hubs, and a financing model that enables riders to own EVs without collateral or upfront payments.