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Fuel Subsidy Ends, Riders Shift to 1M Naira E-Bikes

8/16/2026

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Story summary
  • After President Bola Tinubu ended Nigeria’s fuel subsidy on May 29, 2023, riders began using electric motorcycles that cost about 1 million naira, while petrol rose to 1,365 naira per litre.
  • Ayuba Abubakar reports his electric bike saved him about 5,000 naira ($3.7) and needed no major maintenance after three months.
  • Muhammad Abubakar, CEO of Sustenaa, warns that charging bikes with generators defeats emissions benefits and urges duty cuts and battery-swap stations.