Tag: CNG FG

‘I spent N4,100 instead of N28,000 on fuel’ — Nigerians excited, as NNPCL’s CNG station begins operation

Aminu Imam

Nigerians are excited about the cost-effectiveness of Compress Natural Gas (CNG) as the Nigerian National Petroleum Company Gas Marketing Ltd begins dispensing autogas in Lagos. “We are pleased to announce that Compressed Natural Gas (CNG) is now available for purchase at our location, catering to both cars and trucks,” the company’s Chief Corporate Communications Officer, Femi Soneye, said, while announcing the opening of the CNG filling station on Thursday. Since the removal of fuel subsidies by President Bola Ahmed Tinubu in May 2023, NNPC Limited has been spearheading the nation’s…

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FG targets N6.6tr petrol import savings yearly from CNG usage

Aminu Imam
FG CNG

The Presidential Compressed Natural Gas Initiative (PCNGi) has projected substantial savings of about $4.4 billion (N6.6 trillion) annually in petrol importation through the conversion of approximately one million vehicles to Compressed Natural Gas (CNG). During a presentation at the Co-Creation Session on Nigeria Gas Vehicle Monitoring System (NGVMS) held in Abuja, the PCNGi’s Coordinator of Regulations, Compliance, and Facilitation, Engr. Zayyan Tambari, highlighted the initiative’s potential impact. He noted that an investment of around $890 million would be necessary to establish the infrastructure for this alternative fuel, saying the Government…

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FG targets $4.4bn petrol import savings yearly from CNG usage

Aminu Imam
FG on CNG

As the Federal Government continues the push for increased gas supply to the domestic market, the Presidential Initiative on Compressed Natural Gas, (PCNGi), has disclosed that about $890 million investment would be required to develop infrastructure for the alternative fuel. The PCNGi also revealed that it expects to convert about one million vehicles to CNG, which it said would save about $4.4 billion annually in petrol importation. Making a presentation at a Co-Creation Session on ‘Nigeria Gas Vehicle Monitoring System), (NGVMS), in Abuja yesterday, the Coordinator, Regulations, Compliance and Facilitation,…

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‘CNG-powered vehicles will save Nigeria $2.5bn yearly’ – FG

Aminu Imam
CNG vehicles

The Federal Government has said that about $2.5 billion would be saved yearly from every one million vehicles converted into Compressed Natural Gas (CNG)-powered cars. Programme Director, Presidential Committee on Compressed Natural Gas, Michael Oluwagbemi, disclosed this during the South-South/South-East Stakeholders Engagement Meeting on Presidential Initiative on CNG, which was held in Port Harcourt, Rivers State on Friday. Oluwagbemi explained that the initiative has the capacity to reduce the current inflation bedevilling the nation’s economy He said the push for CNG by the Federal Government is germane for the economic…

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CNG initiative: FG targets 25,000 jobs, $2.5bn investment in 3yrs

Aminu Imam
FG CNG

The Programme Director and Chief Executive of the Presidential Compressed Natural Gas (CNG) Initiatives, Michael Oluwagbemi, has announced the Federal Government’s plan to target over 25,000 jobs and $2.5bn worth of investment by 2027. Oluwagbemi made this known during the Presidential CNG stakeholders’ engagement workshop held at BOVAS Auto-Gas filing stations, Ajibode Bus-Stop in Ibadan, Oyo State capital on Friday. He said the initiative, which was part of palliative measures to ease the burden of the removal of fuel subsidy, will attract enormous investment and job creation that will impact…

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Kaduna-Abuja highway attacks: Coalition of Northern Groups again tackles Buhari

Aminu Imam

…Says his threats ineffective Following the renewed regular attacks on passengers on Kaduna-Abuja highway, and the recent order by President Muhammadu Buhari for troops to get merciless with bandits, the Coalition of Northern Groups, (CNG), has described the administration as the worst in the history of the country. The spokesperson of the Coalition, Abdul-Azeez Suleiman, while reacting to the recent rise in attacks, killings and kidnappings in the North while the presidency issues empty threats, said government has completely lost control of the region’s forests and highways to armed criminals…

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Send army to Sambisa, Birnin Gwari, others, not streets, CNG tells FG

Ishaku Yohanna

The Coalition of Northern Groups, CNG, has cautioned the Federal Government against going ahead with its planned military exercise, Operation Crocodile Smile, saying it could lead to chaos at a time like this. It also described the operation scheduled to commence on October 20, 2020, as ill-timed and ill-advised. The group said this today  in a statement by its spokesperson,  Mr. Abdul-azeez Suleiman. According to CNG: “The move to deploy the military on Nigerians already taken over by peaceful #EndSARS and #EndInsecuriyNow protesters is ill-timed, ill-advised and a deliberate and costly attempt…

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