1 Million Vehicles Converted To Use CNG To Save Nigeria $2.5B Yearly, 6 Million Litres Of Petrol Per Day

1 Million Vehicles Converted To Use CNG To Save Nigeria $2.5B Yearly, 6 Million Litres Of Petrol Per Day

One million vehicles converted to use CNG will save Nigeria $2.5 billion yearly, save 6 million litre of petrol per day.  In addition to being 18 time safer than our petrol and diesel, motorists can realise between 40% to 50% savings with CNG.  CNG is expected to end the era of pollution, environmental degradation as well as reduce the cost of transportation. The Federal Government has explained that Nigeria will save about $2.5 billion per year and about 6 million litres of petrol per day for...
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NASENI Wants Approval From Tinubu To Convert All Cars In The State House Fleet To Use CNG

NASENI Wants Approval From Tinubu To Convert All Cars In The State House Fleet To Use CNG

NASENI boss wants approval from president Tinubu to convert all the vehicles in the State House Fleet to run on CNG fuel. He said this during the launch of the NASENI-Portland CNG Conversion, Filling, Reverse Engineering and Training Centre in Abuja. According to NASENI boss, the facility can convert 15 cars every two hours, which translates to 2,700 conversions per month. The National Agency for Science and Engineering Infrastructure (NASENI) has urged President Bola Tinubu to give the Agency a...
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Tinubu Commissions NASENI-Portland CNG Conversion Centre, Directs MDAs To Patronise Its Products

Tinubu Commissions NASENI-Portland CNG Conversion Centre, Directs MDAs To Patronise Its Products

Tinubu on Friday commissioned NASENI-Portland CNG Conversion, Filling, Reverse Engineering and Training Centre in Utako Abuja. At the event, he directed Federal MDAs to patronise products of NASENI to support Made-in-Nigeria goods and reduce importation. CEO of NASENI says that the facility can convert 15 cars every two hours, which translates to an output of 2,700 conversions per month. President Bola Ahmed Tinubu has directed Federal Ministries, Departments and Agencies (MDAs) to patronise pro...
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CNG Vehicles : Minister Of Petroleum Resources (Gas) Visits IVM Plant, Commends CEO’s Ingenuity

CNG Vehicles : Minister Of Petroleum Resources (Gas) Visits IVM Plant, Commends CEO’s Ingenuity

Minister of Petroleum Resources (Gas) Ekperike Ekpo pays courtesy visit to Innoson Vehicle Manufacturing (IVM) plant.  During the visit, Chukwuma emphasized that the new CNG plant can produce over 30,000 buses per annum. The Minister expressed his admiration for IVM boss’ expertise and ingenuity in producing (CNG) vehicles. Ekperike Ekpo noted that it aligns with President Bola Ahmed Tinubu’s directive to replace petrol cars with CNG vehicles. Ekpo promised to share his experience with the...
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Here Are Some Filling Stations Where Motorists Can Buy CNG In Lagos And Abuja

Here Are Some Filling Stations Where Motorists Can Buy CNG In Lagos And Abuja

Here are some filling stations where motorists can buy Compressed Natural Gas (CNG) in Lagos and Abuja.  The Presidential CNG Initiative (PCNGI), led by Engineer Michael Oluwagbemi, has announced some filling stations where motorists can refill their Compressed Natural Gas (CNG) vehicles ahead of official launch on May 29th. As part of private sector collaboration, Nigerian Independent Petroleum Company (NIPCO) and BOVAS are involved in offering refilling services for the CNG vehicles and also...
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Customs Gets CNG-powered Buffaloes, MDAs To Buy Only CNG Vehicles, Sale Of E-tags Begins, NPA Clears Mile 2-TinCan-Apapa Gridlock, News In The Past Week

Customs Gets CNG-powered Buffaloes, MDAs To Buy Only CNG Vehicles, Sale Of E-tags Begins, NPA Clears Mile 2-TinCan-Apapa Gridlock, News In The Past Week

Customs gets 200 CNG-powered Buffaloes, MDAs to buy only CNG vehicles, sale of E-tags begins, NPA clears decade-long gridlock at Mile 2-TinCan-Apapa corridor, news in the past week. Tinubu Orders All Ministries, Departments And Agencies To Purchase Only CNG-powered Vehicles President Bola Tinubu on Monday May 13th directed the mandatory procurement of Compressed Natural Gas (CNG)-powered vehicles by all Government Ministries, Departments and Agencies. The move is also in furtherance of Nigeria...
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Spiro, Africa’s Largest Electric Vehicle Maker, Agrees To US$50m Debt Facility With Afreximbank to Accelerate Expansion

Spiro, Africa’s Largest Electric Vehicle Maker, Agrees To US$50m Debt Facility With Afreximbank to Accelerate Expansion

Spiro, Africa’s largest Electric Vehicle Company, agrees to US$50 Million Debt Facility with Afreximbank to accelerate expansion. The EV company says the US$50 million debt facility will help expand its network of automated swap stations and introduce new electric bike models. Last August, Spiro announced a $63m debt funding round with Societe Generale, a deal designed to expand the company’s footprint in Benin and Togo. Spiro, Africa’s largest Electric Vehicle (EV) Company, has announced...
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FG Approves N12.5bn To Buy 200 CNG-powered Toyota Land Cruiser “Buffalo” For Nigeria Customs

FG Approves N12.5bn To Buy 200 CNG-powered Toyota Land Cruiser “Buffalo” For Nigeria Customs

FG approves N12.5bn billion to buy 200 CNG-powered Toyota Land Cruiser 70 “Buffaloes” for the Nigeria Customs Service. An additional sum of N522 million was also granted by FG to insure the Toyota Land Cruiser 70 Series pickup trucks. The Aproval was granted at the Federal Executive Council (FEC) meeting, chaired by the Nigerian President Bola Tinubu. The Federal Government has approved the sum of N12.5 billion for the purchase of Two Hundred (200) brand new Toyota Land Cruiser 70 Series ‘...
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From Petrol To Gas : NADDC Set To Commence Accreditation Of CNG Conversion Workshops To Ensure Safety

From Petrol To Gas : NADDC Set To Commence Accreditation Of CNG Conversion Workshops To Ensure Safety

National Automotive Design and Development Council set to commence accreditation of CNG conversion workshops. The move is to ensure safety and standard amid plans let Nigerians use CNG as an alternative and cheaper transportation fuel. NADDC aims to sensitise converters on the guidelines for the CNG powered vehicle conversion to ensure best practices. About one million CNG-powered vehicles expected to be produced by 2027 while over N3b investments would be realised in the sector. The National Au...
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PCNGi : NADDC Boss, Minister of Finance Tours JET Motors CNG Buses Assembly Plant In Lagos

PCNGi : NADDC Boss, Minister of Finance Tours JET Motors CNG Buses Assembly Plant In Lagos

PCNGi : NADDC boss, Minister of Finance tours JET Motor Company CNG Buses assembly plant in Lagos. JET Motors Company is one of the selected assembly plants under the Presidential Compressed Natural Gas Initiative (PCNGi). It costs about N55k to fill a 15-20 seater buses with petrol, while N12,000-15,000 will be needed to fill a CNG bus of the same capacity. JET Motors is currently assembling Semi-Knocked Down (SKD) components of CNG and electric buses and tricycles. The Director General of the...
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