President Tinubu directs govt agencies to procure CNG-enabled vehicles

President Tinubu directs govt agencies to procure CNG-enabled vehicles

President Bola Tinubu has directed the mandatory procurement of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies. Ajuri Ngelale, presidential spokesman, said in a statement that the president’s directive is also in furtherance of Nigeria’s effort to transition to cleaner energy. He added that CNG-enabled vehicles have been adjudged to produce lower emissions, even as they present a more affordable alternative for Nigerian energy consumers. Addre...
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Gas Potential: Tinubu Orders All Govt Ministries, Depts & Agencies To Buy CNG Vehicles

Gas Potential: Tinubu Orders All Govt Ministries, Depts & Agencies To Buy CNG Vehicles

Business also in furtherance of Nigeria’s effort to transition to cleaner energy Published 15 hours ago on May 13, 2024 In line with his commitment to ensure energy security, drive utility, and cut high fuel costs, President Bola Tinubu has directed the mandatory procurement of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies. The President’s directive is also in furtherance of Nigeria’s effort to transition to cleaner energy as CNG-enabled ve...
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Tinubu Commissions Lithium Processing Plant, Set To Make Nigeria Electric Vehicle Battery Manufacturing Hub Of Africa

Tinubu Commissions Lithium Processing Plant, Set To Make Nigeria Electric Vehicle Battery Manufacturing Hub Of Africa

President Tinubu to Lithium Investors : My Govt is to make Nigeria the Solar Panel/EV Battery manufacturing hub of Africa. The president made the remarks following the inauguration of a $200 million lithium processing plant in Nasarawa State. The lithium processing plant in Nasarawa is a 500-million-dollar turnover company, according to the State Governor. President Tinubu has told Chinese Lithium investors that his government is set to make Nigeria the Solar Panel and Electric Vehicle (EV) Batt...
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Cheaper CNG buses to slash transportation costs, curb inflation – Edun

Cheaper CNG buses to slash transportation costs, curb inflation – Edun

The federal government has said the introduction of Compressed Natural Gas (CNG) buses under the Presidential CNG Initiative (PCNGi) will lead to a substantial reduction in transportation costs, ultimately helping to curb inflation. The Finance Minister and Coordinating Minister of the Economy, Olawale Edun, stated this during a visit to the JET Motor Company (JET) Assembly Plant in Lagos, where CNG buses are being assembled. According to a statement yesterday by the Senior Special Assistant to...
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Toyota Set To Invest Heavily On Electric Vehicles And Artificial Intelligence

Toyota Set To Invest Heavily On Electric Vehicles And Artificial Intelligence

Toyota, often considered a reluctant follower in the electric vehicle race, is making a dramatic U-turn with a hefty investment push into EV development and artificial intelligence. This is a significant shift in strategy for the Japanese giant, which has long advocated for hydrogen fuel cell technology to be the future of sustainable transportation. Spearheading this transformation is Toyota’s CEO, Koji Sato. Under his leadership, the company has recently seen record profits, and now Sato...
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Chevrolet Malibu heads for the junkyard as GM shifts focus to electric vehicles

Chevrolet Malibu heads for the junkyard as GM shifts focus to electric vehicles

Updated : , ,   DETROIT (AP) — The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard. General Motors confirmed Thursday that it will stop making the car introduced in 1964 as the company focuses more on electric vehicles. The midsize sedan was once the top-selling segment in the U.S., a stalwart of family garages nationwide. But its sales started to decline in the early 2000s as the SUV became more prominent and pickup truck sales grew. Now the...
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CBN’s Cybersecurity Levy Heartless, Unacceptable, Say Northern Groups   

CBN’s Cybersecurity Levy Heartless, Unacceptable, Say Northern Groups  

The Coalition of Northern Groups (CNG) has strongly rejected the proposed imposition of 0.5% cybersecurity levy on every electronic transaction in the Nigerian banking system by the Central Bank of Nigeria (CBN), describing it as extortion. In a statement by CNG’s National Coordinator, Comrade Jamilu Charanchi, the group said the levy, which is expected to be effective within the next two weeks, exemplified the Federal Government’s lack of compassion and empathy to the plight of Nigerians in...
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Mercedes-Benz Backs Away from Electric Vehicles amid Weak Sales

Mercedes-Benz Backs Away from Electric Vehicles amid Weak Sales

German luxury automaker Mercedes-Benz is backing away from its commitment to fully transition to Electric Vehicles (EVs) by 2030 amid weak sales, shifting back to gas-powered cars that remain in demand among car buyers. According to Bloomberg UK, Mercedes-Benz CEO Ola Källenius told shareholders on Wednesday that the automaker’s “transformation” to EVs “might take longer than expected.” Källenius had sought to make Mercedes-Benz fully electric by 2030. In July 2021, Mercedes-Benz...
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No, combustion engines won’t be supplanted by electric vehicles—and they’re critical for sustainable transport

No, combustion engines won’t be supplanted by electric vehicles—and they’re critical for sustainable transport

Today, support for a sustainable future of transport is unanimous, and it is rightfully acknowledged that electric vehicles (EVs) will play a critical role in pursuing this transition. However, we also need to remember that there is no one-solution approach to sustainable mobility. Every part of the world, while heading in the same direction, needs the ability to use the solutions that are the best fit for their markets. For several years, policymakers have experimented with legislative force to...
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CNG tasks presidency, NASS on fuel scarcity, seeks reversal electricity tariff hike

CNG tasks presidency, NASS on fuel scarcity, seeks reversal electricity tariff hike

The Coalition of Northern Groups (CNG) has called for immediate intervention of the presidency and National Assembly on the lingering fuel scarcity and the recent increase in electricity tariff in the country. The group, which expressed serious concerns on the untold hardship Nigerians are going through as a result of the dual problems, said posterity would judge the government if it fails to swiftly address the economic issues. “We are outraged at the failure of the relevant authorities to ad...
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