Minister of Aviation and Aerospace Development, Festus Keyamo, has commissioned four new compressed natural gas (CNG)-powered buses for passenger use at the Murtala Muhammad International Airport in Lagos. Naija News reports that the Federal Airports Authority of Nigeria (FAAN) made this known in a statement on Friday. FAAN said the buses, designed to cater to persons with special needs, demonstrate Nigeria’s commitment to reducing carbon emissions and meeting global climate targets. In additi...

The Federal Airports Authority of Nigeria in collaboration with the United Bank for Africa has refurbished the E-wing of the Murtala Muhammed International Airport in Lagos. FAAN also received four long CNG-powered buses to improve passengers’ mobility within the airport premises. The Managing Director of FAAN, Olubunmi Kuku, on Friday, said the development was to enhance the overall passenger experience at the airport. Kuku also assured aviation stakeholders of the organisation’s continued...

Home Companies Updated – December 19, 2024 at 09:12 PM. | New Delhi Kia India unveils compact SUV Syros, to be launched in February 2025 Hardeep Singh Brar, Senior Vice President, Sales and Marketing, Kia India | Photo Credit: KAMAL NARANG Kia India on Thursday said that it was working on CNG and other alternative powertrains for the Indian market and will launch at appropriate time, adding that the government should also reduce taxes including GST on passenger vehicles because 65 per cent...

The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), commonly known as cooking gas, and Compressed Natural Gas (CNG). Additionally, the NCS has introduced a zero per cent import duty on these products. The decision, which aims to reduce the financial burden on consumers, was communicated by the NCS’s National Public Relations Officer, Mr. Abdullahi Maiwada, in a statement issued yesterday. The statement said: “In alignment wit...

The Nigeria Customs Service said importers of gas-related equipment must present a letter of Import Duty Exemption Certificate (IDEC) from the Federal Ministry of Finance and a letter of support from the Office of the Special Adviser to the President on Energy to benefit from a zero import tariff. This comes as the service on Wednesday announced that it has commenced the implementation of a zero import tariff for all gas equipment importation. Items to be exempted from the import tariff comprise...