Convert to CNG or continue to buy petrol at N1,000 per litre, Tinubu tells Nigerians

Convert to CNG or continue to buy petrol at N1,000 per litre, Tinubu tells Nigerians

Bola Tinubu, Nigeria’s president has told Nigerian motorists to covert their vehicles to the compressed Natural Gas (CNG) engine and buy the product at N200, or continue to purchase petrol at N1000 per litre. Tinubu who said this during a meeting with the company’s executive on Tuesday at the State House, Abuja, praised NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI). During the meeti...
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President Tinubu Meets NIPCO Executives And Commends Investments In The CNG Sector

President Tinubu Meets NIPCO Executives And Commends Investments In The CNG Sector

President Bola Tinubu thanked NIPCO for investing in Nigeria’s Compressed Natural Gas (CNG) sector during a meeting with the company’s executives at the State House in Abuja. The President commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI).During the meeting, President Tinubu acknowledged NIPCO’s role as a critical player in enhancing the adoption of CNG as an alternative fue...
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President Tinubu commends idea of CNG, meets NIPCO executives in Aso Rock

President Tinubu commends idea of CNG, meets NIPCO executives in Aso Rock

President Bola Tinubu met with the executives of NIPCO on Tuesday, expressing his gratitude for the company’s significant investments in Nigeria’s Compressed Natural Gas (CNG) sector. During the meeting, Tinubu highlighted the importance of NIPCO’s contributions to the nation’s energy, emphasizing how such investments play a crucial role in enhancing energy security and promoting sustainable development. President Bola Tinubu in Office at Aso VillaHe encouraged continued collaboration be...
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General Motors To Start Making Profit From Their Electric Vehicles

General Motors To Start Making Profit From Their Electric Vehicles

General Motors (GM) CEO Mary Barra confirmed in an interview with The New York Times that the company will start making a profit on its electric vehicles by the end of this year. Namely, Tesla is currently leading the electric vehicle market in the US, making a profit as early as 2021. Ford, otherwise the second-largest EV maker in the US, posted losses of more than $1 billion in the first two quarters of this year on its Model e line of EVs. Other manufacturers that exclusively deal with EVs,...
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Buy petrol at N1,000 per litre or CNG at N200 per meter – Tinubu tells Nigerians

Buy petrol at N1,000 per litre or CNG at N200 per meter – Tinubu tells Nigerians

President Bola Tinubu has announced that Nigerian motorists can now choose between buying fuel at N1,000 per liter or opting for the more affordable Compressed Natural Gas (CNG) at N200 per Standard Cubic Meter. The president made this announcement during a meeting with executives of the Nigerian Independent Petroleum Company, NIPCO, at the State House in Abuja, on Tuesday. “Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200. “We have...
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Buy Petrol At ₦1000 Per Litre Or CNG At ₦200 – Tinubu Tells Nigerians

Buy Petrol At ₦1000 Per Litre Or CNG At ₦200 – Tinubu Tells Nigerians

President Bola Tinubu has offered Nigerian motorists new fuel pricing options, enabling them to purchase petrol at ₦1,000 per litre or its gas equivalent at ₦200 per Standard Cubic Meter. The announcement came during a Tuesday meeting with executives from the Nigerian Independent Petroleum Company (NIPCO) at the State House in Abuja. During this strategic session, President Tinubu highlighted NIPCO’s vital contributions to Nigeria’s energy sector, particularly its role in supporting the...
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NNPC Retail Sensitizes Over 1,000 Auto Mechanics On CNG Adoption

NNPC Retail Sensitizes Over 1,000 Auto Mechanics On CNG Adoption

NNPC Retail Limited (NRL), a subsidiary of NNPC Ltd, sensitizes over 1,000 auto mechanics on CNG adoption. Exercise is part of its efforts to accelerate the adoption of CNG as a cleaner and more affordable fuel alternative in Nigeria. Conference featured practical demonstrations on the technicalities of converting vehicles from gasoline to CNG. As part of its efforts to accelerate the adoption of Compressed Natural Gas (CNG) as a cleaner and more affordable fuel alternative in Nigeria, NNPC Reta...
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FG commissions CNG conversion, training centre in Kano

FG commissions CNG conversion, training centre in Kano

The federal government has commissioned a Compressed Natural Gas (CNG) conversion centre in Gundutse, Kura Local Government Area of Kano State. Speaking at the commissioning on Monday, Mr Oluwemimo Joseph Osanipin, the Director General and Chief Executive of the National Automotive Design and Development Council, said the establishment of the centre would enhance CNG conversion and provide training for auto mechanics in the conversion process. He noted that out of 21 CNG conversion centres plann...
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CNG: List of places where drivers can convert their cars to start using cheap fu…

CNG: List of places where drivers can convert their cars to start using cheap fu…

Many people who desire to use compressed natural gas in their cars are still wondering how to go about it Some of them still don’t know the locations where they can go to so as to get their cars converted to use CNG This article highlights some of the locations as provided online by the Presidential Initiative on CNG There are many Nigerians who would want to start using CNG as fuel instead of petroleum motor spirit. This is because experts have compressed natural gas, which is cheaper than PM...
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SA AUTO WEEK: Ramaphosa hints at tax rebates, subsidies and incentives for electric vehicle production in SA

SA AUTO WEEK: Ramaphosa hints at tax rebates, subsidies and incentives for electric vehicle production in SA

Naamsa | the Automotive Business Council and car manufacturers have welcomed President Cyril Ramaphosa’s comments on positioning South Africa as a leading electrical vehicle manufacturing hub.  On Thursday, Ramaphosa addressed the SA Auto Week in Cape Town, where he acknowledged the sector’s contribution to the economy and the challenges it faced.  The President said the government plans to incentivise new energy vehicle production in South Africa to make them more affordable, but offered...
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