Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite FG Signs $3.5b Agreement with Afrexim to Promote Textile, Others The Federal Government has announced a $3.5 billion agreement with the African Export–Import Bank (Afreximbank) to enhance the textile industry and promote the use of compressed natural gas (CNG) vehicles among other initiatives. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, disclosed in a statement on X recently. Uzoka-Anite said the deal was...

The Federal Government has announced a $3.5 billion agreement with the African Export–Import Bank (Afreximbank) to enhance the textile industry and promote the use of compressed natural gas (CNG) vehicles among other initiatives. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, disclosed in a statement on X recently. Uzoka-Anite said the deal was signed with the international financial institution during 31st Afreximbank Annual Meeting in Nassau, The Bahamas. She stated that...

I n a significant move towards sustainable energy and reduced transportation costs, Creek Tran- sitway Ltd has signed a Memoran- dum of Agreement (MoA) with the Rivers State Government to establish Compressed Natural Gas (CNG) in- frastructure within the state. The signing ceremony took place at the office of the Attorney Gen- eral/Commissioner of Justice, marking a pivotal step in the state’s transition from petrol (PMS) and diesel to CNG for public transport operators. The signing of the MoA...

The Federal Government has rolled out plans to subsidise Compressed Natural Gas vehicle conversion kits by 50% for road transport union members across the country. The Chief Executive Officer of the Presidential initiative on CNGi, Engr. Micheal Oluwagbemi, said it was part of its move to convert one million vehicles from PMS to Compressed Natural Gas (CNG) by 2027, Oluwagbemi, who’s also the Programme Director of the P-CNGi, spoke at the Northern Stakeholders Engagement in Kaduna on Tuesday....