CNG Buses Taiwo Shittu, the Chief Executive Officer of Lanre Shittu Motors Ltd, has stated that by June 2024, his company will be deploying a large number of the LSM branded CNG buses at the airports across the country and for other mass transportation needs. He said LSM mulled the idea of CNG vehicles and saw it as the future of the local automotive industry many years ago because of the abundance of excess natural gas in the economy as well as the economic benefits of using CNG buses by both t...

May 24, (THEWILL)- The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has assured that the Federal Government will avoid a repeat of the exclusion of Innoson Vehicle Manufacturing Company Ltd (IVM) from the award of contracts for the production of buses as part of the Presidential Compressed Natural Gas (CNG) Initiative. The Minister spoke on Thursday while responding to questions from journalists on the matter during a tour of the existing IVM factory complex in Nnewi, and the...

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...