The board chairman of Seplat Energy, Udoma Udoma has announced that the newly inaugurated Seplat Energy ANOH Gas Processing Plant can generate electricity for 5 million Nigerians. Udoma stated this at the commissioning ceremony of the plant, held in Ohaji, Imo State, by President Bola Tinubu. Built by the ANOH Gas Processing Plant Company (AGPC), the plant is a joint venture equally owned by Seplat Energy and the Nigerian Gas Infrastructure Company (NGIC), a subsidiary of the Nigerian National P...

FG approves N12.5bn billion to buy 200 CNG-powered Toyota Land Cruiser 70 “Buffaloes” for the Nigeria Customs Service. An additional sum of N522 million was also granted by FG to insure the Toyota Land Cruiser 70 Series pickup trucks. The Aproval was granted at the Federal Executive Council (FEC) meeting, chaired by the Nigerian President Bola Tinubu. The Federal Government has approved the sum of N12.5 billion for the purchase of Two Hundred (200) brand new Toyota Land Cruiser 70 Series ‘...

National Automotive Design and Development Council set to commence accreditation of CNG conversion workshops. The move is to ensure safety and standard amid plans let Nigerians use CNG as an alternative and cheaper transportation fuel. NADDC aims to sensitise converters on the guidelines for the CNG powered vehicle conversion to ensure best practices. About one million CNG-powered vehicles expected to be produced by 2027 while over N3b investments would be realised in the sector. The National Au...

Nigeria’s Gas reserves Investments worth $50m were attracted to the economy in the last five months through the Presidential Compressed Natural Gas Initiative. Programme Director/Chief Executive, PCNGI, Michael Oluwagbemi, disclosed this at the Southwest stakeholders’ forum held Wednesday in Lagos. According to Oluwagbemi, the CNG initiative was created to cushion the effects of fuel subsidy removal on Nigerians and open new investment windows for domestic and global investors in the gas...

PCNGi : NADDC boss, Minister of Finance tours JET Motor Company CNG Buses assembly plant in Lagos. JET Motors Company is one of the selected assembly plants under the Presidential Compressed Natural Gas Initiative (PCNGi). It costs about N55k to fill a 15-20 seater buses with petrol, while N12,000-15,000 will be needed to fill a CNG bus of the same capacity. JET Motors is currently assembling Semi-Knocked Down (SKD) components of CNG and electric buses and tricycles. The Director General of the...

President Tinubu orders all Government Ministries, Departments and Agencies to purchase CNG-powered vehicles. FG says that the directive is in line with the President’s commitment to ensure energy security, drive utility, and cut high fuel costs. At the FEC meeting on Monday, Tinubu affirmed that there is no turning back in the energy reforms. Tinubu further directed members of FEC seeking the purchase of petrol-powered vehicles to procure CNG-powered ones. President Bola Tinubu on Monday May...

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. PRESIDENT TINUBU DIRECTS MANDATORY PROCUREMENT OF CNG-POWERED VEHICLES 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-nat...

President Bola Tinubu has directed the mandatory purchase of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies. The president said the directive is in furtherance of the country’s effort to transition to cleaner energy as CNG-enabled vehicles have been adjudged to produce lower emissions, even as they present a more affordable alternative for Nigerian energy consumers. Recently, the Minister of Finance Wale Edun took a tour of the factory where the...