Tag
CNG
Some experts in the Oil and Gas industry have expressed concern that the cost of converting vehicles to use Compressed Natural Gas (CNG) may not be affordable for many Nigerians.
President Bola Ahmed Tinubu has established the Presidential Compressed Natural Gas Initiative (PCNGI).
Nagendra Verma, the Managing Director of Nipco Gas Limited has said that fuel costs N620 per litre in Abuja, meanwhile compressed natural gas for cars in Abuja costs N213 per scm (standard cubic meter).
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited has said that the CNG rollout will be ready by the first quarter of 2024.
IPMAN urged the Federal Government to adopt its infrastructure for effective and accelerated implementation of CNG project.
On Monday, July 31, President Bola Ahmed Tinubu addressed the country and announced that he is targeting states and local governments to roll out compressed natural gas (CNG) buses
President Bola Ahmed Tinubu has said that he is targeting states and local governments to roll out compressed natural gas (CNG) buses as a solution to ease the burdens created by the removal of fuel subsidies in May 2023.
The Federal Government has confirmed that there are over 9,000 licensed filling stations across the country that are fit for the co-location of facilities that dispense autogas fuel.
Asiko Energy Holdings Limited recently shared insights on converting Nigerian cars to run on autogas (LPG).
The Governor of Borno State, Babagana Umara Zulum became one of the first Governors to offer fuel subsidy palliatives to ease transport costs in Nigeria, following the removal of Fuel subsidies.
In the past month, Nigerians have been actively exploring the possibility of converting their vehicles to operate on natural gas due to a significant increase in fuel prices.
Fuel prices are expected to rise even further due to an increase in depot prices, which have reached N490 per liter.