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Tag: CNG

News

FG sets April dates for CNG rollout

The Federal Government has announced key dates in April 2025 for the rollout of its Compressed Natural Gas Initiative, signaling major steps in the transition to cleaner energy across the country. According to a statement by Kenechukwu Chukwu, Technical Assistant on Stakeholder Management and Public Engagement for the Presidential CNG Initiative, the commissioning of CNG […]

News

FG to establish CNG conversion centers in 20 federal varsities

The Federal Government has announced plans to set up Compressed Natural Gas conversion centers and refueling stations in 20 federal universities as part of efforts to promote clean and affordable energy solutions. The initiative, led by the Midstream and Downstream Gas Infrastructure Fund in collaboration with Femadec Energy, aims to integrate sustainable energy sources into […]

News

ICYMI: Nigeria targets 500 CNG centres 2025, hits 170

The federal government, through the Presidential Compressed Natural Gas Initiative, has revealed that the number of vehicle conversion centres in Nigeria has surpassed 170, with a target of reaching 500 centres by 2025. The National Coordinator and Chief Executive of the PCNGI, Michael Oluwagbemi, also mentioned plans to increase the number to 200 by the […]

News

FG plans 800 airport taxi vehicles conversion to CNG

The Federal Government, through the Presidential Compressed Natural Gas Initiative, has reached an agreement with taxi operators at Nnamdi Azikiwe International Airport in Abuja. This partnership aims to convert 800 petrol-powered vehicles to Compressed Natural Gas, which is expected to reduce shuttle fares by 30%. The Programme Director and Chief Executive of P-CNGI, Mr. Michael […]

News

CNG tank explosion at NIPCO station in Edo injures many

A CNG tank explosion at a NIPCO CNG station in Aduwawa, Benin City, has left multiple individuals injured, although no fatalities have been reported. The incident has sparked safety concerns in the area. The viral footage on X (formerly Twitter) shows the aftermath, including a station wagon with its rear section completely destroyed and shrapnel […]

Chairman of Zip-Tech Energy, Dr. Adebowale Ologbenla, said compressed natural gas is too costly in Nigeria.
Oil and Gas

Zip-Tech Energy laments cost of CNG in Nigeria

Chairman of Zip-Tech Energy, Dr. Adebowale Ologbenla, said compressed natural gas is too costly in Nigeria. According to The PUNCH, he claimed that charging N250 for a kilogram of CNG was not reasonable and that the going cost should be N50/kg. Ologbenla claims that “the nation has been flaring the same natural gas for a […]

Energy

UN agency, CNG partner on greener energy

The Presidential Compressed Natural Gas Initiative is collaborating with the United Nations Sustainable Energy for All to provide greener and more sustainable energy in Nigeria. According to The Punch, this was revealed in a statement made on Friday in Lagos by the PCNGI’s chief executive and program director, Michael Oluwagbemi. The workshop, according to the program director, […]

Business

FG to unveil one million CNG cars by 2027

The Federal Government has announced plans to launch one million compressed natural gas-powered vehicles by 2027. The Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, made the announcement during a stakeholders’ meeting on Sunday at the Bank of Industry headquarters in Abuja, according to The PUNCH. Subaru revealed that 11,500 […]

FG waives VAT on CNG, sets up conversion centres
Oil and Gas

FG waives VAT on CNG, sets up conversion centres

The Federal Government said on Friday that 7 CNG conversation centres have been established in the country through the Presidential Compressed Natural Gas Initiative Steering Committee. The Times reported that the Chairman of the Committee, Mr Zacch Adedeji, made this known during the commencement of the much-anticipated CNG initiative with the handing over of two CNG buses […]

FG waives VAT on CNG, sets up conversion centres
Oil and Gas

Why Nigerians substitute petrol for CNG – Association

The Nigerian Gas Association has advocated for the use of compressed natural gas as a substitute for premium motor spirit or petrol. According to The Punch, the association claimed CNG is 15% cheaper compared to petrol. This was said by the association’s president, Akachukwu Nwokedi, at a press conference in Lagos. He declared, “The Federal […]

Business

Experts express concern over cost of CNG vehicle conversion

Some experts in the oil and gas business have raised worry that the expense of converting automobiles to run on compressed natural gas may be prohibitively expensive for many Nigerians. The Times reported that experts indicated that in order to entice Nigerians to use CNG as a substitute for petrol, the government may need to subsidize […]

No customs duty, VAT on CNG conversion kits imports- Presidency
News

No customs duty, VAT on CNG conversion kits imports- Presidency

The importation of compressed natural gas conversion kits into the country is exempt from both customs duties and value-added taxes. This was expressed by the president’s special adviser on media and publicity, Ajuri Ngelale, in an interview that was broadcast on Channels Television on Friday night. He claimed that this is being done to increase the country’s […]