In a bid to make good its commitment to energy revolution in the country, the Bola Ahmed Tinubu-led federal government of Nigeria has handed over Compressed Natural Energy Gas (CNG) to representatives of state house in Aso Rock.
The move, which marked a significant milestone in the Tinubu’s administration, is part of calculated efforts to ensure a cleaner, more sustainable and economically sound future with a clear message: “Nigeria is at the forefront of a global energy revolution.”
According to a statement issued from the state house, the conversion of these buses to CNG is not just a technical achievement but a declaration of intent to embrace cleaner and more economical energy solutions. This initiative reflects the administration’s resolve to harmonize fiscal prudence and environmental stewardship.
“Nigeria is currently home to seven conversion centers, and the government is actively working to establish more of them across the country. This facilitates vehicle conversion and generates employment opportunities, showing the administration’s commitment to environmental sustainability and economic growth.
“In the next few weeks, starting from tomorrow in Lagos, the PCNGI will establish the roll out of more conversion centers to enable 55,000 conversions in the next 6 months under the palliative program. In addition to this, over 11,500 CNG fueled vehicles will be rolled out by partnership with private sector, cooperative, state and union operated mass transit operators in the same period.”
While handing over the buses, it was announced that there will be waiver of Value Added Tax (VAT) on CNG purchases. This policy change was said to have demonstrated the government’s dedication to making cleaner energy more accessible and affordable for all Nigerian citizens. It was believed that the policy will encourage more investments to make CNG more widely available from wellhead to nozzle.
In his address, the Chairman of the Presidential CNG Initiative , Mr Zacch Adedeji (Ag. Executive Chairman, FIRS) represented by Mr. Farouk of NMPDRA expressed his gratitude to all those who contributed to this significant achievement, highlighting the dedication, vision, and unwavering support that brought the nation to this juncture.
He remarked that “the CNG buses passed on to the distinguished representatives of the State House represent a new beginning and a journey toward a future where Nigeria powers tomorrow, today.”
The handover ceremony was attended by distinguished guests, marks the dawn of an extraordinary journey. As the Chairman noted, challenges will undoubtedly arise, but the determination, innovation, and collaboration of the Nigerian people will light the path ahead, contributing to a cleaner, greener, and more prosperous tomorrow.
This event is more than a vehicle handover; it symbolises Nigeria’s commitment to an Energy Revolution: Powering Tomorrow, Today.
From left: Chairman, Nigeria Governors Forum, Gov Abdurahaman Abdulrazak; Representative of the Chairman, Presidential Compressed Natural Gas Initiative P-CNGi, /Manager Nigerian Upstream Petroleum Regulatory Commission, Mr Farouk Shuib; Chief of Staff to the President, Femi Gbajabiamila and the Permanent Secretary, State House, Olusesan Adebiyi during the presentation of Compressed Natural Gas (CNG) Buses to the State House by the Presidential Compressed Natural Gas Initiative P-CNGi at the Presidential Villa in Abuja on Friday (27/10/23)
Chairman, NGF, Gov Abdurahaman Abdulrazak (2nd R); Chief of Staff to the President, Femi Gbajabiamila (R) Representative of the Chairman, Presidential Compressed Natural Gas Initiative P-CNGi, /Manager Nigerian Upstream Petroleum Regulatory Commission, Mr Farouk Shuib (3RD R); Permanent Secretary, State House, Olusesan Adebiyi listen as the Managing Director, OMAA Motors, Mr Chinedu Oguegbu explains the features of the Compressed Natural Gas (CNG) Busses during the presentation of the buses to the State House by the Presidential Compressed Natural Gas Initiative P-CNGi at the Presidential Villa in Abuja on Friday
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