Innoson’s first electric car, FRSC impounds 189 vehicles, warns drivers to “avoid night trips”, Ogun State releases 100 CNG buses, news in the past week. Innoson Shows Off Its First Electric Car, Says First Batch Are Now Currently Sold Out Cornel Osigwe, the Head, Corporate Communications and Affairs at Innoson Vehicle Manufacturing has shown off the automaker’s first-ever all-electric vehicle ahead of official launch by the indigenous company. In an unedited video posted by Cornel on hi...

The Federal Government under its Presidential Compressed Natural Gas Initiative, on Saturday, kicked off the inspection and free conversion of petrol-powered vehicles into Compressed Natural Gas across the two centres in Abeokuta, Ogun State capital. The programme had in attendance transporters in the state led by the Abeokuta North Branch Chairman of the National Union of Road Transport Workers, Alex Bankole who represented the state chairman of the union, Ismail Mustapha. Speaking with journal...

The Federal Government has activated its Compressed Natural Gas (CNG) Conversion Incentive Program in eight states with plans to expand to nine more by the end of 2024. The states where the CNG Conversion Incentive Program has kicked off include Oyo, Lagos, Ogun, Edo, Delta, Kogi, the Federal Capital Territory (FCT), and Nasarawa. This update was contained in a statement posted on the official X (formerly Twitter) account of PCNGi on Saturday. The next phase will see the program activated in Kwa...

The Nigerian government is offering free CNG conversions for vehicles at various locations in six states Lagos, one of the states, will have six designated conversion centres, and vehicle owners will be offered free kits The initiative is expected to reduce fuel costs for motorists following the removal of the fuel subsidy Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends. The Fe...

Tired of rising cost of petrol, scarcity? Here is the list of accredited CNG conversion centres across Nigeria. FG plans to convert 10 million vehicles powered by petrol to run on eco-friendly CNG in the next 36 months. The Presidential CNG Initiative (PCNGI), led by Engineer Michael Oluwagbemi, has released the list of accredited Conversion Centres across Nigeria where motorists can convert their petrol-powered vehicles to use Compressed Natural Gas (CNG). Compared to the scarcity-prone and mor...

The Ogun State Government set to release 100 CNG Buses to transporters to cushion the effects of transportation. Gov Abiodun also said that the FG would make available 20 CNG buses, 500 conversion kits to the state government. Said there was no need for transporters to increase transport fares by over 1000% when the price of PMS was just increased by 30%. The Ogun State government has announced that One Hundred (100) brand new Compressed Natural Gas-powered 18-seater Toyota Hiace buses will be m...

In a strategic move to reduce fuel costs and provide Nigerians with an affordable alternative to petrol and diesel, President Bola Tinubu has enabled Compressed Natural Gas (CNG) to be available for vehicles at N230 per litre. This initiative provides a cheaper and cleaner alternative to petrol, which currently sells for over N900 per litre, reflecting the President’s commitment to lowering the cost of living and alleviating the pressures from petrol subsidy removal. The Presidential Compresse...

The Ogun State Governor, Prince Dapo Abiodun, has announced that his administration would make available 100 brand new 18-seater Compressed Natural Gas (CNG) buses for the use of transporters in the state. The Governor, who made this known in his office at Oke-Mosan, Abeokuta on Monday, also said that the Federal Government would make available 20 CNG-enabled buses and 500 conversion kits to the state government during the week. Governor Abiodun disclosed this at a meeting with transport unions...

This was revealed during an analysis of the 2024 Fiscal Appropriation Act, a copy of which was obtained from the website of Nigeria’s Budget Office. President Bola Tinubu’s administration has budgeted the sum of N600 million under Cocoa Research Institute of Nigeria – Ibadan, for provision of street lights, supply of empowerment materials to artisans and market women and supply of CNG buses to unidentified beneficiaries in Lagos State. This was revealed during an analysis of the 2024 F...