CNG Praises FG’s Decision To Sell Crude In Naira To Domestic Refineries

CNG Praises FG’s Decision To Sell Crude In Naira To Domestic Refineries

Coalition of Northern Groups (CNG) The Coalition of Northern Groups (CNG) has voiced its appreciation of the Federal Government’s recent decision to sell crude oil in naira to domestic refineries, a departure from the previous practice of payment in US dollars. The CNG regards this move as a crucial step towards bolstering Nigeria’s currency and economy while enhancing self-sufficiency in oil production. On April 20, 2024, the CNG, through a statement by its national coordinator, Comrade Jam...
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ANALYSIS: CNG Vehicles, a Way Forward for Nigeria’s Transport Sector

ANALYSIS: CNG Vehicles, a Way Forward for Nigeria’s Transport Sector

On May 13, President Bola Tinubu directed the mandatory procurement of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies. The President’s directive furthered Nigeria’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. This comes nine months after the president approved the establishment of the Presidential...
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Tesla and BYD Are Dominating the Global Electric Vehicle Market

Tesla and BYD Are Dominating the Global Electric Vehicle Market

By ZeroHedge – Jul 28, 2024, 10:00 AM CDT Tesla’s gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally. BYD is hot on Tesla’s heels, increasing its market share by ten percentage points between 2021 and 2023. Despite the tariff increase on Chinese-made cars, China remains the largest exporter and market for both hybrids and BEVs. In the second quarter of 2024, Tesla’s gross margin dropped to a new low af...
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UK Carmakers Retool Production Lines for Electric Vehicles

UK Carmakers Retool Production Lines for Electric Vehicles

By City A.M – Jul 27, 2024, 12:00 PM CDT UK car production decreased by 7.6% in the first six months of the year due to manufacturers prioritizing the transition to electric vehicles. Battery electric production accounted for over a third of all output, while overall car output for the UK market increased by 17.7%. The UK government is committed to supporting the growth of electric vehicles, pledging investments in gigafactories, a decarbonized energy supply, and a faster planning system....
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Ogun to launch electric bikes

Ogun to launch electric bikes

Ogun State Government has concluded plan to introduce electric bikes as part of the energy transition initiative of the Governor Dapo Abiodun-led administration. The launching, billed for Wednesday next week, is the second phase of the administration’s e-mobility programme, following the launch of CNG- powered buses last year. Governor Abiodun, speaking during a meeting with the Minister of Transportation, Senator Sa’idu Ahmed Alkali, in Abuja on Thursday, described the planned introduction...
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Lagos To Launch 2,000 CNG-powered High-capacity Buses For Mass Transit Next Year

Lagos To Launch 2,000 CNG-powered High-capacity Buses For Mass Transit Next Year

Lagos State Government to launch 2,000 CNG-powered high-capacity buses for Mass Transit next year. Governor Sanwo-Olu said the buses will run on CNG, along with 5,000 new cars to be provided as taxis. Adds that LASG has secured a $400 million World Bank facility to expand the mode of water transportation. The Lagos State Government has disclosed the plans to deploy 2,000 CNG-powered high-capacity buses through the Public Private Partnership (PPP) model for mass public transportation next year. G...
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Govt demands more local content in electric vehicle manufacturing

Govt demands more local content in electric vehicle manufacturing

The Ministry of Heavy Industries is discussing a phased manufacturing programme (PMP) with stakeholders, requiring stricter localisation for electric vehicle (EV) makers to qualify for the proposed Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-III) subsidy scheme. In its recent discussions with stakeholders, the ministry suggested reducing the number of components under PMP in FAME-III from 18 to 12. Components such as power and control wiring harnesses, connectors...
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Transportation by CNG buses will be subsidised for civil servants – Niger govt

Transportation by CNG buses will be subsidised for civil servants – Niger govt

The Niger State Government has announced it will subsidise the cost of transportation for civil servants in the state following the receipt of 50 new CNG buses. A statement signed by Abdullberqy Usman Ebbo, the Special Adviser to the Governor on Digital Media and Strategy, said the latest addition to the fleet of vehicles brings the total number to 250. The statement said 100 of the buses will operate on the Suleja-Abuja route at discounted prices, while the others will provide intra-state servi...
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Northern Coalition Condemns Lawmakers Supporting Nnamdi Kanu’s Release

Northern Coalition Condemns Lawmakers Supporting Nnamdi Kanu’s Release

2024-07-24 17:56:43 UTC barristerng.com Host Error What happened? There is an unknown connection issue between Cloudflare and the origin web server. As a result, the web page can not be displayed. What can I do? If you are a visitor of this website: Please try again in a few minutes. If you are the owner of this website: There is an issue between Cloudflare’s cache and your origin web server. Cloudflare monitors for these errors and automatically investigates the cause. To help support the...
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Arewa group condemns northern lawmakers for supporting Nnamdi Kanu’s release

Arewa group condemns northern lawmakers for supporting Nnamdi Kanu’s release

The Coalition of Northern Groups (CNG) has criticized federal lawmakers, particularly those from the North, for supporting the call to release the leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu. The call for Kanu’s release has gained momentum with prominent Nigerians, including legislators, advocating for his freedom. In a statement issued by the CNG, the group labeled the support from northern lawmakers as treacherous and unpatriotic. The Coalition expressed dismay that no...
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