FG Set To Roll Out Presidential CNG Initiative

FG Set To Roll Out Presidential CNG Initiative

April 21, (THEWILL)- The Federal Government is set to launch about 2,700 CNG-powered buses and three-wheelers before May 29, when President Bola Tinubu completes one year in power, The Presidency disclosed on Sunday. Special Adviser to the President on Information and Strategy, Bayo Onanuga, who disclosed this in a statement, said the federal government will deliver 100 conversion workshops and 60 fuelling sites across 18 states by the end of 2024. The Presidential CNG initiative was launched l...
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FG to launch first batch of CNG vehicles ahead of May 29 — Presidency

FG to launch first batch of CNG vehicles ahead of May 29 — Presidency

Special Adviser to the President on Information and Strategy, Bayo Onanuga, has confirmed that the first set of compressed natural gas (CNG) vehicles will be inaugurated before Tinubu administration’s first anniversary on May 29. Onanuga made this disclosure in a statement on Sunday in Abuja. According to him, the Federal Government allocated N100 billion from the N500 billion palliative budget to purchase 5,500 CNG vehicles (buses and tricycles), 100 electric buses, and over 20,000 CNG conver...
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CNG initiative to roll out before Tinubu’s first anniversary, says Presidency

CNG initiative to roll out before Tinubu’s first anniversary, says Presidency

The presidency has revealed that the Presidential CNG Initiative (Pi-CNG), which was launched in October 2023, is set to deliver compressed natural gas (CNG) for mass transit, ahead of the first anniversary of the Bola Tinubu administration. The initiative, which was designed to cushion the harsh economic effects of the announcement of the end of the petrol subsidy regime by President Tinubu on May 29, 2023, is built to provide a cheaper, safer, and more climate-friendly energy alternative. Acco...
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FG to launch 2700 CNG buses, tricycles before May 29

FG to launch 2700 CNG buses, tricycles before May 29

The Presidency on Sunday said it was ready to launch about 2,700 CNG-powered buses and tricycles before May 29 when President Bola Tinubu turns one year in office. It said the Federal Government is set to deliver 100 conversion workshops and 60 refuelling sites spread across 18 states before the end of 2024. The Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, revealed this in a statement he signed Sunday titled ‘Presidential CNG initiative set for rollout.’ â€...
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What To Expect As Presidential CNG Initiative Prepares To Roll Out

What To Expect As Presidential CNG Initiative Prepares To Roll Out

After the removal of the wasteful fuel subsidy on May 29, 2023, President Bola Ahmed Tinubu launched the Presidential CNG Initiative in October last year to deliver cheaper, safer and more climate friendly energy. The CNG Initiative was designed to deliver compressed natural gas especially for mass transit. The Federal Government as part of the many intervention programmes to reduce the burden of increase in pump price on the masses, provided N100 billion (part of the N500 billion palliative bud...
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Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Tesla knocked $2,000 off the prices of three of its five models in the U.S. Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and also of the Models X and S, its older and more expensive models. Prices for the...
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CNG frowns over high prices, calls for sales of crude in naira to domestic refiners

CNG frowns over high prices, calls for sales of crude in naira to domestic refiners

The Coalition of Northern Groups (CNG) has expressed deep concern over the unjustified prices of goods and services in the market, despite the recent crash of the US dollar against the naira.  The pro-Northern group, in a statement signed by its National Coordinator, Comrade Jamilu Aliyu Charanchi, on Saturday, said subjecting Nigerians to high prices of commodities amid the present strength of the naira was not only uncalled for but unpatriotic.  “The CNG views this as an exploitation of th...
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Volkswagen, Xpeng expand electric vehicle partnership

Volkswagen, Xpeng expand electric vehicle partnership

Volkswagen, Xpeng expand electric vehicle partnership. Credit: Volkswagen Group Volkswagen and Xpeng Motors have inked a deal to develop a high-performance electrical/electronic architecture that will underpin upcoming China-made, VW-branded models starting 2026, the companies said on Wednesday. The agreement is an expansion of a partnership that kicked off last year with a focus on the development of two new VW models featuring Xpeng’s autonomous driving capabilities scheduled for launch in 2...
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VinFast to Attend Montreal Electric Vehicle Show 2024

VinFast to Attend Montreal Electric Vehicle Show 2024

Author of the article: Published Apr 15, 2024  •  2 minute read MONTREAL — VinFast Auto (Nasdaq: VFS) announces its participation in the Montreal Electric Vehicle Show (MEVS) 2024, from April 19-21, 2024. In its second appearance at MEVS, VinFast will continue to demonstrate its long-term commitment to promoting the green transportation revolution in Canada and around the world. VinFast will be located at booth number 580, in Montreal Olympic Stadium. Here, visitors will be able to experie...
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NNPCL, NIPCO Partner to Expand CNG Network

NNPCL, NIPCO Partner to Expand CNG Network

NNPCL, NIPCO Partner to Expand CNG Network NIPCO Gas Limited has partnered with the Nigeria National Petroleum Company Limited to expand the AutoCNG infrastructure nationwide by providing an alternative fuel option for motorists. The Managing Director, NIPCO Gas, Nagendra Verma, announced this on Sunday while giving an update on the company’s efforts in growing use of gas as vehicular fuel across the nation and its pipelines expansion projects in Lagos. According to him, the company has been a...
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