The federal government through the Nigerian National Petroleum Company Limited (NNPC) is ramping up efforts to ensure the penetration of Compressed Natural Gas (CNG) for powering vehicles nationwide, with the launching of 12 additional stations in Abuja and Lagos on Thursday.
Speaking at the simultaneous inauguration of the facilities, the Group Chief Executive of the NNPC, Mele Kyari, stated that the government was determined to bring the use of the gas-powered vehicles closer to the Nigerian people.
He declared that the CNG drive has since commenced and is irreversible, stressing that with the massive deployment of CNG stations nationwide, Nigerians will get a cleaner and cheaper source of energy.
“It’s already rolling out across the counrty, you can see the benefit, people are saying that this works better. It’s cheaper , it’s cleaner and it’s accessible. And what we are going to do is to roll out across all the states of the federation.
“It’s already a work in progress, we will construct six CNG mother stations, spread across the country, between now and December, you will see this happen.
“We are also taking another step. We are building LNG stations in Ajaokuta, belonging to us, two with a partnership. What this does is to bring CNG closer across the country.
“Distance matters in transporting gas and that’s why we are doing this so that it becomes accessible and becomes easier and this is short term because as soon as we complete the AKK pipeline, it gets much closer to end users, and ultimately as we reduce the distance, cost will come down.
“We will see cheaper and cheaper fuel across the country, particularly areas that are distant from the source of the gas, especially in the northern part of the country”, he stated.
With this in place, he stated that Nigerians will find it cheaper to fuel their cars, with CNG becoming an alternative to expensive petrol which currently sells for over N900 per litre in some states in Nigeria.
“And I would like to also indicate that there’s no turning back on this. There’s simply no way to turn back because this is the right thing to do,” he added.
Also speaking, the Managing Director of NNPC Retail, Huub Stockman, stated that Nigerians will save at least 40 per cent of their expenses on fuel by converting their vehicles to CNG-powered ones.
“These stations represent a major step in expanding our CNG presence in the country, marking an important moment in our efforts to diversify Nigeria’s energy mix. Six of these 12 states are NNPC Retail’s first CNG sites.
“CNG will be about 40 per cent cheaper than petrol in Nigeria, and with continued investments, it will become a significant part of our energy mix. In the next 12 months, NNPC Retail will have launched over 100 CNG sites,” he stressed.
According to him, it was the first step to massive deployment of CNG, confirming that four more sites will be added in Abuja and in the next four to six weeks, six sites will be launched in Lagos.
“We’re also supporting our implementation partners to set up two mechanical training centres combined with conversion centres in Abuja and Lagos. And it’s fantastic that Nigeria is utilising its own natural resources to bring affordable energy to the people of Nigeria,” Stokman pointed out.
In his remarks, the Programme Director of the Presidential CNG initiative, Michael Oluwagbemi, who was represented by a Director in the organisation and aide to President Bola Tinubu, Toyin Zubair, said that there will be huge savings from the deployment of CNG.
“When you look at CNG on the other hand, to every car owner, if you move to CNG, at 250 litres of it, looking at the pricing today, between CNG and PMS (petrol), you’d be saving about N6 million per annum, from nowhere.
“Now if you look at this, a lot of people who are already converted, they’re saving about N200,000 at the end of every month or about N380,000, depending on how much CNG they’re using.
“So that is on one car, that is N12 million saved on every vehicle, that is going into PMS. Now if you look at the Keke NAPEP, which is the means of transport for many people, and it’s a whole lot of business for a lot of people, the average savings per day would be about N7,000 using CNG.
“That translates to about N2.6 million per annum, for a Keke owner, if he moves from PMS to CNG. It may surprise you that the cost of a Keke NAPEP is actually N2.7 million, so that in one year’s savings on CNG, you can buy another Keke,” he argued.
In his remarks, Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the commissioning of the stations will not only provide economic benefits by creating jobs and stimulating local economies, it will also contribute significantly to Nigeria’s national goals of reducing emissions and combating climate change.
On his part, the Chairman of the NNPC Board of Directors, Chief Pius Akinyelure said increased CNG adoption will foster economic benefits by reducing fuel costs for consumers and businesses alike.
Emmanuel Addeh
Follow us on:
Gbadebo Rhodes-Vivour has condemned the commercialisation of GMO seeds, warning of threats to Nigeria’s food…
Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…
Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…
A suspect accused of killing five people by driving into a crowded Christmas market in…
A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…
NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…
View Comments
N. C. S
SOME CAR LIST BELOW.
081 385 59865
Golf 2 3 4 350k
081 385 59865
2012 Matrix N980k
2011 Honda CRV 700k
2011 Honda Element 950k
2008 Camry 690k
2012 Honda Ridgeline 2.2m
2014 Camry LE 2.750m
Camry Spider 950k
Camry Muscle 850k
Tacoma 2.5M
2013 Ford Edge SEL 2m
2014 Ford Edge SEL .3m
Fresh like toks 2013 Benz E200 N.2m
2012 Rav4 1.9m
2014 Kia Cerato 2.m
2014 Benz GLK350 3m
2014 Range Rover evogue 3.650m
2006 Quest 850k
2008 Kia Rio 800k
2010 Camry Xle 1.680m
Haicebus 2.5M
081 385 59865
TOKUNBO CARS BELOW :�
O8I 66I8 54OO
2014 Corolla Sport 1.8m
Corolla 650k
Camry 2.4 750,000
2012 Corolla Sport 1.970m
2014 Corolla Sport 2.980m
Awoof 2012 Lexus RX350 3.5m
2003 Camry XLE - Back Vent AC - V4 - 550k
2011 Camry N1.280m
2013 Camry N1.520m
2015 Camry LE 1.680m
2005 Matrix 600
Tinylight 350Kpicnic 650k
2007 Toyota Camry 2.4 950k
2008 Camry Sport 2m
081 385 59865
Highlander 1m
PADRO JEEP 1.6m
2007 Rav4 Sport N800
2011 Honda pilot EX 900k
Camry 2.4 550k
2005 Benz E320 N950k
1999 Sienna 250k
ES350 1.5MILLION
ES330 1,300m
2000 Lexus RX300 750
Pegeout 407 Manual AC 420kvenza 1.7m
2008 Honda CRV EX 980
2009 Corolla XLE - Alloy + Formica 850k
2004 Toyota LandCruiser 700k
2004 Corolla LE 350k
Picnic 650k
2010 RX350 1.6m with Mouse
2011 RX350 2m with mouse
2008 Toyota Tundra 2.7m
2006 Avalon Thumbstart 750
2007 Avalon key 950m081 385 59865 }〽.INSTALLMENTAL PAYMENT IS FULL ALLOWED!!All VEHICLES ARE HIGHLY NEGOTIABLE〽WE COMMENCE DELIVERY WITHIN 36 STATE IN NIGERIA081 385 59865