The Nation Newspaper Fed Govt to save $4.4b annually from conversion of vehicles to CNG
The Federal Government says it hopes to save $12 million daily by reducing the current 50 million litres of petrol consumed in the country every 24 hours.
Tambari also told participants of a Co-Creation Session on Nigeria Gas Vehicle Monitoring System in Abuja yesterday that the government needed $890 million investment to establish an alternative fuel infrastructure. The minister said: “We are at the point where we need to begin to talk about the safety issues in the use of CNG. We have got to educate ourselves and we have got to use specific tools and materials hitherto that we have not been using.“If you will recall what happened with the emergence of the cell phone during President Obasanjo regime, from an economic perspective, a lot is going to happen. It is going to give us a lot of tools on how to utilise CNG.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed Govt, partners to roll out 5,000 CNG-powered tricyclesThe Nation Newspaper Fed Govt, partners to roll out 5,000 CNG-powered tricycles
Read more »
Fed Govt sues 36 states at Supreme Court over local govt autonomyThe Nation Newspaper Fed Govt sues 36 states at Supreme Court over local govt autonomy
Read more »
Fed Govt sues governors over local govt autonomyThe Nation Newspaper Fed Govt sues governors over local govt autonomy
Read more »
President Tinubu directs govt agencies to procure CNG-enabled vehiclesA Trusted Nigerian Newspaper
Read more »
Nigerian govt commissions CNG Plant in Lagos as NNPCL eyes more rolloutThe Nigerian federal Government has commissioned a 5.2 million standard cubic feet per day, mmscfd Compressed Natural Gas, CNG, plant in Lagos. Minister of State for Petroleum Resources (Gas), Rt. Hon.
Read more »
Govt commissions CNG plant in LagosThe Federal Government has commissioned a new 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant in Lagos to mitigate the impact of the fuel subsidy removal and a more sustainable energy future for the nation.
Read more »