The Presidential Compressed Natural Gas, CNG, Initiative Steering Committee, on Friday said seven CNG conversation centres have been established in the country.
Chairman of the Committee, Mr Zacch Adedeji, made this known while handing over CNG buses to the State House, Permanent Secretary, Mr Olusesan Adebiyi, at the presidential villa, Abuja.
According to Crediblenews, Mr. Farouk Ahmed, the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, was in attendance on behalf of Adedeji, the acting Chairman of the Federal Inland Revenue Service.
According to him, the construction of the CNG conversion centers represents President Bola Tinubu’s administration’s resolve to lead the nation’s energy revolution.
More CNG conversion facilities would be opened nationwide, according to Adedeji.
According to him, the initiative was a crucial step in the nation’s transition to a greener and more prosperous future.
He went on to say that the project’s goal was not just to talk about cars but also to create jobs.
Adedeji revealed that FIRS would pursue duty waivers for the value chain and waive Value Added Tax on CNG purchases.
According to him, the goal was to use the inexpensive and clean energy source available in the country to build a sustainable future.
It also exemplifies Tinubu’s dedication to both economic expansion and environmental sustainability.
“This CNG buses to be handed over to the State House are the vanguard of a future, where energy is cleaner and more economical,” he added.
Adedeji appreciated the President for his support and to all those who played a part in the project.
The Chairman, Nigeria Governors Forum and Governor of Kwara, AbdulRahman AbdulRazaq, said the event marked a new turn in the history of Nigeria as it begins gradual transition from petroleum to gas powered vehicles.
He said that universities would be the first beneficiaries of the buses, adding that all state governments would key into it.
“For those of us who were in the gas industry, this is what we have been calling for decades.
“Nigeria is gas country not a crude oil country, 70 per cent or there about, more of our hydrocarbon is gas. So why are we investing all our time and energy in crude oil?
“Today is a turning point for us that President Tinubu has taken this bold decision to move from petroleum to gas. This is the first step in a major change to come,” said AbdulRazaq.
Mr Chinedu Oguegbu, the Managing Director, OMAA Motors, a Nigerian automobile manufacturer, expressed gratitude to Tinubu for the initiative.
“Aside connecting with the energy transition we are also deepening industrialisation by patronising made in Nigeria vehicles.
“This is going to go beyond the natural gas value chain. This is going to create thousands of jobs for the youths,” he said.
The Permanent Secretary, State House, Adebiyi described the event as the beginning of a new dawn.
“The State House has some fuel dumps and I want to assure you right away that one of our fuel dumps will be converted to CNG with immediate effect to guarantee frequent fueling of the buses and their maintenance.
“The provision of the buses will enhance the efficiency of our staff, enhance their punctuality to work and will also enhance speedy delivery of services in the entire State House”, he said.
Crediblenews reports that the National Economic Council on July 20, 2023 endorsed deployment of CNG vehicles for public transportation to cushion the impact of the removal of petroleum subsidy.
The decision was taken after a presentation by Gov. Chukwuma Soludo of Anambra, who headed the NEC Adhoc Committee on cushioning the effect of petrol subsidy removal.
Crediblenews.ng
