• About
  • Advertise
  • Contact
Thursday, August 21, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Oil & Gas

CNG Initiative Will Open Another Level Of Economic Activities In Nigeria – TMV

Vital News by Vital News
November 1, 2024
in Oil & Gas
0
Share on FacebookShare on Twitter

The Tinubu Media Volunteers (TMV) has implored Nigerians to see the federal government’s emphasis and support for the use of Compressed Natural Gas (CNG) as another form of palliative and as business opportunity.

The group stated this in a statement signed by its Chairman Chukwudi Enekwechi and Secretary Sunday Shedrach Gyungoun.

It said the initiative is one that was meant to provide succour for Nigerians as well as open up another level of economic activities.

“We note that President Bola Ahmed Tinubu had at a meeting with the executives of the Nigerian Independent Petroleum Company (NIPCO) advised Nigerians to power their vehicles with Compressed Natural Gas as an alternative to fossil fuel.

“It is important to emphasize that CNG is a cleaner source of energy and environmental-friendly.

RelatedStories

NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery

Dangote Debunks Rumours Of Refinery Shutdown, Says PMS Gantry Price Remains N850

Kogi Govt Moves To Attract Investors To Exploit Oil, Gas Deposits

Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector

“Also, as a cheaper source of energy, CNG will be affordable to all classes of Nigerians, thereby creating more jobs and another round of economic activities in the country.

“We also acknowledge that Nigeria has a huge deposit of gas which over the years has remained untapped, and the attention the Tinubu administration is drawing to its use will greatly impact and stimulate the country’s economy as well as maximize its use within the country.

“Apart from CNG, it is gratifying that the federal government has gone further to stop the export of Liquefied Petroleum Gas (LPG) also known as cooking gas, as a means of mitigating the soaring prices of the product and meeting local demand.

“It is also gladdening that in its effort to make CNG available to all users, the Nigerian National Petroleum Company Limited (NNPCL) is establishing 40 CNG stations/depots across the country in order to o ensure easy accessibility for Nigerians.

“We therefore call on the citizenry to auscultate to the advice of the President by massively signing up to the CNG initiative which at N200 per standard cubic meter is cheaper than its PMS equivalent of N1000 a litre,” the group explained.

TMV then urged those saddled with the responsibility of ensuring easy accessibility to CNG kits, especially for commercial operations, to live up to their responsibilities.
(vitalnewsngr.com)

Tags: BusinessCNGNIPCOTinubu
Previous Post

Deal Directly With Us, Stop Going Through NNPCL, Dangote Tells IPMAN, Sets Record Straight

Next Post

Man Lands In Prison For Calling Governor Alia “A Chronic Womaniser “

Vital News

Vital News

RelatedStories

NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery
Oil & Gas

NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery

August 13, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15
Oil & Gas

Dangote Debunks Rumours Of Refinery Shutdown, Says PMS Gantry Price Remains N850

August 8, 2025
Kogi Govt Moves To Attract Investors To Exploit Oil, Gas Deposits
Business

Kogi Govt Moves To Attract Investors To Exploit Oil, Gas Deposits

August 8, 2025
Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector
Business

Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector

July 27, 2025
Africans In Position To Develop Africa, Dangote Tells Global CEOs
Oil & Gas

Dangote Urges African Leaders To Protect Local Industries From Unfair Competition

July 23, 2025
Next Post
Alia Removes Chairman Of Benue Independent Electoral Commission

Man Lands In Prison For Calling Governor Alia "A Chronic Womaniser "

Former Nigeria Ambassador To Botswana, Onuh Faults EFCC Handling Of Corruption Case Against Yahaya Bello

Former Nigeria Ambassador To Botswana, Onuh Faults EFCC Handling Of Corruption Case Against Yahaya Bello

Nigeria’s Economy Not dysfunctional, Transiting To Another Model – IMPI

Tax Reform Bill Should Go Through Legislative Process, Inputs Can Be Made At Public Hearing - Tinubu

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Nigeria’s Inflation Jumps To 29.90 pct

Nigeria’s Inflation Jumps To 29.90 pct

2 years ago

EFCC secures 2,220 convictions in 2021

4 years ago

AfDB Fund Secures $64mln Grant From Norway

3 years ago

APC Says FG Has Not Re-introduced Petrol Subsidy

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

Ladoja To Be Install 44th Olubadan Sept. 26

PBAT Door-to-Door Movement Extends Condolences To APC National Chairman Over Mother’s Death

Ogun APC Suspends Senator Gbenga Daniel, Kunle Folarin Indefinitely For Anti-party

Lagos Loses Another Female Councillor, Zainab Shotayo, Second In One Week

Trending

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation
Education

FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation

by Vital News
August 20, 2025
0

The Federal Government has given Colleges of Education nationwide the go ahead to start offering both National...

Court Berates EFFC Over Disregard For Rule Of Law, Orders Immediate Release Of Aisha Achimugu

EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud

August 20, 2025
Tinubu Appoints Rotimi Pedro, Founder Of OSMI As New DG Of NTA

Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors

August 20, 2025
Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

Nigeria’s Consul General In Cameroun, Taofiq Coker Is Dead

August 20, 2025
Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

Explainer : How INEC Declares LP Candidate Serving Jail Term Winner Of Enugu Assembly Rerun Election

August 20, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • FG Empowers Colleges Of Education To Offer NCE, Degree Programmes Without University Affiliation August 20, 2025
  • EFCC Arrests Deputy Vice Chancellor, Bank MD, Two Catholic Sisters Over N1.2bln Loan Fraud August 20, 2025
  • Presidency Confirms Appointment Of Rotimi Pedro As New DG Of NTA, Three Executive Directors August 20, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In