• About
  • Advertise
  • Contact
Wednesday, September 16, 2026
  • 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

Dangote Promises To Give Priority Allocation To Small Investors If IPO Is Oversubscribed

Dangote Refinery Landmark IPO Takes Off

Dangote Refinery IPO : Global Leaders Rally Behind Plan To Democratise Africa’s Industrial Wealth

Dangote Refinery IPO : Turning Everyday Fuel Buyers Into Refinery Shareholders

“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

Dangote Refinery IPO : Global Leaders Rally Behind Plan To Democratise Africa’s Industrial Wealth
Business

Dangote Promises To Give Priority Allocation To Small Investors If IPO Is Oversubscribed

September 15, 2026
Crisis Looms As Oil Marketers Stop Lifting Petrol From Dangote Refinery Over Price
Business

Dangote Refinery Landmark IPO Takes Off

September 14, 2026
Dangote Refinery IPO : Global Leaders Rally Behind Plan To Democratise Africa’s Industrial Wealth
Business

Dangote Refinery IPO : Global Leaders Rally Behind Plan To Democratise Africa’s Industrial Wealth

September 11, 2026
Dangote Refinery IPO : Turning Everyday Fuel Buyers Into Refinery Shareholders
Business

Dangote Refinery IPO : Turning Everyday Fuel Buyers Into Refinery Shareholders

September 10, 2026
Crisis Looms As Oil Marketers Stop Lifting Petrol From Dangote Refinery Over Price
Business

Dangote Petroleum Refinery Receives SEC Nod To Commence IPO, Plans Listing Of 4.1billion Shares To ₦2.15trillion

September 5, 2026
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

Digital Economy : Osun Moves To Assist Indegens Access $618mln AfDB Tech Fund

Tinubu Urges Adeleke To Unite Osun People, Congratulates Him On Supreme Court Victory

3 years ago
​NDLEA Bust Nigerian-Mexican Drug  Cartel, Recovers N480billion Meth In Ogun, Arrests Baron, 3 Mexicans, 6 Others

President Tinubu Commends Marwa, NDLEA Staff On Successful Bust Of Nigeria-Mexican Drug Ring, Seizure Of N480million Illicit Drug

4 months ago
Saudi Arabia Slashes 2024 Hajj Fare, Other Charges For Nigerian Pilgrims

Saudi Arabia Slashes 2024 Hajj Fare, Other Charges For Nigerian Pilgrims

3 years ago
Terrorists Invade CRIN, Abduct Four Cocoa Farmers In Ibadan

Fresh Fears In Kwara South As Bandits Kill Two Local Hunters

6 months 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
  • Housing
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

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

Highlights

Africa’s Biggest IPO : Dangote Promises Strong Returns, Generational Wealth For Investors

Abiodun Tasks Judiciary On Justice, Accountability, Fairness As 2026/2027 Legal Year Begins

Nigeria, India Move To Rebuild Trade, Target $15bln, Modi Seeks Renewed Crude Purchases

Dangote Refinery Landmark IPO Takes Off

Ogun Executive Approves New Roads, Hospitals, Power Investment, MSME Agency

How We Intercepted 32.20kg Colos Shipments From UK, Uncovers Opioids In Loaves Of Bread – NDLEA

Trending

Dangote Refinery IPO : Global Leaders Rally Behind Plan To Democratise Africa’s Industrial Wealth
Business

Dangote Promises To Give Priority Allocation To Small Investors If IPO Is Oversubscribed

by Vital News
September 15, 2026
0

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has reaffirmed his commitment to making the...

NSCDC Arrests Former AEDC Staff, 12 Others Over Stolen Electrical Cables Worth ₦350mln

NSCDC Arrests Former AEDC Staff, 12 Others Over Stolen Electrical Cables Worth ₦350mln

September 15, 2026
NDLEA Arrests Mexican Drug Kingpin, Uncovers Another Industrial-scale Methamphetamine Laboratory In Ebonyi

NDLEA Arrests Mexican Drug Kingpin, Uncovers Another Industrial-scale Methamphetamine Laboratory In Ebonyi

September 15, 2026
Africa’s Biggest IPO : Dangote Promises Strong Returns, Generational Wealth For Investors

Africa’s Biggest IPO : Dangote Promises Strong Returns, Generational Wealth For Investors

September 14, 2026
Abiodun Tasks Judiciary On Justice, Accountability, Fairness As 2026/2027 Legal Year Begins

Abiodun Tasks Judiciary On Justice, Accountability, Fairness As 2026/2027 Legal Year Begins

September 14, 2026
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

  • Dangote Promises To Give Priority Allocation To Small Investors If IPO Is Oversubscribed September 15, 2026
  • NSCDC Arrests Former AEDC Staff, 12 Others Over Stolen Electrical Cables Worth ₦350mln September 15, 2026
  • NDLEA Arrests Mexican Drug Kingpin, Uncovers Another Industrial-scale Methamphetamine Laboratory In Ebonyi September 15, 2026

Categories

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