• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 29, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

CNG initiative will open another level of economic activities in Nigeria – TMV

CNG

The Matters Press by The Matters Press
October 28, 2024
Reading Time: 2 mins read
0
Covid-19 causes GDP’s contraction

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.

RELATED POSTS

Tinubu explains mission as he marks second year in office

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

It is said in a statement signed by its Chairman Chukwudi Enekwechi and Secretary Sunday Shedrach Gyungoun that 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. 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 added.

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

Tags: CNG
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

Tinubu explains mission as he marks second year in office

May 29, 2025
Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Court visits Patience Jonathan’s money palaver
Economy/Technology

Patience Jonathan’s endorsement of Tinubu’s re-election, significant, inspiring

May 20, 2025
Next Post
Nigeria regains top crude oil production spot in Africa

Nigeria’s sale of crude in Naira has set economy on path of industrialisation

Police recover 100 guns from bandits

Nigeria seeks regional front against illicit arms

Recommended Stories

Privatisation: Osinbajo wants key national assets for serious investors

Privatisation: Osinbajo wants key national assets for serious investors

May 9, 2023
Nigerian firms to handle $4b gas project

No refinery is functional in Nigeria – NNPC

June 29, 2022
Nigerians kick against re-opening of schools as COVID-19 bites harder

At last Nigeria introduces Interest free student loan

June 13, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu explains mission as he marks second year in office
  • Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms
  • Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

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
Call Us