President Bola Tinubu urged Nigerians to switch from petrol, priced at N1,000 per litre, to compressed natural gas (CNG), costing N200 per cubic meter. He praised NIPCO’s efforts in promoting CNG adoption and reaffirmed his administration's commitment to expanding CNG infrastructure for cleaner...
The Nigerian government has removed VAT on cooking gas, diesel, and CNG to revitalize the oil and gas sector. Finance Minister Wale Edun announced these incentives to lower living costs, enhance energy security, and attract global investments, positioning Nigeria as a leader in the oil and gas...
The Coalition of Northern Groups criticizes the Central Bank of Nigeria's Monetary Policy Committee, calling it the worst since 1999, and blames President Tinubu's economic team for worsening Nigeria's economic hardship with ineffective policies.
The Coalition of Northern Groups (CNG) has...
The Coalition of Northern Groups (CNG) has called on businesses to reassess their pricing strategies in light of the recent boost in the Naira's value against the dollar.
While acknowledging efforts to stabilize the currency, the CNG expressed disappointment over businesses' reluctance to...
In a growing crisis, Nigeria is experiencing a dire scarcity of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, with Lagos and several other states severely impacted. This predicament has left households and small businesses struggling to afford this essential energy source. The...
The Senate Committee on Gas has urged President Tinubu's administration to present a 2023 supplementary budget to the National Assembly for the Compressed Natural Gas (CNG) project. While commending the CNG initiative, the committee emphasized the importance of following legal procedures for...
Supplying natural gas as a source of power to areas not connected by pipeline, Powergas Africa Ltd., headed up by Mr. Deepak Khilnani, is set to change the fortunes of manufacturing firms throughout sub-Saharan Africa. The Company’s “Gas on Wheels” service is providing firms with a real...
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