The Presidential Compressed Natural Gas Initiative (PCNGi) said the government has invested more than $200 million in the compressed

The Presidential Compressed Natural Gas Initiative (PCNGi) has announced that more than $200 million has been invested in the Compressed Natural Gas (CNG) value chain. Project Director and CEO of PCNGi, Michael Oluwagbemi, noted that the initiative has successfully converted over 100,000 vehicles from petrol to CNG. In a statement released on Wednesday, Oluwagbemi also…

If properly followed up, the deal signed by the Presidential Compressed Natural Gas Initiative (PCNGI) with 75 conversion firms towards reducing reliance on petrol to power vehicles can make a difference between the galloping inflation afflicting Nigerians now

The Presidential CNG Initiative (PCNGI) has expressed deep concern over a recent incident involving an illegally modified vehicle at a NIPCO CNG Station in Benin City. The incident, which occurred on October 16, resulted in injuries but fortunately did not cause any fatalities. An investigation into the matter revealed that the vehicle's cylinder had been…

An explosion at a NIPCO filling station in Aduwawa, Benin City, the capital of Edo State, on Wednesday left three people severely injured. The explosion, which occurred during a routine refuelling process, was traced to a modified gas cylinder. An anonymous attendant at the station said that “one motorist suffered an eye injury, a woman’s…

In a strategic move to reduce fuel costs and provide Nigerians with an affordable alternative to petrol and diesel, President Bola Tinubu has made Compressed Natural Gas (CNG) available for vehicles at N230 per litre.

In a bold step to reduce fuel costs and offer Nigerians an affordable alternative to petrol and diesel, President Bola Tinubu has made Compressed Natural Gas (CNG) available for vehicles at just ₦230 per litre. This landmark initiative is aimed at alleviating the financial strain caused by the high cost of petrol, which currently exceeds…

As a new fuel price regime takes effect across the country, the Federal Government through the Presidential CNG Initiative (P-CNGi) has handed over 20 Compressed Natural Gas (CNG) buses to Iru Land Transport Company Limited.

Programme Director/CEO, Presidential Initiative on Compressed Natural Gas (PCNGI) PCNGI, Michael Oluwagbemi, has indicated that Compressed Natural Gas (CNG) would reduce the cost of fueling for cab drivers in Nigeria by about 70 per cent. He made this known at the launch of the Rideshare CNG conversion incentive programme and MYCNG APP, at the Portland/NASENI…

Nigerian in dire need of a cheaper source of energy may soon heave a sigh of relief, as the Presidential Compressed Natural Gas Initiative (PCNGI) has concluded arrangements to roll out Compressed Natural Gas (CNG) engines on May 29, 2024.

When President Bola Tinubu removed the fuel subsidy last year, a potential gain was that it would improve Nigeria’s climate change response by reducing the amount of carbon emissions released into the environment via fossil fuel consumption.

Federal Government has perfected plans to put one million gas-powered vehicles on the road by 2027, at an average yearly rate of 250,000 vehicle conversions.