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PRESS STATEMENT: NNPC-NIPCO, PARTNER TO DELIVER CNG TO NIGERIANS As part of the Nigerian National Petroleum Company (NNPC) Limited’s commitment to providing cheaper alternative fuel to motorists, the company is happy to announce a strategic partnership with NIPCO Gas Limited to deploy Compressed Natural Gas (CNG) stations across the country. This landmark collaboration aims to expand our CNG infrastructure, improve access to CNG, and accelerate the adoption of cheaper and cleaner alternative fuel for buses, cars and Keke NAPEP, which will significantly reduce the cost of transportation and engender sustainable national economic growth. Under the NNPC-NIPCO strategic partnership, 35 state-of-the-art CNG stations will be constructed nationwide, including three (3) Mother stations. Once fully operational, the stations can service over 200,000 vehicles daily, thereby significantly reducing the cost of automobile fuel to Nigerians and reducing the cost of transportation. The project will be rolled out in phases. The first phase, comprising 21 CNG stations, will support intra-city transportation and be ready by the first quarter of 2024; While the second phase, comprising 35 CNG stations, will support inter-city transformation and will be ready by late 2024. This will be further complemented by additional 56 stations to be deployed by NNPC Retail across the country. NIPCO Gas Limited is currently operating 14 CNG stations across Nigeria and has converted over 7,000 vehicles to run on CNG. NIPCO’s technical competency and field experience will bolster this initiative's success and amplify its positive impact on the Nation's economy. This initiative will leverage Nigeria's abundant natural gas resources to bring multiple benefits to Nigerians, including access to cheaper fuel, reduced cost of transportation, reduced carbon emissions, create new business value chains and streams of job opportunities. NNPC Ltd. expects further private sector participation by oil marketing companies to broaden CNG penetration and availability. NNPC Ltd. remains committed to reliably delivering energy while continuously creating value for Nigeria’s prosperous future alongside our partners. Garba Deen Muhammad Chief Corporate Communications Officer NNPC Ltd. Abuja 03.08.2023 |
![]() Delegation arrived in Niamey.
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![]() ......larride; His Dark Materials really is helping me to sleep well. I hope it turns out solid sha. |
raumdeuter:....they are really loaded and eminently qualified. |
raumdeuter: ![]() Taiwo Oyedele made so many |
![]() ....so some Dudes really expect PBAT to select only real Technocrats as Ministers? We kid a lot with truth and reality. |
PDPGuy: ![]() Samsungcrat...🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 |
Wale Edun: “But I would just like to warn that all the models are showing that the fundamental value of the naira should be somewhere around 700. So, a note of caution to the “speculators”, as liquidity flows in and the rate comes rapidly down, there is a chance that they could lose their shares, it is just a warning.” Do I believe this statement?, Yes. The instability in the forex market today is largely due to the actions of “speculator”. Since the unification of the exchange rate, there has been increase in FPI by over 300%. I&E turnover has also increased by 400%. Notwithstanding the increase in demand, the current value of naira isn’t reflective of the above supply fundamentals. With as much as N2.4 trillion outside the banking system and total over N4 trillion in circulation, my guess is that speculators are buying the dollar and rerouting it to the black market. The over N100 disparity of the black market with “official rate” is largely artificial. To beat the speculators to their game, we need a significant inflow of foreX liquidity( around $15 billion), we need to immediate continuation of the naira swap policy albeit in a seemless manner, we also need more transparency in the digital transaction of foreX. |
NEWS RELEASE PRESIDENT TINUBU DISPATCHES ENVOY TO NIAMEY, URGES ROBUST DIALOGUE TO END IMPASSE The Chairman of the ECOWAS Authority of Heads of State and Government, President Bola Ahmed Tinubu, has dispatched a delegation to Niger Republic with a mandate to expeditiously resolve the current political impasse in the country. The action was in line with the resolution reached at the end of the extraordinary summit of the ECOWAS held last weekend in Abuja. The delegation, headed by former Nigerian Head of State, General Abdulsalami Abubakar (Rtd), left for Niamey on Thursday following a briefing by President Tinubu at the State House in Abuja. The former Nigerian Head of State is joined in the delegation by the Sultan of Sokoto, Alhaji Muhammad Sa'ad Abubakar III and the President of the ECOWAS Commission, H.E. Omar Alieu Touray. The President has also sent a separate delegation led by Ambassador Babagana Kingibe to engage with the leaders of Libya and Algeria on the Niger crisis. Briefing the two delegations, President Tinubu charged them to engage all stakeholders robustly with a view to doing whatever it takes to ensure a conclusive and amicable resolution of the situation in Niger for the purposes of African peace and development rather than a move to adopt the geopolitical positions of other nations. "We don't want to hold brief for anybody. Our concern is democracy and the peace of the region," the President said. Speaking after the meeting, General Abdulsalami Abubakar (Rtd) said the delegation would meet the coup leaders in Niger to present the demands of the ECOWAS leadership. Both leaders of the two missions expressed optimism on the outcome of the assignments.
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![]() [font=serif].....all hands are on deck. Plans going well accordingly. Return the power back to a civilian government or get roasted. — UNCLE DEJI™️ (@DejiAdesogan) August 3, 2023] |
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PDPGuy: ![]() ......iphonecrat. |
raumdeuter: ![]() ....round peg in the round hole. |
....btw! We are Liverpool as far as this war is concerned.
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.....meanwhile, France announces it has completed evacuation operations in Niger, having evacuated 1,079 people including 577 French nationals. |
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![]() ....if na America want attack Iran now, E go sweet una. Naija want deal with Niger of less down 20,000 forces, una dey fear. LOL Citizens of a Country with over 230,000 forces dey fear to battle a Nation with less down 20,000 forces? |
larride:📌📌📌📌 |
larride: ![]() .....Freedom of Speech bruh. |
Theflint1: ![]() .....yet una no like PBAT?! Same he did with Taiwo, his Critics are welcome to join and get it right. You may be appointed too - very soon in any capacity. |
![]() [font=serif].....Dem don carry SCJ matter enter Church. EL O EL. ] |
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![]() .....few days remain to bomb hell out of Niger! 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 |
raumdeuter:......💯 |
raumdeuter:1. Abdullahi Tijjani Gwarzo - Kano 2. Simon Lalong - Plateau 3. Bello Matawwalle - Zamfara 4. Tunji Alausa - Lagos 5. Adegboyega Oyetola - Osun 6. Uba Maigari Ahmadu - Taraba 7. Lola Ade John - Lagos 8. Dr. Ishak Salako - Ogun 9. Heineken Lolokpobri - Bayelsa 10. Yusuf Tanko Sununu - Kebbi 11. Prof. Tahir Mamman - Adamawa 12. Zaphaniah Bitrus Jisalo - FCT 13. Ibrahim Geidam - Yobe 14. Dr. Bosun Tijjani - Ogun 15. Maryam Shetti - Kano 16. Shuaibu Abubakar Audu - Kogi 17. Aliyu Sabi Abdullahi - Niger 18. Atiku Bagudu - Kebbi 19. Alkali Ahmed Saidu - Gombe |
![]() President Bola Ahmed Tinubu (GCFR), meets with the leaders of the Organised Labour Unions, comprising the Leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) at the State House, Abuja.
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larride:Dr. Tunji Alausa. |
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