News

FG Has So Far Committed N100bn To CNG Initiative – Malagi

0
IMG 3391

Minister of Information and National Orientation, Mohammed Idris Malagi, says the private sector has a leading role in actualizing the federal government initiative on Compressed Natural Gas in the country.

The Minister explained that the government of President Tinubu has so far committed the sum of N100 billion in the first instance, towards the CNG.

According to him, the CNG and its inherent opportunities appealed to the Nigerian Labour Congress and aided in their softening of grounds with the federal government.

Also Read:  ICPC to track 550 projects in 18 states

A statement by media aide to the minister Rabiu Ibrahim, noted that Malagi stated this on Tuesday in Abuja at the commissioning of the ABG CNG Plant and graduation of 40 CNG Conversion Technicians.

Malagi who described the effort of the ABG Group as noble and timely, said the CNG has come to stay as a more cost-effective means in the transportation sector, and praised the foresight of President Bola Tinubu in leading the way toward the adoption of the CNG as a dominant alternative to premium motor spirits in powering commercial and private vehicles.

Also Read:  Tinubu makes another appointment

“The CNG is the future and it is therefore important for Nigerian entrepreneurs to seize advantage of government policy on the CNG by investing in the human and material assets required to grow its infrastructure across Nigeria,” he said.

In his remarks, chairman of the ABG Group, Alhaji Bawa Garba, said the CNG is a clean energy solution requiring government support and patronage to become immersive and showcase Nigeria as a “Gas Nation.”

Also Read:  KWSG partners FG to launch N53.1M grants for 2,655 Kwarans

“Our Group is thankful to President Tinubu for the bold decision to adopt CNG. We are always a pioneering company, and our involvement in the CNG initiative is underscored by training multitudes of CNG conversion engineers across Nigeria,” said Alhaji Garba. (Blueprint)

Accurate News Nigeria chat
accuratenewsng

NAHCON Extends 2024 Hajj Payment Deadline

Previous article

Police Arrest Car Thieves, Recover 3 Stolen Vehicles

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in News