Sponsored
News

President Tinubu Approves Expansion Of PiCNG Mandate To Include Electric Vehicles

Sponsored
Sponsored
President Bola Ahmed Tinubu has approved the expansion of the mandate of the Presidential Initiative on Compressed Natural Gas (PiCNG) in a new drive to reposition the initiative.
The initiative will now be known as the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (PiCNG & EV).
With this approval, PiCNG & EV will lead and coordinate Nigeria’s clean mobility strategy, covering gas-driven vehicles and Electric Vehicles nationwide.
The Initiative will continue to drive the deployment of CNG infrastructure, including Mother and Daughter Stations, Integrated Refuelling Units, CNG vehicles and equipment, and nationwide conversion programmes. It will also anchor the development and rollout of electric vehicles, EV charging infrastructure, and related investments nationwide.
Gas remains a competitive and strategic fuel for transportation, leveraging Nigeria’s abundant resources to lower costs, strengthen energy security, and conserve foreign exchange. The inclusion of electric vehicles further strengthens the government’s agenda for affordable, efficient, and environmentally responsible mobility.
President Tinubu has also directed the Executive Chairman of PiCNG & EV to immediately establish a coordinated process for the rapid deployment of vehicle conversion kits across the country and ensure that such kits are accessible to Nigerians at a cost that is not burdensome.
To achieve this, the Initiative will work with CreditCorp Nigeria, financial institutions, and relevant partners to design cost-effective financing structures that make vehicle conversions widely accessible to the public.
The President further directed the accelerated deployment of Mobile Refuelling Units (MRUs) to expand access to CNG while permanent infrastructure continues to scale.
Sponsored
Alinnor Arinze

Recent Posts

Power Minister Seeks Enhanced Cooperation of Nigerian Police With The Set Up of Joint Task Force On Power Infrastructure Protection

In a bid to safeguard power infrastructure in line with current reforms, the Honourable Minister…

23 minutes ago

AAAN’s 53rd AGM/Congress Begins in Lagos, Sets Agenda for Advertising’s Next Chapter

The Association of Advertising Agencies of Nigeria (AAAN) will today commence its 53rd Annual General…

36 minutes ago

ONC PG, Amb. Emeni Ibe Felicitates With Prof. Henry Ogiri On His Birthday

  The President General of notable Niger Delta socio-cultural group, the Orashi National Congress, ONC,…

3 hours ago

It’s 100% Or Nothing

There’s a reason you — yes, you reading this — would jump higher than your…

4 hours ago

Fidelity Bank Extends Lifeline to 1,000 IDPs In Plateau With Food Bank Initiative

In a significant demonstration of its commitment to alleviating hunger and supporting vulnerable communities, leading…

4 hours ago

Afenifere, Ndigbo Forum Meet To Strengthen Lagos Unity

CYRIACUS IZUEKWE  The Afenifere Lagos and the Ndigbo Unity Forum held a joint meeting on…

4 hours ago
Sponsored