FG finally unveils new CNG bus initiative that will save Nigerians billions

• To cushion the enact of gasoline subsidy elimination, the federal authorities has rolled out its Presidential Compressed Pure Gasoline Initiative (PCNGI)
• This initiative modified into as soon as adopted by the unveiling of most fashionable arrivals of CNG buses that can again curb the transportation subject
• Femi Gbajabiamila, the Chief of Workers to President Bola Tinubu, supervised the unveiling on the Inform Condo on Friday, October 27

Legit.ng journalist Segun Adeyemi has over 9 years of experience masking political events, civil society, courts and metro.

FCT, Abuja – The Federal Authorities of Nigeria has initiated the Presidential Compressed Pure Gasoline Initiative (PCNGI), which involves organising seven conversion centres for the length of the country.

As reported by Each day Believe, the legit launch of this initiative took space on the Inform Condo in Abuja on Friday, October 27, with Chief of Workers to the President Femi Gbajabiamila leading the ceremony.

Zacch Adedeji, the Chairman of the Presidential CNG Initiative Steerage Committee, represented by Mr Farouk Ahmed, the Chief Govt Officer of the Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), launched that the authorities has exempted Price Added Tax on the have of CNG buses and is pursuing accountability waivers for the total worth chain.

Adedeji emphasised that the predominant goal is to manufacture a sustainable future by harnessing Nigeria’s unprecedented and environmentally pleasant vitality source, pure gasoline.

He additionally revealed plans to test a few conversion centres nationwide internal the next two weeks.

Adedeji underscored that the implementation of the CNG mission reflects President Bola Tinubu’s dedication to both environmental sustainability and economic trend in Nigeria.

He encouraged Nigerians to survey these CNG buses as a symbol of a brand new beginning set and a representation of President Tinubu’s commitment to spearheading an vitality revolution.

Rivers begin procurement of CNG buses

The Mission Director of the Presidential CNG Initiative, Engr. Micheal Oluwagbemi mentioned that lots of sigh governments possess expressed curiosity in investing in CNG buses, with the Rivers Inform Authorities already procuring a in point of fact intensive number to take care of transportation challenges in the sigh.

Relating to the worth of conversion to CNG, Oluwagbemi explained that it varies in accordance with the vehicle mannequin and beauty.

He additionally assured that the committee, as phase of PCNGI, will provide incentives to decrease the worth for the Nigerian populace, making conversion extra accessible.

Chinedu Oguegbu, the Managing Director of OMAA Motors and managing accomplice of PCNGI, counseled the federal authorities’s toughen for domestically manufactured autos, viewing it as a intention of advancing industrialisation in the country.

Tinubu appoints Olaopa as head of civil carrier price

In one more portray, President Tinubu has appointed a brand new chairman of the Federal Civil Service Price (FCSC).

The president approved the appointment of Professor Tunji Olaope to take care of the affairs of the cost.

Similarly, 11 other executives possess been appointed to consolidate his feature on the cost.

Source: Legit.ng