NNPC LTD DONATES 35 CNG BUSES TO BOOST FG’S ENERGY TRANSITION DRIVE
GREATRIBUNETVNEWS–THE Nigeria National Petroleum Company Limited (NNPC Ltd) has handed over 35 Compressed Natural Gas (CNG)-powered buses to the Presidential Initiative on Compressed Natural Gas (Pi-CNG) as part of its efforts to advance Nigeria’s energy transition drive. This initiative aims to reduce transportation costs, minimize reliance on petrol, and leverage the country’s abundant natural gas resources.
THIS POST IS SPONSORED BY SHELL NIGERIA
Key Highlights:
– Donation Details: The buses were handed over during a ceremony at the NNPC Towers in Abuja, with NNPC Ltd’s Group Chief Executive Officer, Engr. Bashir Bayo Ojulari, reiterating the company’s commitment to supporting the federal government’s gas agenda.
– Energy Transition Goals: The initiative aligns with President Bola Tinubu’s Renewed Hope Agenda, focusing on reducing transportation costs and promoting environmental sustainability.
– Economic Benefits: The adoption of CNG is expected to reduce dependence on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), leading to substantial cost savings and supporting the growth of the local gas industry.
– Partnership: The Presidential CNG Initiative’s CEO, Michael Oluwagbemi, praised NNPC Ltd for its consistent support, describing the company as a reliable partner in driving the nation’s CNG adoption objectives
Earlier in his remarks, the Executive Vice President, Downstream, NNPC Ltd, Mr. Mumuni Dagazau said the adoption of CNG as a fuel alternative has significant economic benefits for the Nation by reducing reliance on PMS and AGO as automotive fuels which also leads to substantial cost savings and supports the growth of local gas industry.
In his remarks, the Executive Vice President, Gas, Power & New Energy said as CNG commercialisation drive continues to gather momentum, NNPC Ltd will be there to lead the way.
The Managing Director of NNPC Foundation, Mrs. Emmanuella Arukwe said through the initiative, NNPC Ltd was advancing and shaping a new energy future that will purposefully serve people, communities, and the planet.
The Programme Coordinator/CEO, Presidential CNG Initiative, Mr Michael Oluwagbemi commended NNPC Ltd for supporting the Initiative, stressing that the Company has been a reliable partner for the Initiative since its commencement.
