News
CNG: FG begins conversion of 150 commercial vehicles in Kaduna
Following the increase in the pump price of Premium Motor Spirit (PMS) otherwise known as fuel, the Federal Government has commenced the conversion of 150 commercial vehicles to Compressed Natural Gas (CNG), free of charge, in Kaduna State.
The Coordinator of the initiative, Thomos Ayu said the the conversion kits will be distributed and installed at no cost to commercial vehicles in Zaria, Peugeot Kakuri, and Royal Energies in Kakau.
The move he said was aimed at reducing the cost of transportation, adding that the Federal Government intend to distribute 10,0000 conversion kits to ensure that the commercial transport sector is fully equipped to adopt CNG in the state.
He said the initiative was handing over 150 CNG kits cylinders to its partners to improve the transport sector and reduce the impact on the price of fuel across the country.
Team Lead for the CNG conversion initiative at the National Institute for Transport Technology (NITT) Centre, Dauda Suleiman, while speaking during the pre-conversion tests for 50 vehicles belonging to commercial transport union members in Zaria, Kaduna State, said the beneficiaries including the National Union of Road Transport Workers of Nigeria, National Association of Transport Owners, Association of Taxis among others will be getting their kits free of charge.
He explained that the removal of subsidy on petrol and government’s emphasis on CNG was due to its abundance and lower cost.
He said a kilogram of CNG goes for N230 in Abuja and N455 in Kaduna, making it cheaper than petrol. Additionally, CNG covers more distance than petrol, making it a cost-effective option.
He added that the cost of conversion varies, depending on the location and availability of kits
Explaining further, Suleiman emphasized that CNG is 90 percent maintenance-free, saying, “CNG requires minimal maintenance beyond regular vehicle maintenance. We also offer training programs for mechanics to address any concerns.”
The Chairman of the Zaria branch of the National Union of Road Transport Workers of Nigeria, Comrade Lawal Abdullahi, commended the Federal Government to coming up with the initiative to convert commercial vehicles to Compressed Natural Gas (CNG).
News
Tinubu unveils 2024 Christian pilgrimage to Israel, Jordan
President Bola Tinubu has officially flagged off the 2024 main Christian pilgrimage to Israel and Jordan.
This was contained in a statement by the Deputy Director and Head of Media and Public Relations of Christian pilgrimage, Celestine Toruka, and published on the Commission’s official X handle on Monday.
The president, represented by the Secretary to the Government of the Federation, George Akume, urged pilgrims to view their journey as an opportunity to strengthen their faith in God.
He noted that the theme of the 2024 pilgrimage, “Pilgrimage of Renewed Hope for Total Restoration,” aligns with the vision and agenda of his administration.
The president called on the intending pilgrims to pray for the progress of Nigeria, Lagos State, and their families.
Tinubu warned the pilgrims against absconding while in the Holy Land, stressing that there is no better place than home.
Business
Reduction in fuel pump price to reflect at filling stations within the week – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged Nigerians to expect a reduction in the pump price of the product within the week.
It should be recalled that last week, the Nigerian National Petroleum Company Limited, NNPCL, and the Dangote Refinery reduced the ex-depot price of petrol to N899 per litre in Lagos.
PETROAN President, Billy Gilly-Harry, spoke on when the price change will take effect while appearing on Monday’s edition of Channels Television’s breakfast show, Sunrise Daily.
“But I believe from today when members start loading from both NNPC and Dangote at this new price reduction, it will reflect in the market.
“But also I’ll give kudos to some of our members, some of the leaders in PETROAN, you know, that have done so well, especially in Abuja, for even reducing their prices to below N1,000 before even this announcement.
“So, we don’t encourage our members to try to sell products at a loss because our focus is to serve Nigerians. And the only way we can serve Nigerians is when we have the resources to be able to do that.
“The resources can only be there if we’re making marginal profit enough to pay for the cost of money and make sure that we continue to do business. So, never mind, you’ll see the translation of this reduction of prices in the retail outlets hopefully within the week,” he said.
According to him, the inability of members to sell in line with the new ex-depot price is due to some of them having old stocks that were bought at higher prices.
The PETROAN boss commended Dangote Refinery and NNPCL for the reduction in the price of the commodity.
News
FG declares wed, Thur, Jan 1, 2025 as public holidays
Federal Government has declared Wednesday, December 25, 2024, Thursday December 26, 2024, and Wednesday January 1, 2025 as public holidays to celebrate Christmas, Boxing Day and New Year respectively.
The Minister of Interior, Dr. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government extended warm greetings to all Nigerians, urging them to use the festive period to reflect on the values of love, peace, and unity that the season signifies.
In a statement, Tunji-Ojo emphasised the importance of the season as a time to
foster harmony and strengthen bonds across families and communities.
The minister also called on Nigerians to remain committed to the peace, unity and progress of the nation for national development.
“The Christmas season is a good moment for both spiritual reflection and national renewal. As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” Tunji-Ojo, said.
He assured citizens of the Federal Government’s continued commitment to ensuring peace, security, and prosperity across the nation.
While wishing Nigerians a merry Christmas and a prosperous 2025, the minister expressed his confidence in the Renewed Hope Agenda of President Tinubu’s Administration ushering in the new year, a better and prosperous economy that will be the envy of the world.
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