Saturday, March 28, 2026
29.8 C
Lagos

NNPC GCEO: Nigeria’s CNG Journey Has Commenced and is Irreversible

Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo (3rd left) cuts a tape to commission an NNPC Compressed Natural Gas (CNG) Station in Abuja, as part of the 12 CNG Stations commissioned in Lagos and Abuja. From the Minister’s left are the Board Chairman, NNPC Limited, Chief Pius Akinyelure and GCEO, NNPC Limited, Mallam Mele Kyari while on the Minister’s left are the Chairman House Committee on Gas, Hon, Nicholas Mutu; Chairman, Senate Committee on Gas, Senator Jarigbe Jarigbe and Chairman, House Committee on Petroleum Downstream, Hon. Ikenga Ugochinyere.

The Group Chief Executive Officer of NNPC Limited, Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible.

Kyari, who disclosed this on Thursday during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos, said in addition to the massive deployment of CNG stations nationwide, the NNPC Limited and its partners would also build three Liquefied Natural Gas (LNG) stations in Ajaokuta.

“There is simply no way to turn back on delivering CNG for all Nigerians. It is the right thing to do. Is it late? Yes, but we will make progress, we will cover the gap in order to ensure that the volatility we see with Premium Motor Spirit (petrol) does not apply to gas,” Kyari stated.

The GCEO commended President Bola Ahmed Tinubu for providing the needed support to drive domestic gas utilisation aimed at delivering cleaner and cheaper source of energy to Nigerians.

While assuring that the NNPC will continue to deliver more strategic gas projects for the benefit of Nigerians in line with the Presidential CNG Initiative of bringing prosperity to all Nigerians, Kyari reaffirmed the determination of the NNPC to guarantee the nation’s energy security.

Also speaking at the occasion, the Managing Director, NNPC Retail Limited, Mr. Huub Stokman revealed that in the next one year, NNPC Retail would have launched over 100 CNG sites, including 16 NNPC Gas Marketing and NIPCO Gas JV sites.

“CNG provides Nigeria with affordable alternatives to existing available fuel products. It will be about 40% cheaper than petrol in Nigeria and with continued investments, it will become a significant part of our energy mix,” Stokman added.

In his remarks, Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo said the commissioning of the stations will not only provide economic benefits by creating jobs and stimulating local economies, it will also contribute significantly to Nigeria’s national goals of reducing emissions and combating climate change.

On his part, the Chairman of the NNPC Board of Directors, Chief Pius Akinyelure said increased CNG adoption will foster economic benefits by reducing fuel costs for consumers and businesses alike.

Following the removal of fuel subsidy and the declaration of the Presidential Compressed Natural Gas (CNG) initiatives, NNPC Limited has taken the lead in the deployment of Auto-CNG Stations across Nigeria.

Already, NNPC Gas Marketing Limited, a subsidiary of NNPC Limited, in partnership with NIPCO Gas Limited has developed an Auto-CNG rollout plan for construction of thirty-five (35) CNG stations across the various geographical zones of Nigeria.

spot_img
spot_img
spot_img

Hot this week

BudgIT Demands Accountability over N129.5bn Disbursed on 2023 Census Without Result

Nigeria's last credible population census was conducted in 2006....

Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

CBN Reaffirms Oversight, Assures Stability of Union Bank After Court Ruling

 The Central Bank of Nigeria (CBN) acknowledges the judgment...

Mutual Benefits Strengthens Customer Confidence with ₦4.2bn February Claims Payout

Mutual Benefits Assurance Plc, a leading player in Nigeria’s...

NCC Reaffirms Commitment to Expanding Broadband Access to Underserved Communities in Plateau State

L-R: Deputy Director, Legal and Regulatory Services, Nigerian Communications...

Topics

Google Slashes Political Lobbying to $3.8m

Google slashed spending on lobbying by 25.5 percent in...

Ngozi Okonjo Iweala Congratulates Business Journal on 15th Anniversary

Dr. Ngozi Okonjo Iweala, Director-General, World Trade Organisation (WTO)...

WAICA Re Wins 2021 NAIPCO Excellence Award

L-R: Conference Chairman, and Chairman/CEO, Prestige Insurance Brokers,...

Jumia Nigeria Empowers Women through ‘Accelerate Action’ Seminar in Celebration of IWD 2025

Jumia Nigeria reaffirmed its commitment to gender inclusion and...

5G: Gwandu Tasks African Countries to Harness $130bn Economic Value

Dr. Bashir Gwandu, former Acting Executive Vice Chairman/CEO, Nigerian...

BREAKING NEWS! MTN CEO Resigns over N1.04tr NCC Fine

Mr. Sifiso Dabengwa, the Chief Executive Officer of MTN Group has resigned with immediate effect over the N1.04 trillion ($5.2bn) fine imposed on MTNN Nigeria by the Nigerian Communications Commission (NCC) for failing to deactivate unregistered SIM cards. The resignation of Dabengwa was announced by the company early Monday.

Africa’s Mobile Phone Shipments Decline 2.1% in Q3 2018

Africa's mobile phone market declined 2.1% quarter on quarter...

HRM Igwe Maduagwuna of Awba-Ofemili Commends The Village Priest Author, Remmy Nweke

His Royal Majesty, Igwe Ezekwesili Maduagwuna, Ofemili I of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img