Tuesday, April 14, 2026
32.6 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

NIA to Honour Past Governing Council Members

The Nigerian Insurers Association (NIA) is pleased to announce...

Nigeria Hosts 1st ECOWAS Brown Card Zonal Meeting 2026 in Lagos

‎The Commissioner for Insurance, National Insurance Commission, Mr. Olusegun...

Stanbic IBTC Bank Sponsors 2026 Lagos Polo Easter Tournament

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

Heirs Insurance Group, United Capital Partner on Self-Care, Wealth Event for Ambitious Women

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, and United...

NAICOM Pledges Commitment to Labour Standards, Staff Welfare

The National Insurance Commission (NAICOM) reaffirms its strong commitment...

Topics

Nigeria Ranks 3rd in Mobile Malware Attacks in 2018

Four African countries made the list in terms of...

Stanbic IBTC to Groom Future Business Leaders Through YLS

  Stanbic IBTC Bank Plc, a subsidiary of Stanbic IBTC...

GNI: MotorFlex Insurance Will Generate Premium Customer Experience

Cecilia O. Osipitan Managing Director/CEO Great Nigeria Insurance Plc One of the...

NEM Insurance 2020: N22bn Premium, N8.4bn Claims, N5bn Profit

Dr. Fidelis Ayebae, Chairman, NEM Insurance Plc said the...

African Airlines Report 1.3% Drop in 2018 Cargo Growth

African carriers saw freight demand decrease by 2.2%, in December...

Diamond Bank Earnings: Succumbing to Cost & Regulatory Pressures?

Diamond Bank Plc recently published its audited FY: 2014 and Q1:2015 results on March 30, 2015 and April 13, 2015 respectively on the floor of the Nigerian Stock Exchange (NSE). The results show mixed performances at the top and bottom lines. We present the highlights of the FY: 2014 result, Q1:2015 and our 2015 estimates below:

Nigerian, South African Gas Take Centre Stage at African Energy Chamber-Gazprom Roundtable

Various speakers at the international roundtable on natural gas...

African Dining Hall, Food Pavilions to Feed Children at Expo 2020 Dubai

Kids visiting the on-going Expo 2020 Dubai are entitled...
spot_img

Related Articles

Popular Categories

spot_imgspot_img