The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG) also known as cooking gas, and the Compressed Natural Gas (CNG). It also announced zero per cent import duty for the products. Its National Public Relations Officer, Mr. Abdullahi Maiwada broke the news in a press…
GISTSMATE MEDIA reports that the federal government has launched a free Compressed Natural Gas (CNG) bus service in Abuja to ease transportation costs for Nigerians. The CNG buses began operations on December 2, 2024, as shown in a video shared by the Presidential CNG Initiative on its X (formerly Twitter) page. The buses, according to…
President Bola Tinubu says Nigerians can buy premium motor spirit (PMS), also known as petrol, at N1,000 per litre or compressed natural gas (CNG) at N200 per standard cubic meter. In a statement by Bayo Onanuga, special adviser to the president, Tinubu spoke during a meeting with the Nigerian Independent Petroleum Company (NIPCO) on Tuesday…
The Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin the distribution of 2,000 CNG-powered tricycles to youths in the transportation sector across Nigeria starting October 1st, 2024. The initiative aims to distribute 2,000 CNG-powered tricycles to youths in the transportation sector across the country, as part of efforts to address rising…
GISTSMATE MEDIA reports that the Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the expansion of its Compressed Natural Gas (CNG) stations across the country. According to NNPC, CNG stations are now available at Gaduwa, Wuse, Gudu, Dei Dei, Ushafa, and Gwagwalada in Abuja, with plans to extend to other locations nationwide. The company,…
Oyo State Government through the Pacesetter Transport service (PTS), has received deployment of 20 CNG buses as part of efforts by the federal government to cushion the effect of subsidy removal. During the brief handling ceremony held at the PTS conference room on Monday, the Chairman and Sole Administrator, Hon. Salami Dikko, who expressed gratitude…
President Bola Ahmed Tinubu is scheduled to commission a fleet of Compressed Natural Gas (CNG) buses produced by Innoson Motors this afternoon. The commissioning ceremony will take place shortly at the State House in Abuja. The CNG buses, manufactured by the indigenous company Innoson Motors, are expected to enhance public transportation while contributing to environmental…