Gas-powered vehicles will save 60% of fuel cost – OMAA CEO – Newstrends
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Gas-powered vehicles will save 60% of fuel cost – OMAA CEO

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The use of natural-gas to power vehicles will lead to 60 per cent savings on cost of fuel, Chief Executive Officer of OMAA, Chinedu Oguegbu, has said.

He urged Nigerians to develop interest in using gas-powered vehicles in order to cut down on carbon emission and save the environment.

Oguegbu stated this at the recent Nigeria Auto Journalists Association’s (NAJA) Annual training and capacity building workshop held in Lagos during his technical presentation of the opportunities in the use of natural gas vehicles.

The theme of this year’s event was ‘Migration to Electric Vehicles and Gas-powered Vehicles; Opportunities and Challenges for Nigeria’.

As one of the training facilitators, Oguegbu said stressed the importance of natural gas in the world, expected to form 26 per cent of the energy mix by 2040.

The boss of OMAA bus manufacturer said, “Government policies and technological advancements have led to the focus on increasing the output of electric vehicles (EVs) and natural gas vehicles (NGVs). Transportation currently accounts for 15 per cent of carbon emissions and vehicles represent a major part of this figure.”

He added, “With Nigeria committing to the Paris Agreement to reduce the rate of climate change globally, there is an increased push by the government to promote more environmentally friendly vehicles: EVs, NGVs and hydrogen.

“The advantages of using natural gas include up to 60 per cent savings in the cost of fuel relative to other options like diesel and petrol, and up to 90 per cent reduction in knocks and carbon emission for a healthier, cleaner and more environmentally friendly fuel alternative.

“Another opportunity lies in the development of export business with other African markets, thanks to the implementation of AfCFTA.”

According to Oguegbu, mass education of the public as well as consistent government policy is also required in order to promote investments in natural gas vehicle assembly and production in Nigeria.

According to him, OMAA is one of the pioneers in this field of local assembly of gas-powered vehicles.

From its facility in Igbo Ukwu, Anambra State, OMAA provides sustainable energy and mobility solutions to address today’s environmental challenges, while empowering people to create rugged solutions that are relevant to their local economy.

The company launched the first local assembled, dual-fuel, natural gas-powered commercial buses in Nigeria earlier this year.

The event was sponsored by the National Automotive Design and Development Council, Toyota Nigeria Limited, Weststar Associates Limited (Mercedes brand), Jet Systems Limited (assemblers of Jet brands of electric vehicles), and Autochek Africa (an online automotive marketing and financing option provider).

Other sponsors are Stallion Motors, CFAO Motors, Coscharis Motors, OMAA, Kojo Motors (owners of Yutong electric buses) and the Federal Roads Safety Commission.

 

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10th Transport Day event to focus on safety issues

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Pictures from past editions

10th Transport Day event to focus on safety issues

Transport industry experts and other stakeholders from both public and private sectors will x-ray safety issues across all modes of transportation at the 10th edition of the Nigeria Transport Lecture holding in Lagos on May 23, 2024.

The event fixed for Radisson Blu Hotel, Ikeja GRA, Lagos, according to a statement by Transport Day Media, will hold under the theme ‘Transportation Safety in Nigeria: The Way Forward’.

Those expected at the lecture are key industry players such as the Federal Road Safety Corps (FRSC), the Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Shippers’ Council, and the Nigeria Safety Investigation Bureau (NSIB).

The Editor-in-Chief of Transport Day Media, Mr. Frank Kintum, said the topic had become relevant in contemporary times because many lives and property were being lost to lack of adherence to safety measures in all modes of transportation.

He said, “Irrespective of the level of infrastructural development in the transportation sector, if safety is not promoted, we are going to continue to record loss of lives and valuable property.

“Hence, the lecture is meant to address pertinent issues concerning the industry as it concerns our local Nigerian setting.

“Aside from the lecture, we are also going to use the opportunity to recognise some players, both public and private sectors, who have significantly contributed to the growth of the sector and the economy in general.”

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BKG holds all-inclusive Lagos Motor Fair, auto parts expo June 4-6

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BKG holds all-inclusive Lagos Motor Fair, auto parts expo June 4-6

BKG Exhibitions Limited, organizers of annual Lagos International Motor Fair & Africa Autoparts Expo, has announced this year’s edition will be all-inclusive and billed to hold from June 4 to June 6.
It said in a statement that the event incorporating the Africa Motorcycle and Tricycle Expo aimed at reinforcing focus on attaining a thriving automotive industry in West Africa using Nigeria as the hub.
According to the BKG Managing Director, Mr Ifeanyi Agwu, apart from exhibition of automobiles (18th edition) and auto spare parts (11th), there will be Business-to-Business interface between auto dealers and Original Equipment Manufacturers (OEMs), seminars and workshops with closing of deals.
Even as he urged the Federal Government to focus on auto parts manufacturing, the BKG boss said over 100 original components manufacturers from China, India, South Korea, South Africa, Singapore, Turkey and Nigeria, including major automobile distributing/manufacturing companies in Nigeria would be showcasing at the event.
“Our intention in bringing them is to enable Nigerians and neighbouring West Africans engaged in automobile, spare parts, accessories, and allied businesses to work out rewarding and lasting business relationships with the main companies engaged in manufacturing these products and services.
“Nigeria is endowed with natural as well as man-made resources to become one of the most vibrant automotive industry giant in the world” and as such we in partnership with other well minded players will always deploy all we can to see that the country attains this height sooner than expected.
“This informs our resolve to use our events despite the challenges which keep increasing to support the rapid growth of the industry.
Agwu, who is also the chairman of the event’s organizing committee, also said, “We have been using the events over the years to drive more investment into automobile spare parts and accessories manufacturing in Nigeria as well as boosting aftermarket activities in the sector with the objective of showcasing the capacities and potential of this important sector of the economy.”

The event, he stressed, aimed at spurring the rapid springing up of companies that manufacture these components parts and use it to enhance the policy leading to the establishment of a virile automotive sector in the country.
He advised the Federal Government to focus more on spare parts manufacturing in place of assembling. According to him, spare parts is the place where the real technology transfer takes place.

Specifically, Agwu noted that this involves precision and proper planning more than the coupling that takes place in assembling.
This, he added , would give rise to establishing of more Original Equipment Manufacturers and increase employment”.
He said that there should be a review of the ongoing auto policy to make it achieve the desired ends.
Agwu stated, “Organizing the event has been very challenging we are only trying to find a way to push it as a key event in the sector we cannot but use the event to draw the necessary attention to the sector.
“Government should bail out the automobile companies operating in the country.
“It is a sector that affects virtually everything. It occupies prime position in the economy.
“If it is not done now it will in the very near future affect a whole lot in the life of the people and the economy.
“The challenges of hosting this event is becoming daunting but our drive in continuing is that the sector must not be allowed to die.
“In conjunction with our foreign partners, we have reached out to many of such companies, and happily, the response has been tremendous and we are expecting close a lot of them.
The statement said from June 4-7, 2024 at the Federal Palace Hotel, Victoria Island, Lagos, the venue of the event, each of those days that the fair will last is loaded with activities and events that will make this edition remarkably rewarding to the exhibitors, visitors, and other stakeholders.

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Appeal court takes over NURTW case as NIC withdraws

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Appeal court takes over NURTW case as NIC withdraws

The National Industrial Court has withdrawn from a case involving Alhaji Najeem Usman Yasin, Board of Trustees chairman of the National Union of Road Transport Workers (NURTW), and Alhaji Tajudeen Ibikunle Baruwa’s ambition to return as president of the union over lack of jurisdiction.

The industrial court’s decision was made to avoid conflict with the Court of Appeal, where the matter is already being heard.

Before the NIC announced its decision to hands-off the case, the defendants’ counsel, Mr. O.I. Olorundare SAN, had informed the court that the matter is currently before the Court of Appeal, Abuja division, and that the industrial court could not continue to adjudicate on the same matter.

The counsel cited authorities to support his claim, adding that the National Industrial Court does not have concurrent jurisdiction with the Court of Appeal.

The presiding judge, O.O. Oyewunmi, struck out the case, stating that the Appeal Court had taken over the matter and that the Industrial Court must respect the hierarchy of courts.

Alhaji Yasin and six others took the case to the Appeal Court, challenging the decision of the industrial court recognising a delegates’ conference held on May 24, 2023, where Baruwa was proclaimed as President of the union for a second term in office.

With the latest NIC judgement, both parties will now proceed to defend their positions at the Court of Appeal and await the final judgement.

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