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Presidential CNG initiative attracts $45m private investment
Presidential CNG initiative attracts $45m private investment
Project Director/CEO, Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi (P-CNGi), yesterday said the initiative has received a boost with investors staking about $45million in the programme.
He said the initiative has attracted investors in the oil and gas sector who are ready to invest in the establishment of the conversion and refueling centres across the country.
He spoke at the Nigerian Army Auto Switch kick-off at the Nigeria Institute of Transport Technology (NIIT) in Abuja.
Sixteen vehicles belonging to the Nigerian Army are to be converted from use of premium motor spirit (PMS) to CNG.
Oluwagbemi said the CNG conversion centres have increased from seven to 21 centers across the country, adding that the centres would increase to 45 by May 29, 2024.
He said the target of the P-CNGi is to have about one million conversion centres before 2027 and over 3,000 refuelling centres driven by 25,000 technicians.
He said: “We also have increased the number of investments in refueling centres. We will have about 100 of them before the end of the year. NIPCO is investing 32, MRS 10, BoVAS 10, the core partners of the Presidential CNG is investing over 15 centres and these have attracted $45million.”
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He said to encourage investment in the sector, the P-CNGi has attracted tax and duty waivers as well as secured 80 regulatory standards by the Standards Organisation of Nigeria (SON).
The P-CNGi noted that Nigeria could not continue to depend on other countries for its energy security, assuring that Nigerians would soon start seeing the good in the fuel subsidy removal.
Minister of Transportation, Sen Said Alkali, while declaring open the training and kick-off of technicians of the Nigerian Army on the CNG auto fleet, stressed that CNG was environmentally -friendly, cost effective and an alternative fuel for mobility.
He said the training was facilitated by NITT with support from the Federal Ministry of Transportation on conversion technology for two weeks.
The minister said the initiative was aimed at driving down and managing the cost of transportation for Nigerians by utilising the cheaper gas alternative that was abundant and underutilised.
He said the initiative would facilitate job creation, transfer of technology, support the development of auto manufacturing and the development of critical gas distribution, processing and production infrastructure.
Director-General, NITT, Bayero Farah said 11 Army personnel would undergo a two – week training at the organisation’s facility, while 16 vehicles belonging to the Nigerian Army would be converted from use of PMS to CNG.
Presidential CNG initiative attracts $45m private investment
News
Akpabio sues Natasha for ₦200bn over sexual harassment allegations
Akpabio sues Natasha for ₦200bn over sexual harassment allegations
Senate President Godswill Obot Akpabio has instituted a ₦200 billion defamation lawsuit against Senator Natasha Akpoti-Uduaghan, accusing her of spreading malicious sexual harassment allegations that he says have severely damaged his public image.
According to documents filed before the High Court of the Federal Capital Territory, Abuja, Akpabio is seeking substantial damages, public retractions, and nationwide broadcast apologies. He argues that Senator Akpoti-Uduaghan’s televised, radio, and online interviews portrayed him as a sexual predator who abused his office for personal gratification—claims he insists subjected him to widespread ridicule and reputational harm.
The lawsuit includes a comprehensive statement of claims and a list of witnesses. Akpabio is also asking the court to compel the removal of all online materials containing the disputed allegations and to order repeated public apologies across major media outlets.
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A court order issued on 6 November 2025 granted permission for substituted service through the Clerk of the National Assembly after initial attempts to reach Senator Akpoti-Uduaghan directly were unsuccessful. The case is now moving forward and is expected to become one of the most closely watched political legal battles in Nigeria.
Responding on 5 December 2025, Senator Natasha Akpoti-Uduaghan confirmed receipt of the suit and expressed readiness to defend her allegations before a competent court. She stated that she had previously been prevented from presenting a petition before the Senate Committee on Ethics and Privileges due to claims that a related case was already in court—an action she believes protected the Senate President from legislative scrutiny.
In a strongly worded response, the Kogi Central senator maintained that the court proceedings will finally provide the platform to substantiate her claims. She reiterated her stance that she experienced sexual harassment and that her refusal to comply with the alleged advances prompted sustained political retaliation.
“See you in court, Godswill Akpabio,” she declared.
Akpabio sues Natasha for ₦200bn over sexual harassment allegations
News
NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party
NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party
The Nigeria Labour Congress (NLC) has warned that it will no longer remain passive as criminal gangs intensify violent attacks across the country, declaring its readiness to hold a national day of mourning and mobilise nationwide protests over the escalating insecurity in Nigeria.
Speaking at the opening of the NLC’s National Executive Council (NEC) meeting in Lagos, NLC President Joe Ajaero said the country was “under siege,” condemning the latest school kidnapping and the reported withdrawal of security personnel before the attack. He demanded a full investigation to expose any possible compromise within the nation’s security architecture.
“The NLC cannot stand idly by and allow criminals to take over our country—never again. We want to know who ordered the withdrawal of security operatives from that school. We will not allow kidnappers and bandits to overrun our nation,” Ajaero said.
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He stressed that the labour movement would soon announce details of the planned protests and national mourning, insisting the lives of teachers, students and workers were in grave danger. “It is getting out of hand. We can no longer bear this,” he added.
Ajaero also revealed that the NLC had withdrawn its representatives from the Labour Party, accusing them of pursuing personal interests rather than representing workers.
Human rights lawyer Femi Falana, SAN, who addressed the meeting, warned that the country was in “serious trouble” over rising kidnappings and attacks. He rejected calls for foreign military intervention, cautioning that such a move would undermine Nigeria’s sovereignty.
Falana criticised recent statements by former U.S. President Donald Trump, describing them as unacceptable. He urged President Bola Tinubu to take decisive action to protect citizens, saying: “We want to let the world know that we are not a conquered people.”
He called on labour unions, civil society organisations and Nigerians to prepare to resist any further decline in national security.
NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party
News
Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria
Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria
Former British Prime Minister Boris Johnson has praised UK Conservative Party leader Kemi Badenoch, describing her as a “future Prime Minister of the United Kingdom” during his visit to Nigeria for the Imo State Economic Summit 2025.
Speaking in Owerri, Imo State, on Thursday, Johnson commended Governor Hope Uzodimma for his efforts to boost economic development and improve security, noting that he felt “perfectly safe” despite earlier warnings about Nigeria’s security situation.
Johnson highlighted the state government’s push to deliver 24-hour electricity, stressing that reliable power and clean, sustainable energy are essential for economic growth as the world moves into an Artificial Intelligence (AI)-driven future.
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He also emphasized the strong historical and economic ties between Nigeria and the United Kingdom, praising the exchange of goods, services, and highly skilled professionals between both countries.
In a humorous remark that sparked applause, Johnson said: “We send you former UK prime ministers, and you send us future UK prime ministers in the form of Kemi Badenoch.”
The summit, attended by Vice President Kashim Shettima, former UN Secretary-General Ban Ki-moon, business mogul Aliko Dangote, and other top government and private-sector leaders, focused on strategies to accelerate Imo State’s economic transformation.
Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria
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