Connect with us

BIG STORY

NNPC, NIPCO Partner To Construct 35 CNG Stations Nationwide

Published

on

Nigerian National Petroleum Company (NNPC) Limited has announced a collaboration with NIPCO Gas Limited to build 35 compressed natural gas (CNG) stations across the country.

CNG is a fuel that can replace petrol, diesel and liquefied petroleum gas (LPG). It is found in traditional petrol/internal combustion engine autos as well as specially designed vehicles.

According to Garba Deen Muhammad, NNPC’s spokeswoman, the cooperation intends to deliver cheaper alternative gasoline to Nigerian motorists in accordance with President Bola Tinubu’s directive.

“As part of the Nigerian National Petroleum Company (NNPC) Limited’s commitment to providing cheaper alternative fuel to motorists, the company is happy to announce a strategic partnership with NIPCO Gas Limited to deploy compressed natural gas (CNG) stations across the country,” the statement reads.

“This landmark collaboration aims to expand our CNG infrastructure, improve access to CNG, and accelerate the adoption of cheaper and cleaner alternative fuel for buses, cars, and Keke NAPEP, which will significantly reduce the cost of transportation and engender sustainable national economic growth.”

Muhammad said under the NNPC-NIPCO strategic partnership, 35 state-of-the-art CNG stations will be constructed nationwide, including three mother stations.

The NNPC spokesperson said the project would be rolled out in phases.

“Once fully operational, the stations can service over 200,000 vehicles daily, thereby significantly reducing the cost of automobile fuel for Nigerians and the cost of transportation,” he said.

“The first phase, comprising 21 CNG stations, will support intra-city transportation and be ready by the first quarter of 2024; while the second phase, comprising 35 CNG stations, will support inter-city transformation and will be ready by late 2024. This will be further complemented by an additional 56 stations to be deployed by NNPC Retail across the country.

“This initiative will leverage Nigeria’s abundant natural gas resources to bring multiple benefits to Nigerians, including access to cheaper fuel, reduced cost of transportation, reduced carbon emissions, create new business value chains and streams of job opportunities.”

According to the statement, NIPCO Gas Limited is currently operating 14 CNG stations across Nigeria and has converted over 7,000 vehicles to run on CNG.

The national oil firm added that NIPCO’s technical competency and field experience will bolster the initiative’s success and amplify its positive impact on the nation’s economy.

On Tuesday, in a nationwide broadcast, President Tinubu said his administration has made provision to invest N100 billion between now and March 2024 to acquire 3,000 units of 20-seater buses powered by compressed natural gas (CNG).

BIG STORY

FG Inaugurates Port Harcourt-Aba Train Service, Declares Four Days Free Ride

Published

on

The Port Harcourt-Aba train service, spanning 62 kilometres, has been launched by the federal government.

To promote and increase the use of the rail service, FG also announced a 4-day free train ride from May 1-4.

It is anticipated that commercial services will begin on May 7.

Transportation is one of President Bola Tinubu’s eight top priorities, according to a statement released by the federal ministry of transportation on Tuesday. As a result, the minister has directed his attention on the eastern rail corridor project since entering office.

Alkali said the commencement of the train service is part of the intensified drive by FG to facilitate trade, enhance mobility, and accessibility, as well as ensure connectivity between regions.

“With the completion of the rehabilitation of the Port-Harcourt to Aba rail corridor, the Ministry will continue to vigorously drive the contractor Messrs CCECC towards the speedy completion and delivery of the 181 kilometres Aba-Enugu stretch,” Alkali said.

“The fare for the Port-Harcourt to Aba train service has been pegged at #1000 for VIP & #800 for economy class.”

Fidet Okhiria, the managing director of the Nigeria Railway Corporation (NRC), said the locomotives and coaches used for the flag-off are refurbished ones.

Okhiria said the contractor is expected to deliver 50 narrow gauge locomotives and 100 narrow gauge coaches to be deployed along existing train corridors in the country.

On March 2, FG said the train services would commence by the end of March.

However, on March 29, the launch was postponed to April.

The rail line is a section of the Port Harcourt-Maiduguri railroad project initiated by former President Muhammadu Buhari’s administration.

Continue Reading

BIG STORY

FG’s 35% Pay Rise Mischievous, Living Wage Should Be N615k — NLC President Ajaero

Published

on

President of the Nigeria Labour Congress (NLC), Joe Ajaero says the federal government’s announcement of a pay rise for civil servants is mischievous.

The federal government, on Tuesday, approved a pay rise of between 25 and 35 percent for civil servants across various consolidated salary structures.

Ajaero, speaking on Wednesday during an interview on Sunrise Daily, a Channels Television programme, said the last minimum wage of N30,000 expired on April 18.

“We should be in the regime of new minimum wage as of today. Discussions were supposed to have been concluded,” Ajaero said.

“The federal government through the national assembly legislated on it. But we saw that the discussion entered voice mail because the federal government refused to reconvene the meeting that was adjourned.

“I think the announcement now appears mischievous because there is no wage increase that government is announcing. For them to announce it now, it is an issue that we are worried about at the NLC and even at the TUC.”

  • Breakdown Of Living Wage

Ajaero further said organised labour has agreed on N615,000 as the living wage for civil servants.

“Living wage is such that will, at least keep you alive. It is not a wage that will make you poor and poorer. It is not a wage that will make you borrow to go to work. It is not a wage that will lead you to be in the hospital everyday because of malnutrition. For that living wage, we have tried to look at N615, 000,” he added.

“Let me give you a breakdown of how we arrived at that figure. We have housing and accommodation of N40,000. We asked for electricity of N20,000 — of course that was before the current tariff increase. Nobody can spend this amount currently. We have utility that is about N10,000. We looked at kerosene and gas that is about N25,000 to N35,000.

“We looked at food for a family of six, that is about N9,000 in a day. For 30 days, that is about N270,000. Look at medical, N50,000 provided there will be no surgery or whatever.

“For clothing, we looked at N20,000. For education, N50,000. I don’t know for those who tried to put their children in private school, they will not be able to cope with this amount. We also have sanitation of N10,000.

“I think where we have another bulk of the money is transportation. This is because the workers stay in the fringes and because of the cost of PMS, that amounted to N110,000.

“That brought the whole living wage to N615,000 and I want anyone to subject this to further investigation and find out whether there will be any savings when you pay somebody on this rate.”

Continue Reading

BIG STORY

$600m Investment: FG, Maersk Didn’t Seal Any Deal — Bayo Onanuga

Published

on

Special adviser on information and strategy to President Bola Tinubu, Bayo Onanuga, says no agreement or deal was signed between the Nigerian government and the shipping giant, Maersk.

According to The Cable, Onanuga, on Tuesday, said there was only talk “of possible investment in Nigeria” by Maersk.

Following the meeting between President Tinubu and Robert Maersk Uggla on April 28, the presidency declared in a statement that the shipping business had committed to investing $600 million in Nigeria’s seaport sector.

“Danish shipping company, A.P Moller-Maersk plans $600m investment in Nigeria. Danish shipping and logistics company A.P Moller-Maersk has disclosed a planned investment of $600 million in Nigeria to accommodate more container shipping services in Nigerian ports,” Onanuga wrote on X.

It was gathered that the presidential aide’s social media post has been deleted, Maersk officials have confirmed that no such agreement is in place and no deals have been signed.

When contacted, Onanuga confirmed that no agreement on investment had been reached by the two parties.

“I think the statement issued by Maersk did not talk about a deal. There was no deal according to that statement that I read. However, there was talk of investment,” the special adviser said.

“No document or agreement was signed, so there was no deal. But there was talk of a possible investment in the country.

“So, go and read the statement again. They never said any deal was signed between the Nigerian government and the Dutch company. There was nothing like that.”

Citing Maersk’s statement, Onanuga said the company was unable to comment on investment talks, stressing that it did not expressly deny that there was an investment talk.

He said people are “unnecessarily giddy over nothing”.

Continue Reading

Most Popular