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FG launches pilot CNG conversion centre in Lagos



The presidential compressed natural gas initiative (PCNGI) has inaugurated a CNG vehicle pilot conversion centre as part of the federal government’s effort to curtail the petrol subsidy removal effect.

Speaking at the inauguration of the FEMADAC station, located in Lekki-Epe, Lagos state, on Saturday, Micheal Oluwagbemi, chief executive officer (CEO) of PCNGI, described the step as a significant development.

According to a NAN report, Oluwagbemi said the CNG centre would bring a more environmentally sustainable and economically viable future for Nigeria.

He said the event was of immense significance for Nigerians and the global movement towards responsible energy choices.

“Today (Saturday), as we officially open the Lagos Conversion Centre, we go beyond the inauguration of a facility; we extend a hand to a greener, more sustainable, and affordable future,” Oluwagbemi said.

“We are not just changing how we fuel our vehicles; we are changing lives, one job at a time.

“The commissioning of the first of Lagos PCNGI Pilot Conversion Centres is historic, as it is the first of many such facilities planned under the PCNGI initiative.”

The engineer said that the initiative represents Nigeria’s commitment to transitioning to cleaner and more affordable energy solutions.

The conversion centre, he said, was not only a symbol of Nigeria’s dedication to environmental responsibility but also a beacon of hope for its citizens.

He said the initiative would create jobs and greener opportunities.

“More than 1,000 of such centres are planned nationwide in the next few years, with 55,000 conversions planned under the Palliative Program that have kicked off, designed to reduce the cost of transportation, especially mass transit for poor Nigerians,” Oluwagbemi said.

“This works by collaborating with private sector is to expand the conversion centre network of Nigeria from seven to at least 70, while creating over 2,000 jobs converting vehicles from PMS to CNG Bifuel that runs cheaper, cleaner and better.

“By embracing Compressed Natural Gas (CNG) technology, the initiative addresses the twin challenges of sustainability and fiscal responsibility, which have become integral in the modern world.

“This initiative aligns with President Bola Tinubu’s commitment to easing the impact of fuel subsidy removal on Nigerians by reducing energy costs.”

He said the conversion of vehicles to CNG is not just a transition to cleaner energy; it is a promise to generate employment opportunities and stimulate economic growth.


5 tips to celebrate a low-budget Christmas




December is here again, but things are three times more expensive than they used to be, if you squander your money in December, January is going to be a long month for you.

There are ways to have fun and still not overspend and here are some ways to make that effective;

One of the easiest ways to avoid overspending during the holiday season is to eat before heading out. Going out on an empty stomach can lead to impulse spending on food and drinks.

By ensuring you’re well-fed before leaving home, you can focus on enjoying the company of friends and family without succumbing to the temptation of unnecessary expenses.

Sharing the holiday spirit is not only joyful but can also be cost-effective. Going out in groups allows you to split bills and transportation costs.

Coordinate with friends or family members to plan group outings, ensuring everyone contributes something. This way, the financial burden is distributed, making it a win-win situation for everyone involved.

Transportation expenses can quickly add up during the holiday season. Instead of venturing too far from home for entertainment, explore local options within your neighborhood.

Whether it’s a community event, a local park, or a neighbor’s holiday gathering, staying close to home can save you money on transportation and make December a month that doesn’t empty your savings.

The allure of Christmas giveaways and promotions can be tempting, but it’s essential to separate wants from needs.

Before making a purchase, ask yourself if the item is genuinely necessary. If it’s something you won’t use or need in January and beyond, resist the urge to buy, even if it’s on sale. A discount is not a justification for unnecessary spending.

The holiday season often comes with invitations to various events and shows. While it’s natural to want to participate in everything, it’s crucial to prioritize your budget.

If you don’t have the financial means to attend certain shows or events, learn to say no.

Be unapologetic about setting boundaries that align with your budgetary constraints. Your financial well-being in January will thank you for it.

Celebrating Christmas on a budget doesn’t mean sacrificing joy and merriment. By adopting these practical tips, you can navigate the holiday season without overspending, ensuring that January doesn’t become a financially challenging month.

Embrace the true spirit of the season by focusing on meaningful experiences and cherished moments with loved ones.

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NNPC signs two gas deals at COP28




NNPC Limited says it has signed two gas deals at COP28. The deal covers a floating liquefied natural gas deal and a small-scale LNG deal at the ongoing COP28 in Dubai.

According to the company, the deal is both for Domestic, and International Markets.

There is an Agreement on 421 Tonnes Per Day Small-Scale LNG Project in Ajaokuta and MoU on Floating LNG.

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Nigeria and Kuwait sign agreement for commencement of direct flights




Festus Keyamo, minister of aviation and aerospace development, says the country has signed a bilateral air services agreement (BASA) with Kuwait.

BASA is an air transport agreement between two countries that allows designated airlines to operate commercial flights, covering transportation of passengers and cargoes.

The minister, in a post on Tuesday on ‘X’, said the agreement was signed at the ongoing international civil aviation negotiation (ICAN) event organised by the International Civil Aviation Organisation (ICAO), in Riyadh, Saudi Arabia.

He said the agreement would facilitate the commencement of direct flights (passengers and cargo) between both countries.

“Earlier today, at the ongoing International Civil Aviation Negotiation (ICAN) event of the International Civil Aviation Organization (ICAO) holding in Riyadh, Saudi Arabia, I signed the legal Instrument of Bilateral Air Services Agreement (BASA) on behalf of Nigeria with the State of Kuwait, for the commencement of direct flights (passengers and cargo) between both countries,” he said.

“This will boost trade, tourism and economic relations between both countries.

“My team and I will continue the negotiations of different routes with different countries that are present here for this annual event of ICAO till later in the week.”

On September 7, 2023, the federal executive council (FEC) approved the signing of the agreement between both countries.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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