50,000 Vehicles Converted as CNG Investments Hit $500m

Compressed Natural Gas Sector Attracts $500M Investment, Creates 10,000+ Jobs » News.ng

Nigeria’s compressed natural gas (CNG) sector has witnessed substantial investment inflows exceeding $500 million and has generated more than 10,000 direct employment opportunities, according to data from the Presidential Compressed Natural Gas Initiative (P-CNGI).  The initiative reports that 255 conversion facilities have been established this year, alongside 53 distribution stations now operational nationwide. Michael Oluwagbemi, who serves a…

CNG: 50,000 Vehicles Converted, Investments Hit $500m – FG - Economic Confidential

Federal Government, has revealed that Nigeria’s push towards alternative transportation fuels has attracted over $500m in investments and converted more than 50,000 vehicles to run on Compressed Natural Gas within its first year.

175 new CNG stations coming, says Pi-CNG boss

Executive Secretary of the Presidential Initiative on Compressed Natural Gas (Pi-CNG), Michael Oluwagbemi, has said investors are currently developing 175 new CNG stations nationwide. Oluwagbemi said the incoming stations areThe post 175 new CNG stations coming, says Pi-CNG boss appeared first on The Nation Newspaper.

50,000 convert to Gas within a year, as CNG hit $500m

By, Emeka Echewodor There are indications that Nigerians love CNG, and the programme is working. With over 50,000 converted vehicles on Nigerian roads, and projections to hit 100,000 soon, it is expected that CNG station queues will grow due to the unprecedented rise in demand In one year, the CNG sector has attracted over $500m ...

Nigeria: P-CNGI confirms $500m investments through CNG

WorldStage Newsonline– The Presidential Compressed Natural Gas Initiative (P-CNGI) says the CNG sector has attracted over 500 million dollars investments and created over 10,000 direct jobs. The P-CNGI said that 255 new conversion centers that did not exist in 2024 and 53 daughter stations existed currently. Mr Michael Oluwagbemi, Programme Director/Chief Executive Officer, P-CNGI on Monday emphasised that Nigeria is making progress in expandin…

175 New CNG Stations Underway Nationwide – PCNGI Boss - TV360 Nigeria

The Chief Executive of the Presidential Compressed Natural Gas Initiative (PCNGI), Engineer Michael Oluwagbemi, has announced the development of 175 new CNG stations across Nigeria, as the country accelerates its shift towards cleaner and more affordable transportation fuels. In a press statement released on Sunday, Oluwagbemi revealed that the ongoing infrastructure expansion is in addition to the 53 operational daughter stations and follows ov…