FG establishes 7 CNG conversation centres


The Presidential Compressed Natural Gas, CNG, Initiative Steering Committee, on Friday said seven CNG conversation centres have been established in the country.

FG establishes 7 CNG conversation centres

Chairman of the Committee, Zacch Adedeji, made this known while handing over CNG buses to the State House, Permanent Secretary, Mr Olusesan Adebiyi, at the presidential villa, Abuja.

NAN reports that Mr Adedeji who is the acting Chairman, Federal Inland Revenue Service (FIRS), was represented by Farouk Ahmed, Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority.

He said the establishment of the CNG conversion centres symbolised the commitment of President Bola Tinubu administration to spearhead energy revolution in the country.

Mr Adedeji said more CNG conversion centres would be established across the country.

He said that the effort was a pivotal step in the country’s journey towards a cleaner and economically sound future.

He added that the project was not only about the conversation of vehicles but also creating employment opportunities.

Mr Adedeji disclosed that FIRS would waive Value Added Tax on CNG purchases and seek duty waivers for the value chain.

He said that the aim was to build a sustainable future leveraging the nation’s cheap and clean energy source.

According to him, it also demonstrates Tinubu’s commitment to environmental sustainability and economic growth.

“This CNG buses to be handed over to the State House are the vanguard of a future, where energy is cleaner and more economical,” he added.

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