NIPCO executives are met by President Tinubu, who suggests investments in the CN

NIPCO executives are met by President Tinubu, who suggests investments in the CNG sector.
 
At a meeting with NIPCO officials at State House in Abuja, President Bola Tinubu expressed gratitude for the company's investment in Nigeria's compressed natural gas (CNG) industry.
 
The President praised NIPCO's support of the Presidential Compressed Natural Gas Initiative (PCNGI) and its contributions to the country's energy transition initiatives.
 
President Tinubu recognized NIPCO's contribution to the growth of CNG as an alternative fuel at the meeting, pointing out that these investments complement his administration's energy security and economic diversification agenda.
 
He underlined how crucial public-private partnerships are to accelerating Nigerians' shift to greener and more reasonably priced energy options.
 
The President praised NIPCO's initiatives to support and promote Even before the Presidential CNG Initiative officially began, the "Switch to CNG" campaign played a significant role in raising public awareness and offering reasonably priced CNG conversion kits.
 
He emphasized how important this project is to lowering the country's dependency on gasoline and lowering consumer fuel prices.
 
CNG lowers the carbon impact and saves consumers a lot of money on fuel because it is more economical and cleaner.
 
Drivers in Nigeria can purchase gasoline for N1,000 per litre or N200 per standard cubic meter. Additionally, we have provided free incentives for commercial drivers to switch from gasoline to gas, President Tinubu stated.
 
President Tinubu reiterated his administration's dedication to fostering private sector investment and growing Nigeria's CNG industry infrastructure to boost economic expansion and energy efficiency.
 
He also urged NIPCO to support the government's larger energy-related objectives while maintaining its creative approach to CNG expansion.
 
The delegation's leader, Mr. Ramesh Kasangra of NIPCO, expressed gratitude to President Tinubu for his unwavering support of the CNG industry.
 
In order to keep Nigeria's energy transition on course, he reaffirmed NIPCO's commitment to strengthening its collaboration with the government.
 
He gave the president his word that the business was prepared to undertake infrastructural investments to increase the availability of CNG across the country.
 
He claims that NIPCO has been a major force in several Nigerian industries for more than 40 years and would keep having faith in the country in the long run.
 


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