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Status Update on the Presidential CNG Initiative

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By Engr Michael Oluwagbemi

Following recent media reports, we find it necessary to address certain misinformation regarding the Presidential CNG Initiative.

As a response to the high cost of petrol and the attendant rise in the cost of transportation, following the removal of fuel subsidy, President Bola Tinubu launched the Presidential CNG Initiative to provide a cheaper and cleaner energy source for Nigerians.

Since the launch of this ground-breaking initiative, the response has been positive as Nigerians are embracing and converting their petrol-powered vehicles to CNG-enabled vehicles – with over 60% reduction in the amount of money they spend on fuel.

To date, over 100,000 vehicles have been converted from petrol to CNG/bi-fuel-powered, and more conversion centres are being established across the country. In addition, investors are ramping up the development and deployment of CNG infrastructure, with over $200 million already invested across the value chain. Thousands of new jobs and economic opportunities are opening up along the line.

Going by the level of progress being made as regards the adoption and deployment of CNG infrastructure, we are concerned over certain instances of misinformation against this epochal initiative by a section of the media.

For instance, the October 31, 2024 editorial of the Punch Newspaper did not give a rational and fair assessment of the CNG initiative.

It is surprising how the choice of petrol, for which Nigeria spent about $10 billion annually on subsidy, and CNG which has the potential to save the nation $3 billion while adding $2 billion revenue to the national purse in the next three to four years, is an issue of toxic debate.

First, one of the issues raised against the CNG initiative and its implementation by The Punch is ease of conversion. We see this as an opportunity rather than a challenge, and we are already deepening the development of CNG infrastructure with our partners. However, the number of conversion centres has risen from seven in 2023 to more than 140 across the country, and certainly not 50 centres as claimed by The Punch. Facts are sacred. We believe the sacrosanctity of facts is not lost on The Punch, but to claim or assert without veracity and evidence is an obvious attempt at mischief.

In addition, more than 2,000 Nigerians have been employed in these conversion centres, with more jobs in the offing as CNG penetration ratchets up. In the past year, the private sector invested over 2 billion naira to establish these conversion centres, and another 6 to 10 billion naira will go into setting up more centres to meet the targeted 1,000 centres required to transform the nation’s energy dynamics.

Second, there is no cost of conversion for commercial vehicles in Nigeria. It is FREE under the President’s Conversion Incentive Programme. The programme seeks to convert one million commercial vehicles to CNG/bi-fuel in the next three years.

This is verifiable information as the National Union of Road Transport Workers (NURTW), whose members have benefitted recently issued statements acknowledging this fact.

The Punch also got it wrong with its “conversion explosion” slant in Edo State. It is important to emphasise that the explosion in Edo State happened because of substandard, uncertified, and poorly fabricated CNG cylinders, which exploded during an attempt to refill (not convert) at a station.

It is equally important to reiterate that CNG is safe and cleaner to use. It is lighter and eight times less explosive than diesel and eighteen times less explosive than petrol. It is also more readily available and a more sustainable alternative for Nigeria’s energy security.

With one million vehicles running on CNG, overall demand annually will be 220 million standard cubic feet of gas a day, or 2.75% of our current daily gas production, of which only 16% is consumed locally.

CNG distribution is also picking up with 75 new daughter stations under construction across the country, and additional containerized and mobile refuelling units are being set up by the private sector working closely with regulators. Mother station investments have totalled over $175 million in the past one year, with 65 new licences issued.

Lastly, CNG conversion kits are suitable for older vehicles. The experience in Egypt, India, and Iran shows that old vehicles operate better and more efficiently on CNG than they would on petrol. Open loop non-sequential conversion kits exist for aged vehicles, and the PCNGI has succeeded in Lagos in fitting several old yellow buses with the kits – with videos of the beneficiaries to show.

The claim that the government is not leading by example on CNG is false. On the contrary, the conversion programme started with government institutions like the Nigerian Army and the Nigeria Police –  through the Police Trust Fund. The programme has now expanded to other MDAs like the Federal Road Maintenance Agency, the Ministry of Finance, and even the Federal Inland Revenue Service, as well as the PCNGI leadership team. More MDAs are signing up to the use of CNG for their vehicles. In addition, the federal government had already issued clear directives that only CNG-enabled vehicles should be purchased by government agencies. President Tinubu also directed that only such vehicles are to be approved by the Federal Executive Council.

Nevertheless, The Punch’s suggestion in its editorial that banks can fund the conversion to CNG for Nigerians who want to convert their vehicles is welcomed.

The Tinubu administration is already partnering banks and other financial institutions through the Credit Corp Credit Access for Light and Mobility (CALM) programme. Through this credit system, civil servants and employees in the organised private sector can access loan to convert their vehicles from PMS to CNG/PMS Bi-Fuel.

We recognise the indispensable role of the media in holding the government accountable and in keeping citizens informed. However, this role must be discharged with utmost responsibility and fidelity to truth, peace, and the collective well-being of the people. We are open and willing to work with the media to advance the advantages of the CNG initiative to the benefit of all Nigerians.

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NNPP Disowns Planned Protest Against INEC

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By Omoniyi David

The New Nigeria Peoples Party (NNPP) has disowned a planned protest against the Independent National Electoral Commission (INEC) scheduled for Tuesday, January 20, 2026, in Abuja and other parts of the country.

In a statement issued Monday from its National Secretariat in Abuja, the party said reports linking it to the proposed protest were false, describing the planned demonstration as illegal.

The statement, signed by the NNPP National Publicity Secretary, Ladipo Johnson, said the organisers of the protest were impostors and not members of the party.

The NNPP cited a Federal High Court judgment delivered on April 18, 2024, in Suit No. FHC/ABJ/CS/1354/2024, in which Justice Emeka Nwite upheld the expulsion of the individuals involved.

The party urged the public and security agencies to disregard any attempt to associate it with the protest, reaffirming its commitment to lawful and democratic engagement.

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2025 Awards Night: ACCI Spotlights Business Excellence, International Collaboration

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By Ade Iyamoye 

The Abuja Chamber of Commerce and Industry (ACCI), on Tuesday celebrated outstanding contributions to enterprise development and international cooperation at its 2025 Awards and Dinner Night, with a renewed commitment to building a resilient, globally competitive business community.

Speaking at the event held at the Prince Adetokunbo Kayode SAN Trade and Convention Centre, ACCI President, Chief Emeka Obegolu, SAN, PhD, said the awards night was a moment of appreciation for businesses and individuals whose innovation, perseverance and investments continue to drive Nigeria’s economy.

Obegolu said the Chamber had made “meaningful progress” over the past year in line with its vision to strengthen infrastructure, facilitate trade, build capacity, professionalise the Secretariat, expand global partnerships and reposition the ACCI brand.

He highlighted the ACCI Business, Entrepreneurship, Skills and Training (BEST), Centre as a key intervention aimed at skills development and entrepreneurship, preparing members and young Nigerians to compete locally and globally.

According to him, ongoing projects around the Chamber are designed to create a sustainable commercial ecosystem and long-term value for members.

The ACCI president also underscored the importance of engagement with government institutions, development partners and the diplomatic community, noting that such collaborations have enhanced the Chamber’s credibility and positioned it as a vital platform for dialogue.

“The presence of ambassadors and members of the diplomatic corps here tonight underscores the growing international interest in Abuja as a business destination,” Obegolu said, adding that business, beyond profits and policies, is ultimately about people.

He reaffirmed ACCI’s commitment to delivering value to members, growing its membership base and attracting investment that will contribute to Nigeria’s economic growth and global competitiveness.

On his part, the Brazil’s Ambassador to Nigeria, Carlos Garcete, commended ACCI for its role in deepening bilateral trade and cultural relations between Brazil and Nigeria, describing 2025 as a “remarkable year” for relations between both countries.

Garcete cited multiple high-level exchanges, including visits by President Bola Tinubu to Brazil for the G20, BRICS and a state visit, reciprocal visits by ministers and vice presidents of both countries, and Nigeria’s participation in COP30.

He particularly praised ACCI’s instrumental role in the Brazilian trade mission led by ApexBrasil, which brought over 40 Brazilian companies and more than 60 business leaders to Nigeria, the largest standalone Brazilian business delegation to the country.

Receiving the ACCI Award for Promotion of Cultural and Economic Exchange on behalf of the Brazilian Government, Garcete described the honour as both recognition and a call to sustain strong cooperation, expressing optimism for deeper collaboration in 2026.

The event brought together captains of industry, diplomats, partners and stakeholders for networking and celebration, reinforcing ACCI’s role as a bridge between Nigerian enterprise and the global business community.

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Again, Four Rice Farmers Abducted in Kwara

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By Huldah Shado

Terrorists abducted four rice farmers in Bokungi Village, Edu LGA, Kwara State, on Wednesday evening, local sources confirmed.

The victims were attacked while harvesting rice, less than 24 hours after gunmen targeted a church in Eruku, Ekiti LGA.

Residents said the armed men forced the farmers into nearby bush before moving them to an unknown location.

Community members warned that growing insecurity is driving farming settlements to near desertion, as farmers avoid working in vulnerable areas.

The Kwara State Police Command has yet to comment.

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