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dnotion• Queues return to Abuja amid 12 new CNG stations• Marketers decry low supply from NNPCL• Black marketers hike price to N1000/litre• NNPCL denies owing traders Nigeria may face fresh scarcity of Premium Motor Spirit (PMS) in the coming days as the Nigerian National Petroleum Company (NNPC) Limited allegedly owes traders $6 billion due to subsidies. Already, motorists…
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dnotionThe use of Compressed Natural Gas in automobiles is 40 per cent cheaper than using Premium Motor Spirit, popularly called petrol, the Nigerian National Petroleum Company Limited announced on Thursday. NNPC also announced that 100 CNG stations would be functional nationwide in 12 months, as it simultaneously inaugurated 11 CNG stations across various locations…
Continue readingdnotionToyota Nigeria Limited (TNL) has announced plans to roll out three electric vehicles (EVs) in the next three years as part of its support for the government’s green deal initiative. Managing Director of TNL, Kunle Ade-Ojo, disclosed this while speaking with journalists at the maiden edition of the Toyota Motor Show organised by the…
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dnotionBrussels launched an investigation last year into Chinese manufacturers to probe whether state subsidies unfairly undercut European automakers. Photo: STR / AFP/FileSource: AFP The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of “unfair” state subsidies, despite Beijing’s warnings the move would unleash…
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dnotionThe Nigerian National Petroleum Company Limited has said the drive to bring Compressed Natural Gas closer to Nigerians has commenced and is irreversible. Group Chief Executive Officer of NNPC Ltd, Mele Kyari, said in addition to the massive deployment of CNG stations nationwide, the company and its partners would also build three Liquefied Natural…
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dnotionBYD is China’s dominant electric vehicle maker but is looking to expand overseas. Photo: GREG BAKER / AFPSource: AFP China’s electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV…
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dnotionThe Nigerian National Petroleum Company (NNPC) Limited has inaugurated 12 compressed natural gas (CNG) stations in Lagos and Abuja. The newly-built CNG stations were simultaneously inaugurated on Thursday by Ekperikpe Ekpo, minister of state for petroleum resources (gas). According to the national oil firm, the facilities include six CNG stations in Abuja, constructed through…
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dnotionThe European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of “unfair” state subsidies, despite Beijing’s warnings the move would unleash a trade war. A European Commission probe launched last year concluded that state subsidies for Chinese EV manufacturers were unfairly undercutting European rivals…
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