EV News
EV News
dnotionData from the Organisation of Petroleum Exporting Countries (OPEC) has disclosed that Nigeria’s average daily crude oil production increased slightly to 1.276 million barrels daily in June. The information is based on data from direct communication with Nigerian authorities. This is an increase of just 25,000 barrels daily from the 1.251 barrels per day…
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dnotionAs carbon emissions reduction and energy security remain a crucial focus in the global sustainability agenda, shared commitment, synergy and decisive actions are the cornerstone of accelerating the transition to cleaner energy and achieving a sustainable environment. Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and land…
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dnotionINTRODUCTION Nigeria has overhauled its nearly half-century-old regime on the administration of withholding tax (WHT) with the signing of the Deduction of Tax at Source (Withholding) Regulations 2024 by the Minister of Finance. The new regulations, effective from 1 July 2024, are part of the reforms being proposed by the Presidential Fiscal Policy and…
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dnotionABUJA – Nigerian National Petroleum Company Ltd (NNPCL), has said that Compressed Natural Gas (CNG) is 40 per cent cheaper than Premium Motor Spirit (PMS) in Nigeria. Managing Director, NNPC Retail Limited, Huub Stokman, revealed this recently while commissioning 12 Compressed Natural Gas (CNG) stations in Lagos and Abuja to reduce the cost of…
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dnotion[mc4wp_form id=33047] The Federal Competition and Consumer Protection Commission (FCCPC) on Thursday said market associations across the 36 states and the Federal Capital Territory are responsible for the persistent hike in the price of food commodities. The Acting Executive Vice Chairman (FCCPC) Dr Adamu Abdullahi, stated this in Abuja during a one-day webinar with…
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dnotionIn line with the Renewed Hope Agenda of President Bola Ahmed Tinubu on Compressed Natural Gas (CNG), Liquified Petroleum Gas (LPG), and other clean cooking methods to address environmental degradation and other effects of climate change, the National Agency for the Great Green Wall (NAGGW) is promoting the use of clean cooking method in…
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dnotionAdoption of Compressed Natural Gas (CNG) initiative of the Federal Government will help to address the continuous high cost of food prices, the Federal Competition and Consumer Protection Commission (FCCPC) says. Some CNG-powered mass transit buses Dr Adamu Abdullahi, the Acting Executive Vice Chairman of FCCPC, said this at the sideline of a one-day…
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dnotionThe Federal Government, on Thursday in Abuja, signed the Compressed Natural Gas (CNG) initiative contract with five companies as part of efforts to drive the economy towards a gas-driven transportation sector and move away from petrol-fueled cars. CNG is used in traditional gasoline or internal combustion engine vehicles that have been modified or in…
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dnotionThe Federal Government, on Thursday, declared that the conversion of petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas is going to be free of charge. It declared this in Abuja after signing agreements with various companies involved in the conversion of petrol and diesel-powered vehicles to operate on CNG. It said…
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dnotionWhy Many Are Taking Up The Offer It has been very difficult for vehicle owners in Nigeria to adjust to the current price of fuel since the federal government removed the fuel subsidy on Petroleum. The removal has had impact on the Nigerian economy and it has also increased the inflation in the country….
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dnotionTesla’s share of the electric vehicle market in the U.S has dipped below a key level, a testament to improved competitor EV offerings. Tesla’s share of US EV sales fell below 50% for the first time, to 49.7%, Cox Automotive reports. Tesla’s declining sales did not affect the overall market as Cox estimates overall…
Continue readingdnotionThe Federal Government, on Thursday, said the conversion of petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas is going to be free of charge. The Programme Director/Chief Executive, Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, disclosed this to journalists after the government agency signed agreements with various companies involved in the…
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