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  • dnotiondnotion
  • July 5, 2024
  • 3 minutes Read
NNPC To Build Three LNG Stations, 100 CNG Sites

The Group Chief Executive Officer (CEO) of NNPC Limited, Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible. Kyari, who disclosed this on Thursday during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos, said in addition to…

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  • dnotiondnotion
  • July 5, 2024
  • 3 minutes Read
Forensic Audit of N30 Trillion Buhari Loans Ongoing – Finance Minister

On Wednesday, the Minister of Finance and Coordinating Minister for the Economy, Dr. Wale Edun, informed Senators about the Federal Government’s advancements in its forensic investigation of the N30 trillion Ways and Means loans provided by the Central Bank of Nigeria (CBN) to the previous administration. Dr. Edun, alongside the Accountant General of the…

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  • dnotiondnotion
  • July 5, 2024
  • 4 minutes Read
NNPC, NIPCO commission 12 CNG stations in FCT, Lagos

The Nigerian National Petroleum Company Limited, NNPC, in partnership with NIPCO Gas Limited, on Thursday, commissioned 12 Compressed Natural Gas (CNG) stations in the country. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, commissioned the stations in Abuja and Lagos State. Nigerian Tribune reports that the stations commissioned in Abuja are located…

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  • dnotiondnotion
  • July 5, 2024
  • 3 minutes Read
NNPCL denies $6b debt as fuel queues resurface

• 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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  • dnotiondnotion
  • July 5, 2024
  • 4 minutes Read
CNG 40% cheaper than petrol, 100 stations coming – NNPC

The 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…

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  • dnotiondnotion
  • July 5, 2024
  • 3 minutes Read
TNL commits to green initiative, plans three EVs

Toyota 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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  • dnotiondnotion
  • July 5, 2024
  • 5 minutes Read
EU slaps Chinese electric cars with tariffs of up to 38%

Brussels 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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  • dnotiondnotion
  • July 5, 2024
  • 2 minutes Read
NNPC plans three LNG stations, 100 CNG sites nationwide

The 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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  • dnotiondnotion
  • July 5, 2024
  • 4 minutes Read
China's BYD opens EV plant in Thailand despite slowdown, tariff row

BYD 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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  • dnotiondnotion
  • July 5, 2024
  • 2 minutes Read
NNPC inaugurates 12 CNG stations in Abuja, Lagos | TheCable

The 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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  • dnotiondnotion
  • July 5, 2024
  • 4 minutes Read
EU slaps Chinese electric cars with 38% tariffs

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 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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  • dnotiondnotion
  • July 4, 2024
  • 3 minutes Read
Nigeria’s CNG Journey Has Commenced, Irreversible-Kyari

The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible. Kyari, disclosed this on Thursday during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos, adding that, in addition to the…

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