The presidential Compressed Natural Gas (CNG) Initiative Steering Committee has said on Friday said 7 CNG conversation centres have been established in the country.
Mr Zacch Adedeji,the Chairman of the Committee, made this known during the launch of the much awaited CNG initiative with the handing over of 2 CNG buses to the State House, Permanent Secretary, Mr Olusesan Adebiyi, at the presidential villa, Abuja.
Adedeji, who is also the acting Chairman, Federal Inland Revenue Service (FIRS), was represented by Mr Farouk Ahmed, Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)
He said the establishment of the CNG conversion centres symbolised the commitment of President Bola Tinubu administration to spearhead energy revolution in the country.
Adedeji said more CNG conversion centres would be established across the country, adding that the effort was a pivotal step in the country’s journey towards a cleaner and economically sound future.
He added that the project was not only about the conversation of vehicles but also creating employment opportunities.
According to him, FIRS would waive Value Added Tax on CNG purchases and seek duty waivers for the value chain.
He said that the aim was to build a sustainable future leveraging the nation’s cheap and clean energy source.
According to him, it also demonstrates Tinubu’s commitment to environmental sustainability and economic growth.
He said, “This CNG buses to be handed over to the State House are the vanguard of a future, where energy is cleaner and more economical.’’
Adedeji appreciated the President for his support and to all those who played a part in the project.
He said, “I’m pleased to announce that there are currently seven conversion centres in Nigeria and the government is actively working to establish more of them. These plans will be rolled out, starting this afternoon, by the initiative.
“This project is not only about conversion of vehicles but also about generating employment opportunities. It demonstrates President Bola Tinubu’s commitment to both environmental sustainability and economic growth.
“Moreover, it is my pleasure as your Chief Tax Officer, a position I hold alongside as Chairman of this initiative, to announce that we will be waiving the Value Added Tax on CNG purchases as well as seeking duty waivers for value-chain.
“The goal is to build a sustainable future, leveraging our own cheap and clean energy source; gas
.’’