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Nigeria Adopts Cheaper Gas Alternative in Transport Sector
By Adedapo Adesanya
President Bola Ahmed Tinubu yesterday disclosed plans to roll out 3,000 units of Compressed Natural Gas (CNG) buses to cushion the effect of the fuel subsidy removal on Nigerians.
Mr Tinubu disclosed this in a 20-minute televised broadcast addressing the nation’s state, giving backing to alternative energy sources cheaper than petrol and diesel, which have tripled since the president announced that subsidy was no more as of May 29, 2023.
The president said that the buses would be rolled out across the state and local government in the country for mass transit at a cheaper rate.
While petrol goes for around N560 – N570 per litre and diesel sells for around N680 -N700, CNG will cost around N200 – N250.
According to the president, provision has been made for an investment of N100 billion to acquire the 3,000 units of the 20-seater CNG buses between August 2023 and March 2024.
It would seem that President Tinubu’s plan assumes that CNG will be the alternative mass transit fuel all over the country.
President Tinubu said during the broadcast that, “Part of our programme is to roll out buses across the states and local governments for mass transit at a much more affordable rate. We have made provision to invest N100 billion between now and March 2024 to acquire 3,000 units of 20-seater CNG-fuelled buses.
“These buses will be shared with major transportation companies in the states, using the intensity of travel per capita. Participating transport companies will be able to access credit under this facility at 9 per cent per annum with 60 months repayment period.”
Mr Tinubu reiterated his stance that the subsidy has outlived its usefulness hence what necessitated removal, adding that the removal of the subsidy has saved the country over N1 trillion.
“In a little over two months, we have saved over a trillion naira that would have been squandered on the unproductive fuel subsidy, which only benefitted smugglers and fraudsters. That money will now be used more directly and more beneficially for you and your families.
“Sadly, there was an unavoidable lag between subsidy removal and these plans coming fully online. However, we are swiftly closing the time gap. I plead with you to please have faith in our ability to deliver and in our concern for your well-being.
“We will get out of this turbulence. And, due to the measures we have taken, Nigeria will be better equipped and able to take advantage of the future that awaits her.”
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Dangote Becomes Largest Operator of CNG Trucks With $280m Investment
By Aduragbemi Omiyale
Over $280 million has been invested by Dangote Cement Plc in compressed natural gas (CNG) technology and infrastructure to enhance energy efficiency and drive economic growth in Nigeria.
The cement maker turned to CNG in demonstration of its support for President Bola Tinubu’s drive for cheaper and cleaner fuelling alternatives for all Nigerians.
At a recent event, the President emphasised the urgent need for Nigeria to utilise its vast natural gas resources in the transportation sector.
He stated that CNG transportation is an economic necessity for Nigeria, signalling a significant shift in the country’s approach to public transportation and energy use.
This has spurred Dangote Cement to adopt CNG, reflecting its dedication to mitigating climate change and supporting a transition to a low-carbon economy, making it the largest operator of CNG trucks in the country.
The chief executive of Dangote Group, Mr Aliko Dangote, said his company’s investments in CNG are also in line with Nigeria’s Nationally Determined Contribution (NDC) under the Paris Agreement, which aims for net-zero emissions by 2060.
“In this pursuit of transition to clean energy, we are optimistic of a remarkable accomplishment by President Tinubu, as he has taken the lead in the nation’s drive towards energy efficiency. This presupposes private sector intervention to support this noble idea initiated by the President,” he stated.
The businessman noted that the firm’s early adoption of CNG has made it the largest operator of CNG trucks in Nigeria, emphasising that the initiative is a boost to Mr Tinubu’s quest towards enhancing the nation’s energy independence and contributing to a more secure energy future.
“We are now using CNG vehicles, especially with the new policy of the federal government, launched under the Renewed Hope Agenda by President Tinubu. We are committed to a cleaner and greener future,” Mr Dangote said.
On his part, the chief executive of Dangote Cement, Mr Arvind Pathak, said the cement miller aims to acquire 100 per cent CNG trucks as part of a long-term plan to transition its entire fleet to CNG.
He disclosed that the CNG infrastructure investments have positively influenced Nigeria’s transition to cleaner fuels, adding that the CNG station at Obajana, capable of refuelling over 3,000 trucks, exemplifies this commitment, with a second station currently under development in Ibese to support fleet operations further.
“By mid-2026, Dangote Cement aims to operate a fleet predominantly powered by CNG. To facilitate this transformation, we are investing in expanding our CNG fuelling infrastructure, ensuring that our growing fleet has reliable access to CNG as our fuel,” Mr Pathak said.
He added that plans are afoot to aggressively pursue this timeline of deployment, beginning from the first quarter of 2025, saying, “We are keeping our eyes on the ball to ensure that we do not miss our target dates of full compliance.”
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Lagos Red Rail Line to Begin Full Passenger Operations October 15
By Adedapo Adesanya
The Lagos State Government has announced that the Red Rail line will begin full passenger operations on Tuesday, October 15, 2024.
This was disclosed by the Managing Director of the Lagos Metropolitan Area Transport Authority (LAMATA), Mrs Abimbola Akinajo.
“Full passenger operations on the Lagos Rail Mass Transit (LRMT) Red Line will commence on Tuesday, October 15, 2024, Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo affirmed today,” a public notice from the agency read.
According to LAMATA, Governor Babajide Sanwo-Olu, members of his executive council, and other dignitaries will launch the passenger operations and ride with commuters on the first fee-paying passenger trip.
Mrs Akinajo said that train services would commence daily from Agbado at 6.00 am.
“Before now, trips have emanated from Oyingbo at 9.00 am. The first train therefore got to Agbado at 10.07 am. The adjusted timetable foreshadows upcoming commercial passenger operations commencing on Tuesday, 15th October 2024,” the agency said.
He explained that the new timetable was the outcome of data gathered through the series of tests, including that for the non-fee-paying passengers. According to him, the new timetable gives priority to the origin trips from Agbado where riders live and work at Ikeja, Oshodi, and Lagos Island.
“For passengers whose journeys terminate on Lagos Island, buses will be available at Oyingo bus terminal for them to complete their journeys,” LAMATA said.
“It would be recalled that infrastructure for the Red Line was commissioned by President Bola Ahmed Tinubu on 29th February 2024. The Red Line’s first phase spanning 27 kilometres has eight stations at Oyingbo, Yaba, Mushin, Oshodi, Ikeja, Agege, lju, and Agbado.”
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FRSC to Announce New Rates for Driver’s Licence, Number Plates
By Modupe Gbadeyanka
The Federal Road Safety Corps (FRSC) has said it would update members of the public on the new rates for driver’s licences and number plates.
On Wednesday, the agency, through its social media platforms, released a revised rate for the items, attributing the increase to the Joint Tax Board (JTB).
However, after removing the information from its platform, it issued a rejoinder, claiming the image of the JTB was added to the notice “in error.”
In the now-deleted flyer, the road safety organisation said from November 1, 2024, to obtain a 3-year motor vehicle driver’s licence, applicants will pay N15,000, while the 5-year licence will cost N21,000.
As for the 3-year motorcycle and tricycle driver’s licence, it will now be N7,000 and N11,000 for the 5-year licence.
It also said the standard private vehicle number plate will cost N30.000, the standard commercial vehicle number plate will also be N30,000, while the fancy vehicle number plate will cost N400,000.
In addition, the motorcycle number plate will be N12,000, the articulated vehicle number plate will be N90,000, the deal motor vehicle number plate will be N100,000, the government fancy motor vehicle number plate will be N120,000, the government standard number plate will be N80,000, the government fancy motorcycle number plate is N50,000, and the government standard motorcycle number plate will beN20,000.
But in its rejoinder signed by its Assistant Corps Marshal for Corps Public Education Officer, Mr Olusegun Ogungbemide, on Thursday, the agency said, “Recall a flyer earlier released on revised rates for number plates and driver’s licence bearing JTB logo, which was earlier released on FRSC social media page, the corps wishes to inform the general public to disregard the content of the flyer, particularly as it relates to the JTB logo, which was added in error.
“Further information on the revised rates will be made available to the public in due course. The Corps regrets any inconveniences caused by the release.”
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