Nigeria Expands Presidential Initiative on Compressed Natural Gas to Include Electric Vehicles
President Bola Tinubu has approved the expansion of the Presidential Initiative on Compressed Natural Gas (PiCNG) to incorporate electric vehicles, renaming it the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (PiCNG & EV). The initiative aims to lead Nigeria's clean mobility strategy, facilitating the deployment of vehicle conversion kits and expanding CNG infrastructure. It will collaborate with financial partners for cost-effective financing and accelerate the rollout of Mobile Refuelling Units (MRUs).
Theia Market Signal Identification - AI Assisted
President Bola Tinubu has expanded the Presidential Initiative on Compressed Natural Gas (PiCNG) to include electric vehicles, now named the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (PiCNG & EV). This initiative will coordinate Nigeria's clean mobility strategy, focusing on gas-driven and electric vehicles.
It aims to deploy vehicle conversion kits nationwide, ensuring accessibility at affordable costs, in collaboration with CreditCorp Nigeria and financial institutions. The initiative will also enhance CNG infrastructure, including refuelling units, and accelerate the deployment of Mobile Refuelling Units (MRUs) to expand CNG access.
Comments