NIPCO Gas in partnership with NNPCL, will this month unveil four completed autoCNG stations in Lagos as the gas company released prices for its product, aimed at deepening the utilization of indigenous gas nationwide.
According to NIPCO Gas Managing Director, Nagendra Verma, under the current partnership, 35 AutoCNG are planned to be constructed in phased manner adding that location for 19 CNG stations have been identified and have received stage-wise approval from NMDPRA and other statutory authorities.
He said four CNG stations in Lagos are scheduled to be completed in April/May, 2024.
“Under the current government directives, NIPCO Gas has partnered with NNPC for expansion of AutoCNG stations across various states of Nigeria. Partnering with NNPC under directives from the Presidency brings along huge sense of responsibility and commitment towards masses of Nigeria and Government. We are honored with this trust and belief by the Government and NNPC and have assured that we will not leave any stone unturned to make this AutoCNG expansion plan a reality which will relieve thousands and millions of citizens from the pain they are going through presently”, he stated
NIPCO Gas MD, Nagendra Verma
Verma said NIPCO Gas in addition to AutoCNG is also expanding gas transportation pipeline towards Ibadan and gas distribution network in Lekki Free Zone.
“All these projects require huge investment and a high gestation period and once the projects are commissioned, it will help in greater way in deepening the utilization of indigenous gas which still remains under-utilized and reduce dependency on importation of other fossil fuels thereby reducing the pressure on forex .
“Presently, for Cars, Taxis and Keke’s; AutoCNG is being sold at NGN200/scm against the PMS price of NGN610/ltr in Lagos and NGN230/scm against the PMS price of NGN670/ltr in Abuja. Similarly for heavy commercial vehicles; AutoCNG is being sold at NGN260/scm against the AGO price of NGN1250/ltr in Lagos and NGN290/scm against the AGO price of NGN1300/ltr in Abuja”.
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VERMA explained that NIPCO Gas Ltd has been involved in AutoCNG development and expansion since 2009, initially started with Benin City and expanded the AutoCNG network to Ibafo in Ogun State and later-on in Kogi State.
“With the initiatives and clear mandate by current government, AutoCNG network further expanded to Abuja FCT, Ibadan in Oyo State and Oron in Akwa Ibom State. We presently operate 15 AutoCNG stations across Nigeria and CNG vehicles from Lagos can travel up to Abuja and Kaduna by taking CNG from the in-between NIPCO Gas AutoCNG stations. We are sure, soon motorists can travel across every nook and cranny of Nigeria”, he stated
He noted that though gas distribution and AutoCNG projects are highly capital-intensive projects which require huge investment and highest level of commitment and perseverance, but that NIPCO Gas is sure that with the continuous focus and push by the current government, AutoCNG will become the Choice fuel for Nigeria which has the potential to reduce the pressure on importation as well as on Forex.
“AutoCNG is a project for the masses and of National Cause and Importance. We are sure once expanded across Nigeria; will surely and definitely relieve the masses and motorists from high fuel costs. We continuously seek blessing and support of the Government and media to make AutoCNG a Reliever, Cleaner and Greener fuel of Nigeria”, he explained
