By Sunday Etuka, Abuja
Chinese Company, Wen Advisor, has sought partnership with the Federal Government for the supply of Compressed Natural Gas-powered vehicles.
This was disclosed in a statement issued on Wednesday by the Personal Assistant on Media to the Permanent Secretary, Federal Ministry of Petroleum Resources, Mr John Ameh.
The firm’s desire to invest in the project was following the President Bola Tinubu’s directive on mandatory procurement of Compressed Natural Gas (CNG-powered) vehicles by all government institutions.
In a bid to implement President Tinubu’s directive, the Permanent Secretary of the Federal Ministry of Petroleum, Amb. Nicholas Agbo Ella, recently met with officials of a Chinese company in Abuja.
Amb. Ella said, the investment opportunities in the use of the natural gas industry are enormous in Nigeria.
He explained that the President’s policy on gas infrastructure development tallies with global best practices in the use of cleaner energy for environmental sustainability.
Speaking at the meeting, the Director of Upstream Department at the ministry, Engr Kamoru Busari, expressed the government’s readiness to provide an enabling environment for investment to thrive.
Earlier, the Managing Director of Wen Advisor, Haikuo Weng, said he was in Nigeria with his team to explore possible areas of investment in the CNG-powered vehicles project.
Mr Weng explained that to develop a CNG gap pump station, it was necessary to ascertain whether local buses in Nigeria currently use liquefied natural gas (LNG) or the CNG.
In an earlier letter of collaboration for what Mr. Weng called ‘Green Transportation Solutions,’ he pledged to introduce CNG buses with competitive pricing.
To assist Nigeria in its energy transition efforts in the transportation sector, Mr Weng said he was in the country to “assess the potential for establishing natural gas refuelling stations.
It will be recalled that President Tinubu’s recent directive was in furtherance of Nigeria’s effort to transition to cleaner energy as CNG-enabled vehicles have been considered to produce lower emissions, thereby safeguarding the environment.
The policy also seeks to present a more affordable alternative for Nigerian energy consumers.
