The Federal Government has dismissed claims that a new 5 percent surcharge on fuel has been introduced, clarifying that the provision has existed since 2007 under the Federal Roads Maintenance Agency (FERMA) Act.
FG Secures $791.5m CNG Investments in Two Months – Report
The Federal Government attracted over $791.49 million in investments between May and June 2025, as part of its ongoing efforts to deepen the adoption of Compressed Natural Gas (CNG) as an alternative transport fuel.
It has...
Marketers to Engage Dangote on Fuel Distribution Strategy
Members of the Major Energies Marketers Association of Nigeria (MEMAN) say they will discuss with the Dangote Petroleum Refinery to fully understand the implementation of its plan to supply directly to filling stations nationwide.
The Executive Secretary of...
Federal Government, has revealed that Nigeria’s push towards alternative transportation fuels has attracted over $500m in investments and converted more than 50,000 vehicles to run on Compressed Natural Gas within its first year.
CNG, Electric Vehicles Attract $700m Investment – FG
The Federal Government has said that about $700m in investment was made in Compressed Natural Gas and electric vehicles last year.
The Special Adviser on Energy to President Bola Tinubu, Olu Verheijen, said this was made possible by...
FG Invests $450m in CNG – Minister
The Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, says the Federal Government has so far invested $450m in Compressed Natural Gas.
Ekpo disclosed this at the ongoing Practical Nigerian Content Forum organised by the Nigerian Content Development and Monitoring...
