The Presidential Tax Policy Committee has announced that kerosene, liquefied petroleum gas (LPG), and compressed natural gas (CNG) will be exempt from the recently introduced 5% fuel surcharge, offering some relief to consumers and stakeholders in Nigeria’s energy sector. In a statement released on Monday, the Committee clarified that the surcharge, aimed at generating additional
The Presidential Tax Policy Committee has announced that kerosene, liquefied petroleum gas (LPG), and compressed natural gas (CNG) will be exempt from the recently introduced 5% fuel surcharge, offering some relief to consumers and stakeholders in Nigeria’s energy sector. In a statement released on Monday, the Committee clarified that the surcharge, aimed at generating additional
With a significant shift in energy policy underway, the cost of Compressed Natural Gas (CNG) has climbed to ₦450 per Standard Cubic Metre (SCM), marking a pronounced increase for both domestic and commercial users. This comes in the wake of the Federal Government’s decision to withdraw longstanding fuel subsidies, an action that has reverberated across
Abuja, September 2, 2025 – The Federal Government’s new policy on Compressed Natural Gas (CNG) pricing has officially taken effect, with pump rates now fixed at ₦380 per Standard Cubic Metre (SCM) in Lagos, Abuja, and other parts of the country. The uniform tariff regime, announced by regulatory authorities, is aimed at creating stability in
Abuja, July 9, 2025 The Federal Inland Revenue Service (FIRS), in partnership with the Bureau of Public Procurement (BPP), has donated two new compressed natural gas (CNG) buses to the BPP. The move aligns with the “Nigeria First” policy, which mandates that federal agencies prioritize locally made goods and services over imports. The BPP welcomed the
Lagos, Nigeria – June 30, 2025 In a bold move aimed at transforming Nigeria’s fuel distribution landscape, the Dangote Refinery has announced a massive investment of N720 billion in 4,000 Compressed Natural Gas (CNG)-powered trucks to distribute fuel across the country. This strategic investment is expected to significantly reduce Nigeria’s dependence on diesel-powered logistics, potentially
Abuja, Nigeria – June 27, 2025 — The Federal Government has revealed that over 100,000 petrol-powered vehicles have been successfully converted to run on Compressed Natural Gas (CNG) within the past year, describing the development as a significant milestone in Nigeria’s ongoing shift towards cleaner and more affordable energy alternatives. This disclosure was made as
President Bola Ahmed Tinubu has appointed Barrister Ismaeel Ahmed as the Executive Chairman of the Presidential Compressed Natural Gas Initiative (PCNGi). The appointment is aimed at strengthening the Federal Government’s strategic response to the post-subsidy era by expanding access to affordable, cleaner, and alternative energy sources for Nigerians. The PCNGi serves as a major pillar
Abuja, June 23, 2025 – Mounting frustration is sweeping across Nigerian cities as motorists continue to endure days-long queues at Compressed Natural Gas (CNG) filling stations, casting serious doubts on the government’s much-publicised energy transition programme. From Abuja to Lagos and across parts of the South-West, lengthy queues of vehicles stretch for kilometres outside the
Abuja, Nigeria – June 17, 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have reaffirmed their commitment to deepen collaboration across key areas in the downstream oil and gas sector, particularly the Compressed Natural Gas (CNG) initiative. This resolution emerged during a strategic meeting held
