Business Hilights

Tracking Nigeria's Headline Business News Online

Compressed Natural Gas CNG)

FG needs private sector to succeed in national gas scheme—MOMAN boss

Leadership of the Major Oil Marketers Association of Nigeria (MOMAN) has made it clear to the Federal Government that it needs the support of the private sector, to implement the National Gas Policy. The scheme is aimed at deepening gas…

Minister steps up campaign for use of CNG as transport fuel

The Minister of State for Petroleum Resources, Chief Timipre Sylva has restated the importance of Compressed Natural Gas (CNG) in complementing Premium Motor Spirit (PMS) utilization as transport fuel. Giving insights on factors considered by the Federal Government in slashing…

Nipco lists four anti investment forces in CNG sub-sector

Managing Director of leading player in Compressed Natural Gas (CNG) subsector, Nipco Gas Limited, Mr. Sanjay Teotia has identified lack of access to land, paucity of infrastructure, inappropriate pricing, and non-existence of a regulating agency as the key drawbacks against…

Forget diesel, petrol, power your automobiles with LPG, CNG, Ooni tells fleet owners

The Ooni of Ife, Oba Adeyeye Ogunwusi has called on Nigerians and mainly fleet operators, government agencies and other vehicle owners to power their automobiles with Liquefied Petroleum Gas (LPG) and Compressed Natural Gas CNG), and move away from petrol…