• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Nigeria: Sylva To Perform Groundbreaking Of Oloibiri Museum, NCDMB Conference Hotel

Fuel Subsidy: Nigerian Govt Considering Autogas As Alternative Petrol, Says Minister

4 years ago
JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

15 hours ago
JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

19 hours ago
CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

20 hours ago
Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

20 hours ago
Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

1 day ago
Sunday, July 27, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Insecurity In West Africa No Longer France’s Concern — Minister

    Insecurity In West Africa No Longer France’s Concern — Minister

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Strained Relations: Ramaphosa, Trump To Meet This Week

    US: Lawmakers Vote To Favour Bill Seeking Sanctions Against SA Over Its Foreign Policy

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    UK Considers Reducing Voting Age To 16

    UK Considers Reducing Voting Age To 16

  • Economy
    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    Kenya: President Ruto’s Convoy Kills British National

    Kenya: Rating Agency Says Cost Of Debt Servicing’ll Remain High Over Local Borrowing

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

    Insecurity In West Africa No Longer France’s Concern — Minister

    Insecurity In West Africa No Longer France’s Concern — Minister

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Rwanda: Kagame Appoints Top Central Bank Official As New PM

    Strained Relations: Ramaphosa, Trump To Meet This Week

    US: Lawmakers Vote To Favour Bill Seeking Sanctions Against SA Over Its Foreign Policy

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    As Regional Tension Worsens, Eritrea Cautions Ethiopia Against Conflict

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Algeria Is Neutral In Libya Conflict, Says President Tebboune

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    Burkina Faso: Military Govt Scraps Electoral Body, Says It’s Waste Of Funds

    UK Considers Reducing Voting Age To 16

    UK Considers Reducing Voting Age To 16

  • Economy
    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    IMF To Visit Senegal In August, With Focus On Hidden Debts, New Disbursements

    Kenya: President Ruto’s Convoy Kills British National

    Kenya: Rating Agency Says Cost Of Debt Servicing’ll Remain High Over Local Borrowing

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    Gita Gopinath To Step Down From IMF, Return To Harvard Faculty In September

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    AfDB To Boost Sustainable Agriculture In Morocco With $116 Million Loan

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana, Serbia To Sign Labour Mobility Agreement

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Ghana: President Mahama Stops Payment Of Fuel Allowance To Officials

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

    Record-Breaking Mars Rock Found In Niger Fetches $4.3M At Auction

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Fuel Subsidy: Nigerian Govt Considering Autogas As Alternative Petrol, Says Minister

•To convert 200,000 vehicles, plans 580 refueling centres.

January 25, 2022
in Economy, Top Stories
0
Nigeria: Sylva To Perform Groundbreaking Of Oloibiri Museum, NCDMB Conference Hotel

Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani 

Ahead of its plan to fully deregulate the downstream sector of the petroleum industry, the Federal Government of Nigeria has said that it plans to work with marketers to convert 200,000 vehicles from using petrol to compressed natural gas (CNG) popularly called autogas this year.

Relatedreading

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

Minister of State for Petroleum, Timipre Sylva, made this known when he appeared on Channels Television’s Newsnight to clarify the Government’s stance on removal of petrol subsidy on petrol.

Background

Earlier the Minister had met with oil marketers in the downstream sector to perfect plans for the full deployment of autogas in filling stations and the conversion of 200,000 commercial vehicles to run on gas this year.

At the meeting, which was convened in Abuja by Sylva, the Government unveiled the 2022 Framework for the deployment of CNG (Compressed Natural Gas, popularly called autogas) in Nigeria.

In the framework, the Government explained that with abundant gas reserves of about 206.53 trillion cubic feet, a population of about 200 million people, and the enactment of the Petroleum Industry Act, which eliminated the continuous absorption of petrol subsidy, it was now vital to deploy autogas.

It stated that its priority now was the rapid and strategic introduction of Natural Gas Vehicles as an alternative fuel for transportation in Nigeria in line with the approved National Gas Policy.

Three implementation options were highlighted in the document, as the Government stated that in the first option, its target was to convert one million public transport vehicles and install 1,000 refuelling centres within 36 months.

For the first 18 months it targets to achieve 500,000 conversions and 580 refuelling centres supplied by five Original Equipment Manufacturers, among other targets.

In the plan, the Government targets to convert 200,000 commercial vehicles this year, including tricycles, cars, mini-buses and large buses.

What the Minister is saying

“So we have to sit back together to now thinking about the process that can have the least effect on the people. That is why we are thinking of a lot of options like giving them an alternative fuel which will be cheaper and that is why we are looking at autogas,” the Minister said.

“We believe that will give an alternative so that if they find PMS too expensive, then they can have an alternative. Of course, we are looking at the impact it would have on their personal income and expenditure.”

He added that the Vice President Yemi Osinbajo, in his capacity as the Chairman of the National Economic Council, is also leading an effort in collaboration with state governors to discuss the government’s plans to unveil palliatives to the people.

“The Vice President is also leading an effort, discussing palliatives to the people. All those are the things we are discussing. We need to bring everything together before we can now come out and say look this is the package we have and this is the policy direction towards subsidy removal.”

In case you missed it

The Federal Government had in December 2020 rolled out an autogas programme called the National Gas Expansion Programme.

The programme involves the conversion of fuel-powered cars, generators from petrol to gas. It is aimed at deepening domestic usage of natural gas in its various forms.

After the launch, the Government said that vehicle owners in the country will pay N250,000 to convert their cars to autogas.

Justice Derefaka, Technical Adviser on Gas Business and Policy Implementation to Minister of State for Petroleum, had explained that vehicle owners will have different payment plans to convert their cars to autogas.

“The cost varies,” Derefaka said during an interview on Channels Television’s Sunrise Daily. “So, in terms of cost implication, it depends on the cylinder of the vehicle and of course, for a typical SUV cylinder, it is a bit higher but on the average, it is around N200,000 to N250,000 and this is for a four-cylinder vehicle but it becomes a little bit higher for a six-cylinder SUV vehicle.”

Tags: Autogascompressed natural gasFederal Ministry of Petroleum ResourcesTimipre SylvaYemi Osinbajo
ShareTweetSend
Previous Post

8 Killed, Many Injured In Cameroon Stadium Stampede

Next Post

2022 World Cup Play-off: Balotelli Handed Italy Recall After Three Years Of Absence

Related Posts

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

July 26, 2025
JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

July 26, 2025

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

Insecurity In West Africa No Longer France’s Concern — Minister

Next Post
2022 World Cup Play-off: Balotelli Handed Italy Recall After Three Years Of Absence

2022 World Cup Play-off: Balotelli Handed Italy Recall After Three Years Of Absence

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

July 26, 2025
JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

July 26, 2025
CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

July 26, 2025
Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

July 26, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

JUST IN: Nigeria Wins 10th WAFCON Title After Dramatic Comeback Against Morocco

July 26, 2025

JUST IN: Nigeria Wallop Rwanda In 2025 AfroBasket Opener

July 26, 2025

CAR: President Touadera Announces Third Term Bid After Removing Tenure Limit

July 26, 2025

Cameroon: Electoral Body Disqualifies President Biya’s Main Challenger

July 26, 2025

Ghana Down South Africa To Clinch WAFCON Bronze, Nigeria, Morocco Clash In Final

July 26, 2025

Insecurity In West Africa No Longer France’s Concern — Minister

July 25, 2025

Nigerian Govt, BoI Earmark N50m Innovation Grant For STEMM Students

July 25, 2025

Nigerian Govt Moves To Rescue Stranded Citizens In Central African Republic

July 25, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In