A chieftain of the All Progressives Congress (APC) in Kano, Alhassan Yaryasa has called for the reconciliation of two former governors and the political leaders in the state, Abdullahi Ganduje and Rabiu Kwankwaso.


Yaryasa opined that the duo must sheath their sword if they want the people of Kano to live in peace.

The APC chieftain stated this during an interview with Punch in Kano.

According to him, Kano indigenes are after the progress and development of the state.

He stressed that it is the prayers of the Islamic scholars and other well-meaning Nigerians that are sustaining the current peace in Kano since the coming of the administration of Governor Abba Kabir Yusuf.

“Kano people want to live in peace, and they are after the progress and development of the state. There is the need for them – Kwankwaso and Ganduje – to forgive each other in order for Kano people to live in peace,” Yaryasa said.

He also advised people of the state not to engage in any act capable of plunging the state into trouble or violence.

“My advice to Kano residents and the entire people of the state is that they should live in peace with one another because it’s the bedrock of any development in the society.

“With the dissolution of the five emirates If not because of prayers, Kano would have been on fire or in chaos by now.

“The matter is currently in court. So, it will be a contempt of court or a disrespect to the court if Governor Abba went ahead and reinstated Sanusi,” he added.

Yaryasa, who is also a former coordinator of the Tinubu Campaign Organisation for Kano South, noted that the dissolution of the new emirates was nothing but vendetta against the person of the former Governor Ganduje.

“We know before now people who don’t wish the state well have been calling on the governor to dissolve the emirates, and now that he has dissolved the emirates, let’s see what will happen.

“Those calling for the scrapping of the emirates are nothing but enemies of the state. I said it before, and I’m still maintaining my stand that scrapping the emirates will not augur well for the state,” he insisted.

For millions in anguished parts of the world, certainly for us in vast swathes of the African continent, this is a daybreak on a new democratic promise. The warning is clear. sooner or later, the clamour of equity breaks down the stoutest gates on guard across the citadel of impunity,

The Trump debacle is a challenge also, a call to preparedness and steadfastness.  Installed and putative fascisms – secular, military or theocratic - will extract from this only the wrong lessons, batten down and ‘crack down’ in self-protection.  It is “Not yet Uhuru”, not anywhere close for humanity in our global village. Nonetheless, a celebration, albeit in a minor key, is justified.

Donald Trump

p.s.  Seeing that this trite, personal gesture attracted such inordinate attention at the time, let me answer the question before it is asked: Yes, I may choose to apply for restoration of my card of Permanent Residence, known as the Green Card. Possibly.

Wole SOYINKA

A.R.I. (Permanent Resident)

Ogun State, Nigeria

May 30, 2024

Becomes First U.S Ex-President Convicted Of Crime

 

Former President Donald Trump has been convicted on all 34 counts of falsifying business records in relation to a “hush money” payment made to adult film star Stormy Daniels before the 2016 United States election.

 

A 12-person jury reached the unanimous decision after two days of deliberations in the closely-watched trial.

The charges stemmed from a $130,000 payment made by Trump’s former lawyer Michael Cohen to Daniels in the final weeks of the 2016 presidential campaign to buy her silence about an alleged sexual encounter with Trump years earlier.

Prosecutors argued that Trump falsified records about reimbursing Cohen to cover up the payment, which could have been a violation of campaign finance laws.

 

In delivering the verdict, the jury agreed with prosecutors from the Manhattan District Attorney’s office that Trump engaged in a widespread effort to undermine the integrity of the 2016 election by covering up potential scandals.

 

Trump had pleaded not guilty and his defence maintained the payment was meant to prevent personal embarrassment rather than an illegal campaign contribution.

“Our whole country is being rigged right now,” CNN quoted Trump as telling reporters after leaving the courtroom.

“This was done by the Biden administration in order to wound or hurt an opponent, a political opponent.”

More details to follow…

President Bola Tinubu has vowed to sack any minister in his cabinet who he feels falls short of the expectations of Nigerians.

Tinubu stated this during a meeting with the leadership of the Arewa Consultative Forum (ACF) at the Presidential Villa, Abuja, on Thursday.

The president, again, vowed to continue to do his best for the country.

 

“I thank the cabinet members for their efforts, but I will relieve any of them of their duties anytime I feel that they are failing Nigerians,” Tinubu said.

There are strong indications that Organised Labour may begin a nationwide strike from Monday, June 3, over a new minimum wage.

 

This is as the tripartite committee on a new national minimum wage, NNMW, reconvenes today, following abrupt adjournment due to labour’s walkout of last Tuesday’s meeting, where it accused government negotiators of unseriousness in the negotiation process.

 

Meanwhile, accusing fingers are pointing to the state governors of ganging up against the Federal Government to stall the ongoing negotiation.

Labour’s negotiating team had on Tuesday, for the second time in two weeks, walked out of the committee meeting after the Federal Government increased its offer marginally to N60,000 from the N57,000 it offered on Wednesday, May 22.

Labour, represented by the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart, had on May 15, walked out of the tripartite committee meeting after the government offered N48,000 and Organised Private Sector, OPS, offered N54,000, against its N615,000 demand.

Meeting reconvenes

However, in a letter reconvening the meeting, Ekpo Nta, member/Secretary of the committee on behalf of the National Salaries, Incomes and Wages Commission, NSIWC, dated May 29, said: “You are respectfully invited to attend the 7th meeting of the Tripartite Committee on National Minimum Wage which is scheduled as follows: Date: Friday, 31, May 2024

Venue: Nnamdi Azikiwe Hall, Nicon Luxury Hotel Plot 903, Tafawa Balewa Way Area 11, Garki, Abuja, Time: 10:00 am Prompt

“The minutes of the 6′ meeting and the draft agenda for the 7” meeting wil be circulated in due course.

“Please note that the following ‘Zoom link’ has been provided for any member who indicates inability to be physically present to participate in the meeting.”

Labour mobilizes for strike

Organised labour sources, nonetheless, told Vanguard that a nationwide strike might start on Monday, depending on the outcome of today’s meeting.

According to the sources, organised labour is already mobilizing for a strike from Monday, June 3.
A labour leader, who spoke to Vanguard anonymously, said: “The outcome of tomorrow’s (today) will determine our next line of action. If the meeting comes out fruitful, better for everyone.

“But should government’s team continue with its carefree attitude and disdain for workers’ welfare, nothing will stop us from going on strike from Monday. We are already mobilizing for the strike.

“Everyone knows that the one-month ultimatum we gave to the government to conclude negotiations on the new national minimum wage ends tomorrow (today). We have been patient amid the hardship and mass suffering inflicted on us by the government’s anti-poor policies.

 

“Besides that, the issue of the minimum wage is statutory. The old Minimum Wage Act ceased to exist since April 18. We had more than six months, at least, to work on a new minimum wage.

“But the government has not been serious with issues affecting workers. Well, Nigerians can bear us witness that we have been patient with this government. If the government knows what is good for it, let its negotiators come up with something reasonable to meet workers’ expectations, otherwise, strike will be inevitable from Monday.”

Govs gang-up

On alleged gang-up by governors, organised labour which appears not to be unaware of the gang-up, is already working on a series of industrial actions, including a total shutdown of nation’s economy to speed up the process.

According to a Presidency source, “the unwillingness of most of the state governors to commit to a reasonable new national minimum wage is putting pressure on the federal government to do the needful.

“Even though what labour is demanding is on the high side, the Federal Government is under pressure from the state governors not to give in to labour’s demand. They have been insisting that they do not have the resources to pay a high wage.

 

“You can see that they have been shunning the ongoing negotiations because they are afraid to come to the open to put forward their arguments. They cannot continue to shy away. We know there are challenges, we have to face it one way or the other. We must come up with a new national minimum wage. It is a law that we have to abide with.”

Reacting, one of the labour leaders in the negotiating team, told Vanguard that Labour was not ignorant of the antics of the state governors, but said the federal government had a fair share in whatever the governors were doing.

He said: “From the onset, the federal government created this problem by choosing governors that have breached the 2019 Minimum Wage Act as members of the tripartite committee, representing the governors.

“Check, none of the six governors in the committee is labour-friendly. They never fully implemented the N30,000 minimum wage. I remember that the NLC president raised the issue when their names were announced as members representing the governors in the tripartite committee on the new national minimum wage.

“As we speak, many of them have refused to pay the wage award to their workers as a temporary measure to cushion the effects of the removal of petrol subsidy. Even some of them that agreed to pay have not paid more than two or three months. In fact, some of them are paying a meagre N10,000 or N15,000.

 

“They cannot run away from the reality. Whatever economic challenge we face today, they created it. They are all receiving more money from the federation account as a result of the removal of fuel subsidies and the excessive taxation of the people, among other sources of funds, such as IGR. They have no excuse or reason not to pay.

“We have lined up a series of industrial actions, including shutting down the economy, to speed up the process. We are just waiting for the May 31 deadline we gave on May Day to take the next line of action.”

FG pleads labour’s understanding

Meanwhile, the Federal Government has appealed to organized labour to see reason with its offer.
The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, who appealed yesterday, asked Labour to be considerate and patriotic in their demand in the ongoing negotiations.

She said the government had been consistent in taking steps to secure a fair and realistic wage for Nigeria workers but urged Labour to recognise that the nation’s economy is still on the path of recovery from the effects of the COVID-19 pandemic and other economic distress.

The minister said: “We appeal to organized labour and, indeed, other relevant stakeholders to be considerate and patriotic in their demands, recognizing that our economy is still recovering from the devastating effects of the pandemic and other global economic shocks. “We are committed to putting the people first and ensuring that our economic policies benefit all Nigerians, not just a select few.
“The government remains dedicated to prioritizing the well-being of our citizens and urge all relevant parties to demonstrate patriotism and understanding, particularly during this critical period when President, Bola Tinubu is working diligently to revitalize the economy. 

“We recognize that the economic challenges we face are complex and multi-faceted, and we require the collective effort of all stakeholders to overcome them.”

The minister noted that last Tuesday’s meeting with Labour was a significant step in the ongoing efforts to secure a fair and realistic wage for Nigerian workers.

“As a government, we recognise the importance of ensuring that our citizens receive a decent standard of living, and we are committed to making this a reality.

“After hours of intense negotiations, labour leaders took a recess to consult with other key stakeholders and have pledged to return to the negotiating table for further discussions today. We welcome this development and are optimistic that our continued engagement will yield a positive outcome.

“In light of the current economic conditions, we have made a concessionary move from N57,000 to N60,000. This increase is a demonstration of our willingness to listen to the concerns of labour and work towards a mutually beneficial agreement. 

“We understand that the current economic landscape is challenging, and we are doing everything in our power to mitigate its effects on our citizens. This is the path this government has chosen to pursue, and we will not deviate or stray from the course.

“President Tinubu has been tireless in his efforts to revitalise the economy and improve the standard of living for all Nigerians. His commitment to creating jobs, stimulating economic growth, and reducing poverty is genuine, and we appeal to all to support him in this endeavour.

“As we move forward, we will continue to engage with organised labour and other stakeholders to ensure that our economic policies are inclusive and beneficial to all. We recognise that the times are challenging, but we are confident that with the collective effort of all Nigerians, we can overcome any obstacle and build a brighter future for ourselves and future generations.”

The Federal Government has secured a $500 million World Bank loan to empower Nigeria's energy distribution industry, the Bureau of Public Enterprises stated on Thursday.

The BPE announced that the financing has been secured to help address the numerous issues that Discos face in the country.

“In a strategic move to address the identified gaps in the electricity distribution companies, the Federal Government of Nigeria has secured a $500m loan from the World Bank,” BPE stated in a statement issued in Abuja by the Head of Public Communication, Amina Othman.

It added, “Approved on February 4, 2021, by the World Bank board of directors, this funding supports the Nigerian Distribution Sector Recovery Programme aimed at improving the financial and technical performance of the Discos.

“The DISREP is designed to enhance the financial and technical operations of the Discos through capital investment and the financing of key components of their Performance Improvement Plans, which have been approved by the Nigerian Electricity Regulatory Commission.”

The Bureau stated that key areas of improvement include bulk procurement of customer/retail metres and metre data management systems, implementation of a Data Aggregation Platform, and strengthening governance and transparency within the Discos.

On the programme components, BPE said the DISREP comprises two main components.

It said the first is the programme for results, with an allocation of $345m, adding that the purpose is to support the implementation of selected PIP components. The Bureau of Public Enterprises is to implement this.

The other component is the Investment Project Financing, with an allocation of $155m and the purpose is to finance the procurement of metres, a data aggregation platform, and technical assistance.

“The DISREP loan, particularly the Investment Project Financing component, is expected to significantly benefit the Nigerian Electricity Supply Industry by closing the metering gap, reducing Aggregate Technical, Collection, and Commercial losses, and improving remittances and liquidity for the Discos.

“Others include to enhance the reliability of power supply, as well as increase transparency and accountability within the Discos,” BPE stated.

It said the $500m DISREP loan from the World Bank offers concessional financing with more favourable terms than commercial bank loans.

“This will enable the Discos to invest in critical distribution infrastructure, improve ATC&C losses, increase power supply reliability, achieve financial sustainability in the power sector, and enhance transparency and accountability,” the bureau stated.

It noted that significant progress has been made in the preparation of the DISREP programme with several key milestones achieved and approved by the Federal Executive Council on August 3, 2022.

It said there has been the execution of the Financing Agreement by the Federal Ministry of Finance, Budget and National Planning, and the World Bank, and adoption of the Programme Operations Manual by BPE and Transmission Company of Nigeria.

The government has also obtained a legal opinion from the Attorney-General of the Federation and executed the Subsidiary Loan Agreement, adding that the effective declaration of the DISREP Programme was done on January 31, 2023, while the inauguration of the DISREP Technical Committee was on May 6, 2024.

It said the inclusion in the Federal Government borrowing plan was approved by the Senate Committee on May 16, 2024.

“To ensure repayment assurance, the Bureau of Public Enterprises sought and obtained approval from the Nigerian Electricity Regulatory Commission and the National Council on Privatisation for a structured repayment hierarchy.

“This structure prioritises payments as follows: 1. Statutory payments (taxes); 2. Repayment of CBN market loans; 3. Market obligations; 4. Repayment of DISREP loan; 5. Discos’ net revenue. This structured repayment plan aims to mitigate risks associated with repayment uncertainty and defaults, with regulatory sanctions imposed for any defaults,” BPE stated.

Power distribution companies in Nigeria have been widely criticised as being the weakest link in the country’s power value chain. This is due to many lapses on the part of the Discos.

For instance, about eight million registered power users out of an estimated 13 million electricity consumers are not metered by Discos. Also, there are complaints of poor power supply to many locations by Discos. Consumers on estimated billing also accuse Discos of extortion, among other concerns.

Nigeria got 11 power distribution companies after electricity generation and distribution arms of the industry were privatised in November 2013, and since then, the Discos have been struggling to meet the demands of end users.

House of Representatives has stepped down an amendment to a motion seeking foreign intervention to address Nigeria’s insecurity issues.

 

The lawmakers declined an amendment proposed by Hon. Ahmed Jaha (APC, Borno), which called for the invitation of foreign mercenaries to assist in combating the issue.

 

Jaha stated that despite ongoing efforts by security agencies over the years, results have been insufficient, hence the need for Nigeria to engage foreign contractors to assist in combating insecurity across the country.


“During the period of insecurity in the northeast between 2020, there was no significant hunger in the country. However, when the bandits realized their actions were causing more hunger than insecurity, they expanded their operations to the southeast and southwest.

“Given the insurgency we’re grappling with, it’s prudent to seek assistance from other nations. Nigeria lacks the power and influence of countries like Ukraine and Russia. Bringing in machinery to tackle insecurity is essential to prevent a worsening hunger crisis next year. The current strategy of targeting farmers is crippling agricultural productivity. While we appreciate the efforts of our security agencies, additional support is urgently needed.”

But, Hon. Abbas Adigun, member representing Ibadan North East/South East Federal Constituency of Oyo State, strongly opposed the suggestion of employing foreign mercenaries, stating that it would be a source of embarrassment for the nation.

“We must prioritize bolstering our security agencies’ capacity and ensuring their personnel’s welfare. When they bravely venture into the field, there’s a stark reality: a 50% chance they won’t return. We must also consider the welfare of their families left behind.


“We’re sorely lacking the modern equipment needed to confront insurgents effectively. Despite discussing security measures in the 9th Assembly, no tangible actions have been taken. That’s why I’ve chosen not to attend any security meetings in this assembly.

“Requesting another nation to supply us with machinery is a slight to our stature as a leading African nation. We possess the capability within our security agencies, augmented by the expertise of retired service chiefs, to undertake such tasks internally.

“Many of Nigeria’s security challenges stem from its poorest and least educated regions. These issues are the fruit of seeds planted long ago. Nigeria must prioritize investments in education and alternative livelihoods over criminal activities,” he said.

Other lawmakers also followed his argument, dropping the amendment while the motion was adopted with other prayers.

Adopting the motion, the House decided to meet with the President to find solutions to the insecurity challenges. It urged police authorities to appropriate funds to repair damaged security assets nationwide.

The motion’s mover, Abdullahi Dabai from Katsina State, lamented that the people of his constituency are living in a state of fear owing to constant attacks by bandits.


“Families have lost their loved ones, their means of livelihood, and their homes. The psychological trauma inflicted on the survivors, particularly those who have lost family members or witnessed the destruction, cannot be overstated. The kidnappings have further exacerbated the situation, with families anxiously awaiting the return of their loved ones,” he said.

Nigeria and other West African countries are expected to see their growth rates rise from 3.6% in 2023 to 4.2% in 2024 and 4.4% in 2025. This projection was shared by Kevin Urama, the Vice-President and Chief Economist of the African Development Bank (AfDB), during the African Economic Outlook 2024 event on Thursday.

The announcement was made at the bank’s 2024 Annual Meetings in Nairobi, Kenya. The event’s theme was “Driving Africa’s Transformation: The Reform of the Global Financial Architecture.”

Urama highlighted that West Africa’s growth is set to increase, moving from an estimated 3.6% in 2023 to 4.2% in 2024, and further solidifying at 4.4% in 2025. This marks a 0.3 percentage point increase over the January Macro Economic Outlook (MEO) projections, driven by stronger growth in major economies like Côte d’Ivoire, Ghana, Nigeria, and Senegal.

He emphasized that African economies have shown resilience despite multiple challenges, with average growth expected to stabilize at 4.0% in 2024-2025, up from 3.1% in 2023. The average real Gross Domestic Product (GDP) growth slowed from 4.1% in 2022 to 3.1% in 2023, primarily due to high food and energy prices stemming from Russia’s invasion of Ukraine.

Dikko Radda: Insecurity would be difficult to address without alleviating poverty
Other contributing factors include climate change, extreme weather affecting agriculture and power generation, and political instability in some countries. However, real GDP growth is projected to rise to 3.7% in 2024 and 4.3% in 2025, surpassing the 4.1% recorded in 2022.

Urama noted that the growth rebound will be driven by East Africa, with an increase of 3.4 percentage points, and Southern and West Africa, each rising by 0.6 percentage points. In 2024, 40 countries are expected to show higher growth than in 2023, with 17 economies projected to grow by more than 5%, potentially increasing to 25 by 2025. Africa is set to retain its position as the second fastest-growing region after Asia in 2024-2025, with GDP growth exceeding the global average of 3.2% in 2024.

For oil-exporting countries, average growth is expected to decline from 3.7% in 2023 to 3.5% in 2024, but it may rise to 4% in 2025. This slowdown in 2024 is due to lower oil production targets set by OPEC and issues such as the vandalism of an oil pipeline in South Sudan and uncertainties surrounding Angola’s oil exports after leaving OPEC.

In contrast, growth in non-oil resource-intensive economies is projected to improve significantly from 0.3% in 2023 to 2.7% in 2024, and stabilize at 3.3% in 2025. This sharp increase is mainly due to a rebound in China’s demand for metals and minerals, driven by expansions in smart grids and construction activities.

The Presidential Committee on Fiscal Policy and Tax Reforms has asked the federal government to adopt an exchange rate of ₦800 per dollar for customs import duty.

The chairman of the committee, Taiwo Oyedele, spoke on Thursday while engaging journalists on the activities of the tax panel in Lagos.

 

While presenting some of the committee’s recommendations, the tax expert expressed concern over the import duty rate, which constantly changes due to the volatility of the foreign exchange (FX) market.

This, Oyedele said, does not allow for adequate planning by businesses.

 

He said, “When we did the budget, we said naira to dollar will be ₦800, now it is 1,000 something. People need to plan.

“So now, we’re saying dear government can you please sign an order that says for the purpose of paying import duty, we shall use ₦800… for the rest of the year till December.

“So, we have proposed ₦800.”

 

The import duty rate in recent times has witnessed incessant adjustments by The Nigerian Customs Service (NCS).

On May 27, the customs adjusted the FX rate for tariffs and duties to 1,480 per dollar.

Customs typically adopt FX rates recommended by the Central Bank of Nigeria (CBN) for import duties based on trading activities in the official FX market.

 
 

On May 16, Muda Yusuf, the director-general of the Centre for the Promotion of Private Enterprise (CPPE), said the customs should set a quarterly exchange rate between 800/$ and 1000/$ for import duties assessment.

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed its plans to roll out six more Compressed Natural Gas (CNG) plants.

These proposed CNG stations, with 5.2mmscfd capacity each, will be located in selected locations across the country to ease access to bulk CNG.

overlay-clever

This was disclosed on Thursday by the Group Chief Executive Officer of NNPC, Mele Kyari, at the commissioning of the company’s 5.2MMscf CNG plant in Ilasamaja, Lagos State.

He said that the national oil firm has taken a Final Investment Decision (FID) with Axxela Limited to deliver the projects.

Based on figure from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), as of January, the nation’s natural gas reserves stood at 209.26 Trillion Cubic Feet (TCF).

Speaking on the country’s enormous gas reserves, Kyari said: “We’re a gas country with associated oil. But we haven’t taken advantage of this gas for a very long period of time.”

He noted that NNPC’s investments in gas are not just market-driven, but also as mandated by the Petroleum Industry Act (PIA) to drive domestic utilisation of gas.

The NNPC boss asserted that in the last year, there have been vigorous activities by the government to ensure that gas becomes an engine room for economic growth and development in the country.

“We’re building massive infrastructure in-country to ensure that gas reaches every corner of our country, but more than anything bring the volume that we require for the economic growth that this country truly deserves,” he said.

“NNPC will continue to deliver more strategic projects for the benefit of our country. We shall utilise our gas resources for industrialisation, power generation and economic prosperity for all.”

He highlighted the significant role the Obiafu-Obrinkon-Oben (OB3), Ajaokuta-Kaduna-Kano (AKK) and Escravos Lagos Pipeline Systems (ELPS) gas pipelines will play in deepening domestic utilisation of gas in-country.

“I’ll like to inform you that many of these backbone infrastructure projects – the OB3, the AKK and also the expansion of ELPS – will automatically connect our gas sources, encourage gas producers to see the opportunity to grow gas into our pipeline networks,” Kyari said.

He expressed optimism that CNG will soon become the fuel of choice for many motorists in Nigeria.

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, who commissioned the plant, said the occasion, under the theme “From Gas to Prosperity: CNG for All”, represents a critical turning point in the development of affordable, sustainable, and secure energy sources in the country.

 

The minister described 2024 as a historic year for Nigerians, stressing that through his courageous decision to eliminate fuel subsidies and promote the acceptability and broader use of LPG, President Bola Tinubu has brought about several fresh beginnings in the lives of Nigerians.

“Although the elimination of the Premium Motor Spirit (PMS) subsidy has brought difficulties, it has also given us a once-in-a-lifetime chance to invent and adopt more economical, efficient, and sustainable energy alternatives,” he stated.

Highlighting the gains of CNG, Ekpo said the use of CNG as a transport fuel is a mature technology used globally as it is the cleanest burning fuel in terms of Nitro-oxide and soot emissions.

Also speaking at the event, Lagos State Governor, Babajide Sanwo-Olu said the establishment of the CNG plant aligns with the vision of his government.

He disclosed that the state plans to deploy 2,500 conversion kits and over 2,000 new CNG buses, which will commence operations before the end of the year.

The Ogun State Governor, Dapo Abiodun, reiterated the state’s commitment to deepening domestic utilisation.

Represented by the State Commissioner of Environment, Ola Oresanya, the governor said the state is supporting capacity building in CNG conversion to ensure sustainability and promote economic development within the state and beyond.

Earlier in his goodwill message, the Chief Executive of the Presidential CNG Initiative, Michael Oluwagbemi, described the plant commissioning as a testament to Tinubu’s commitment to providing sustainable energy solutions for Nigerians.

Giving his vote of thanks, the CEO of Axxela, Bolaji Osunsanya appreciated all the stakeholders, particularly the NNPC for its consistent vision towards the delivery of the plant, adding that his company’s many years of preparation have now met a golden opportunity to deliver cleaner, cheaper energy to Nigerians.

The Ilasamaja CNG plant was built by NNPC in partnership with Transit Gas Nigeria Limited (TGNL), a subsidiary of Axxela.

The CNG station can serve vehicles and also supply gas to industries and other companies. The facility utilises state-of-the-art 95MScf/hour compressors and has dispensing points for filling of gas-powered vehicles, utilising CNG as a primary or alternate fuel.

It would deliver CNG at 250 bar into specialised tube trailers for onward delivery to customers beyond the pipeline gas areas, approximately within a 250km radius of the Facility. With an average tank capacity of 40SCM for Autogas cars and 250SCM for Buses/Trucks, the 150,000SCM capacity plant can fill about 3,700 cars or 600 trucks/buses daily.

Nigeria has adopted gas as its transition fuel and is committed to achieving carbon neutrality by 2060. NNPC Limited is at the vanguard of powering Nigeria’s greener future

The partnership with TGNL is not the first aimed at deepening domestic utilisation of gas. In August last year, the national oil firm entered into a strategic partnership with NIPCO Gas Limited to deploy CNG stations across the country. Under the partnership, 35 CNG stations will be set up in Lagos and other parts of the country.