The Federal Government of Nigeria is considering financial assistance to help independent fuel marketers install Compressed Natural Gas (CNG) pumps at filling stations nationwide, following complaints about prohibitive costs from the Independent Petroleum Marketers Association of Nigeria (IPMAN).
This development comes in response to the presidential directive promoting CNG as part of broader measures to mitigate the impacts of fuel subsidy removal. President Bola Tinubu ended the fuel subsidy in May 2023, causing a spike in fuel costs, and promised to introduce CNG-powered mass transit solutions.
IPMAN members have expressed difficulty in financing the installation of CNG pumps due to high costs and unattractive bank interest rates. Public Relations Officer of IPMAN, Chinedu Ukadike, emphasized the need for governmental support and proposed the establishment of an ‘energy bank’ to provide accessible loans for marketers.
“Compressed Natural Gas is a welcome development,” Ukadike said, noting that while banks have shown interest in funding, high commercial interest rates are a significant barrier. He called for a microfinance or specialized energy bank to help marketers obtain loans without exorbitant charges.
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has mandated oil marketing companies to install CNG pumps. The CEO of NMDPRA, Farouk Ahmed, described the CNG initiative as a revolutionary step to reduce the economic burden of petrol consumption.
Michael Oluwagbemi, CEO of the Presidential Compressed Natural Gas Initiative, confirmed that the government is exploring ways to assist marketers with funding. He mentioned that existing government intervention funds, such as the Nigerian downstream and midstream gas infrastructure fund and the Nigerian content fund, could be utilized to support the installation of CNG pumps.
Oluwagbemi expressed confidence in the financial viability of the CNG initiative, noting that the return on investment for gas is higher than that for petrol, gasoline, and diesel. He suggested that even with commercial loans, marketers could achieve a breakeven within 18 to 24 months.
“We are confident that they can finance it if they approach their existing financing structure. Even if the government provides support, it might be stimulative or catalytic, but the business can pay for itself,” Oluwagbemi added.
маркетплейс аккаунтов маркетплейс аккаунтов соцсетей
маркетплейс аккаунтов соцсетей маркетплейс аккаунтов соцсетей
площадка для продажи аккаунтов биржа аккаунтов
безопасная сделка аккаунтов магазин аккаунтов
магазин аккаунтов социальных сетей площадка для продажи аккаунтов
маркетплейс аккаунтов соцсетей купить аккаунт
маркетплейс аккаунтов https://birzha-akkauntov-online.ru/
магазин аккаунтов https://marketplace-akkauntov-top.ru/
аккаунт для рекламы безопасная сделка аккаунтов
магазин аккаунтов гарантия при продаже аккаунтов
купить аккаунт prodat-akkaunt-online.ru/
перепродажа аккаунтов безопасная сделка аккаунтов
купить аккаунт биржа аккаунтов
Account Buying Platform Accounts for Sale
Profitable Account Sales Account Sale
Accounts marketplace Account Trading Platform
Account Trading Service Buy and Sell Accounts
Account Purchase Account Acquisition
Account exchange Gaming account marketplace
Accounts market Social media account marketplace
Profitable Account Sales Account Buying Platform
Accounts for Sale Find Accounts for Sale
Account Trading Sell Pre-made Account
Sell Pre-made Account Account trading platform
online account store buy and sell accounts
marketplace for ready-made accounts account sale
secure account purchasing platform account trading
accounts marketplace account trading platform
buy accounts account catalog
find accounts for sale secure account sales
account buying service account trading platform
verified accounts for sale account exchange service
account purchase account store
account buying platform sell accounts
website for buying accounts sell accounts
gaming account marketplace guaranteed accounts
accounts marketplace secure account purchasing platform
accounts market buy pre-made account
account trading platform account exchange service
account buying service account catalog
accounts market https://social-accounts-marketplace.org
accounts market social media account marketplace
account selling platform social media account marketplace
account acquisition gaming account marketplace
profitable account sales sell accounts
accounts marketplace website for selling accounts
account trading service guaranteed accounts
accounts market accounts marketplace
gaming account marketplace account sale
sell account website for selling accounts
gaming account marketplace https://shop-social-accounts.org
account purchase account buying service
account purchase https://accounts-offer.org/
accounts marketplace https://accounts-marketplace.xyz
social media account marketplace https://buy-best-accounts.org
accounts for sale https://social-accounts-marketplaces.live
accounts market https://accounts-marketplace.live
secure account sales account market
accounts market https://buy-accounts.space
sell pre-made account account market
guaranteed accounts https://buy-accounts.live
account market buy accounts
account trading platform accounts market
gaming account marketplace https://accounts-marketplace-best.pro
продажа аккаунтов https://akkaunty-na-prodazhu.pro/
площадка для продажи аккаунтов https://rynok-akkauntov.top/
продажа аккаунтов маркетплейсов аккаунтов
биржа аккаунтов https://akkaunt-magazin.online/
магазин аккаунтов akkaunty-market.live
маркетплейс аккаунтов соцсетей https://kupit-akkaunty-market.xyz
маркетплейс аккаунтов магазины аккаунтов
купить аккаунт https://online-akkaunty-magazin.xyz
купить аккаунт https://akkaunty-dlya-prodazhi.pro
площадка для продажи аккаунтов маркетплейсов аккаунтов
facebook ad accounts for sale https://buy-ad-accounts.click
facebook accounts for sale buy-ad-account.top
buy a facebook ad account facebook ad account for sale
buy facebook advertising cheap facebook accounts
cheap facebook account https://buy-ads-account.work
buy facebook accounts for ads https://ad-account-for-sale.top
buy fb ad account https://buy-ad-account.click
facebook ad account buy https://ad-accounts-for-sale.work
buy google ads verified account https://buy-ads-account.top
sell google ads account https://buy-ads-accounts.click/
buy facebook profiles https://buy-accounts.click
buy verified google ads account https://ads-account-for-sale.top
buy google ads threshold accounts google ads accounts
sell google ads account https://buy-ads-invoice-account.top
buy google ad account https://buy-account-ads.work
buy aged google ads account buy-ads-agency-account.top
buy google ad threshold account sell google ads account
buy google ads agency account https://ads-agency-account-buy.click
fb bussiness manager https://buy-business-manager.org
buy google adwords accounts https://buy-verified-ads-account.work
verified bm for sale https://buy-bm-account.org
facebook bm account buy-business-manager-acc.org
verified business manager for sale buy facebook business manager accounts
buy facebook bm https://buy-verified-business-manager.org
buy verified bm facebook https://business-manager-for-sale.org
facebook bm for sale https://buy-business-manager-verified.org
facebook business account for sale buy fb business manager
buy facebook business managers verified-business-manager-for-sale.org
business manager for sale buy-business-manager-accounts.org
buy tiktok business account https://buy-tiktok-ads-account.org
tiktok ad accounts https://tiktok-ads-account-buy.org
buy tiktok ads accounts https://tiktok-ads-account-for-sale.org
buy tiktok ad account https://tiktok-agency-account-for-sale.org
buy tiktok ads accounts https://buy-tiktok-ad-account.org
buy tiktok ad account https://buy-tiktok-ads-accounts.org
tiktok ad accounts https://buy-tiktok-ads.org
buy tiktok ads https://buy-tiktok-business-account.org
buy tiktok ad account https://tiktok-ads-agency-account.org
This forum is amazing and there is a lot of useful content here. Companies can use this content to further improve the quality of disposable nitrile gloves although they have not received any complaints about them yet. However, there is still room for improvement. Try to Visit My Web Site : LOKABET88
¡Hola, exploradores de oportunidades !
Casinoextranjerosespana.es: entra, juega, cobra sin papeles – https://www.casinoextranjerosespana.es/# casinoextranjerosespana.es
¡Que disfrutes de asombrosas tiradas exitosas !
¡Saludos, entusiastas de las emociones !
Casino online sin licencia EspaГ±a con pago inmediato – https://casinossinlicenciaenespana.es/ casinos sin licencia espaГ±ola
¡Que vivas jackpots impresionantes!
¡Saludos, fanáticos del desafío !
Casino online extranjero con bono exclusivo – п»їhttps://casinosextranjerosenespana.es/ casino online extranjero
¡Que vivas increíbles jackpots extraordinarios!
¡Hola, seguidores de la emoción !
Casino fuera de EspaГ±a con promociones sin depГіsito – https://casinoonlinefueradeespanol.xyz/# casinos fuera de espaГ±a
¡Que disfrutes de asombrosas movidas brillantes !
¡Saludos, apostadores apasionados !
Explora los bonos de casinos extranjeros sin verificaciГіn – https://casinoextranjerosenespana.es/# casino online extranjero
¡Que disfrutes de conquistas memorables !
Эта статья для ознакомления предлагает читателям общее представление об актуальной теме. Мы стремимся представить ключевые факты и идеи, которые помогут читателям получить представление о предмете и решить, стоит ли углубляться в изучение.
Разобраться лучше – https://nakroklinikatest.ru/
¡Bienvenidos, cazadores de tesoros !
Casino online fuera de EspaГ±a para todos los gustos – https://casinoporfuera.guru/# casinoporfuera.guru
¡Que disfrutes de maravillosas tiradas afortunadas !
¡Hola, amantes del entretenimiento !
casinoextranjero.es – juega legalmente desde cualquier paГs – https://www.casinoextranjero.es/# casino online extranjero
¡Que vivas victorias legendarias !
¡Saludos, fanáticos de las apuestas !
casinos fuera de EspaГ±a para apuestas deportivas – п»їhttps://casinosonlinefueraespanol.xyz/ casinosonlinefueraespanol
¡Que disfrutes de tiradas afortunadas !
¡Hola, seguidores de la aventura !
Ruletas innovadoras en casinos online extranjeros – https://www.casinosextranjerosdeespana.es/# п»їcasinos online extranjeros
¡Que vivas increíbles jugadas espectaculares !
¡Bienvenidos, participantes del desafío !
Casino por fuera con verificaciГіn opcional rГЎpida – п»їhttps://casinofueraespanol.xyz/ casinos online fuera de espaГ±a
¡Que vivas increíbles recompensas fascinantes !
¡Hola, amantes de la adrenalina !
casino online fuera de EspaГ±a con bonos semanales – п»їhttps://casinosonlinefueradeespanol.xyz/ casino por fuera
¡Que disfrutes de asombrosas logros notables !
¡Saludos, entusiastas del éxito !
Casinos extranjeros con promociones por lealtad – п»їhttps://casinoextranjerosdeespana.es/ casinoextranjerosdeespana.es
¡Que experimentes maravillosas momentos irrepetibles !
Hello admirers of clean lifestyles !
Air Purifier for Smoke Smell – Odor Removal Machines – http://bestairpurifierforcigarettesmoke.guru air purifier cigarette smoke
May you experience remarkable wholesome breezes !
¡Hola, buscadores de recompensas excepcionales!
Casinos no regulados con juegos de casino en vivo – п»їhttps://casinosinlicenciaespana.xyz/ casinosinlicenciaespana
¡Que vivas increíbles victorias memorables !
¡Bienvenidos, exploradores de posibilidades !
Casinos no regulados para espaГ±oles – п»їmejores-casinosespana.es https://mejores-casinosespana.es/#
¡Que experimentes maravillosas momentos inolvidables !
¡Saludos, apasionados del ocio y la emoción !
Casino sin verificaciГіn con tragamonedas populares – https://emausong.es/ mejores casinos sin licencia en espaГ±a
¡Que disfrutes de increíbles jugadas impresionantes !
¡Hola, seguidores de la aventura !
Casino online sin licencia y sin censura – https://www.casinosonlinesinlicencia.es/ casino sin registro
¡Que vivas increíbles giros afortunados !
Greetings, strategists of laughter !
Adult joke of the hour – open and laugh – https://jokesforadults.guru/# actually funny jokes for adults
May you enjoy incredible epic punchlines !
¡Saludos, seguidores de la emoción !
Casino online bono bienvenida sin verificaciГіn – https://bono.sindepositoespana.guru/ casino online bono por registro
¡Que disfrutes de asombrosas triunfos inolvidables !
Hello caretakers of spotless surroundings !
For multi-room setups, the best air purifiers for smokers offer full coverage and automatic control. They sense pollution levels and respond instantly. Investing in the best air purifiers for smokers makes a noticeable difference.
Try an air purifier for smoke smell in closets or storage rooms to keep fabrics fresh. These units are compact but highly effective. best air purifier for cigarette smoke You’ll notice the improvement within hours.
Air purifier to remove smoke fast and easy – п»їhttps://www.youtube.com/watch?v=fJrxQEd44JM
May you delight in extraordinary serene sensations !
facebook ad accounts for sale account market account selling platform
buy aged facebook ads account account buying platform account marketplace
Greetings to all game enthusiasts !
The fastest way to bet is through 1xbet ng login registration using your mobile. Nigerian users can also scan QR codes to log in. 1xbet registration nigeria With 1xbet ng login registration, transitions are instant between sportsbook and casino.
1xbet nigeria registration online is designed for accessibility and speed across all major browsers. Nigerian users can register with one click and deposit funds instantly. Bonuses and free bets are often awarded during 1xbet nigeria registration online promotions.
Start with 1xbet nigeria registration bonus offer – п»їhttps://1xbetregistrationinnigeria.com/
Hope you enjoy amazing payouts !
Saludo cordialmente a todos los companeros de ruleta !
Las casas apuestas extranjeras ofrecen a los jugadores espaГ±oles mГЎs libertad que las reguladas. casas de apuestas extranjeras Muchos usuarios eligen casas apuestas extranjeras porque permiten mejores cuotas y mГЎs promociones. AdemГЎs, registrarse en casas apuestas extranjeras suele ser rГЎpido y sencillo.
Las casas de apuestas deportivas internacionales ofrecen a los jugadores espaГ±oles mГЎs libertad que las reguladas. Muchos usuarios eligen casas de apuestas deportivas internacionales porque permiten mejores cuotas y mГЎs promociones. AdemГЎs, registrarse en casas de apuestas deportivas internacionales suele ser rГЎpido y sencillo.
casasdeapuestasextranjeras.xyz con promociones y mercados internaciona – п»їhttps://casasdeapuestasextranjeras.xyz/
Ojala disfrutes de increibles triunfos !
casas de apuestas deportivas internacionales