Beauty Queen “Beauty Tukura” indeed looks good in just about anything. But when it comes to posing for a photoshoot, the reality star proves time and again that you can be comfortable, fun, or even tell a beautiful story without uttering words.

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How Okada riders changed rice farming in Lagos, Ogun

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Rice farming in Magboro along the Lagos- Ibadan expressway in Ifo Local Government Area of Ogun State is now attracting people of various classes and business backgrounds, thereby boosting economic growth and food security in the area and Ogun State at large.

 

Muhammed Bello, the chairman of Albarka farmers’ group, who expanded the rice project using mechanised farming in the area told Weekend Trust that it was some Northern commercial motorcyclists known as Okada riders in Magboro, who initiated it, but on a small scale.

 

“Most of them are my boys, and I supported them financially when they started. I used to give them loan ranging from N1 million to N10 million and whenever they harvested, they would pay me back. It was later on they urged me to join them in the farming, and when I visited the site, I realised that it’s a fertile land suitable for all kinds of farming, hence I liaised with the traditional rulers and other stakeholders. We then acquired hectares of land and initiated mechanised rice farming on a large scale.

 

“I also employed the services of young farmers’ group and with our resources and the effort we put in, it is yielding good results and we gained the state government’s recognition through the Commissioner for Agriculture and Food Security, Bolu Owotomo, who visited us.

 

“What motivated us more is that Ogun State governor, Prince Dapo Abiodun was the one who flagged off our first rice harvest this year. The governor has motivated us to do more, and as I speak now, we are still harvesting rice. We will harvest some in the next two weeks, as we are also preparing for dry season farming where we will deploy solar system to water the farm”, he said.

 

Bello said the potentials in rice farming are now being harnessed by youths from different professions, businesses and backgrounds who are coming from different parts of the state and the neighbouring Lagos State, adding that Osun State government also contacted him to initiate the project in Osun.

 

“Many people are now showing interest to farm with us. We have many professionals who are already farming here, including lawyers, police, civil servants, business men, among others and as we are ready to replicate the project in Osun State on the invitation of the state government. It means that the project will be expanded to other South-west states as the authorities of the Lagos Rice Mill in Imota Ikorodu, have also shown interest in our products. If governments at all levels support the system, there will be food security and jobs in the region and the country,” Bello said.

 

Sa’id Habib, who used to be a commercial motorcycle rider in Magboro, is now into rice farming. He said he once conveyed the initiator, Muhammed Bello, to the farm on his bike, and from there he developed interest in farming.

 

“After visiting the farm, I developed interest and asked him to give me a piece of land. He also supports me financially and with technical skills. I am now a full-time farmer as it pays more than Okada riding”, Habib Said.

 

Also, Kaneshi Daniel, a trader at Alaba International Market, who has ventured into rice farming, said he has also introduced it to his friend, who is a lawyer.

 

He said, “I used to farm in my village but manually and on a small scale. This is the first time I am farming in the South-west and using advance equipment. It was my friend, Bello, who introduced me to it. I have also introduced many of my friends to it. In fact, I introduced it to a female lawyer who is now part of us. I will harvest my own rice in the next two weeks, and as I am in the farm today, tomorrow I will be in my shop at Alaba,” he said.

 

Nasiru Abubakar, a graduate who has been in the Bureau De Change business in Lagos for decades has also gone into rice farming.

 

He told Weekend Trust that after he graduated, he secured a job in his Local Government in Kebbi State, where he was paid N23,000 monthly.

 

“I read Financial Accounting at a polytechnic. The monthly salary from my local government then couldn’t sustain me and my family. So, I came to Lagos, where I found myself in the Bureau De Change business, trading in foreign currency, but with the challenge we are facing in that business, I had to look for alternative,” he said.

 

Canadian Miners discover another 1,094-Carat Diamond in Botswana

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Lucara Diamond has recovered a 1,094-carat diamond at its Karowe mine in Botswana, mere weeks after unearthing a record-breaking 2,492-carat stone.

 

The latest discovery, marking the sixth diamond over 1,000 carats from the site, further cements Karowe’s reputation as one of the world’s most prolific sources of high-value diamonds.

 

This comes as the mine undergoes a $683 million underground expansion aimed at increasing access to deeper, richer deposits.

 

The newly recovered diamond, noted for its “striking similarities” to a 692-carat stone sold last year for $13 million, will now be polished by Lucara’s long-term manufacturing partner, HB Antwerp.

 

The recovery of this exceptional gem is particularly significant as it comes from the same ore type that Lucara plans to target during the initial stages of its transition from open-pit to underground mining.

 

William Lamb, President and CEO of Lucara Diamond, expressed confidence in the potential of the Karowe mine, stating, “This latest discovery further validates our decision to invest in underground expansion. The continued recovery of large, high-value diamonds demonstrates the consistent quality of our resource and its ability to deliver significant returns to our shareholders. As we move forward with underground development, we are increasingly confident in Karowe’s long-term capacity to produce legendary diamonds, solidifying our leadership in the high-end diamond market.”

 

What to know

Karowe, once known as the AK6 kimberlite project, has had a turbulent corporate history. Initially owned by a joint venture between De Beers and African Diamonds, the mine’s future was hotly contested. De Beers, the majority shareholder, was sceptical about the site’s potential, leading to a corporate clash.

 

African Diamonds, founded by mining entrepreneur John Teeling, brought in Lucara as an ally to buy out De Beers. Lucara eventually took full control of the deposit, and the success of Karowe has proven the decision to be astute.

 

The Karowe mine’s recent string of discoveries has provided a timely boost to Botswana’s diamond sector, which accounts for roughly a quarter of the country’s GDP.

 

These large-scale finds come at a crucial time, offering some relief to a global diamond industry grappling with the rise of lab-grown diamonds.

 

Lucara’s discovery of the 2,492-carat stone is the largest gem-quality find since the 3,106-carat Cullinan diamond, which was unearthed in South Africa in 1905.

 

That diamond later became part of the British Crown Jewels, adding a historic weight to Lucara’s latest achievements.

 

The recovery of these colossal gems not only underscores the exceptional quality of the Karowe mine but also reinforces Botswana’s position as a global leader in diamond production.

 

As Lucara continues its underground expansion, further discoveries of high-value stones are expected, ensuring Karowe remains a critical player in the diamond market for years to come.

 

Paschal Onyeka, The Walking Content with a Heart of Gold

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There are countless ways to describe Paschal Onyeka Chigbo, fondly known as Onyeka, the standout BBNaija “No Loose Guard” housemate. But the truth is, Onyeka is beyond definition—she is exactly what the show needs. From day one, she’s consistently proven to be a walking powerhouse of content with a heart of gold. While she doesn’t claim to be perfect, Onyeka’s quest for growth and self-improvement has drawn both admiration and criticism from online warriors and fellow housemates alike.

Despite facing backlash, Onyeka continues to rise above, turning her critics’ actions into fuel for her strength. Her vindication during the eviction night on Sunday, the 15th, allowed the world to see her from a new, deeper perspective. Yet, even as doubters persist, their efforts seem trivial compared to her grace under pressure.

Remarkably, Onyeka didn’t participate in pre-show photoshoots and lacks the kind of PR push many of her fellow housemates enjoy. Yet, she remains a queen in her own right, capturing hearts without the need for fanfare. Her fans are unwavering in their support, and she continues to hold her place in the house eight weeks in, proving her worth in the process.

Onyeka’s inquisitive nature, stemming from her legal background, sets her apart. Although she’s been called many names, no one can pinpoint a true offense, and that’s because Onyeka’s authenticity shines through. Loved by many, she’s here to stay, and her journey in the house is far from over.

Nigeria ranks third in African countries with most generous people

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Nigeria has been ranked third in the list of countries with the most generous people in Africa according to the World Giving Index 2024.

 

In the list, Kenya ranks number one in Africa and second globally while The Gambia and Liberia rank second and fourth.

 

According to the World Giving Index, by the Charity Aid Foundation (CAF), “Kenya’s position in the World Giving Index is both impressive and encouraging considering the nation’s battle with a rising cost of living and growing unemployment.

 

Read Also: Nigeria ranks 3rd in African countries with largest Naval Fleet in 2024

“As a nation with a young population, the high ranking on volunteering and the willingness to help a stranger is a positive indicator of the “utu” spirit which signifies humanity. Kenyans’ actions around donating money also indicate how important it is to help with what one has,” the report says.

 

The report also revealed that 4.2 billion people gave money, time, or helped someone they didn’t know in 2022. This number represented 72% of the world’s adult population.

 

Here is a list of countries with most generous people in Africa

1. Kenya (no. 2 globally)

 

2. The Gambia (no. 4 globally)

 

3. Nigeria (#5 globally)

 

4. Liberia

 

5. Guinea

 

6. Sierra Leone

 

7. Ghana

 

8. Ethiopia

 

9. Chad

 

10. Libya

EFCC Secures N342 million forfeiture from Nigerian accused of fraudulently diverting UK Company’s £2 Million 

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EFCC Secures N342 million forfeiture from Nigerian accused of fraudulently diverting UK Company’s £2 Million

EFCC’s Investigation

In the motion marked FHC/ABJ/CS/1260/2024, exclusively seen by Nairametrics, EFCC lawyer Ogechi Ujam Esq. sought the court’s interim order to forfeit the sum of N342,545,933.75, reasonably suspected to be proceeds of unlawful activity, to Lineroom Limited through the Federal Government of Nigeria.

 

She submitted that a preliminary investigation into the petition revealed that the suspect, Ayomide Otubanjo Oluseun, owner of VHC (Nigeria) Limited, fraudulently diverted substantial funds belonging to Lineroom Limited, a company based in the United Kingdom, to the account of VHC (Nigeria) Limited domiciled in a Nigerian bank.

 

She explained that the suspect fraudulently executed a loan agreement between Lineroom Limited and VHC (Nigeria) Limited and imported a total sum of £2,000,000 in four tranches of £500,000 from Lineroom Limited’s account in the United Kingdom to VHC (Nigeria) Limited’s account in Nigeria.

 

She added that the diverted funds are due to be restituted to Lineroom Limited through the Federal Government of Nigeria.

 

In the affidavit accompanying the motion, dated August 26, 2024, Gidado Abdulkadir, an investigator with the EFCC, stated that Ecclestarn Limited appointed the suspect as the sole administrator of one of its subsidiary companies, Lineroom Limited, to oversee its affairs.

 

He stated that in November 2017, the suspect, being the sole administrator of Lineroom Limited and with alleged intent to defraud the company, approved the purported loan applications by his company, VHC (Nigeria) Limited, for a loan facility of £2,000,000.

 

The suspect was accused of fraudulently executing a loan agreement between Lineroom Limited and VHC (Nigeria) Limited and signing on behalf of both companies.

 

He stated that the suspect, through VHC (Nigeria) Limited, wrote to a Nigerian bank, informing the bank of its intent to bring in a capital investment of £1,000,000 (One Million British Pounds) and also requesting the bank to sell the funds, credit the company’s account with the proceeds, and issue a certificate of capital importation.

 

“The suspect also attached a board resolution from VHC (Nigeria) Limited to that effect. A copy of the letter to the bank and the board resolution is attached and marked Exhibit EFCC 4A & 4B, respectively,” he stated.

 

According to the investigator, the bank approved certificates of capital importation for the £2,000,000. Upon receipt of the funds into the account of VHC (Nigeria) Limited, the suspect used the funds to purchase time deposits and treasury bills in the bank.

 

He said that upon maturity of the time deposits, the matured deposits and interest were deposited into the personal account of the suspect, Otubanjo Ayomide Oluseun.

 

“Upon maturity of the treasury bills, the suspect liquidated the matured treasury bills and invested them in Guaranty Trust Fund Managers Limited to the tune of N149,999,642.38.

 

“That the invested funds at Guaranty Trust Fund Managers Limited are worth N155,725,933.75 (One Hundred and Fifty-Five Million, Seven Hundred and Twenty-Five Thousand, Nine Hundred and Thirty-Three Naira, Seventy-Five Kobo),” he stated, adding that the suspect also invested N100,000,000 in another venture.

 

The EFCC told the court that the suspect was invited to its office, where he volunteered a written statement under caution, “admitting that he signed all the documents for the purported loan facility from Lineroom Limited without authorization from the holding company, Ecclestarn Limited, and further stated that he used the funds as working capital for VHC (Nigeria) Limited and is willing to refund the monies to Lineroom Limited.”

 

The EFCC urged the court to hold that it is pertinent for the funds in dispute to be forfeited to the UK company through the Federal Government of Nigeria, as recovery of the sum fraudulently diverted from the company.

 

What the Judge Said

Ruling on the motion on September 10, 2024, Justice Emeka Nwite said the application was meritorious and granted it.

 

He also directed the publication of the interim forfeiture order in any national daily for anyone interested in the funds sought to be forfeited to appear before the court to show cause within 14 days of the publication why the final order of forfeiture of the funds to Lineroom Limited, through the Federal Government of Nigeria, should not be made.

 

The case was adjourned to November 5, 2024, for a hearing.

 

What you should know: When a forfeiture order is made by a trial court, the asset is handed over to the federal government. However, since the trial court’s order is interim, affected parties are entitled to approach the court to set it aside.

 

 

 

Sterling Bank concludes core application migration, leads the way for African Banking

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Nigeria’s leading commercial bank and Africa’s most agile company, Sterling Bank Limited, has made history by migrating to what is believed to be the continent’s first ever indigenous core banking solution called SeaBaaS.

 

The implementation of SeaBaaS, developed by Peerless, marks the completion of a new banking system announced to customers in August 2024.

 

This strategic move positions Nigeria as a leader in digital banking, driven by local talent and cutting-edge technology.

 

Leveraging advanced data analytics and artificial intelligence, the system promises to enhance customer experience and operational efficiency, providing smarter, faster financial services.

 

Speaking on the achievement, Abubakar Suleiman, CEO of Sterling Bank, said SeaBaaS is the first fully developed core banking platform that is wholly built and owned by an African technology company.

 

He described the development as the start of a new revolution in Africa’s drive for economic self-sufficiency, noting that the intellectual property underpinning SeaBaas will be available to partners across the continent in the coming months.

 

For regulators, it ensures greater transparency, robust reporting, and compliance with evolving standards.

 

“Partnering with Peerless to create SeaBaaS is not just a milestone for us; it is a renewal of our resolve and ambition to remain a world-class organization. It is proof that African institutions can do great things that will make the world stand up and take notice of us,” said Suleiman.

 

“We are once again proving that the notion of Nigerian banking being one of the most technologically advanced is not just a myth, but a reality that is manifested in the quality of solutions we can develop, and services we can deliver to our customers.”

 

Suleiman explained that the transition to SeaBaaS represents many things to many people. “For the African banking industry, it is the continent’s first indigenously conceived and engineered core banking application, built and owned entirely by a Nigerian company, with every line of code, database configuration and interface proudly African, delivered by homegrown talent.

 

“For our customers, it offers faster transactions, enhanced security and innovative financial products tailored to their needs. For regulators, it ensures greater transparency, robust reporting and compliance with evolving standards.”

 

The bank’s CEO acknowledged the challenges faced during the implementation, stating that implementation issues had been resolved, with the institution’s full bouquet of digital banking services being restored in phases for customers’ use.

 

According to him, “This successful deployment reminds us that nothing truly valuable comes without challenges. While this transition has tested our systems and patience, it also reinforced our commitment to innovation and excellence. We enter this new phase confident that the migration will deliver unmatched efficiency and transformative customer experiences.”

 

He also pointed out the financial implications of the migration, noting that African banks collectively spend hundreds of millions of dollars annually on foreign core banking systems, which exacerbates the continent’s trade balance issues. The introduction of SeaBaaS not only sets a new benchmark for Nigerian financial services but also paves the way for a future where African institutions can reduce their technology costs, thereby enhancing financial inclusion, he said.

 

Sterling Bank’s migration to SeaBaaS adds to its history of being at the forefront of market-leading innovations. The bank pioneered Nigeria’s first contactless prepaid transport card (FarePay) and the first automated retail lending solution (Specta).

 

It has also partnered with state governments to deploy innovations like the first drone delivery system for pharmaceutical consumables with Zipline in Kaduna, and digitized medical records. ‎

 

NIGERIA TAKES GIANT LEAP TOWARDS ENERGY SELF-SUFFICIENCY: CRUDE PURCHASE PRODUCT SALES IN NAIRA TRANSACTION KICKS OFF

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FEDERAL MINISTRY OF FINANCE, ABUJA

 

PRESS RELEASE

 

NIGERIA TAKES GIANT LEAP TOWARDS ENERGY SELF-SUFFICIENCY: CRUDE PURCHASE PRODUCT SALES IN NAIRA TRANSACTION KICKS OFF

 

In a landmark move towards reducing pressure on the Naira, eliminating unnecessary transaction costs, and improving availability of petroleum products, the Federal Government has successfully initiated the sale of crude to local refineries as well as corresponding purchase of petroleum products in Naira.

 

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, disclosed this today in his office in Abuja shortly after the Technical Sub-Committee meeting on the sale of crude oil to local refineries in Naira

 

Represented by the Executive Chairman Federal Inland Revenue Service (FIRS) Dr Zacch Adedeji, the Minister announced the completion of all agreements and modalities for the implementation of the Federal Executive Council (FEC) approval on the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira.

 

“Recall that the FEC under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira

This initiative will help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country

Since then, the implementation committee chaired by the Hon. Minister of Finance and the technical committee have worked intensely with NNPCL and Dangote Refinery to fashion out the details of the modalities for the implementation of the FEC approval

 

I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September

From 1st October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira

In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid for in Naira

Diesel will be sold in Naira by the Dangote Refinery to any interested offtaker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now.

All associated regulatory costs (NPA, NIMASA, etc.) will also be paid for in Naira.

 

We are also setting up a one-stop shop that will coordinate service provision from all regulatory agencies, security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in NPA, Lagos.

 

We thank everyone for the hard work and patriotism exhibited over the last couple of weeks.

 

We would sincerely like to thank Mr. President for championing this novel initiative and would like to assure Mr. President that he can count on us to implement his vision”, the Minister said.

 

This initiative marks a significant milestone in Nigeria’s journey towards energy self-sufficiency and economic growth.

 

Signed

Mohammed Manga *FCIA*

Director, Information and Public Relations

September 13, 2024

Bolaji Ogunmola: Bold, Visionary, Unstoppable.

Ranks Africa is proud to spotlight Bolaji Ogunmola, a Nollywood sensation whose talent and drive are reshaping the landscape of African cinema. With a magnetic presence both on and off the screen, Bolaji has swiftly emerged as one of the most captivating actresses and producers in the industry. From her standout performances in beloved films to her behind-the-scenes work as a storyteller and producer, Bolaji is leading a new generation of creatives, proving that her impact extends far beyond the roles she plays. Today, we celebrate her as one of Nollywood’s standout stars.

When you hear the name Bolaji Ogunmola, it’s time to stand up, doff your cap, or shower her with flowers. This Nigerian actress and producer is steadily carving out her place in Nollywood, leaving an indelible mark on the film industry. Renowned for her beauty, talent, and captivating screen presence, Bolaji has starred in and produced numerous films, collaborating with some of the biggest names in the industry.

Her passion, relentless drive, and unwavering creativity continue to shine, positioning her as one of the brightest rising stars in African cinema.In an industry overflowing with talent, Bolaji Ogunmola stands out as one of Nollywood’s most compelling actresses.

Since her professional acting debut in 2012 with the film Okon Goes to School, she has captivated audiences with her dynamic performances and unmatched versatility. With over a decade in the industry, Bolaji has delivered remarkable performances in films like Four Crooks and a Rookie, Sobi’s Mystic, The Cook, Pregnancy, On Bended Knees, and Ajosepo. Despite her onscreen success, Bolaji isn’t just shining in front of the camera—she’s making waves behind it too, with several notable producing credits to her name.

Her journey into acting began in the teenage stage, but it wasn’t until 2012 that she made her official debut. Over the past decade, Bolaji has amassed over 100 acting credits, firmly establishing herself as a beloved figure in the Nigerian film industry. Fans have grown increasingly interested in learning more about her inspiring journey, which has been marked by hard work, perseverance, and a passion for storytelling.
In a recent interview, Bolaji reflected on her early aspirations and how she discovered her passion for acting:
“I always had an idea I was going to be involved in entertainment. First, I thought it would be music, but I couldn’t sing. Then I thought it would be modeling, but I was too fat. One day at church, my drama team asked me to act the role of Esther in a play, and I did. My performance was praised, and that’s when I knew acting was my path.”

Beyond her achievements in front of the camera, Bolaji has ventured into film production, a passion that aligns with her love for storytelling. As the founder and CEO of The Ogunmola Company, she has produced several films, including No Love Lust, Dilemma, Imperfect Match, Hearts Over Time, Talking Stage, Old Habits, Yours Regardless, The Last Piece of Me, Butterflies, etc.

Her motivation for stepping behind the camera is deeply personal, as she shared in a recent interview:
“Funny enough, I always wanted to produce. From the beginning, I knew I wanted to tell stories I’m passionate about. I studied business management, and I love creating narratives that can resonate with me, you, and everyone watching. I wanted to be behind the camera, managing, and bringing these stories to life.”

Bolaji Ogunmola’s impact stretches beyond acting and production. She has used her platform to elevate emerging talents, giving them opportunities to shine. Her YouTube channel hosts an array of films, providing a stage for fresh voices and new stories.
Bolaji’s journey is a testament to resilience, creativity, and fearless ambition. Despite limited resources, she is creating a path for Black women worldwide, showing that success is possible with passion and hard work. Her growth and influence are far reaching, and her impact is undeniable.

 

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NIGERIAN ARMY DISMANTLES TERRORIST STRONGHOLDS- RESCUES KIDNAPPED STUDENTS

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In a series of strategic operations against terrorism and insurgency, troops of the Nigerian Army have struck a significant blow to terrorist networks, rescuing kidnapped students and seizing a large cache of weapons and ammunition. Several insurgents were neutralized, and others were captured during these coordinated efforts.

On September 12, 2024, acting on credible intelligence, Nigerian Army troops in Kaduna State executed a meticulously planned operation to free abducted individuals from extremist camps. Engaging in a fierce battle in Chigbolu village, Kachia Local Government Area, the troops successfully overwhelmed the terrorists, forcing them to abandon their captives. A thorough search of the area led to the rescue of 13 individuals—6 males and 7 females—along with the recovery of one AK-47 rifle, 87 rounds of 7.63mm ammunition, 4 magazines, a locally made rifle, and ₦192,220.00. Additionally, 5 solar panels, 5 mobile phones, dry rations, and clothing items were seized. The rescued victims have been taken to 1 Division Medical Services and Hospital for care.

In a separate operation, troops in Kachia Local Government Area apprehended two well-known terrorist logistics suppliers, Mallam Usman Waikili and Salisu Idris, at Kagarko village. The suspects were found in possession of ₦1,306,700.00, three SIM cards, 2 mobile phones, 3 national identity cards, 8 ATM cards, 2 Moniepoint POS machines, an MTN MiFi, and other items.

In another targeted raid in Suleja, Niger State, troops attacked a terrorist hideout, resulting in a fierce gunfight. The troops’ superior firepower led to the neutralization of 3 terrorists, with 3 additional suspects—identified as Mallam Halalu, Mallam Suleiman, and Mr. Musa—captured alive. The suspects guided the troops to a concealed armory, where 3 AK-47 rifles, 121 rounds of 7.62mm special ammunition, and ₦4,079,000.00 were recovered

These successful operations highlight the Nigerian Army’s commitment to dismantling terrorist networks and rescuing those in danger. The Chief of Army Staff has praised the troops for their efforts and encouraged them to maintain their aggressive stance across all operational areas.

 

#ThankASoldier #SupportOurTroops

Fuel To Sell At N230 Per Litre With CNG

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In a strategic move to reduce fuel costs and provide Nigerians with an affordable alternative to petrol and diesel, President Bola Tinubu has enabled Compressed Natural Gas (CNG) to be available for vehicles at N230 per litre.

 

This initiative provides a cheaper and cleaner alternative to petrol, which currently sells for over N900 per litre, reflecting the President’s commitment to lowering the cost of living and alleviating the pressures from petrol subsidy removal.

 

The Presidential Compressed Natural Gas Initiative (PCNGi), which was launched under President Tinubu’s directive, is set to deliver wide-reaching benefits to Nigerians by significantly cutting fuel costs.

 

The introduction of CNG as a fuel source aligns with the government’s drive towards energy diversification, and is designed to bring immediate relief to Nigerians, especially those who depend on transport for their livelihood.

 

As part of this initiative, President Tinubu has ordered one million free CNG conversion kits to be distributed to commercial vehicles involved in transporting people, food, and goods. These kits, along with free installation, will be rolled out over the next 18 months, helping the transport sector quickly transition to CNG and take advantage of the significantly lower fuel prices.

 

The distribution of these kits will be carried out in collaboration with key partners, ensuring nationwide accessibility.

 

Medical Experts Dismiss Narration Of 11 Babies’ Delivery

In the first phase of the initiative, PCNGi will begin the immediate distribution of 10,000 free conversion kits this week. These kits will be provided at no cost to transport operators through key national transport associations, including the National Union of Road Transport Workers (NURTW), Moove, UBER, and the Kaduna State Transport Authority (KSTA).

This will enable commercial drivers to switch their vehicles to run on CNG, thus easing the cost burdens for both transporters and the public.

 

The distribution process is supported by PCNGi in partnership with NIPCO Gas, which will manage the conversion process through a network of authorized conversion centers across Nigeria. These centers will provide the necessary infrastructure and services to ensure a smooth transition for vehicles switching to CNG.

 

By switching to CNG, Nigeria is embracing a cleaner, cheaper, and more sustainable fuel alternative that benefits both the economy and the environment. The government’s goal is to distribute the full 1 million conversion kits by the end of 2025, ensuring that Nigeria’s commercial transport sector is fully equipped to adopt CNG and reduce dependence on costly petrol and diesel.

 

This initiative reflects President Tinubu’s broader vision for a more resilient and economically sound Nigeria, providing citizens with a practical solution to rising fuel costs while promoting sustainable energy practices.