Connect with us

Education

JUST IN: President Tinubu Announces New Fuel Prices, Incentives for CNG Adoption

Published

on

TINUBU

In a significant announcement, President Bola Tinubu revealed that Nigerian motorists can now purchase a litre of Premium Motor Spirit (petrol) at N1,000. During a meeting with executives of the Nigerian Independent Petroleum Company (NIPCO) at the State House in Abuja, Tinubu also noted that the equivalent of a litre of petrol in Compressed Natural Gas (CNG) can be acquired for N200. This pricing shift aims to encourage the adoption of cleaner energy alternatives among motorists.CONTINUE FULL READING>>>>>

Tinubu made these remarks on Tuesday, stating, “Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200.” He further emphasized the government’s commitment to incentivizing commercial motorists to transition from petrol to gas at no cost. This initiative is part of a broader strategy to promote cleaner and more affordable energy solutions across the country.

The meeting was significant, as it underscored the administration’s focus on energy transition efforts. According to a statement issued by the president’s Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu commended NIPCO for its contributions to this initiative. “The President commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI),” the statement read.

Tinubu acknowledged NIPCO’s role as a vital player in enhancing the adoption of CNG as an alternative  fuel. He noted that such investments align closely with his administration’s objectives of ensuring energy security and economic diversification. “He emphasized the importance of public-private partnerships in driving the transition to cleaner and more affordable energy solutions for Nigerians,” the statement elaborated.

In his remarks, the president praised NIPCO’s “Switch to CNG” campaign, which has been instrumental in increasing public awareness and providing affordable CNG conversion kits. He noted that this effort has been significant even before the official launch of the Presidential CNG Initiative. “In January 2024, NIPCO said it had invested over N100 billion to lay pipelines for easy access to CNG from existing major trunks across its operating states and to build CNG stations across the country,” the statement highlighted.

Tinubu expressed optimism about the PCNGI’s potential to reduce Nigeria’s reliance on petrol, stating that it aims to cut down fuel costs for consumers. “The CNG, being a cleaner and more affordable fuel, reduces the carbon footprint and saves consumers significant fuel costs,” he added, reinforcing the environmental and economic benefits of this transition.

The president reiterated his administration’s commitment to fostering a conducive environment for private sector investments. He emphasized the need to expand Nigeria’s CNG infrastructure to enhance energy efficiency and stimulate economic growth. “I encourage NIPCO to continue its innovative approach to CNG expansion while supporting the government’s broader goals in the energy sector,” Tinubu urged.

In response, NIPCO’s director expressed gratitude for the president’s unwavering support of the CNG sector. He reaffirmed the company’s commitment to deepening its partnership with the government to ensure Nigeria’s energy transition remains on course. “NIPCO has been a key player in various sectors of Nigeria for over four decades and will continue to believe in Nigeria for the long term,” he assured.CONTINUE FULL READING>>>>>

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Education

EXCLUSIVE: Nigerian Govt renames University of Abuja as Yakubu Gowon University

Published

on

By

The Nigerian Government has renamed the University of Abuja after former military Head of State, General Yakubu Gowon.CONTINUE FULL READING>>>>>

The institution will henceforth be known as Yakubu Gowon University.

Minister of Information and National Orientation, Mohammed Idris announced the name change shortly after the last Federal Executive Council meeting for the year 2024, chaired by President Bola Tinubu.

He explained that the decision was taken in recognition of the enormous contribution of Gowon to nation building.CONTINUE FULL READING>>>>>

Details later…

Continue Reading

Education

EDUNEWS: I Wept like a Baby Day I Departed Abuja to be King, Oba Abolarin Recounts as He Bags Honorary Doctorate from Achievers University

Published

on

By

Oba Adedokun Abolarin, Aroyinkeye 1
Oba Abolarin delivering as the Olori looks in adminration
Oba Abolarin delivering as the Olori looks in adminration

Normally, the day should have been one of the happiest days in his life. Ironically, it turned out to be his saddest. That was the day in 2006 when he left  Abuja for Oke-Ila Orangun, his native land in Osun State, to begin the traditional rites leading to his coronation as the town’s new monarch, the Òràngún of Òkè-Ìlá.CONTINUE FULL READING>>>>>

Prior to that, then Prince Adedokun Abolarin, whose friends fondly called Doxy, had been lecturer at the defunct Oyo State College of Arts and  Science (OSCAS), Ile-Ife, where he taught Government; principal partner at Dokun Abolarin & Co., his firm of Solicitors and Legal Consultants, which had served as Company Secretary to various corporations like: Prince Adedeji Adeleke’s Pacific Holdings, Tell Publications (Publishers of Tell Magazine), Peachtree Communications Limited, Sportsmark International, Springtime Development Foundation, and, lastly, as Legal Adviser to then Senate President, Senator Anyim Pius Anyim.

But as he recalled during the convocation ceremony of Achievers University, Owo, Ondo State, where he bagged a honorary Doctorate, Saturday, the soon-to-be-installed King was overwhelmed with strong emotions-the uncertainty of leaving his comfort zone in Abuja for a homestead where he never spent seven days at a go; uncertainty about what the future beholds; and most importantly, the real reason why God wanted him to be King at the time.

“It was like I was moving from grace to grass,” Oba Dr. Adedokun Omoniyi Abolarin, Aroyinkeye I, recounted as he addressed the distinguished audience at the graduation ceremony. The thought of him, being one of the first set of elites produced by Oke-Ila, now being “uprooted to go back” to the purely agrarian community was too much to bear. And he wept like a child as he took a long, last look at the capital city he was leaving behind.

But you may have another thing coming if, for a second, you imagine that would be the last time Oba Abolarin would betray such strong emotions. As he recalled also on Saturday, Friday, December 8, 2006, the day of his coronation as King, was the saddest in his entire life.

“My life’s story on the throne is a chequered one,” he told the audience. “When I left Abuja, in 2006, and I got to the city gate, I looked back, and I cried. It was like I was moving from grace to grass. I didn’t go to school to be a King. I wanted to be one of the major players like the Yakubu Dogaras of this world. I wanted to be a major player in the affairs of men in Nigeria.

“So, I went to school. And to the glory of God, I was well educated. In my time, and now, I went to, if not the best university, one of the very best universities, if not the best university in Nigeria, in Africa that we are all very proud of-the then University of Ife, now Obafemi Awolowo University.

“The crown getting on my head on December 8, 2006, exactly 18 years ago, that was the saddest day in my life. But I didn’t know that God has a purpose for me: that ‘go back to your root’, a root that I didn’t have the grace of staying there seven days at a go until I became the King. The thought of one of the first set of elites in that community and now being uprooted to go back there! I thank the Lord Almighty for the grace. It is now that I know. (Then, facing the fresh graduates, he said…) my children, never run away from service.”

It is 18 solid years since Oba Abolarin left  Abuja to become King. And the purpose of God has long been made manifest in his life through the Oba Abolarin College, a tuition-free secondary school that he established for brilliant but indigent street kids, who would never have had access to quality  education.

Through the school, Oba Abolarin has not only effectively fought poverty among his people in Oke-Ila and across towns in Osun State, but also across the 36 states of the Federation, and Abuja, where his students come from. Today, the college has produced university graduates who are shinning like diamonds in their diverse disciplines.

It is for this great service to humanity that the Achievers University honoured Oba Abolarin with a honoris causa Doctorate on Saturday. He was decorated by an appreciative Pro-Chancellor of the University, the Rt. Hon. Yakubu Dogara, a former Speaker of the House of Representatives.

2nd from left-The Vice Chancellor, the Pro-Chancellor, Rt. Hon. Yakubu Dogara, Oba Abolarin and his Olori, the Olowo of Owo Kingdom, as monitored on Channels Television

An elated Oba Abolarin thanked the university’s management, and Council and the Pro-Chancellor profusely for the great honour bestowed on him.

He also threw a challenge at the freshly-minted graduates, declaring: “…The future belongs to you,” especially, having passed through the crucible of preparation by the Achievers University for the glorious moments they savoured on their graduation. He told the new graduates never to run away from service because the task of rebuilding Nigeria is titanic, and requires all hands, especially the tough and well-trained muscles of the youth, on the deck.

“I said it yesterday-we are here to build,” said the swashbuckling change agent. “Nigeria is in a process of reconstruction. Nobody will develop Nigeria for us. Nobody! Anywhere in the world, people will continue saying: multinationals are leaving. Multinationals are leaving. Let them leave! Let them give us opportunity.

“It’s a pointer to all of you, my children, that stay here in Nigeria and develop Nigeria. I know the challenges are many. But the challenges that you are going to face are not greater than the challenges that I faced when I became the King.”

Then, the Òràngún of Òkè-Ìlá waxed philosophical.

“I have a prophecy for the future of this country,” he continued. “And the prophecy cannot manifest itself because those of us here (at the podium) we already going. The prophecy will be fulfilled through you (pointing at the new graduates). Nigeria of your time, I said it yesterday, will be the undisputed number 1 country in Africa. And one of the very best in the world. Please, be resolute that it’s going to be the best.

“As the biblical passage that I use all the time, the book of Isaiah 58: 12, says, your ancient ruins shall be rebuilt. And I ‘m saying that: Thou shall build the foundations of many generations; and thou shall be called the repairer of the breach, and the restorer of the path to dwell in. That is going to be your lot. And the Lord God Almighty will use you mightily. And when this prophetic manifestation shall come up, those of us that will be resting in our graves, will always give thanks to God in our graves that yes, Nigeria is indeed a beacon for all Blacks all over the world. So, shall it be.”

And the capacity audience at the Abubakar Adamu Rasheed Auditorium roared: “Amen!”.CONTINUE FULL READING>>>>>

Continue Reading

Education

IPOB’s Denial Of Their Involvement In The South East Insecurity, CDS Christopher Musa Responds

Published

on

By

 

General Christopher Musa, the Chief of Defense Staff, has reacted to the Indigenous People of Biafra’s (IPOB) denial of any role in the Southeast’s ongoing insecurity. In spite of their assertions, he said, it is generally acknowledged that IPOB, the Eastern Security Network (ESN), and other criminal groups are to blame for the region’s continued violence.CONTINUE FULL READING>>>>>

He also contrasted the profiles of bandits in the Northeast, who he described as largely illiterate, with those in the Southeast, who are more aware of the implications of their actions. He argued that this motivates the IPOB members to deny their involvement in order to evade arrest and prosecution.

He said in an interview with Arise TV, ”They always want to deny, but everybody knows, and they know that they are the ones. It’s IPOB, ESN, and again, criminal elements that are behind this insecurity in the South East.

You know, normally, when there is impunity, a lot of criminals take advantage of that, and everybody wants to be part of it. And that is what is happening. The bandits in the Northeast, basically, most of them are illiterate, and not too well learned, like the ones in the Southeast.

So, they know the implications of what they are doing, and that’s why they want to deny their involvement, because, in case they are being arrested, they don’t want to be prosecuted.”CONTINUE FULL READING>>>>>

Continue Reading

Trending