NMDPRA Seals Deal to Provide Buses in 20 Universities

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and FEMADEC Energy Limited will jointly provide Compressed Natural Gas (CNG) infrastructure that will ensure buses and other vehicles are powered by gas in 20 universities across the country.

This move is well accepted and commended in various quarters as the high cost of petrol keeps jolting commuters, and causing an increase in the cost of goods across the country.

While at the signing ceremony between NMDPRA and FEMADEC Energy Limited in Abuja, the Authority Chief Executive (ACE), Farouk Ahmed, spoke and stressed that his agency will provide the enabling environment and support projects geared towards actualising the aspirations of the Federal Government to adopt gas as the transition fuel.

The Executive Director of Midstream and Downstream Gas Infrastructure Fund (MDGIF), Mansur Kuliya, said the Fund was established based on section 52 of the Petroleum Industry Act 2021 (PIA).

Kuliya explained that the signed MOU with FEMADEC Energy Limited will hasten the deployment of compressed Natural Gas (CNG) infrastructure as a special palliative to reduce transportation cost for tertiary institutions, and to introduce clean energy towards Net Zero Agenda.

The Chief Executive Officer of FEMADEC Energy Limited, Fola Akinnola, was not left out as he took the floor and revealed that due to the recent subsidy removal which necessitated changing from traditional fossil fuel (petrol and diesel) to gas, the company proposed and agreed with the Presidential Compressed Natural Gas Initiative (PCNGI) on a strategy that involves adopting CNG-fuelled vehicles and the provision of relevant CNG infrastructure including setting up of autogas conversion centres amongst others.

“The objective is to lessen the transportation costs for the students and lecturers, on the one hand, reduce carbon emissions to meet the Federal Government net zero emissions target, and bring awareness to students in terms of gas technology and its various uses. He added that the project would target 20 Universities in the initial phase; each to be provided with 10 CNG-fuelled buses, CNG or LCNG refuelling units and storage, gas generator, and a conversion centre”, he said.

 

 

 

 

 

 

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