CNG vehicles, kits to attract zero import duty

Federal Government has disclosed plans to waive import duties on vehicles with Compressed Natural Gas as well as CNG kits to encourage making existing vehicles CNG-complaint.Federal Government has disclosed plans to waive import duties on vehicles with Compressed Natural Gas as well as CNG kits to encourage making existing vehicles CNG-complaint.

The engagement with North Central II and South West II was attended by chieftains and members of transport unions in Ekiti, Kwara, Ondo, Kogi, and Osun states. Oluwagbemi narrated advantages of the CNG vehicles over petrol vehicles, saying that CNG versions run on clear and better energy for a safe environment.

Ekiti State Commissioner for Transportation, Kehinde Ajobiewe, said the CNG conversion programme would alleviate the suffering of the nation’s transporters, while the Special Adviser to Ondo State Governor on Transport, Olugbega Omole, described the programme as a laudable initiative that all should key into.

Nigeria has generated $15.2 million from the exportation of gemstones and emerged as the 30th largest exporter worldwide. This is a significant achievement for the country’s extractive industry. Sahara Power Group has signed a Memorandum of Understanding with Pan-Atlantic University to drive enhanced human capital in the power sector through transformative engineering education, fostering collaboration across industries.The police in Ogun State have arrested a 29-year-old suspected ritualist, identified as Olajide Abidemi, from Abule Afa community in the Mowe area of the state.

Source: Car News Wire (carnewswire.net)

Michael Oluwagbemi Zero Import Duty

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