21/09/2024
Presidential Target on Conversion of 1 million Nigerian Vehicles into CNG Model in year 2027
(A transcribed Live TV interview edition
of Mr.Michael Oluwagbemi (CEO, Project Director)
The Federal government through President Initiative on CNG Project is Investing in 32 stations. NNPC is always Investing on 55 fueling stations that is already on ground 40 of them on the way, 6 of them will come in abuja in the last month actually another 6 is open in lagos state people already open in Abia and 32 above the Investing of which 2 have already opened in ibadan and we are hoping to get them in terms of discharging gas before the end of this month or the middle of next month, directly
He maintained that the PSGI Investing in filling stations one of them is already for first gas by the end of next week and 9 others are already on its way,of which 3 of them ready for transportation
He stresses that each of these filling stations is about *250 dollars worth of investment,* some of them up to a million dollars in the face of one filling station.. so all of these represent significant investment in economy which translate to job which also translate to allowing our citizens to be able to enable the gas to fall in vehicle at most we have cost cheaper, safer, more reliable, and constraints for the environment.
Question:
If you have one on one conversation with people on a daily basis does it concern about the safety and effectiveness of the CNG invented ?
Now if that's the case! How do you intend on reaching about 1 million people to have their figure converted, that's on the one hand.
Question:
You mentioned that if variable contains on a daily basis it won't be free from them, but we know that all of these public vehicles the owners do not even maintain the vehicles tankless maintaining the CNG.
Question:
How do you think that they will be effective in facing the agenda of the government in converting from FNG vehicle power to CNG power?
Answer: Well, i will say that having been on this for the relevant 9month, I have experienced this and found out that most people are already willing to come back, infact I will tell you that for the private conversion that is going on it result upto 9 to 12 month waiting now that are ready to convert the rate.It is not too much for the willingness to convert, is actually about the ability to commit the bottleneck that the number of available base on technician they present for them to actually judge their calculator, also learn nobody is concern about safety even though is important.
Because CNG is far safer than petrol though there's 9 out of 10 chances that petrol will want to get into an accident and explode while CNG is about 18 times less explosive than petrol.
it's bullet proof container and cylinder, which ensure that it's super safe even if it licks, they fix it quickly with a soft ignition running out of air, so CND is super safe. I have no doubt in my mind that the 1 million levy that we are trying to achieve with commercial operator especially because we are partner with most of the unions operating in the sector and we have not had any issue on whatsoever its convincing people to sign up for this initiative, the convention incentive programme is the most popular from of this government, in every state we bring to NRTW and we are moving now to Edo and delta we wanting to ensure that many people will also benefit from these initiative and after these we moving on to Ekiti and kwara, then Uyo that's Akwa Ibom and River state, they are demanding, Every state have been meeting with several Commissioner's they are all asking for PCNG to bring it to their state so, there's no much concern to be honest with you
Therefore, when it comes to safety. Petrol already are very dangerous to convey, you and I know if a car have petrol accident it burst into flames the petrol is not store in a bulletproof container unlike CNG so there's no concern at all.
Now to your second question about the maintenance of the vehicle. We are coming up with a very street protocol, infact This week we had our first debut on what we called the Nigeria guides manufacturers system NGVMS represent one structure to monitor and to regulate gas in Nigeria
Every car that is going on natural gas, when ever they are on the road they will be examined and they will make sure they meet all necessary requirements otherwise it will be rejected, we are already testing the system to ensure the smoothness of the pilot and to get across to the Nigera in order to identify any CNG vehcile
Question: What about the cost of conversion you mention earlier that private vehicle going into this initiative you mention that there will be 50% reduction.
Questn:
Looking at the dollar rate in this time what is the cost of conversion for people interested at this point, so what is the cost?
Answer:
The Conversion rate was said to enable commercial vehicles, pure commercial vehicles that as been registered with their association as commercial vehicle under Nigeria. *The installation is going to be for free* , they can sign up on our website but inspection first, once they are qualified they will get their conversion rate at 50% discount for both private or bus divers and the balance is remitted to the government purse this 50% discount is because you are not fully using the vehicle for commercial purpose so that's the program.
Question: now you talking about Private?
Answer: Yes, a lot of private are very relevant like BOVAS the conversion rate is available for them like 20 to 30 across the country as well as lagos.
And some of this private organisations are already offering a significant financial opportunity on how to get their calculator on the pricing rate
" Honesty I can't sit and tell you this is the price of conversion the guarantee of tax ensure that it will fall into 500,000 of conversion. It represent significant cost to the consumer.. base on varieties of vehicle
Ans:
Alright from what you have said it takes like 6 to 8 month to regain in terms savings and petrol a vehicle to load that's to fuel at 50,000 to 60,000 naira this is an average meter of a week and we use about 4,000 to 5,000 worth of CNG.
That means every week, thar person is saving at 50,000 naira, and if that vehicle was provided for someone at 50,000 naira that means that money will cook as low as 15 weeks which is 4 months, .which will be okay for CNG conversion,.
in fact, this is very good financial profile and I will begin to see interest from bikes and already in discussion with credit forward the other program of Mr. President to see how we can provide credit especially to civil servant and as well as pay your tax to ensure that there's financial offer.
Question:
How many jobs have you created? just give us a figure, and also talk to us about what happens some days ago that they had to call the CNG to 130 naira per litre to ease the hardship of Nigeria?
Answer:
In terms of Job created we have more than 5,000 jobs created. We talking about direct investment on conversion centre were 120 of them, about 75 of fueling stations, 4 Taxman assembly, tricycle transportation and distribution additional 200 buses are made available and about 45 people been employed for every conversion centre have at least 15 attendant to support it.
For every fuel stations needs at least 5 attendant to support it.
Looking at the job creation potential ,we just achieved in the last 7 month is about 25 million dollars and we continue to push for our target which is 250,000 to 500,000 and it's achievable but now we are looking at additional 50,000 jobs to create
Question:
There's a saying that if you convert to CNG you have to change your engine, what can you say about that?
Answer: No, you don't have to change your engine, your engines actually use gas, there's no another process for transformation once your engine uses gas.
By
~ *AgroWatch online Magazine*
