President Bola Ahmed Tinubu has approved an expansion of the Presidential Initiative on Compressed Natural Gas (PiCNG) to include electric vehicles.
The initiative will now be known as the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (PiCNG & EV). It will serve as the lead agency coordinating Nigeria’s entire clean mobility strategy, encompassing both gas-powered vehicles and electric vehicles (EVs) across the country.
Under the expanded mandate, PiCNG & EV will continue deployment of CNG infrastructure including Mother and Daughter Stations, Integrated Refuelling Units, CNG vehicles, conversion programmes, and related equipment. At the same time, it will spearhead the development and rollout of electric vehicles, EV charging infrastructure, and associated investments nationwide.
President Tinubu has directed the Executive Chairman of PiCNG & EV to immediately establish a coordinated framework for the rapid deployment of vehicle conversion kits across Nigeria, ensuring they remain affordable and accessible to ordinary citizens.
To achieve this, the initiative will collaborate with CreditCorp Nigeria, financial institutions, and other partners to develop innovative, cost-effective financing models that make conversions widely available to the public.
Additionally, the President has ordered the accelerated rollout of Mobile Refuelling Units (MRUs) to quickly expand access to CNG.
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
