President Bola Tinubu has appointed a steering committee for the implementation of the presidential initiative on Compressed Natural Gas (CNG).
The committee’s primary focus will be to develop strategies aimed at expediting the implementation of the presidential directives regarding the CNG initiative.
The committee will also be working on the development and promotion of natural gas as an alternative fuel source, in line with the commitment of president Bola Tinubu to mitigate the impact of fuel subsidy removal on the people of Nigeria.
According to the statement released recently, by the presidency via it’s account on the X platform the steering committee is headed NY the acting Chairman of the federal Inland Revenue Service (FIRS), Zacheaus Adedeji.
Other members of the committee are Mrs. Olu Verheijen, special Adviser to the president on Enemy, Engr. Farouk Ahmed, the Authority Chief Executive of the Nigerian Midstream and Downstream petroleum Regulatory Authority (NMDPRA)’ Dr.Armstrong Takang, Managing Director of Ministry of Finance Incorporated ( MOFI), MR.Olalekan Ogunleye, the Executive Vice president of gas, power,and New Energy at NNPC Limited, Mr.Toyin Subair Senior Special Assistant to the president (Domestic), Mrs. Denike Laoye, Senior Special Assistant to the president (Finance).
CNG initiative is among the policies introduced by the present administration to cushion the effect of the oil subsidy removal which has led to a sharp increase in the pup price of petrol in the country.
