Categories: News

President Tinubu, Sanwolu’s Commitment and investment in CNG commendable – Jacky Hathiramani

The Managing Director/CEO of Dana Motors has commended President Tinubu, the Lagos state governor, Babajide Sanwolu for their commitment and massive investment in CNG as part of efforts to promote cleaner energy across the country.

Jacky Hathiramani while disclosing this during a chat with newsmen recently in Lagos, said as you may be aware, ”The Compressed Natural Gas (CNG) Conversion Incentive Program, spearheaded by the Presidential Compressed Natural Gas Initiative (PCNGi), is designed to alleviate the impact of rising fuel costs and promote the adoption of cleaner energy sources for transportation and this initiative has a massive $75m investment from the Federal government.

Advertisement

‘The Lagos state government apart from providing businesses in Lagos, a very friendly environment to operate; is also investing heavily in CNG creating a holistic ecosystem that includes exploration, production, storage and retailing, while encouraging key stakeholders like Dana Motors as this is a pivotal step towards a sustainable energy future for our country.”

For us at Dana Motors, we are leading the charge for greener tomorrow and local assembling of Kia hybrid and Compressed Natural Gas (CNG) vehicles while still playing a key role in shaping the future of energy in Lagos and Nigeria with our recent partnership with Portland Gas.”

Advertisement

Hathiramani, called for massive adoption of CNG, adding that the product has many benefits for individuals, households, businesses and the nation’s economy stating further that CNG is more cost-effective and will reduce over reliance on traditional fuels.

Having bagged numerous design and CSR awards both locally and internationally, Dana Motors since inception has been in the forefront of providing innovative automotive solutions to the Nigerian Market with a state-of the heart vehicle assembly plant in Lagos

Advertisement
citynews

Recent Posts

Car Dealer Surprises Davido With Brand New Escalade To Celebrate His Birthday

    A car dealer has gifted Nigerian singer Davido a new vehicle for his birthday.  …

7 hours ago

PDP Crisiss: Damagum Holds Closed-Door Meeting With State Chairmen

There is palpable tension in the Peoples Democratic Party (PDP) after the acting National Chairman…

7 hours ago

Reevaluate your economic policies….they have worsened lives of Nigerians – ACF tells President Tinubu

The Arewa Consultative Forum says the policies of the President Bola Tinubu-led administration has worsened…

7 hours ago

Man found d3ad in Ogun hotel room four days after arriving from U.S

The Ogun State Police Command has confirmed the d3ath of one Sunday Abidoye, whose lifeless…

8 hours ago

Elon Musk, Vivek Ramaswamy outline plan for ‘large-scale firings’ in federal workforce under Trump

WASHINGTON — Tech entrepreneurs Elon Musk and Vivek Ramaswamy outlined a plan Wednesday for President-elect Donald Trump to oversee…

8 hours ago

NEWSPAPER HEADLINES FOR THURSDAY 21ST NOVEMBER 2024

NEWSPAPER HEADLINES FOR THURSDAY 21ST NOVEMBER 2024. *PUNCH* Tinubu’s policies worsening North’s condition – ACF…

8 hours ago