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Home Technology

National Agency for Science launches conversion incentive programme

by Penpushing
August 11, 2024
in Technology
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The National Agency for Science and Engineering Infrastructure (NASENI) has launched the Presidential CNG Initiative’s (Pi-CNG) Conversion Incentive Program for rideshare sector, alongside the introduction of the MY-CNG App.

Penpushing reports that the landmark event took place at the Agency Compressed Natural Gas Engineering, Training, and Conversion facility in Utako, Abuja, Federal Capital Territory (FCT) reflecting the agency’s commitment to pioneering technology-driven solutions for Nigeria.

The Executive Vice Chairman/Chief Executive Officer of the establishment Khalil Suleiman Halilu who presided over the ceremony emphasized the significance of Pi-CNG in Nigeria’s gas revolution, noting that the Initiative has quickly become central to discussions on the nation’s energy future.

‘A little over two months ago, we commissioned this all-in-one CNG facility in partnership with Portland and Dana Motors. This joint venture is part of NASENI’s vision to accelerate the delivery of market-ready products that reduce the cost of living, improve quality of life, and support President Bola Ahmed Tinubu’s Renewed Hope Agenda’, he stated.

Penpushing further reports that he explained that the Conversion Incentive Program, aimed at the rideshare sector, including Uber and Bolt drivers, offers a 50 per cent discount to drivers who sign up and use the newly launched MY-CNG App.

“CNG is a cleaner, more affordable vehicle fuel, with the potential to reduce transportation costs by up to 70 per cent and deliver 40 per cent savings for car owners,” the EVC/CEO explained. He stressed that this initiative is a response to the current economic challenges, offering a viable solution to reduce the cost of living for Nigerians’, he added.

Penpushing also reports that Halilu highlighted the importance of collaboration in achieving these milestones, commending partners Pi-CNG, Portland, and Dana Motors for their dedication, stressing that working together will transform Nigeria’s energy and transportation sectors.

The Chief Executive Officer pointed out that the launch of the MY-CNG App and the Conversion Incentive Program reflect the agency commitment to leveraging technology to drive national transformation.

Penpushing reports that Halilu reiterated the agency role as a technology enabler, partnering with the private sector to bring innovative solutions to market and support national development goals, including energy efficiency, climate action, job creation, and poverty alleviation.

‘NASENI remains Nigeria’s leading technology-transfer agency, purposely-built to fostering innovation, research, and development to support the country’s industrial growth and economic sustainability’, he emphasised.

Penpushing further reports that the event was attended by Minister of State (Gas), Petroleum Resources, Hon. Ekperipe Ekpo, who served as the Special Guest of Honour, alongside Minister for Information and National Orientation, who was represented by the Director-General of Federal Radio Corporation of Nigeria (FRCN), Dr Muhammed Bulama and other ecosystem players.

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