Nigerian, Austrian firms to make vehicles run on gas

’Femi Asu

Powergas Nigeria has struck a partnership with an Austrian clean tech company, ETEFA, to facilitate the conversion of city buses and trucks in Lagos and the Niger Delta to run on natural gas, as part of efforts to reduce gas flaring in the country.

The companies announced the alliance during a briefing on flare gas recovery in Nigeria organised with the support by the Austrian Development Agency and the Commercial Section of the Austrian Embassy in Nigeria.

They said gas flare monetisation projects could potentially save Nigeria over $2.5bn per year by reducing fuel costs in the transportation and power generation sectors by over 30 per cent.

According to a statement, Powergas will provide the necessary infrastructure for the CNG supply and ETEFA will supply gas engines and associated technology.

“Eventually, ETEFA intends to locally manufacture gas-fired buses, trucks and engines in Nigeria with its Nigerian partners,” it said.

The Managing Director, Powergas…

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New CBN DGs, MPC members assume duty

Following the Senate’s clearance, the two newly appointed Deputy Governors of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad, and Mr. Edward Lametek Adamu, formally assumed duty yesterday.

Also, the trio of Prof. Adeola Festus Adenikinju, Dr. Robert Asogwa and Dr. Aliyu Rafindadi Sanusi were also at the CBN to formally commence their tenure as members of the Monetary Policy Committee (MPC) of the bank.

Welcoming the new Deputy Governors and members of the MPC to the bank, its Governor, Godwin Emefiele, prior to their taking the Oaths of Office, congratulated them on their respective appointments by the President and subsequent confirmation by the Senate.

Emefiele, joined by Mr. Adebayo Adelabu and Dr. Joseph Okwu Nnanna, the Deputy Governors in charge of Operations and Financial System Stability (FSS), respectively, expressed gladness that the bank now had a full complement of Deputy Governors to enable it operate optimally as well as the required quorum to enable the MPC…

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Lagos waste managers created 25,000 jobs in 20yrs – AWAM

Association of Waste Managers of Nigeria (AWAM), known as Private Sector Participation (PSP) operators, says it has invested over N6 billion in waste management industry in Lagos State in the last 20 years. AWAM Chairman, Oladipo Egbeyemi, on Monday in Lagos said that members of the association had provided over 25,000 direct and indirect jobs …

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INEC tasks police on vote buying, inducement

The Independent National Electoral Commission(INEC) has called on the Nigeria Police Force to pay special attention to addressing open vote-buying as the country prepares for Ekiti and Osun governorship elections. INEC Chairman, Prof. Mahmood Yakubu made the call when he received the Inspector-General of Police (IGP), Ibrahim Idris, who paid him a courtesy visit at …

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NHIS: SERVICOM cautions hospitals against discrimination

Mrs Nnenna Akajemeli, National Coordinator Service Compact (SERVICOM) on Wednesday in Abuja warned federal hospitals to stop discriminating against patients on the National Health Insurance Scheme (NHIS). Akajemeli gave the warning while presenting the Post SERVICOM Compliance Evaluation report of evaluated hospitals to the Minister of State for Health Dr Osagie Ehanire. She said that …

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