Would you like to receive notifications on latest updates of the following headlines?

FG Buys 70 CNG Buses From Local Manufacturer

POSTED ON August 14, 2024 •   Business      BY Abiodun Saheed Omodara •   VIEWS 73
TCNG Buses

The Federal Government has acquired 70 hybrid Jet Mover buses from Jet Motor Company to improve the country's transportation system. 

The Nigerian automaker announced this in a statement on Monday. 

The buses, which run on compressed natural gas and gasoline, are expected to provide affordable and comfortable transportation for Nigerians. 

The handover ceremony took place at Jet Motor Company's plant in Ajah, Lagos State, and was attended by officials from the Ministry of Finance and representatives of the Presidential Initiative for Compressed Natural Gas.

The Technical Assistant to the Permanent Secretary of the Ministry of Finance, Dimas Hamidu, praised the high quality of the vehicles and commended the company for its excellent work.

He stated that the hybrid vehicles were a testament to President Bola Tinubu's administration's commitment to alleviating the hardships caused by the removal of fuel subsidies.

According to Hamidu, the vehicles will significantly contribute to addressing the transportation needs of the citizens and help mitigate the impact of rising costs on the economy.

He said, “I am happy with what I have seen here. This will go a long way in alleviating the pain and suffering of the people with the removal of fuel subsidy.

"The Minister of Finance visited the plant earlier and was impressed after driving one of the vehicles. 

"The Federal Government has awarded contracts to different companies to deliver a number of CNG vehicles, but Nigerians have been asking why they haven't seen these vehicles on the road. 

"The Ministry of Finance decided to tour the factories to see how soon the vehicles could be delivered. 

"They were impressed with Jet Motor Company for adhering to the contract terms, and the vehicles meet the specifications. 

"The government hopes to be invited again to take delivery of more vehicles that the president can use to address the country's transportation challenges."

The Jet Motor Company's Managing Director thanked the team and explained the features of the hybrid vehicles, including their CNG and petrol tanks, range, and engine capabilities.

RECOMMENDED FOR YOU
IMF pledges support for Tinubu's reforms
BY Abiodun Saheed Omodara November 21, 2024 0

The President of the International Monetary Fund (IMF), Kristalina Georgieva has expressed strong ba...

RECOMMENDED FOR YOU
Amazon Shares Show Resilience Amid Market Fluctuations
BY Suleiman Kelvin Jimoh November 21, 2024 0

Amazon.com Inc (AMZN) has demonstrated a remarkable rebound in the stock market, showing a year-to-d...

RECOMMENDED FOR YOU
Gombe gov presents N320bn 2025 budget to assembly
BY Abiodun Saheed Omodara November 20, 2024 0

Gombe State Governor, Muhammadu Yahaya, presented a proposed budget of N320.11 billion for the 2025...

RECOMMENDED FOR YOU
NNPCL: Coalition group vows protest, says 1.6bn litres PMS will cripple economy
BY Benedicta Bassey November 20, 2024 0

NIGERIA—Following the decision by the Nigeria National Petroleum Company Limited (NNPCL), to i...

RECOMMENDED FOR YOU
FG reviews housing budget to N500bn for 2025
BY Benedicta Bassey November 19, 2024 0

NIGERIA —The Federal Government on Tuesday said it is reviewing it's annual housing budget to...

RECOMMENDED FOR YOU
Naira appreciates, hit N1,735/$ in parallel market
BY Benedicta Bassey November 19, 2024 0

The Naira appreciated to N1,735 per dollar in the parallel market from N1,740 per dollar last weeken...

RECOMMENDED FOR YOU
Tinubu, India PM sign pacts to foster collaboration in defence, economy
BY Benedicta Bassey November 18, 2024 0

NIGERIA — Nigeria and India have entered into partnership to foster collaboration in  def...

RECOMMENDED FOR YOU
UK regular pay growth slows, offering Bank of England hope for easing inflation pressures
BY ROCKETPARROT.com staff November 12, 2024 0

LONDON, Nov. 12 – British wage growth excluding bonuses hit a two-year low in the third quarte...

OUR CHANNELS:

OTHER ARTICLES ::

25th November, 2024
NAFDAC warns against unsafe antibiotics use in animals, humans
BY Benedicta Bassey November 25, 2024 0

NIGERIA  — The Director-General, National Agency for Food and Drug Administration an...


Top doctors halt strike action to review FG's response
BY Benedicta Bassey November 25, 2024 0

NIGERIA — The Medical and Dental Consultants’ Association of Nigeria (MDCAN) has suspend...


Tinubu eyes livestock sector reform, investment to curb farmer-herder clashes
BY Abiodun Saheed Omodara November 25, 2024 0

President Bola Tinubu has reaffirmed his administration’s commitment to resolving the farmer-h...


Katsina Govt. applauds  NAF  strike against bandits, vows to sustain regional stability
BY Abiodun Saheed Omodara November 25, 2024 0

KATSINA – The Katsina State Government has commended the Nigerian Air Force (NAF) for successf...


Breaking : Supreme court voids National Lottery Act
BY Abiodun Saheed Omodara November 25, 2024 0

The Supreme Court, on Friday, nullified the National Lottery Act 2005 enacted by the National Assemb...


ECB's renews integration call as trade war looms
BY Abiodun Saheed Omodara November 25, 2024 0

European Central Bank, President Christine Lagarde renewed her call for economic integration across...


China expands Visa-free entry to more countries to boost economy
BY Abiodun Saheed Omodara November 25, 2024 0

On Friday, China announced that it would expand visa-free entry to citizens of nine more countries a...


FAO aims key outcomes at COP16 Saudi Arabia
BY Abiodun Saheed Omodara November 25, 2024 0

The assistant Director-General of the Food and Agriculture Organization (FAO), Dr. Abdul Hakim Elwae...


Illegal detention: Bizman slams N50m suit on NDLEA
BY Benedicta Bassey November 25, 2024 0

NIGERIA — A businessman, Damilare Samuel, has slammed the National Drug Law Enforcement Agency...


Appeal Court invalidates verdict against Rivers LG election
BY Benedicta Bassey November 25, 2024 0

ABUJA, Nigeria —The Court of Appeal, sitting in Abuja has nullified the judgement that prevent...


Menu