Dana Motors signs agreement on CNG Conversion Kits mass distribution

businessamlive
By businessamlive 3 Min Read

Dana Motors, one of the prominent conversion centers, is proud to announce its participation in the mass distribution of Compressed Natural Gas (CNG) conversion kits as part of the Presidential Compressed Natural Gas (CNG) Initiative. This event Marks a significant milestone in Nigeria’s journey towards cleaner and more efficient energy use for commercial transportation.

(L-R): Mustapha Adekunle Sego, Chairman NURTW Lagos state; Najeem Yasin, former National President of NURTW; Michael Oluwagbemi, Chief Executive Officer/Programme Director, Presidential Compress Natural Gas (CNG) Initiative; Mathews Kuruvilla, Chief Commercial Officer(CCO) Dana Motors; Omolade Akinyode, Marketing Manager Dana Motors at the event.

Michael Oluwagbemi, chief executive officer and programme director of the Presidential CNG Initiative revealed that 30,000 CNG conversion kits have been procured and are set to be distributed to commercial drivers within the next 90 days. This announcement was made during the Park-to-Park CNG Conversion Mobilisation event held on July 19, 2024, in Lagos.

Oluwagbemi emphasized the nationwide scope of the initiative, stating, “We have been across over 14 states, including Ilorin, Ekiti, Lokoja, Aba, and Port Harcourt; we have visited the South-East and even the North. We are confident we have built a national movement for this conversion.”

He further highlighted the environmental and economic benefits of CNG, noting its cost-effectiveness, cleaner emissions, and overall reliability. “CNG is cheaper, cleaner, safer, and more reliable, with 40% less steel emissions and 90% fewer pollutants in the air. Instead of flaring gas, we use it for the growth of the economy,” said Oluwagbemi.

Dana Motors was among the 14 conversion centers represented at the event.

Dr. Kayode Opeifa, former commissioner for transportation in Lagos state, reiterated the federal government’s commitment to easing the impact of fuel price increases on Transporters through the provision of conversion kits. “150 beneficiaries will collect vouchers for conversion, which they will take to an installation center. This initiative will increase pocket savings, reduce transport fares, and lower commodity prices,” he stated.

Najeem Yasin, former national president of the Nigerian Union of Road Transport Workers (NURTW), praised the initiative, saying, “With CNG, prices of commercial vehicles should come down, positively affecting all sectors of the economy.

The entire 36 states will receive these free conversion kits, ensuring nationwide coverage.”

The initiative underscores the federal government’s dedication to sustainable energy solutions and economic growth through innovative measures. Dana Motors is honoured to be part of this groundbreaking effort to enhance Nigeria’s transportation sector and environmental health.

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Onome Amuge is a Nigerian journalist and content writer known for his analytical and engaging reporting on business, finance, agriculture, commodities, and technology. He is currently a journalist at Business a.m., a Nigerian business-focused newspaper, where he has authored over 360 articles covering a wide range of topics including economic trends, market analysis, and policy developments.