• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 31, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Stakeholders Reiterate Need For PPPs As Shafa Energy Unveils CNG Station

by Annifred Inedu
3 months ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Stakeholders in the energy sector have underscored the importance of collaboration between public and private sectors in advancing Nigeria’s energy transition especially in the Compressed Natural Gas (CNG) adoption across the country.

Advertisement

This is as Shafa Energy unveiled its new  CNG station in Sabon Lugbe, Abuja, as part of efforts to expand access to alternative energy sources in Nigeria.

The launch event brought together key figures from government agencies, financial institutions, and industry partners, reflecting a shared commitment to expanding access to cleaner, more affordable energy sources.

Managing director of First Bank, Olusegun Alebiosu, who spoke during the official commissioning of the CNG Station, on Wednesday, noted that the expansion of CNG infrastructure aligns with sustainability goals and global best practices, and is likely to benefit both consumers and the environment.

He expressed satisfaction with Shafa Energy’s direction toward sustainability. He highlighted that development finance institutions place great importance on sustainability when financing energy projects, and that CNG infrastructure, as demonstrated by Shafa, aligns with global best practices. He noted that the company’s efforts would not only reduce energy costs for consumers and businesses but also improve environmental outcomes.

RELATED

GTCO Declares Pre-tax Profits Of N300.4bn In Q1

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

21 hours ago
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

21 hours ago
ADVERTISEMENT

 

On his part, Shafa Energy’s executive chairman, Alhaji Yakubu Maishanu, announced plans to roll out nine additional CNG stations in cities such as Abuja, Lokoja, Ibadan, Benin, Kano, Jos, Makurdi, and Nasarawa, aiming for nationwide coverage by the end of 2025. He acknowledged the impact of recent government policies, including the removal of fuel subsidies, in encouraging the adoption of natural gas.

 

ADVERTISEMENT

Managing director of Shafa Energy, Ali Ibrahim Abiodun, credited the project’s success to collaboration between government agencies and private partners, highlighting the support from the Presidential CNG Initiative, NNPC, NMDPRA, and MDGIF.

 

Programme Director of the Presidential CNG Initiative, Engr. Michael Oluwagbemi,  emphasised the importance of private sector involvement in expanding CNG infrastructure and noted that the shift to natural gas is expected to help reduce fuel costs, improve environmental outcomes, and strengthen Nigeria’s economic resilience.

Technical details of the new facility were provided by Shafa Energy’s Executive Director of Gas, Power, and Renewable Energy, Terima Toila, who explained that the station features Canadian-sourced equipment, local construction, and a capacity to dispense up to 2,400 cubic metres of CNG per hour. Plans are in place to deploy additional equipment and build more stations to enhance supply security.

The commissioning marks a significant step in Nigeria’s ongoing transition to cleaner energy and demonstrates the role of public-private cooperation in addressing economic and environmental challenges.


Join Our WhatsApp Channel



Tags: Compressed Natural Gas (CNG)Shafa Energy
SendShare10171Tweet6357Share
ADVERTISEMENT
Previous Post

Shell To Pay TotalEnergies $510m For Bonga Field Acquisition

Next Post

APM Terminals Apapa Clarifies Empty Container Returns

Annifred Inedu

Annifred Inedu

You May Like

GTCO Declares Pre-tax Profits Of N300.4bn In Q1
Business

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

2025/08/30
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators
Business

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

2025/08/30
Business

Budget Office Explains Delay In Budget Implementation Reports

2025/08/30
T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul
Business

T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul

2025/08/30
Maltina Rolls Out New PET Bottles
Business

Maltina Rolls Out New PET Bottles

2025/08/30
Abia Think Tank Calls For Govt Accountability, Inclusivity
Business

Abia Govt To Revive Moribund Industries In Aba

2025/08/30
Leadership Conference advertisement

LATEST

Major Road Constructions Excite Ogun Residents

2027: We Must Close Ranks, Mobilise Support For Tinubu – Aiyedatiwa

UI VC Underscores Staying Connected With One’s Roots

We’re Raising Leaders Who’ll Rise Above Self-interests, Says Sanwo-Olu

LASG Backs WBFA’s School Hygiene Drive To Combat Infectious Diseases

MURIC Condemns Attacks On Oluwo

Red Cross Urges Sustained Search For Missing Persons

Kaduna Govt Dredges River Kaduna To Tackle Flood

North-East Governors Tackle Insecurity, Poverty At Jalingo Meeting

Varsity Lecturers Have Become Uber Drivers, Beggars – ASUU Chairman

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.