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Nigeria to realize over $3bn investment from CNG vehicles’ conversion initiative – Zayyanu

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Korea-African summit
By Ignatius Okorocha
Amb Ella has  emphasized the hidden treasure in extensive investment opportunities in Nigeria’s natural gas industry.
Amb Ella who was speaking at a stakeholders meeting in Abuja recently,  noted that the President’s policy on gas infrastructure development aligns with global best practices for cleaner energy use and environmental sustainability, according to a statement from his media aide, John Ameh.
During the meeting, Engr Kamoru Busari, the Director of the Upstream Department at the ministry, reiterated the government’s commitment to creating an enabling environment for investments.
Haikuo Weng, the Managing Director of Wen Advisor, stated that Silicon Valley Nigeria Economic Developments SV-NED Inc USA/SV-NED Energy Ltd and his team was in Nigeria to explore potential investment areas in the CNG-powered vehicles project. He highlighted the necessity of assessing whether local buses in Nigeria currently use liquefied natural gas (LNG) or CNG to develop an effective CNG gap pump station.
In a previous letter of collaboration titled “Green Transportation Solutions,” Weng pledged to introduce competitively priced CNG buses in Nigeria. He also expressed his intention to assess the potential for establishing natural gas refueling stations to support Nigeria’s energy transition in the transportation sector.
President Tinubu’s directive is part of Nigeria’s broader effort to transition to cleaner energy. CNG-powered vehicles are known for producing lower emissions, which contributes to environmental protection. The policy also aims to provide a more affordable energy alternative for Nigerian consumers
 This is even as Chinese company is set  to invest in Nigeria’s CNG powered vehicles scheme.
In a significant development for Nigeria’s clean energy initiatives, a Chinese company and their Nigerian Partner Silicon Valley Nigeria Economic Developments SV-NED Inc USA/ SV-NED Energy Ltd has expressed interest in partnering with the Nigerian government to invest in Compressed Natural Gas (CNG)-powered vehicles.
This move comes in response to President Bola Tinubu’s directive mandating the procurement of CNG-powered vehicles by all government institutions.
Meanwhile,the Nigerian federal government has highlighted the country’s substantial business potential for investments in CNG-powered vehicles.
To advance this directive, the Permanent Secretary of the Federal Ministry of Petroleum, Amb Nicholas Agbo Ella, held discussions with officials from the Chinese firm Wen Advisor and their partner SV-NED Energy Ltd in Abuja.
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Business & Economy

Ekowe Fed-Poly workers down tool over unpaid Dues

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Minister of Education, Dr Tunji Alausa
By David Owei, Baylesa
The Non-Academic Staff Union (NASU) Federal Polytechnic of Ekowe, Bayelsa State, has embarked on strike over the suspension of check-off dues deduction for members of the union by the management of the institution from January to March 2025.

branch chairman of the union, Mr. Etebu Ebiyefe,

The leaders of the union who thronged the campus of the institution to prevent fellow workers from rendering services, also staged a peaceful protest to compel the management of the institution to enter a signed agreement with the union to lift the suspension of their check-off dues.
The protesting workers said that despite the intervention of the Federal Ministry of Labour and Employment, the management of the institution has maintain a persistent stance not to withdraw the earlier directive on stoppage
of Union dues deduction for NASU members.
Daily Echoes Media gathered  that in a letter dated 6th February, 2025 and signed by the General Secretary of the national leadership of NASU, Prince Peller Adeyemi, the union advised management to resume the deduction of check-off dues for NASU members to avoid legal consequences.
Speaking to newsmen during the protest, the branch chairman of the union, Mr. Etebu Ebiyefe, explained that “the rector of the institution, Dr. Agbabiaka Adegoke, has been using our members for security and labour services, knowing that the Federal Government in 2012 contracted those services.
“There is fund made available for those contracts but he is using our members for the jobs that he paid to contract. N5 Million is coming as subvention from state government to the institution to pay for these services, yet he is still using our members for jobs he paid for.
“Our national secretariat wrote to inform him that the suspension of the deduction of check-off for our members is illegal, and that he has one week to meet with the national and state leadership of the union to resolve the issue, up till now he has not responded to that invitation.
“Instead rather called the branch leadership to a management meeting asking us to resolve issue within ourselves, and that by end of April 2025, he lift the suspension on the deduction of chech-dues. What about the arears. And it would be wrong for us to negotiate with him with the national and state leadership.
“He is also claiming that 42 persons wrote to him personally that they want to withdraw their membership from the union, and that that was the reason he suspended the remittance of our check-off dues.
“The national told him that the proper thing any member who wishes to withdraw his membership is to write the union and not the management of the institution. That is the constitutional thing to do, yet he went ahead to suspend the deduction of our check-off dues.
“What we know is that the national has given a directive that we should embark on this strike until he goes to Abuja and sign a Memorandum of Understanding (MoU) between the national, state and branch leadership of the union before this strike would be called off.
A management staff who pleaded anonymity said the decision to suspend the deduction of members the union was taken because management felt it was wrong for union to forcefully collect dues from people have pulled out.
He further said “when matter raised concerns, the unions met with management, it resolved that by the end of April 2025, the suspension will be lifted, both ASSUP and SSANIP but NASU rejected the offer on some grounds that we can handle in-house.
“If management has said, they would commence payment from April based on your agitations, we can do well to understand and watch it would be implemented before further issues can be raised.”
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Hajj: CSO urges enlightenment for Nigerian pilgrims on currency denominations

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Central Bank of Nigeria (CBN)

 

By Abdul-Ganiyy Akanbi,Abuja

A faith-based registered Civil Society Organization, CSO, that reports and advocates for workable Hajj policies, the Independent Hajj Reporters, IHR, has called on the States’ Muslim Pilgrims Welfare Boards, SMPWBs to conduct a special enlightenment programme to intending pilgrims on Saudi Arabian currency denominations.

The group, in a statement signed and released on Friday by its national coordinator Ibrahim Muhammad, said: “Now that the Central Bank of Nigeria, CBN has approved the payment of 2025 Hajj BTA via cash payment in US dollars, we call on States Muslim Pilgrims Welfare Boards, agencies and Commission to organize a special enlightenment program to educate Nigerian pilgrims on currency denominations especially on the exchange rates between US dollars and Saudi Riyals.”

It added: “Most of the Nigerian pilgrims are not conversant with foreign currencies especially US dollars and Saudi Riyals, and can hardly identify the value of each denomination unless they are guided during hajj, where hundreds of thousands of pilgrims engage in financial transactions.

“Given the above, Nigerian pilgrims should also be shown the Saudi Riyals currency denomination so that they can be able to identify such whenever they need to change US dollars to Saudi Riyals or make a purchase using either of the two currency denominations.

“This call is important due to past experiences where some dubious Saudi-based individuals shortchanged our dear pilgrims whenever they make purchases or try to convert their BTA to US dollars.”

IHR warned that Nigerian female pilgrims who patronize unregulated dental services to change their teeth as soon as they arrive in Madinah are more vulnerable to being shortchanged.

The group also pleaded with airlines to use the onboard educational system to educate pilgrims on the same subject as a way of corporate social responsibility to help mitigate the risks of financial losses on the part of intending pilgrims.

“Understanding denomination in today’s currency circulation is crucial as it serves as the foundation of all monetary transactions worldwide. It will enable pilgrims to comprehend the value of their BTA.

“According to the Central Bank of Saudi Arabia, SAMA, the most-exchanged foreign currencies during Hajj are the US dollar, the euro, the Singapore dollar, the Indian rupee, the Indonesian rupiah, the Emirati dirham and the Malaysian ringgi,” IHR stated.

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Business & Economy

BOSG. trains 150 Almajirai in vocational skills

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Gov Babagana Zullum of Borno state presents donations to recipients
By Our Reporter
In a bid to tackle unemployment in the state,Borno state government has trained and  presented working tools to 150 almajirai students trained in vocational skills by his administration..

Recipients at the Almajirai Vocational center in Borno state

Addressing Graduates of vocational and skill acquisition at the  graduation ceremony  of the Almajirus, held at the Borno state Vocational Enterprises,the state governor, Alhaji Babagana Zullum emphasized  that his administration would continue to foster opportunities for the almajiri learners to secure a brighter future.
The training covered a variety of trades, including electrical installation and repair work, solar installation and repair work, leatherwork, welding, carpentry and building construction..
The initiative also includes cash support to enable beneficiaries to start their trades and contribute to the society’s development.
It also seeks to enhance individual capabilities, uplift communities and provide almajirai with sustainable pathways to economic independence.
“As the Governor of Borno State, I assure you that our Government remains fully committed to supporting the Sangaya Islamic education. We will continue to invest in Sangaya educational resources to ensure every learner can access quality teaching and learning essentials,” he stated.
Zulum, however, expressed concern about the rising cases of molestation of children in the guise of teaching Islamic education.
 “I would like to take this opportunity to address a critical concern: the safety and well-being of our Sangaya learners. I stand firm in the commitment that the Borno State Government will not tolerate any form of molestation or violence, such as caning against any Almajiri. Every one of you, regardless of your background, deserves to be treated with respect and dignity.”, he added.
“Our commitment to safeguarding children extends beyond the Almajiri; it encompasses all children. We must work collectively to ensure our society embraces every child without prejudice. This pledge is not merely a statement; it is a call to action for every parent, educator, and community leader to safeguard the rights of our Sangaya learners.”, he further stress
Also speaking, the chairman of Borno Sangaya Board, Kalifa Aliyu Ahmad Abulfatahi, said the programme was unveiled in 2023 as part of Zulum’s resolve to address the challenges faced by almajiri children who are traditionally engaged in Islamic schooling and often lack access to formal education and opportunities.
Sheikh Kalifa noted that the training was organised in collaboration with the Universal Basic Education Board.
Earlier,the state Commissioner for Education, Science, Technology and Innovation, Engr Lawan Abba Wakilbe, who was represented by the Special Adviser in the ministry, Dr Bukar Tijjani, said that besides the  training, the ministry had partnered with colleges, including the National Board for Arabic and Islamic Studies, to provide certification for almajiri learners.
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