CNG to save Kano tricycle riders ₦8,200 daily — MDGIF
AI Executive Briefing
Gemini Flash AI~45s readThe Midstream and Downstream Gas Infrastructure Fund (MDGIF), in partnership with Rolling Energy Limited, has commissioned two LCNG facilities in Kano to provide a cheaper, cleaner energy alternative for transport operators. This initiative aims to significantly reduce daily fuel costs for tricycle riders and improve gas supply logistics across Northern Nigeria.
Context & Background
- ✦The project addresses high transportation costs by providing CNG as a cheaper alternative to petrol, which currently retails at approximately ₦1,420 per litre in Kano.
- ✦The initiative is part of a broader strategy to decentralize gas supply, reducing the need to transport gas over long distances from states like Kogi.
Key Figures & Named Entities
•Oluwole Adama (Executive Director, MDGIF) stated that CNG costs less than half the price of petrol per unit of energy.•Mubarak Umar Danbatta (CEO, Rolling Energy Limited) noted the Tamburawa facility has a gas-handling capacity of five million standard cubic feet daily.•Ekperikpe Ekpo (Minister of State for Petroleum Resources - Gas) emphasized the role of these facilities in providing cleaner energy alternatives.
Outlook & Next Steps
The partnership plans to expand operations to Kaduna, Borno, Jigawa, Katsina, Sokoto, and Zamfara states, while continuing to establish a total of 10 gas stations and eight gas-to-power facilities.
Key Takeaways
AI Summary- Tricycle operators in Kano can save approximately ₦8,200 daily by switching from petrol to Compressed Natural Gas (CNG).
- The MDGIF and Rolling Energy Limited commissioned two new LCNG facilities in Kano to improve local gas accessibility.
- The new infrastructure supports the refueling of up to 2,500 vehicles daily and includes vehicle conversion workshops to facilitate the transition.
Key Facts:Tuesday: The MDGIF and Rolling Energy Limited commissioned two LCNG facilities in Kano on Tuesday.₦250,000: Tricycle operators can achieve monthly savings of nearly ₦250,000 by utilizing CNG instead of petrol.
Editorial Excerpt
Commercial tricycle operators in Kano State could save about ₦8,200 daily on fuel costs by switching from petrol to Compressed Natural Gas (CNG), the Executive Director of the Midstream and Downstream Gas Infrastructure Fund (MDGIF), Oluwole Adama, has said.
Frequently Asked Questions About This Story
How much does an operator save by switching to CNG?
An operator can save ₦8,200 daily, as CNG costs approximately ₦6,000 for the same energy that costs ₦14,200 in petrol.
Where are the new LCNG facilities located in Kano?
The facilities include an LCNG Mother Station at Tamburawa and a Daughter Station at Hotoro Quarters in Tarauni Local Government Area.
