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PRESIDENT TINUBU MEETS NIPCO EXECUTIVES, COMMENDS INVESTMENTS IN THE CNG SECTOR

STATE HOUSE PRESS RELEASE

President Bola Tinubu thanked NIPCO for investing in Nigeria’s Compressed Natural Gas (CNG) sector during a meeting with the company’s executives at the State House in Abuja.

The President commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI).

During the meeting, President Tinubu acknowledged NIPCO’s role as a critical player in enhancing the adoption of CNG as an alternative fuel, noting that such investments align with his administration’s energy security and economic diversification strategy.

He emphasised the importance of public-private partnerships in driving the transition to cleaner

and more affordable energy solutions for Nigerians.

The President lauded NIPCO’s efforts in promoting and supporting the “Switch to CNG” campaign, which has been instrumental in boosting public awareness and providing affordable CNG conversion kits even before the official kickoff of the Presidential CNG Initiative.

He highlighted the significance of this initiative in reducing the nation’s reliance on petrol and cutting down fuel costs for consumers.

CNG, being a cleaner and more affordable fuel, reduces the carbon footprint and saves consumers significant fuel costs.

“Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200. We have also introduced incentives for commercial motorists to convert from petrol to gas” free of cost,” President Tinubu said.

President Tinubu reaffirmed his administration’s commitment to providing a conducive environment for private sector investments and expanding Nigeria’s CNG infrastructure to enhance energy efficiency and economic growth.

He further encouraged NIPCO to continue its innovative approach to CNG expansion while supporting the government’s broader goals in the energy sector.

Mr Ramesh Kasangra, NIPCO director, who led the delegation, thanked President Tinubu for his steadfast support of the CNG sector.

He expressed NIPCO’s commitment to furthering the partnership with the government to ensure Nigeria’s energy transition remains on track.

He assured the president that the company was ready to invest in infrastructure to make CNG more accessible nationwide.

According to him, NIPCO has been a key player in various sectors of Nigeria for over four decades and will continue to believe in Nigeria for the long term.

Bayo Onanuga

Special Adviser to the President

(Information & Strategy)

October 22, 2024

 

TINUBU’S RESTRUCTURING OF MINISTRIES AND MINISTERIAL PORTFOLIOS

President Bola Ahmed Tinubu GCFR has approved the immediate implementation of eight far-reaching actions to reinvigorate the Administration’s capacity for optimal efficiency pursuant of his commitment to deliver on his promises to Nigerians.

The eight actions approved by Mr. President include:

  1. The renaming of the Ministry of Nigeria Delta Development to Ministry of Regional Development to oversee the activities of all the Regional Development Commissions. The Regional Development Commissions to be under the supervision of the new Ministry are; the Niger Delta Development Commission, the South East Development Commission, the North East Development and the North West Development Commission.
  2. The immediate winding up of the Ministry of Sports Development and the transfer of its functions to the National Sports Commission in order to develop a vibrant sports economy;
  3. The merger of the Federal Ministry of Tourism and the Federal Ministry of Arts and Culture to become Federal Ministry of Art, Culture, Tourism and the Creative Economy;
  4. The re-assignment of ten (10) ministers to new ministerial portfolios;
  5. The discharge of five (5) Ministers.
  6. The nomination of seven (7) new ministers for onward transmission to Senate for confirmation;
  7. The appointment of Shehu Dikko as Chairman of the National Sports Commission;
  8. The appointment of Sunday Akin Dare as Special Adviser to the President on Public Communication and Orientation working from the Ministry of Information and National Orientation

LIST OF MINISTERS REASSIGNED TO NEW PORTFOLIOS ARE AS FOLLOWS:

S/N

Name of Minister

Current Designation of Minister

New Designation of Minister

1.

Hon Dr. Yusuf Tanko Sununu

Minister of State, Education

Now Minister of State Humanitarian Affairs and Poverty Reduction

2.Dr. Morufu Olatunji Alausa

Minister State, Health

Now Minister of Education

3.Barr. Bello Muhammad Goronyo

Minister of State, Water Resources and Sanitation

Now Minister of State Works

4.Hon. Abubakar Eshiokpekha Momoh

Minister of Niger Delta Development

Now Minister of Regional Development

5.Uba Maigari Ahmadu

Minister of State Steel Development

Now Minister of State Regional Development

  1. Dr. Doris Uzoka-Anite

Minister of Industry, Trade and Investment

Now Minister of State Finance

7.Sen. John Owan Enoh

Minister of Sports Development

Now Minister of State Trade and Investment [Industry]

  1. Imaan ulaiman-Ibrahim

Minister of State, Police Affairs

Now Minister of Women Affairs

  1. Ayodele Olawande

Minister of State for Youth Development

Now Minister for Youth Development

  1. Dr. Salako Iziaq Adekunle Adeboye

Minister of State, Environment

Now Minister of State, Health

MINISTERS TO BE DISCHARGED ARE AS FOLLOWS:

  1. Barr. Uju-Ken Ohanenye

Minister of Women Affairs

2.Lola Ade-John

Minister of Tourism

3.Prof Tahir Mamman SAN OON

Minister of Education

4.Abdullahi Muhammad Gwarzo

Minister of State, Housing and Urban Development

  1. Dr. Jamila Bio Ibrahim

Minister of Youth Development

LIST OF NEW MINISTERS APPOINTED AND PORTFOLIOS ARE AS FOLLOWS:

S/N

Name of Minister

Designation of Minister

Ministry

1.Dr Nentawe Yilwatda

Minister of Humanitarian Affairs and Poverty Reduction

Ministry of Humanitarian Affairs and Poverty Reduction

S/N

Name of Minister

Designation of Minister

Ministry

  1. Muhammadu Maigari Dingyadi

Minister of Labour & Employment

Federal Ministry of Labour & Employment

3.Bianca Odinaka Odumegu-Ojukwu

Minister of State Foreign Affairs

Ministry of Foreign Affairs

4.Dr Jumoke Oduwole

Minister of Industry, Trade and Investment (Trade and Investment)

Ministry of Industry, Trade and Investment

5.Idi Mukhtar Maiha

Ministry of Livestock Development

Federal Ministry of Livestock Development

6.Rt. Hon. Yusuf Abdullahi Ata

Minister of State, Housing and Urban Development

Federal Ministry of Housing and Urban Development

7.Suwaiba Said Ahmad PhD

Minister of State Education

Federal Ministry of Education

The President thanked the outgoing members of the Federal Executive Council for their service to the nation while wishing them the best in their future endeavours.

He then charged the newly appointed ministers as well as their reassigned colleagues to see their appointment as a call to serve the nation. He added that all appointees must understand the administration’s eagerness and determination to set Nigeria on the path to irreversible growth and invest the best of their abilities into the actualisation of the government’s priorities.

The Presidency Federal Republic of Nigeria

October 2024