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The federal government, alongside the Economic Community of West African States (ECOWAS), Morocco, and Mauritania, have reaffirmed their commitment to advancing the $26 billion African Atlantic Gas Pipeline project. The announcement was made at the ECOWAS Inter-Ministerial Meeting on the Nigeria-Morocco Gas Pipeline Project, where officials disclosed that they are partnering with additional stakeholders to propel the initiative forward. The meeting, held in Abuja on Monday, saw the attendance of ECOWAS Ministers of Hydrocarbons and Energy, along with representatives from Morocco and Mauritania. Credit: Nairametrics

WELCOME TO NOVEMBER New Month, New Energy Goals! At Mezo Energy, we’re powering up to bring you more efficient, sustainable energy solutions. Whether you’re a business, a home, or a partner, let's make this month count. Cheers to Making it this Far! #energysector

The Nigerian Consumer Credit Corporation (CREDICORP) has opened applications for Credit Access for Light and Mobility (CALM) Fund aimed at providing consumer credit to help Nigerians access CNG conversions and solar home systems through partner financial institutions. Special Assistant to President Bola Tinubu on Social Media, Dada Olusegun, announced this on Monday urging Nigerians to take advantage of the initiative. According to him, Nigerians seeking credit to convert their cars or build solar systems to power their homes can apply for credit The CALM Fund was launched as a partnership between the Ministry of Finance Incorporated (MoFI), the Nigerian Consumer Credit Corporation (CREDICORP), and the Presidential Initiative on Compressed Natural Gas (Pi-CNG). Click here to apply https://lnkd.in/dVqbDH2z #automobile #MezoEnergy #EnergyForLife #energysector #energyinnovation

Join us at Mainland 98.3FM's Situation Room as we delve into the future of sustainable energy in Nigeria! Our topic: 'Assessing the Viability of CNG Conversion as a Sustainable Alternative Fuel Source in Nigeria.' Featuring Tosin Thompson, CEO of Mezovest and a clean energy expert, and anchored by Sage Babalola. Don’t miss this insightful session as we explore how CNG could revolutionize the energy landscape. 🗓 Date: 30th Oct 2024 🕒 Time: 4:00 PM - 5:30 PM 📞 Studio Line: 09136000410 📱 WhatsApp: 09136000430 Tune in to Mainland 98.3FM—The Sound of Lagos!

The Nigerian government is exploring partnerships with international oil giants, Chevron and ExxonMobil, in a bid to alleviate the persistent cooking gas shortages and soaring prices. Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), said this strategic move aims to bolster the domestic gas supply and provide much-needed relief to Nigerian households. “We have been engaging stakeholders on the domestication of Liquefied Petroleum Gas (LPG) produced in-country by producers, especially Chevron Nigeria Limited (CNL) and Mobil Producing Nigeria (MPN), similar to Nigerian Liquified Natural Gas (NLNG) which has domesticated 100 percent of its Butane production since the year 2022,” Ahmed said at 2024 OTL Africa Downstream Energy Week in Lagos. Credit: @businessdayng #energy #chevron #exxonmobil #cookinggas

President Bola Tinubu says Nigerian motorists can now purchase a litre of Premium Motor Spirit, also known as petrol, at N1,000 per litre. The president also noted that the equivalent of a litre of petrol, which is a Standard Cubic Meter of Compressed Natural Gas, can be had for N200. Tinubu said this when he met with the executives of the Nigerian Independent Petroleum Company, led by the director, Mr Ramesh Kasangra, at the State House in Abuja Tuesday, according to a statement issued by the president’s Special Adviser on Information and Strategy, Bayo Onanuga, titled, “President Tinubu meets NIPCO executives, commends investments in the CNG sector.” “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,” Tinubu said. The statement read partly, “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. Tinubu noted that the PCNGI has helped reduce Nigeria’s “reliance on petrol and cut down fuel costs for consumers, adding that the CNG, being a cleaner and more affordable fuel, reduces the carbon footprint and saves lives. Credit: Punch News #newsarticle #newstoday #CNGConversion

Oil and gas companies are preparing to spend 60 percent more on fossil fuel exploration, according to data and industry executives. Analysts at Wood Mackenzie, a global oil sector consultancy, found that investments in oil and gas among the 23 biggest producers in the world are set to climb by over 60 percent by next year, compared to the trough of 2020 and the pandemic lockdowns. “The main driver has been the dawning realisation that the transition is unfolding more slowly than expected, implying that oil and gas demand may be stronger for longer,” Wood Mackenzie’s analysts said. It further said, “EuroMajors are looking to plug production and cash flow gaps by investing more upstream. US Majors and some Emerging Majors have already used M&A to expand and extend upstream exposure. We expect more sector consolidation to come in 2025.” Credit: BusinessDay Nigeria #oilandgas #oilandgascompanies #fossilfuels #oilandgasindustry #businessday

Stay Safe: Avoid Fake Cylinders! For your safety, always ensure your CNG conversion is done at a verified center. Trust only certified experts to handle your conversion process. Here are some trusted centers in Lagos: 1. Mezovest KM 23, Lekki-Epe Expressway, Ajah (Opposite Kilimanjaro, beside Libmot Motors, by Abraham Adesanya bus stop) 2. FEMADEC KM 42, Lekki-Epe Expressway, Make Second Gate Stop, Abijo-Lekki 3. Portland No. 1 Ojota Interchange Terminal, Bayi Shodipo, Ojota Remember, safety comes first! Choose a certified center to avoid the risks of fake cylinders. #cngconversion #energysector

We understand your concerns about switching to CNG-powered vehicles. Join PCNGI - Presidential Compressed Natural Gas Initiative at 8 AM on Nigeria Info Lagos 99.3FM as Engr. Michael Oluwagbemi discusses the Safety of CNG-Powered Vehicles and clears up any doubts you may have. Don’t miss this insightful session! #CleanEnergy

CNG (Compressed Natural Gas) is quickly becoming the future of fuel in Nigeria, and here’s why: - Cost-effectiveness – CNG is much cheaper than petrol, providing an affordable alternative for both businesses and everyday drivers. With the rising cost of petrol, CNG offers a more budget-friendly solution. - Energy independence – Nigeria has abundant natural gas reserves, which means CNG reduces the country’s reliance on imported fuels, promoting energy independence and boosting the local economy. - Environmental benefits – CNG produces fewer harmful emissions than petrol or diesel, making it a cleaner option for the environment. This is crucial for Nigeria’s push toward reducing air pollution and tackling climate change. - Government support – The Nigerian government is actively pushing for CNG adoption as part of its energy diversification plan, offering incentives for conversion and the expansion of CNG refueling stations nationwide. - Sustainability – As fossil fuel supplies diminish, CNG, sourced from natural gas or renewable biogas, is a more sustainable fuel option. It positions Nigeria as a leader in clean energy for transportation. With these advantages, CNG is paving the way for a cleaner, more affordable, and sustainable future of transportation in Nigeria. #FutureOfFuel #CNGNigeria #SustainableEnergy #Mezovest