The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that the nation’s Compressed Pure Fuel (CNG) conversion capability elevated by over 2,500 per cent in 2024.
Mr Farouk Ahmed, Authority Chief Govt, NMDPRA, stated this on Thursday in Abuja on the inaugural Petroleum Business Stakeholders’ Discussion board, organised by the Ministry of Petroleum Assets.
Ahmed stated that NMDPRA supported the Presidential Compressed Pure Fuel Initiative (PCNGI) by stimulating 186 new conversion facilities which triggered the county’s conversion capability.
“The NMDPRA will proceed to collaborate with the PCNGI to make sure deployment of CNG infrastructure in main cities of Lagos and Abuja, as much as 100,000 conversions, whereas collaborating with states to develop Nigeria Fuel Autos (NGVs) in different areas.
“The event of CNG as a viable different to Petrol has been incentivised.
“These conversions alongside new buys have raised the Nigerian Fuel Autos inhabitants to an estimated 30,000 to 50,000 automobiles and vans, and it continues to develop each day.
“With over 400 million {dollars} attracted for funding in 86 and 65 new daughters and mom stations underneath development respectively, Nigeria refueling capability has due to this fact risen from 20 to 56,” he stated.
Ahmed stated that the collaboration between PCNGI, NMDPRA and Requirements Organisation of Nigeria (SON) led to the event of requirements and the NGV Monitoring System anticipated to be inaugurated this 12 months.
“The NMDPRA additionally collaborates with the SON, the Nationwide Automotive Design and Growth Council (NADDC) and the Nationwide Institute of Transportation Expertise (NITT) in making certain that our mobility CNG development is achieved in a protected and sustainable method,” he stated.
The NMDPRA boss, nevertheless, listed some challenges going through the initiative to incorporate institution and operation of petroleum dealing with services with out correct licensing, permits and authorisations.
He listed different challenges to incorporate poor collaborations for Open/ third get together entry to services and lack of cooperation of some operators for an efficient regulatory oversight, consistent with the Petroleum Business Act (PIA) provisions.
“We implore the business to stick to all regulatory necessities, particularly as they relate to security, effectivity, greatest practices, sustainability, client safety and neighborhood participation.
“As we progress into 2025, the NMDPRA will proceed to consolidate on its successes for enhanced regulatory oversight.
“It will embody the improve of our laboratories for enhanced product high quality evaluation and referencing, inter-agency collaborations, automation and sustainability within the business,” Ahmed stated.