Friday, 26 June 2015

CNG: Nigerians must wake up

The quest for change has just begun though a gradual process, but we must not sit and wait for government to do every thing. The potentials in the Nigerian economy are very much and we must harness them to our benefit, as you all know Nigeria is the largest black nation in the world with a population of more than 150 million people which makes Nigeria a global market place. Many people say that the oil will soon finish but I tell you with all sincerity we are blessed with not only oil but oil and gas. About 80% gas in Nigeria is been flared thereby causing environmental issues, the consumption of gas in Nigeria is still low but can be activated by government through adequate policies The gas market is sleeping in Nigeria because of lack of awareness of its advantages over other types of fuel, but those who are aware have keyed into it and regard it as the best because its cheaper and cleaner, The investment opportunity in Compressed Natural Gas (CNG)is very wide which includes 1. Gas Conversion only with the use of Oxygen 2. Engine Conversion which can be done on any type of engine ranging from small cars to trucks and small generators to large industrial generators and will be the largest employer of labour both skilled and unskilled 3. Gas Distribution and Marketing, this can be done through the use of gas distribution tankers or special gas pipelines Nigerians should consider investing in CNG so as to create more jobs and grow our economy

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