President Bola Ahmed Tinubu has approved an expansion of the Presidential Initiative on Compressed Natural Gas, PiCNG, to include electric vehicles.
With the approval, the initiative will now be known as the Presidential Initiative on Compressed Natural Gas and Electric Vehicles, PiCNG & EV.
He said the initiative would serve as the lead agency coordinating Nigeria’s entire clean mobility strategy, encompassing both gas-powered vehicles and electric vehicles, EVs, across the country.
Under the expanded mandate, PiCNG & EV would continue deployment of CNG infrastructure including Mother and Daughter Stations, Integrated Refuelling Units, CNG vehicles, conversion programmes, and related equipment.
He added that at the same time, the initiative would spearhead the development and rollout of electric vehicles, EV charging infrastructure, and associated investments nationwide.
The President also ordered the Executive Chairman of PiCNG & EV, Ismaeel Ahmed, to immediately establish a coordinated framework for the rapid deployment of vehicle conversion kits across Nigeria, ensuring they remain affordable and accessible to ordinary citizens.
“To achieve this, the initiative will collaborate with CreditCorp Nigeria, financial institutions, and other partners to develop innovative, cost-effective financing models that make conversions widely available to the public,” he said.
Tinubu also directed the accelerated rollout of Mobile Refuelling Units, MRUs, to quickly expand access to CNG.
