Methanol Fuel Technology As Alternative

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Nigeria may appear to be in quandary at the moment over the management of its oil and gas industry. President Bola Ahmed Tinubu, in his inaugural speech

This is because Methanol as a clean-burning fuel is gaining recognition globally as a viable alternative to fossil fuel and Nigeria has an advantage being one of the largest oil-producing nations and having the largest natural gas reserve in Africa. It is important that we explore alternative energy sources and methanol fuel production, in our opinion, is an option into a greener economy.

Figures from the federal government also suggest that at the moment there is a blend of methanol and it is believed that with further research, Nigeria can produce 100 per cent methanol fuel that can power the automobile industry and help to create jobs for 40 million people in the next two years. This newspaper is on the view that the methanol fuel technology implementation programme, if properly done, can help to stop the flaring of gas in the Niger Delta region and reduce environmental degradation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fuel Price Hike Paralyses Economic Activities In KadunaThe high cost of petroleum products in Kaduna State has crippled socio-economic activities as residents paid high transport fares and witnessed low business
Source: LeadershipNGA - 🏆 4. / 77 Read more »