Presidential CNG initiative attracts $50 million investment

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“I am pleased to announce to you that since December till date, over $50m have been mobilised directly by the sector, much more than any amount of money that has been mobilised in the sector in the last eight years combined, in just five months,” Mr Oluwagbemi...

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“I am pleased to announce to you that since that December till date, over $50m have been mobilised directly by the sector, much more than any amount of money that has been mobilised in the sector in the last eight years combined in just five months,” Mr Oluwagbemi said. Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.

According to him, the government has continued to mobilise the private sector for compressed natural gas use and investments. She noted that the PCNGI and the Federal Ministry of Labour and Employment have partnered, ensuring that every job created and every skill imparted is not just a statistic but a step towards empowerment and progress.

“As we embark on this journey together, it’s imperative that we keep proper track of the jobs our programmes create. The Federal Ministry of Labour and Employment is committed to this task, ensuring that the impact of initiatives like the Presidential CNG Initiative is not just measured in numbers but in the lives transformed. Furthermore, I want to emphasise the role of the Labour Ministry in bringing together artisan associations and unions.

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