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NASENI EVC/CEO Hosts Pi-CNG’s Ride-Share CNG Conversion Incentive Program

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NASENI EVC/CEO Hosts Pi-CNG’s Ride-Share CNG Conversion Incentive Program

 Offers 50% discount to drivers who sign up on MY-CNG App.

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, at the weekend presided over the launch of the Presidential CNG Initiative’s (Pi-CNG) Conversion Incentive Program for rideshare sector, alongside the introduction of the MY-CNG App.

L-R:  Director-General, Federal Radio Corporation of Nigeria (FRCN), Dr Bulama Muhammad; Executive Vice Chairman/CEO of National Agency for Science and Engineering Infrastructure (NASENI), Khalil Suleiman Halilu; CEO of Portland Gas Limited, Mr. Folajimi Mohammed (4th right) and Program Director, Presidential Initiative on Compressed Natural Gas (Pi-CNG). Engr. Michael Oluwagbemi inspecting a CNG vehicle during the launch of PI-CNG’s Ride-Share CNG Conversion Incentive Program and My-CNG App at the NASENI-Portland Conversion Centre, Utako , Abuja , on Friday , August 9, 2024.     

This landmark event took place at NASENI’s Compressed Natural Gas Engineering, Training, and Conversion facility in Utako, reflecting the Agency’s commitment to pioneering technology-driven solutions for Nigeria.

The event held at NASENI-Portland CNG Conversion Centre, Utako, Abuja, was graced by the Honourable Minister of State (Gas), Petroleum Resources, Hon. Ekperipe Ekpo, who served as the Special Guest of Honour, alongside Honorable Minister for Information and National Orientation, who was represented by the Director-General of Federal Radio Corporation of Nigeria (FRCN), Dr Muhammed Bulamaand other ecosystem players.

In his remarks, the EVC/CEO of NASENI, Khalil Halilu emphasized the significance of Pi-CNG in Nigeria’s gas revolution, noting that the Initiative has quickly become central to discussions on the nation’s energy future.

Program Director Pi-CNG. Engr. Michael Oluwagbemi (6th from left); EVC/CEO OF NASENI, Khalil Suleiman Halilu(5th from left): DG FRCN, Dr Bulama Muhammad (4th from right) and  CEO of Portland Gas Limited, Mr Folajimi Mohammed (4th from left) at the launch of PI-CNG’s Ride-Share  CNG Conversion Incentive Program and My-CNG App at the NASENI-Portland Conversion Centre, Utako, Abuja, on Friday , August 9, 2024.

“A little over two months ago, we commissioned this all-in-one CNG facility in partnership with Portland and Dana Motors. This joint venture is part of NASENI’s vision to accelerate the delivery of market-ready products that reduce the cost of living, improve quality of life, and support President Bola Ahmed Tinubu’s Renewed Hope Agenda,” he stated.

The Conversion Incentive Program, aimed at the rideshare sector, including Uber and Bolt drivers, offers a 50 per cent discount to drivers who sign up and use the newly launched MY-CNG App.

“CNG is a cleaner, more affordable vehicle fuel, with the potential to reduce transportation costs by up to 70 per cent and deliver 40 per cent savings for car owners,” the EVC/CEO explained. He stressed that this initiative is a response to the current economic challenges, offering a viable solution to reduce the cost of living for Nigerians.

Halilu also highlighted the importance of collaboration in achieving these milestones, commending partners Pi-CNG, Portland, and Dana Motors for their dedication. “Working together, we can and will transform Nigeria’s energy and transportation sectors,” he affirmed.

The launch of the MY-CNG App and the Conversion Incentive Program reflect NASENI’s commitment to leveraging technology to drive national transformation. The EVC/CEO concluded by reiterating NASENI’s role as a technology enabler, partnering with the private sector to bring innovative solutions to market and support national development goals, including energy efficiency, climate action, job creation, and poverty alleviation.

NASENI remains Nigeria’s leading technology-transfer agency, purposely-built to fostering innovation, research, and development to support the country’s industrial growth and economic sustainability

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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