5 months ago
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In a strategic move to align with the ongoing Presidential initiative on Compressed Natural Gas programme (Pi-CNG), lower the cost of both institutional and corporate fleet operations including individual vehicle buyers as well as bolster investor confidence, RT. Briscoe Plc, Motors Division has set up conversion centres that will make it possible for vehicles using petrol to switch to Compressed Natural Gas (CNG).
The CNG conversion kits are manufactured in Europe with one of the best global rating standards while RT.
Briscoe’s automotive division has a well-trained technical and professional team that can handle the installation.
Group Managing Director, RT Briscoe, Seyi Onajide, stated during an interactive session with journalists in Lagos that, the automotive division of the conglomerate quoted on the stock exchange has decided to set up a CNG and liquefied petroleum gas (LPG) conversion facility in line with Pi-CNG.
“We started the conversion of petrol or diesel engine cars into CNG and LPG without government funding and we believe it is the future. We have successfully done that on some pickup vehicles,” he said.
The CEO disclosed that the company has submitted a proposal to the Presidential CNG committee.
“They invited us to participate in the CNG initiative. We believe that the average vehicle owner in Nigeria and even commuters can benefit from this initiative because it has a lot of benefits. It will save costs for the motoring public,” he said.
While the future looks promising, Onajide said the initiative would be impeded by the non-availability of CNG and LPG refilling stations as there are about three in Lagos, which is why the hybrid model.
To kick-start the project, he said, RT Briscoe has approached some corporate institutions that are fleet owners that have justifiable reasons to invest in building gas-refilled plants in their premises.
According to him, until gas refilling stations are readily available, CNG will be limited to big organisations that can house and store their gas. Highpoint of the event was the inspection and hands-on test drive of the finished vehicle already running on petrol but also converted to run on compressed natural gas.
RT Briscoe is engaged in the sales and servicing of Toyota vehicles, technical services, material handling and property development and management.
With a projected $2.5 billion investment by 2027, the CNG initiative is poised to drive Nigeria toward a sustainable and prosperous future, where every citizen can thrive.
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