Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,171,312 members, 7,881,143 topics. Date: Friday, 05 July 2024 at 01:18 PM

Car Owners To Pay N250,000 To Convert Cars To Autogas - FG - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Car Owners To Pay N250,000 To Convert Cars To Autogas - FG (414 Views)

FG Opens Workshops For Nigerians To Convert Vehicles To Autogas / FG Will Begin Converting Petrol Vehicles To Autogas / Timipre Sylva: Filling Stations Will Dispense Autogas In Vehicles From September (2) (3) (4)

(1) (Go Down)

Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by ExAngel007(f): 2:09pm On Dec 02, 2020
Car owners in the country will have to
pay N250,000 to convert their cars to autogas.

Justice Derefaka, Technical Adviser on Gas
Business and Policy Implementation to Minister
of State for Petroleum, Timipre Sylva who
appeared on a Channels Television programme on
Wednesday December 2 after the Group
Managing Director, Nigerian National Petroleum
Corporation (NNPC), Mele Kyari on Tuesday
December 1 said that one million cars are to be
powered by Autogas free of charge, averred
that vehicle owners will have different payment
plans to covert their cars to autogas.

He said;

“The cost varies. So in terms of cost
implication, it depends on the cylinder
of the vehicle and of course, for a
typical SUV cylinder, it is a bit higher
but on the average, it is around
N200,000 to N250,000 and this is for a
four-cylinder vehicle but it becomes a
little bit higher for a six-cylinder SUV
vehicle.”

Also commenting on the different payment plans
for car owners who want to convert their cars,
Derefaka stated that the conversion is not
totally free.

He added;

“The owner of the car basically will
decide to say I want to run on autogas
or CNG or LNG and like the honourable
minister had mentioned it as well,
conversion basically, has different
strands, you can partner with your bank
and then the bank will now agree with
the conversion centre to say ‘Convert
this our customer’s car for free.’ Not
free in its entirety.

“But then you now go and covert your
vehicle. What happens is that the
installer will put some form of
mechanism that each time you buy the
gas; a certain amount will be deducted
to pay for the conversion kits.”

Dimissing fears of many Nigerians seeing the
conversion fee as expensive, the aide noted that
payment can be done within five to seven
months.

Derefaka said;

“And that in its self has saved you the
use of gas in lieu of petrol to about
45-50 per cent,” the Marine
Engineering graduate from the Rivers
State University (RSU), Port Harcourt
added. “So, there is a huge cost-saving
in that regard.”

https://www.channelstv.com/2020/12/02/vehicle-owners-to-pay-n250000-to-convert-cars-to-autogas-says-fg/

Re: Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by Simplehuman: 2:16pm On Dec 02, 2020
FG is mad. Who will pay?
Re: Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by Mayng01(m): 2:17pm On Dec 02, 2020
What the heck!
Re: Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by madmohamed(m): 2:18pm On Dec 02, 2020
ExAngel007:
Car owners in the country will have to
pay N250,000 to convert their cars to autogas.

Justice Derefaka, Technical Adviser on Gas
Business and Policy Implementation to Minister
of State for Petroleum, Timipre Sylva who
appeared on a Channels Television programme on
Wednesday December 2 after the Group
Managing Director, Nigerian National Petroleum
Corporation (NNPC), Mele Kyari on Tuesday
December 1 said that one million cars are to be
powered by Autogas free of charge, averred
that vehicle owners will have different payment
plans to covert their cars to autogas.

He said;

“The cost varies. So in terms of cost
implication, it depends on the cylinder
of the vehicle and of course, for a
typical SUV cylinder, it is a bit higher
but on the average, it is around
N200,000 to N250,000 and this is for a
four-cylinder vehicle but it becomes a
little bit higher for a six-cylinder SUV
vehicle.”

Also commenting on the different payment plans
for car owners who want to convert their cars,
Derefaka stated that the conversion is not
totally free.

He added;

“The owner of the car basically will
decide to say I want to run on autogas
or CNG or LNG and like the honourable
minister had mentioned it as well,
conversion basically, has different
strands, you can partner with your bank
and then the bank will now agree with
the conversion centre to say ‘Convert
this our customer’s car for free.’ Not
free in its entirety.

“But then you now go and covert your
vehicle. What happens is that the
installer will put some form of
mechanism that each time you buy the
gas; a certain amount will be deducted
to pay for the conversion kits.”

Dimissing fears of many Nigerians seeing the
conversion fee as expensive, the aide noted that
payment can be done within five to seven
months.

Derefaka said;

“And that in its self has saved you the
use of gas in lieu of petrol to about
45-50 per cent,” the Marine
Engineering graduate from the Rivers
State University (RSU), Port Harcourt
added. “So, there is a huge cost-saving
in that regard.”

https://www.channelstv.com/2020/12/02/vehicle-owners-to-pay-n250000-to-convert-cars-to-autogas-says-fg/
this government is like driving whit out a license not even expired one
Re: Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by dawnomike(m): 2:20pm On Dec 02, 2020
I laff in Urhobo ... payments can be completed in 7 months. How much us minimum wage? grin cheesy
Re: Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by BabaIbo: 2:23pm On Dec 02, 2020
LoL...

By the time this government is done, even the rich will feel their effect, that is if they are not feeling it yet.
Re: Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by richiemcgold: 2:28pm On Dec 02, 2020
should we condemn or commend this idea?
Re: Car Owners To Pay N250,000 To Convert Cars To Autogas - FG by Mynd44: 2:36pm On Dec 02, 2020

(1)

Official: 50 Killed In Katsina Fire Outbreaks / REVEALED : Why Gov. Ikpeazu Suspended His Chief Of Staff, Agbazuere (photos) / S/west PDP: Ondo Senator Hails Fayose Says Gov. Makinde Is Prime Reason PDP Lost

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 19
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.