 In business news, Special Advisor to President Bola Tinobu on energy, Olu Verhejen, has highlighted the Green Gas Initiative's role in mitigating the impact of fuel-subsidic removal. Represented by Eriji Anogurua at a groundbreaking ceremony of Portland Gas Green Park in Lagos, Verhejen expressed a Nigerian government's commitment to promoting cleaner and more efficient energy alternative. Our correspondent, Paul George, was there. It's a new dawn for Nigerians as captains of industries gathered to witness the unveiling of an innovation, the conversion of compressed natural gas, CNG, to serve as an alternative to auto fuel, petrol or diesel. The Special Advisor to the President on energy believes that adopting CNG could yield a minimum of 40% savings compared to traditional fuels. The convener, Follajimi Muhammad, clarifies that the cost of converting vehicles from petrol or diesel to compressed natural gas hinges on the engine's capacity. In addition to economic advantages, Muhammad underscored the environmental benefits of CNG, citing reduced greenhouse emissions, lower pollution and enhanced safety during collisions. This event is not only timely, but dovetails neatly into the president's recently launched presidential compressed natural gas initiative. It was launched as part of his commitment to change the transportation landscape, reduce energy costs, stimulate economic growth and foster a cleaner environment by reducing carbon emissions. With the removal of fuel subsidy right now, we can see that the pricing for CNG is more affordable. When you compare the price of CNG right now, which ranges between $270,000 to $300,000 depending on where you're buying it from, and compared to the cost of petrol, about $600,000 or diesel at $1,000, you can certainly say it's a lot of comparative savings, close to about 56% or 76% of savings. We're going to have less pollution if you use CNG. Thirdly, in terms of safety, it's extremely safe because CNG, which contains methane, it's extremely light and lighter than air. So once it disperses into air, it's gone into air. Also, former Nigerian senator and ambassador to Ghana, Musili Obanikuru urged the government to encourage more of this innovation for a better future. He spoke alongside the president of Virtual Gas Infrastructure Association of Nigeria, Ubani Nkanginime, and the chairman of Koshofeluka government, Muya Shturi Ogulewe. A car that takes 40,000 litres of fuel can use a 3,000 watt of gas for the same purpose. So that speaks for itself. I don't think there is any need for me. Apart from the cost, it's also environment friendly. So I think what we are witnessing here today is something salutary and I just hope and pray that the government will continue to support this initiative. It was my pleasure to admit Jimmy into VJ and Jimmy has not for one second let us down. I am very happy that we are here today and I do know that you're going to see the things he has done already. You're also going, if we can make sure that most of our cars are using gas and fuel, that's what that does. That would also help the federal government on this issue of subsidy. If your fuel is finishing, you can easily switch to gas and what that does for us in this country is clear sustainability development that's happening all over the world. All of this should be encouraged in all the states for development of the country. Mohamed highlighted that each conversion centre could handle around 25 vehicles daily contingent on technician availability. He suggested that establishing a framework for specific car models could expedite the conversion process. Paul George, Plus TV News. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.