LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...
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METHANOL FUEL ADOPTION KEY TO SUSTAINABLE NATIONAL DEVELOPMENT.(PHOTO).#PRESS RELEASE.

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METHANOL FUEL ADOPTION KEY TO SUSTAINABLE NATIONAL DEVELOPMENT


The Honourable   Minister of Science, Technology and Innovation Dr. (Sen.) Adeleke  Olorunnimbe  Mamora has said in a bid to unlock Nigeria Methanol Fuel sub-sector potential, Federal  Government’s intervention fund is needed to promote sustainable development.

The Minister said this during a Round Table Interaction Session with Abuja Chamber of Commerce and Industry (ACCI) recently, in Abuja.

According to the Minister, Methanol development is a strategic project, to further reduce total dependence caused by carbon emission, as well as embracing local content.

Mamora said that the theme ‘’Enhancing Business opportunity for a methanol ‘driven economy’’ is aimed at engaging with the business community and to discuss the feasibility studies for the wide adoption of methanol fuel technology in Nigeria.

He noted that the initiative is in accordance with the present administration order, to create jobs and move 100 million Nigerians out of poverty in the next 10years.

The Minister further stated that this can be achieved through the utilization of methanol extensive value chain aimed for industrialization and substantial development.

To this end, the Minister enumerated various benefits to be derived which include improved electricity supply ,  reduction in carbon footprint in transportation and job creation amongst others.

The Minister further stated that the Ministry   has undertaken various projects to boost the country’s climate change action through   deployment of cutting edge hydrogen fuel cells technology, using Methanol as electricity supply in Nigeria.

He noted that by signing a Memorandum of Understanding (MOU) between South Africa and Nigerian Company for Technology transfer the Federal   government has provided a counterpart funding of $2.7 million for the projects.

He then, disclosed that the Federal  Ministry of Science ,Technology and Innovation (FMSTI) initiative is aimed at finding solution to Nigeria’s pursuit of green industrialization, job creation taclking the impact of climate change , and aiming at a net –zero position by the year, 2060.

Earlier, the Director of Environmental   Science, Technology Department (EST) of the Ministry, Dr. Peter Ekweozoh said that the Ministry has conducted a comprehensive feasibility study for methanol production in Nigeria.

He further said that this will create an enabling environment   for ACCI  Council members, and drive the business aspect of Methanol production in Nigeria.

He also revealed   that FMSTI is working   on implementation of hydrogen fuel cells using Methanol   in the country,

Speaking, the President of Abuja Chamber of Commerce, and Industry (ACCI) Dr. AI-Mujataba Abubakar   opined that  Methanol production will serve as a viable alternative energy source in the country, adding that  Nigeria will leverage on the resource to transit to enviable development and economic self reliance of the country. 

Signed

Atuora Oed O.

17th June,2023


 

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