Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Nigeria’s Local Petrol Production Hits 48m Litres Per Day -FG

    June 23, 2026

    South African Rand Trades Sideways Ahead of Bond Auction

    June 23, 2026

    Wall Street Slips on Tech Stocks Selloffs, FTSE 100 Gains

    June 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Nigeria’s Local Petrol Production Hits 48m Litres Per Day -FG
    • South African Rand Trades Sideways Ahead of Bond Auction
    • Wall Street Slips on Tech Stocks Selloffs, FTSE 100 Gains
    • Oil Prices Fall as Iranian Crude Exports Boost Supply
    • XRP Slides, Extends 7-Day Loss in Absence of Buyers’ Conviction
    • GRAM Rises 6% as Bybit Listing Boosts Optimism, Access
    • DeXe Gains 60% as Traders Short on Bybit, Long on Binance
    • DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, June 23
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Nigeria, China Sign MoU to Localise Energy Infrastructure

    Nigeria, China Sign MoU to Localise Energy Infrastructure

    Olu AnisereBy Olu AnisereDecember 26, 2025 Economy No Comments2 Mins Read
    Nigeria, China Sign MoU to Localise Energy Infrastructure
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Nigeria, China Sign MoU to Localise Energy Infrastructure

    The Presidential Initiative on Compressed Natural Gas (Pi-CNG) and Electric Vehicles (EVs) has signed an agreement with You Jie Te Environment Technology Ltd (YJT) to localise the manufacturing of critical energy infrastructure in Nigeria.

    The Memorandum of Understanding (MoU) was signed when Mr Ismaeel Ahmed, Executive Chairman, PiCNG led a delegation on a five-day working visit to the factories and corporate offices of YJT in Chengdu and Hangzhou, China.

    The partnership is focused on localising the manufacturing and assembly of critical energy infrastructure in Nigeria, including CNG dispensers, refuelling stations, and electric vehicles charging facilities.

    Ahmed in a statement on Sunday said under the MoU, Pi-CNG and YJT would also integrate advanced IoT solutions into Nigeria’s CNG and EV ecosystem.

    YJT’s smart monitoring technologies will complement Pi-CNG’s National Gas Vehicle Monitoring System (NGVMS), enabling real-time oversight of refuelling equipment, operational performance, regulatory compliance, and economic data across stations nationwide.

    Speaking on the importance of the agreement, the Executive Chairman of Pi-CNG, said the collaboration would deliver far-reaching benefits beyond infrastructure development.

    “This partnership is a significant step forward in ensuring that Nigerians benefit not only from cleaner and more affordable transport energy, but also from job creation, skills transfer, and improved service reliability.

    “By localising manufacturing and deploying smart monitoring technologies, we are strengthening transparency, safety, and efficiency across the CNG and EV refuelling value chain ultimately delivering better outcomes for commuters, operators, and the broader economy,” he said.

    As part of the China engagement, the Pi-CNG delegation also paid an inspection visit to the factory of Sichuan Witent Technology Co. Ltd, where CNG conversion kits are manufactured.

    Discussions were held on potential investments in local assembly and full manufacturing lines in Nigeria to meet the growing demand for vehicle conversions and to further deepen local content within the gas-to-transport value chain.

    The engagements in China is Pi-CNG’s strategic and results-driven approach to international partnerships, technology transfer, and domestic capacity building.

    This also reaffirms the initiative’s commitment to expanding access to cleaner, more affordable alternative fuels, while supporting Nigeria’s transition toward a more resilient, inclusive, and sustainable transport energy system.

    YJT is a leading Chinese infrastructure and Internet of Things (IoT) solutions provider operating within the downstream oil and gas sector. #Nigeria, China Sign MoU to Localise Energy Infrastructure#

    CNG Sector Attracts $500m Investments – P-CNGI

    CHINA Energy Infrastructure Nigeria Pi-CNG
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    Nigeria’s Local Petrol Production Hits 48m Litres Per Day -FG

    South African Rand Trades Sideways Ahead of Bond Auction

    Wall Street Slips on Tech Stocks Selloffs, FTSE 100 Gains

    Oil Prices Fall as Iranian Crude Exports Boost Supply

    XRP Slides, Extends 7-Day Loss in Absence of Buyers’ Conviction

    GRAM Rises 6% as Bybit Listing Boosts Optimism, Access

    Add A Comment

    Comments are closed.

    Editors Picks

    Nigeria’s Local Petrol Production Hits 48m Litres Per Day -FG

    June 23, 2026

    South African Rand Trades Sideways Ahead of Bond Auction

    June 23, 2026

    Wall Street Slips on Tech Stocks Selloffs, FTSE 100 Gains

    June 23, 2026

    Oil Prices Fall as Iranian Crude Exports Boost Supply

    June 23, 2026

    XRP Slides, Extends 7-Day Loss in Absence of Buyers’ Conviction

    June 23, 2026
    Latest Posts

    Nigeria’s Local Petrol Production Hits 48m Litres Per Day -FG

    June 23, 2026

    South African Rand Trades Sideways Ahead of Bond Auction

    June 23, 2026

    Wall Street Slips on Tech Stocks Selloffs, FTSE 100 Gains

    June 23, 2026

    Oil Prices Fall as Iranian Crude Exports Boost Supply

    June 23, 2026

    XRP Slides, Extends 7-Day Loss in Absence of Buyers’ Conviction

    June 23, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.