The Federal Government of Nigeria led by President Bola Tinubu has opened up on plans to introduce one million Compressed Natural Gas powered vehicles by 2027.
The announcement was made by the Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, during a stakeholders’ meeting held on Sunday at the Bank of Industry headquarters in Abuja.
Subaru revealed that 11,500 CNG-powered buses are scheduled to be deployed this week as part of this plan.
By addressing the transit issues brought on by the recent elimination of subsidies, this action seeks to offer the general public a workable answer.
The Federal Government assured that the introduction of CNG buses will significantly lower the price of CNG to N230 per kg, making it an affordable and eco-friendly option for the citizens.
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Subaru emphasized that the integration of CNG-powered mass transit buses will enable Nigerians to save up to two-thirds of their transportation costs.
Furthermore, he highlighted the initiative’s role in promoting CNG as a sustainable alternative to traditional petrol-based vehicles.
He said, ‘Now, with this CNG plan, we don’t even have to import what we need to operate our vehicles.
‘It is called CNG and we have the gas here in Nigeria. So, the idea is just to take the gas to distribute it across Nigeria via different truck stations.
‘Most gas is not CNG enabled yet and what we are doing is to help them convert their cars so you can use petrol and CNG at the same time.
‘We are going to develop an app that will enable you to locate where a CNG station is located. We should be able to buy gas for our cars at N230 per KG as against the cost of petrol which is N680 per litre. This should help every Nigerian save about two-thirds of their transport cost,’ he said.