CNG

Federal Government would support states in expanding CNG infrastructure, vehicle conversions and public transport fleets, while urging governors to work closely with transport unions and commercial operators to ensure that lower energy costs translate into lower fares.

According to the minister, the investment has supported the expansion of CNG refuelling infrastructure, vehicle conversion centres, technical capacity and other components required to drive nationwide adoption.

In a statement, Tinubu said the objective was to ensure that Nigerians directly benefit from savings generated by the Federal Government’s energy transition programme, particularly as the administration expands CNG conversion centres and refuelling infrastructure nationwide.

The 36 state governors, on Thursday, rejected allegations that state governments have failed to properly account for funds accruing to them following the removal of the petrol subsidy, setting the stage for a fresh confrontation over the management of additional public revenues since the controversial reform.

Oil marketers said some financial institutions are partnering with vehicle owners and prospective CNG users to finance cylinder installations, reducing the upfront cost of switching from petrol.

Kaduna State's free Compressed Natural Gas mass transit scheme has saved commuters more than N3.5 billion in transport costs, with over 3.2 million passenger trips recorded since the initiative began. The state government has deployed 100 CNG-powered buses...

July 2 (THEWILL) — For thousands of Akwa Ibom residents burdened by rising transport costs, Governor Umo Eno's investment in a 50-bus Compressed Natural Gas (CNG) mass transit scheme is emerging as one of the administration's most impactful people-centred...

June 30 (THEWILL) — Akwa Ibom State has taken a significant step towards overhauling its public transportation system with the arrival of the first batch of 20 Compressed Natural Gas (CNG) buses ordered by Governor Umo Eno's administration. Governor Eno,...

June 1 (THEWILL) — The Federal Government has inaugurated a high-capacity Compressed Natural Gas (CNG) facility, reaffirming its commitment to deepening gas utilisation and expanding access to cleaner energy through sustained investments in gas infrastructure nationwide. President Bola Tinubu inaugurated...

October 13, (THEWILL) — Nigerian vehicle manufacturer, Innoson Vehicles Manufacturing (IVM) Limited, has disclosed plans to establish a Compressed Natural Gas (CNG) assembly plant in Bayelsa State. The Managing Director and Chief Executive Officer, Chief Innocent Chukwuma, stated this on...