President Bola Ahmed Tinubu has unveiled plans to introduce one million Compressed Natural Gas powered vehicles by 2027.
According to Daily Post, the Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, disclosed this during a recent stakeholders’ meeting at the Bank of Industry headquarters in Abuja.
He said that 11,500 CNG-powered buses are expected to be deployed nationwide soon.
The move is expected to address transportation challenges exacerbated by the recent subsidy removal, providing a viable solution to the public.
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.
Subaru emphasized that integrating CNG-powered mass transit buses will enable Nigerians to save up to two-thirds of their transportation costs.
He said, “Now, with this CNG plan, we don’t 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 to take the gas and 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.”