The Federal Government has reaffirmed its commitment to reducing transportation costs for Nigerians by deepening the adoption of Compressed Natural Gas CNG as a cheaper and cleaner alternative to conventional fuels.
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said more than $2 billion in private investment had been secured since the launch of the CNG Initiative in 2023.
Ekpo disclosed that more than 120,000 vehicles had so far been converted through over 400 conversion centres, while more than 90 CNG refuelling stations were operational nationwide.
He added that 7,700 technicians had been trained and more than 10,000 jobs created, noting that commuters, transporters and fleet operators were already recording significant savings on fuel costs.
The minister commended President Bola Tinubu’s directive for the establishment of 500 additional CNG refuelling stations, which he said would expand the national network to 1,000 stations.
Ekpo also urged more state governments to key into the programme, saying wider adoption of CNG would further reduce transportation costs and ease the economic burden on Nigerians.