Tinubu's Government Targets One Million CNG Vehicles

The Nigerian government has renewed its initiative to roll out one million compressed natural gas (CNG)-powered vehicles across the country, as President Bola Tinubu celebrates reported reductions in bus fares in various states. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, directed the Presidential Initiative on Compressed Natural Gas and Electric Vehicles and the Decade of Gas Secretariat to identify investment gaps and expand refuelling station networks.

Ekpo noted that Nigeria's substantial gas reserves could enhance domestic gas consumption and stimulate economic growth. Ismaeel Ahmed, chairman of the initiative, reported that investments in CNG and electric transportation have contributed to fare reductions, with prices dropping from N1,500 to N500 in Abuja and from N4,000 to N1,600 in Enugu.

The president stated that these savings could allow households to allocate more funds for essential expenses. However, the broader adoption of CNG vehicles will depend on the expansion of refuelling infrastructure and the affordability of vehicle conversions.