Fed Govt set to convert over one million vehicles to CNG by 2027

The Nation Newspaper Fed Govt set to convert over one million vehicles to CNG by 2027

has set measures in place to provide an alternative to Premium Motor Spirit commonly known as petrol by promoting the use of compressed natural gas, CNG as an alternative to one million vehicles on Nigerian roads by 2027.

This meeting according to the program Director is to formalize partnership with the Nigerian Institute of Transport Technology, , and FEMADEC Group, amongst others as this is aimed at catalyzing sustainable transportation in Nigeria. “Our goal in the Presidential CNG Initiative, as stated by the President in his October 1st speech is to make 55,000 conversion kits immediately available to the Nigerian public so that we can begin to jumpstart the CNG revolution. The palliative program as described by the President in his July 31st speech is here until March 31 of 2024. So, technically speaking, we are expected to roll out 55, 000 within that time frame.

Speaking, the Special Assistant on Special Duties and Domestic Affairs to the President, Toyin Subaru, said, It is all about substituting import. We spend over 5 billion dollars on petrol to import it and that is what is causing all these subsidy problems that we have. We have a goal of one million vehicles by the year 2027 and that allows Nigeria to save about 20 billion dollars in ten years and also allows us to manage transport inflation.

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