[TOP STORY] Post-subsidy palliative: FG to spend N100bn on 3,000 units of CNG-powered buses | TheCable
has made provision to invest N100 billion between now and March 2024 to acquire 3,000 units of 20-seater buses powered by compressed natural gas .
The national address comes on the heels of widespread economic strain that has befallen the country following the removal of the petrol subsidy. “This new infrastructure fund will enable states to intervene and invest in critical areas and bring relief to many of the pain points as well as revamp our decaying healthcare and educational infrastructure,” he said.
“The buses will be shared with major transportation companies in the states, using the intensity of travel per capital.
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