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Saturday, 15 March 2025
Business

CNG: FG introduces fuel at N230 per litre

In a strategic move to reduce fuel costs and provide Nigerians with an affordable alternative to petrol and diesel, President Bola Tinubu has facilitated the availability of Compressed Natural Gas (CNG) for vehicles at N230 per litre.

This initiative offers a cheaper and cleaner alternative to petrol, which currently sells for over N900 per litre, reflecting the president’s commitment to lowering the cost of living and mitigating the impact of fuel subsidy removal.

The Presidential Compressed Natural Gas Initiative (PCNGi), launched under President Tinubu’s directive, aims to deliver significant benefits by cutting fuel costs for Nigerians.

The introduction of CNG as a fuel source aligns with the government’s push towards energy diversification and is designed to provide immediate relief, especially for those whose livelihoods depend on transportation.

According to a statement by the Project Director, Mr. Michael Oluwagbemi, President Tinubu has ordered the distribution of one million free CNG conversion kits to commercial vehicles transporting people, food, and goods.

“These kits, along with free installation, will be rolled out over the next 18 months to help the transport sector transition to CNG and take advantage of the lower fuel prices. The distribution of these kits will be done in collaboration with key partners, ensuring accessibility nationwide.

“In the first phase, PCNGi will begin distributing 10,000 free conversion kits this week. These kits will be provided at no cost to transport operators through national transport associations like the National Union of Road Transport Workers (NURTW), Moove, UBER, and the Kaduna State Transport Authority (KSTA). This will allow commercial drivers to switch their vehicles to run on CNG, easing the cost burdens on transporters and the public,” the statement said.

The distribution process is supported by PCNGi in partnership with NIPCO Gas, which will manage the conversion process through a network of authorized centres across Nigeria.

These centres will provide the necessary infrastructure and services to ensure a smooth transition for vehicles switching to CNG.

The initiative is expected to help Nigeria embrace a cleaner, cheaper, and more sustainable fuel alternative, benefiting both the economy and the environment.

“The government’s goal is to distribute the full 1 million conversion kits by the end of 2025, ensuring Nigeria’s commercial transport sector adopts CNG, reducing dependence on expensive petrol and diesel.

For more details on the conversion centres and the full list of active centres, please visit: https://pci.gov.ng.

“This initiative reflects President Tinubu’s broader vision for a more resilient and economically sound Nigeria, providing citizens with a practical solution to rising fuel costs while promoting sustainable energy practices,” the statement concluded.

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