Take it or leave it, the country’s current economic situation is harsh for both the rich and the poor, and many are thinking of ways to cut costs and save more. The article examines the benefits of Compressed Natural Gas engines to Nigerians, especially low-income earners.
As the cost of Premium Motor Spirit, popularly known as fuel, is getting out of the reach of some vehicle owners globally, nations are turning to vehicles powered by Compressed Natural Gas.
In Nigeria particularly, since the escalation of fuel prices in June 2023, a lot is being talked about CNG vehicles. Governments have begun to procure buses powered by CNG for public transport, while private car owners are gradually converting their patrol-powered engines to CNG-powered engines.
In November 2023, DANDALI reported that the Federal Government revealed plans to introduce one million Compressed Natural Gas powered vehicles by 2027.
The announcement was made by the Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, during a stakeholders’ meeting held at the Bank of Industry headquarters in Abuja.
As part of this initiative, Subaru disclosed that 11,500 CNG-powered buses are expected to be deployed this week.
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The Federal Government assured that the introduction of CNG buses will significantly lower the price of CNG to N230 per kg, making it an affordable and eco-friendly option for the citizens.
Subaru emphasised that the integration of CNG-powered mass transit buses will enable Nigerians to save up to two-thirds of their transportation costs.
Ever since then, the government has continued to make efforts towards ensuring the availability of CNG stations in the country to service the over 200 million Nigerians.
In July, the Nigerian National Petroleum Company Limited said the drive to bring CNG closer to Nigeria.
