Introduction of CNG buses will reduce cost of CNG to N230 per kg – FG 

The Federal Government has assured Nigerians that the planned introduction of Compressed Natural Gas (CNG) buses will reduce the price of CNG to N230 per kg.  

This 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 on Sunday in Abuja.  

This is coming against the backdrop of the Federal Government’s initiative to deploy 11,500 CNG-powered buses nationwide from next week, to ease the transportation challenges brought about by subsidy removal.  

The presidential aide stated that the introduction of CNG-powered mass transit buses would help Nigerians save two-thirds of transportation. In addition, he noted that the initiative would also promote the use of CNG as an alternative to petrol.  

What Subaru said:  

The presidential aide further stated that the Federal Government intends to have one million CNG-powered vehicles on the roads by 2027.  

Michael Oluwagbemi, the Programme Director of the Presidential CNG Initiative, in his remarks, stated that the Federal Government plans on establishing 1,000 conversion workshops nationwide, adding that over 50,000 jobs will be created as a result of the initiative.