The Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, has assured Nigerians that the planned rollout of Compressed Natural Gas buses will reduce CNG price to N230 per kg.

This is coming amidst plans by the government to deploy 11,500 gas-powered buses across the country from next week, as part of measures to ease current transportation challenges.

Subaru said the initiative would help Nigerians save two-thirds on transportation costs and promote the use of CNG as an alternative to petrol.

The presidential aide made this known at a stakeholders’ meeting held at the Bank of Industry headquarters, on Sunday in Abuja

The PUNCH reports that the meeting was to formalise a partnership with the Nigerian Institute of Transport Technology, FEMADEC group, among others to facilitate sustainable transportation in Nigeria.

He said, “Now, with this CNG plan, we don’t even have to import what we need to operate our vehicles. It is called CNG and we have the gas here in Nigeria. So, the idea is just to take the gas to distribute it across Nigeria via different truck stations.

“Most gas is not CNG enabled yet and what we are doing is to help them convert their cars so you can use petrol and CNG at the same time.

The Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, has assured Nigerians that the planned rollout of Compressed Natural Gas buses will reduce CNG price to N230 per kg.

This is coming amidst plans by the government to deploy 11,500 gas-powered buses across the country from next week, as part of measures to ease current transportation challenges.

Subaru said the initiative would help Nigerians save two-thirds on transportation costs and promote the use of CNG as an alternative to petrol.

The presidential aide made this known at a stakeholders’ meeting held at the Bank of Industry headquarters, on Sunday in Abuja.

The PUNCH reports that the meeting was to formalise a partnership with the Nigerian Institute of Transport Technology, FEMADEC group, among others to facilitate sustainable transportation in Nigeria.

He said, “Now, with this CNG plan, we don’t even have to import what we need to operate our vehicles. It is called CNG and we have the gas here in Nigeria. So, the idea is just to take the gas to distribute it across Nigeria via different truck stations.

“Most gas is not CNG enabled yet and what we are doing is to help them convert their cars so you can use petrol and CNG at the same time.

“We are going to develop an app that will enable you locate where a CNG station is located. We should be able to buy gas for our cars at N230 per KG as against the cost of petrol which is N680 per litre. This should help every Nigerian save about two-thirds of their transport cost.”

He added that the Federal Government plans to have one million CNG vehicles on Nigerian roads by 2027.

On his part, the Programme Director, the Presidential CNG Initiative, Micheal Oluwagbemi, said the government intends to establish 1000 conversion workshops across the country, adding that the initiative will help provide over 50, 000 jobs and cushion the effect of subsidy removal.

Oluwagbemi said, “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 programme as described by the president will last until March 31, 2024. So, technically speaking, we are expected to roll out 55,000 within that time frame.

“Given of course naturally, we are quite a bit constrained when it comes to the number of workshops and there’s a reason why we’re here today. We only have seven functional workshops in the country. In our estimate, we need about 1000 to be able to achieve our goal.

He added that with an ongoing partnership with relevant stakeholders, 55,000 CNG conversion kits for existing PMS-dependent vehicles will be launched within the time frame specified by the President.

He stated, “Today, we’re rolling out our initial partnership because there’ll be more partners, and there’ll be more investors in the sub-sector with four, one of them being a national Nigerian Institute of Transport Technology to roll out an additional seven workshops in the next 14 days.

“We believe they can do more but what we will have to do is to double what they have in 14 days and from there we can start doubling after 14 days, in that way we can be able to get closer to our goal of having workshops everywhere there is CNG in Nigeria so that we can convert those 55, 000 vehicles.

“We have a goal, one million vehicles by the year 2027, and that allows Nigeria to save about $20bn in ten years and also allows us to manage transport inflation.

“You will have five people working there in two days. So, if we have 1,000 workshops, we are talking about 5,000 jobs for technicians, including the cost of the labor and manpower that will go into the increased supply of CNG, processing stations, model stations, and refueling stations that will not run on this ecosystem.

“So, the number of jobs that will be rolling out under this program, even under the pilot phase in six months, easily with support of about 50,000 jobs, 50,000 jobs that never existed before that will be supported by this program.”

https://punchng.com/presidency-says-cng-to-cost-n230-per-kg/[b][/b]

That was supposed to start from yesterday. right?
Action should speaker louder. I however did not see where oct 29, 2023 was mentioned.
modified
I can see that you have removed the oct 29, 2023 starting date headline

Hmmm

Please Help Tinubu /APC Supporters With Foodstuff or Financialy If U Can

Interesting.

CnG is different from LnG.

But putting hope on statement like this is directly proportional to one using his hands to seek High blood pressure.

Hmmmmmm

Can it be used for cooking?

The initiative would help Nigerians save two-thirds on transportation costs and promote the use of CNG as an alternative to petrol.

God bless Nigeria 🇳🇬.

Anything to move our Darling country forward is all we want at MANNA.

We Rise.

Nice one.
I hope actions will be taken to bring this to reality.
We do not want stories again.

Hope we can cook with it

Stories as usual... Where AirNigeria?😔😔😔

LPG once sold for 250naira per kg but today it's 1100naira per kg

Pms & other refined products will not be expensive if we refined it locally

The moment theres high demand of CNG, the price skyrocket then we are back to square 1

Brainless people in government. Watch cng skyrocket when demand goes up. Even if water miraculously start powering cars it’ll still skyrocket in price.

Believe this shit at your own risk

For over 5months ordinary CNG they cannot achieve, bunch of useless thieves

Lts just watch and see.Seeing is believing.

The person who is spearheading this idea should be given the CNG-powered vehicle as his or her official vehicle.

It’s almost December and for the first time nobody is looking forward to Christmas 🎄

This people talks too much.

Talk and no do govt

Nigerians how far

ecolime:
Una dey play shey?

Na marketers go determine the final price. Those guys greedy no be small.

Become a marketer and sell at a cheaper price.

Renewed audio

Cheap

Mere verbal decleration without concrete action on ground will amount to nothing. A kg of gas is now #1200 in my place because the demand on petrol has been shifted to gas that is being used by almost all households.
Kerosene is #1300, desiel is #1150. APC has destroyed everything.

I remember when Patience Jonathan in Calabar Stadium in 2015 says " all of you shouting change change, by the time APC is done with you, even changi wey remain for una pocket no go fit buy anything" , I never knew she prophetically telling us what await us