Yesterday, President Bola Tinubu mandated that all future vehicles, generators, or tricycle acquisitions by the Federal Government and its agencies must utilize either compressed natural gas (CNG), solar power, or electric energy sources.

- This is part of the President’s drive to ensure Nigerians adopt the CNG initiative of the administration as the nation prepares to transition to cleaner energy.
- The latest unofficial figures put Nigeria’s gas reserves at 208trn cubic feet which is 33% of Africa’s entire gas reserves and one of the highest in the world. Despite this, the use of gas in the country is ridiculously low and the CNG initiative aims to change that.
- ⁠With the new directive, adoption of CNG is expected to start from government agencies with mechanisms for public adoption already set in place.

- ⁠NIPCO is setting up 32 refilling stations across the country.

- ⁠BOVAS is setting up another 14 in various locations across the country.

- ⁠Mikano, Brilliant EV, JET motors and Mojo have all gotten approval to assemble semi-knocked down CNG buses in the country with a new plant already established along the Lagos-Ibadan expressway.

- ⁠Filling a tank can be equivalent to N55,000 of PMS will cost just N15,000 for CNG.

- ⁠This is expected to have a massive impact on prices of goods and services in the nation and drive down inflation in the long run.
- ⁠As a nation we have no business with energy poverty and President Tinubu has set the ball rolling.

This is Nigeria’s decade of Gas and like the President said during the campaign, “we are going to compete”.