₦airaland Forum

President Bola Tinubu says Nigerian motorists can now purchase a litre of Premium Motor Spirit, also known as petrol, at N1,000 per litre.

The president also noted that the equivalent of a litre of petrol, which is a Standard Cubic Meter of Compressed Natural Gas, can be had for N200.

Tinubu said this when he met with the executives of the Nigerian Independent Petroleum Company, led by the director, Mr Ramesh Kasangra, at the State House in Abuja Tuesday, according to a statement issued by the president’s Special Adviser on Information and Strategy, Bayo Onanuga, titled, “President Tinubu meets NIPCO executives, commends investments in the CNG sector.”

“Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200. We have also introduced incentives for commercial motorists to convert from petrol to gas” free of cost,” Tinubu said.


The statement read partly, “The President commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI).

“During the meeting, President Tinubu acknowledged NIPCO’s role as a critical player in enhancing the adoption of CNG as an alternative fuel, noting that such investments align with his administration’s energy security and economic diversification strategy.

“He emphasised the importance of public-private partnerships in driving the transition to cleaner and more affordable energy solutions for Nigerians.


“The President lauded NIPCO’s efforts in promoting and supporting the “Switch to CNG” campaign, which has been instrumental in boosting public awareness and providing affordable CNG conversion kits even before the official kickoff of the Presidential CNG Initiative.

In January 2024, NIPCO said it had invested over N100 billion to lay pipelines for easy access to CNG from existing major trunks across its operating states and to build CNG stations across the country.

Tinubu noted that the PCNGI has helped reduce Nigeria’s “reliance on petrol and cut down fuel costs for consumers, adding that the CNG, being a cleaner and more affordable fuel, reduces the carbon footprint and saves consumers significant fuel costs.

The president stressed his administration’s commitment to providing a conducive environment for private sector investments and expanding Nigeria’s CNG infrastructure to enhance energy efficiency and economic growth.

He further encouraged NIPCO to continue its innovative approach to CNG expansion while supporting the government’s broader goals in the energy sector.

In his remarks, the company’s director thanked the president for his steadfast support of the CNG sector, as he expressed NIPCO’s commitment to furthering the partnership with the government to ensure Nigeria’s energy transition remains on track.

He also assured Tinubu that the company was ready to invest in infrastructure to make CNG more accessible nationwide.

https://punchng.com/buy-petrol-n1000-litre-or-cng-at-n200-tinubu-tells-nigerians/

Tinubu till 2040
Like or share

Toh

Rplamer12:
Tinubu till 2040
Like or share

Rest.

To prove Nigerians should have voted grievingory Obituary right?

Now get this into your head. If the agulu fraud is the only candidate contesting against Tinubu in 2027, Tinubu will defeat him 2 hrs after commencement of voting.

That agulu fraud can be anything but president of Nigeria.

Nawa o

It's cheap because demand for it is relatively low. Once the demand hit its peak, they will tell us CNG is been subsidize and they want to remove the subsidy. At the point, people become giddy,don't know either to return to petrol powered car or CNG powered car because the cost of fueling both will be at par.

Richtaiwo:
Rest.

To prove Nigerians should have voted grievingory Obituary right?

Now get this into your head. If the agulu fraud is the only candidate contesting against Tinubu in 2027, Tinubu will defeat him 2 hrs after commencement of voting.

That agulu fraud can be anything but president of Nigeria.

on jagaban mandate I stand. Tinubu till 2040

treesun:
President Bola Tinubu says Nigerian motorists can now purchase a litre of Premium Motor Spirit, also known as petrol, at N1,000 per litre.

The president also noted that the equivalent of a litre of petrol, which is a Standard Cubic Meter of Compressed Natural Gas, can be had for N200.

Tinubu said this when he met with the executives of the Nigerian Independent Petroleum Company, led by the director, Mr Ramesh Kasangra, at the State House in Abuja Tuesday, according to a statement issued by the president’s Special Adviser on Information and Strategy, Bayo Onanuga, titled, “President Tinubu meets NIPCO executives, commends investments in the CNG sector.”

“Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200. We have also introduced incentives for commercial motorists to convert from petrol to gas” free of cost,” Tinubu said.


The statement read partly, “The President commended NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI).

“During the meeting, President Tinubu acknowledged NIPCO’s role as a critical player in enhancing the adoption of CNG as an alternative fuel, noting that such investments align with his administration’s energy security and economic diversification strategy.

“He emphasised the importance of public-private partnerships in driving the transition to cleaner and more affordable energy solutions for Nigerians.


“The President lauded NIPCO’s efforts in promoting and supporting the “Switch to CNG” campaign, which has been instrumental in boosting public awareness and providing affordable CNG conversion kits even before the official kickoff of the Presidential CNG Initiative.

In January 2024, NIPCO said it had invested over N100 billion to lay pipelines for easy access to CNG from existing major trunks across its operating states and to build CNG stations across the country.

Tinubu noted that the PCNGI has helped reduce Nigeria’s “reliance on petrol and cut down fuel costs for consumers, adding that the CNG, being a cleaner and more affordable fuel, reduces the carbon footprint and saves consumers significant fuel costs.

The president stressed his administration’s commitment to providing a conducive environment for private sector investments and expanding Nigeria’s CNG infrastructure to enhance energy efficiency and economic growth.

He further encouraged NIPCO to continue its innovative approach to CNG expansion while supporting the government’s broader goals in the energy sector.

In his remarks, the company’s director thanked the president for his steadfast support of the CNG sector, as he expressed NIPCO’s commitment to furthering the partnership with the government to ensure Nigeria’s energy transition remains on track.

He also assured Tinubu that the company was ready to invest in infrastructure to make CNG more accessible nationwide.

https://punchng.com/buy-petrol-n1000-litre-or-cng-at-n200-tinubu-tells-nigerians/

Tinubu is now forcing either to buy Petrol at N1k or CNG at N200. Drug lords don't have mercy, Nlfpmod. Nigeria dont know anything yet, by the time people cant commute, they will understand renewed hopelessness.

At least, we now have a price.

Usmanovic95:
It's cheap because demand for it is relatively low. Once the demand hit its peak, they will tell us CNG is been subsidize and they want to remove the subsidy. At the point, people become giddy,don't know either to return to petrol powered car or CNG powered car because the cost of fueling both will be at par.

You get it, same way cooking gas is unavoidable now.

Richtaiwo:
Rest.

To prove Nigerians should have voted grievingory Obituary right?

Now get this into your head. If the agulu fraud is the only candidate contesting against Tinubu in 2027, Tinubu will defeat him 2 hrs after commencement of voting.

That agulu fraud can be anything but president of Nigeria.

Reno Omonkey I know you are the one behind this Moniker, go and find food chop Peter Obi is not the reason for your frustrations

treesun:
The president also noted that the equivalent of a litre of petrol, which is a Standard Cubic Meter of Compressed Natural Gas, can be had for N200. Tinubu said this when he met with the executives of the Nigerian Independent Petroleum Company, led by the director, Mr Ramesh Kasangra, at the State House in Abuja Tuesday, according to a statement issued by the president’s Special Adviser on Information and Strategy, Bayo Onanuga, titled, “President Tinubu meets NIPCO executives, commends investments in the CNG sector.”
“Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200. We have also introduced incentives for commercial motorists to convert from petrol to gas” free of cost,” Tinubu said.

Tinubu has yet to convert his escalade, along with the many other cars in the presidential fleet, to using CNG! Tinubu is not interested in making sacrifices of any kind.

So tinubu administration knows how to cut cost yet it is the highest purchaser of luxurious cars and plane
Well let hope our President car is also running on CNG it will save the country a lot of money since the car is not fueled with his money😀

Thrasher2024:
Reno Omonkey I know you are the one behind this Moniker, go and find food chop Peter Obi is not the reason for your frustrations

That ediot is so predictable. The hate in him is terrible. Look up his name and you'll find him insulting either Peter Obi or Igbos, nothing else. He is a liability to nairaland but Seun is yet to sanitize this place of chimps like him.

N1,000 per litre of petrol is not a joke o. It's a call for serious consideration of CNG as an alternative.
May God bless Nigeria for ever!

Tinubu don smoke that thing again

Richtaiwo:
Rest.

To prove Nigerians should have voted grievingory Obituary right?

Now get this into your head. If the agulu fraud is the only candidate contesting against Tinubu in 2027, Tinubu will defeat him 2 hrs after commencement of voting.

That agulu fraud can be anything but president of Nigeria.

Aren't you tired of this rubbish you split everytime

Are you a kid or imbecilic cretin or what ?

Very unbecoming of an intelligent adult.

Richtaiwo:
Rest.

To prove Nigerians should have voted grievingory Obituary right?

Now get this into your head. If the agulu fraud is the only candidate contesting against Tinubu in 2027, Tinubu will defeat him 2 hrs after commencement of voting.

That agulu fraud can be anything but president of Nigeria.

U think like a retard

Mumu babablu bulabu.

Where's the CNG? Which refill CNG stations are in Nigeria?

Petrol that is being sold at 1,300 naira per liter

Richtaiwo:
Rest.

To prove Nigerians should have voted grievingory Obituary right?

Now get this into your head. If the agulu fraud is the only candidate contesting against Tinubu in 2027, Tinubu will defeat him 2 hrs after commencement of voting.

That agulu fraud can be anything but president of Nigeria.

Always about Tinubu defeating. Nothing about Tinubu governing the country like a reasonable person.

See how pathetic you guys reason. Elect a druglord to rule the country, let the citizens suffer. The main objective is for Obi not to be president, even if petrol is sold 2,000 naira per liter and a 50kg rice is sold for 130,000 naira.

Tinubu is the man!

The CNG initiative is a game changer.

tundegan:
Tinubu is the man!

The CNG initiative is a game changer.

Is Tinubu's All black Armored Cadillac escalade SUV CNG powered?

tundegan:
Tinubu is the man!

The CNG initiative is a game changer.

I can never change my car to cng, cng kill faster than u can imagine. Let tinubu and government officials convert their cars to cng.

Richtaiwo:
Rest.

To prove Nigerians should have voted grievingory Obituary right?

Now get this into your head. If the agulu fraud is the only candidate contesting against Tinubu in 2027, Tinubu will defeat him 2 hrs after commencement of voting.

That agulu fraud can be anything but president of Nigeria.

Richtaiwo, Peter Obi is not responsible for your frustrations, Tinubu's calamitous economic policies are responsible for it. Kindly channel your frustrations appropriately

The president is doing great.

The CNG initiative is a great way to reduce the impact of fuel prices on the average Nigerian.

I don't understand dis Una CNG shit... I still refill my cylinder for 1500 per kg .. I need explanation.. is CNG different from gas

My only fear and concern is that this is Nigeria where things always go hellwire....before you know it they will come up with one fallacy n say CNG price has increase from N200 to N900 so as to be close to petrol price of N1000!

Go to NIPCO at Gosa, Abuja airport road and see how Dangote trucks damaging the service lane queuing for CNG.
The worst queue is that of CNG.
Limited plants, unavailable conversion kits, high cost of conversion kits, disadvantage of conversion, uncertainty of safety that's why they chase you out of your car while filling, go and learn from Edo blast last week.

Ay04z:
I don't understand dis Una CNG shit... I still refill my cylinder for 1500 per kg .. I need explanation.. is CNG different from gas

CNG is different from LPG.
LPG is that cooking gas

N1000 per litre is even too cheap.

The CNG that BAT is making noise that it is N200 was about N45 in 2014. The price has gone up by over 300%.

What is the guarantee that as demand increases, the price won't shoot up like LPG has done today. LPG today has become more expensive than Kerosine...

When cars in neighbouring countries start converting to CNG, what happens? This same government would use it as an excuse to increase prices, same way they did for pms.

The incompetence of bat and the apc knows no bounds. They are just using a scattergun approach to governance. No strategy, no coordination, just throwing everything in the mix to give the impression of working well.