The Presidential Initiative on Compressed Natural Gas (CNG) has commenced the distribution of 1,000 conversion kits across various states to alleviate the effects of fuel subsidy removal. The initiative aims to reduce transportation costs by enabling vehicles to run on compressed natural gas, a more affordable alternative to petrol.
During a press conference in Abuja, Programme Director Michael Oluwagbemi highlighted the project’s long-term goals, stating that the initiative will create over 100,000 direct jobs within three years, with plans to convert around three million vehicles in the same timeframe.
Oluwagbemi emphasized that commercial transport operators will have their vehicles converted to CNG free of charge, a move intended to lower transportation costs and mitigate the impact of the fuel subsidy removal on citizens.
At the facility in Ibafo, Ogun State, Warehouse Manager Moses Onate showcased some of the conversion kits to the media. He revealed that 450 kits have already been distributed, with another 550 set for release under the “First Come, First Serve” distribution strategy.
Onate urged Nigerians to embrace the initiative, noting its potential to reduce fuel expenses significantly. The conversion kits allow vehicles to operate on compressed natural gas, which is both cleaner and cheaper than petrol, offering an environmentally friendly and cost-effective solution to the nation’s fuel challenges.
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