FG targets one million CNG vehicles to cut transport fares
The Federal Government has renewed its drive to deploy one million CNG-powered vehicles to reduce transport costs for Nigerians after petrol subsidy remova Read More:…
The push for compressed natural gas (CNG) as an alternative transport fuel has been a central plank of the Federal Government's response to the economic fallout from the May 2023 removal of petrol subsidy, which sent pump prices and transport fares sharply higher. The Presidential CNG Initiative was set up to accelerate conversion of vehicles from petrol to gas and expand refuelling infrastructure, on the premise that CNG is cheaper and more stable in price than petrol, given Nigeria's status as a major gas producer.
Progress on the programme has been slower than officials initially projected, with conversion centres and refuelling stations concentrated in a few cities and uptake constrained by the cost of conversion kits and limited public awareness. The reports agree the government is renewing its commitment to the one-million-vehicle target and directing officials to speed up investment in conversion and refuelling infrastructure, but none give a specific timeline, funding figure, or breakdown of how many vehicles have been converted so far — details likely to shape how credible the target is seen to be.