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USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880
USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880

Private Operators Shun Investment In CNG Stations, Facilities Over High Capital Outlay, Long Break-even Period

Private downstream petroleum sector operators and marketers are shying away from investing in Compressed Natural Gas (CNG) stations and facilities across Nigeria, citing the huge capital outlay required to build the…

Aggregated · originally by Leadership
14 Sept 2026, 02:45 WAT · 3 min read
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Private Operators Shun Investment In CNG Stations, Facilities Over High Capital Outlay, Long Break-even Period

Private downstream petroleum sector operators and marketers are shying away from investing in Compressed Natural Gas (CNG) stations and facilities across Nigeria, citing the huge capital outlay required to build the…