Subsidy Removal: Over 1m CNG vehicles to be delivered by 2027— FG

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…moves to establish 1000 conversion workshops across Nigeria

…says initiative to provide over 50, 000 jobs, lower transportation cost

By Ezra Ukanwa

To promote Compressed Natural Gas (CNG) as an alternative to Premium Motor Spirit (PMS), commonly known as petrol, the Federal Government of Nigeria has unveiled plans to have one million CNG vehicles on Nigerian roads by 2027.

WhatsApp Image 2023 10 29 at 11.54.54 AM Subsidy Removal: Over 1m CNG vehicles to be delivered by 2027— FG

The program director, Presidential CNG Initiative, Engr. Micheal Oluwagbemi disclosed this at a stakeholders’ meeting held at MOFI in Bank of Industry, at the weekend, in Abuja.

The meeting was to formalise a partnership with the Nigerian Institute of Transport Technology, NITT, and FEMADEC Group, among others, to catalyse sustainable transportation in Nigeria.

Oluwagbemi said the government intends to establish 1000 conversion workshops across the country, adding that the initiative will help provide over 50, 000 jobs and cushion the effect of subsidy removal.

He explained that there…



Source: Vanguard Newspaper