On Thursday, July 11, 2024, the Nigerian government declared that converting petrol and diesel-powered commercial vehicles to run on Compressed Natural Gas (CNG) will be free. It disclosed this in Abuja after signing agreements with companies converting petrol and diesel vehicles to CNG. The government also said transport unions would benefit from the initiative, asking them to submit their cars at the various centres.....KINDLY READ THE FULL STORY HERE▶
According to reports, the programme director/chief executive of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, stated this after the agency signed agreements with the firms.
said: “Today, we’ve just signed up five partners in the FCT (Federal Capital Territory) to participate in the Conversion Incentive Programme. “The programme is tackling the barrier to Nigerian commercial transport operators to convert from PMS (petrol) to gas.
Most of them have said that the cost of conversion is expensive, and so what we are doing here today is basically to respond to that concern.”
He revealed that the agency has a robust monitoring mechanism around conversion and enforcing price reduction for Nigerians. Meanwhile, the Nigerian government also unveiled a list of centres that will convert petrol—and diesel-powered vehicles to CNG at no cost to vehicle owners under the Presidential Compressed Natural Gas Initiative, Punch reports.
The Federal Government has released a list of locations across the country where motorists can convert their petrol and diesel-powered vehicles to run on Compressed Natural Gas (CNG). This move aims to provide an affordable alternative, thereby reducing the cost of transportation, Legit. ng reported Michael Oluwagbemi, the Programme Director and Chief Executive of the Presidential Compressed Natural Gas Initiative (P-CNGi), speaking to journalists on Thursday, July 11, said the conversion would be at no cost for commercial transporters across different unions.