The Federal Government has directed intensified efforts to promote Compressed Natural Gas (CNG) as a less expensive transport gasoline and speed up the rollout of 1 million CNG-powered vehicles nationwide.
Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, gave the directive in Abuja whereas receiving progress studies from the Presidential Initiative on CNG and Electric Vehicles (Pi-CNG & EV) and the Decade of Gas Secretariat.
Ekpo, in an announcement on Sunday, tasked the 2 our bodies with prioritising interventions, growing investments, increasing CNG infrastructure and strengthening nationwide adoption programmes.
He stated the Federal Government’s Auto CNG coverage should ship tangible advantages to Nigerians, significantly via decreased transport fares.
The minister stated the initiative had change into crucial following petrol subsidy removing and the necessity for extra reasonably priced, environmentally pleasant transport alternate options.
He added that Nigeria’s ample pure fuel assets supplied alternatives to cut back transport prices, deepen home fuel utilisation and stimulate financial progress.
Ekpo confused the necessity for sustained investments in refuelling infrastructure, automobile conversions and different vital parts to speed up CNG adoption.
He counseled Pi-CNG & EV’s management for its progress and warranted the initiative of continued Federal Government assist.
The minister additionally highlighted progress in home fuel consumption, noting that provide had exceeded two billion cubic toes every day for the primary time in Nigeria’s historical past.
“Nigeria is a gas nation with a gas reserves index of over 80 years, and that is why we are talking about the Decade of Gas,” he stated.
Ekpo stated the initiative aligned with President Bola Tinubu’s directive to make transportation cheaper via CNG.
“It is vital that we pay attention to the directive of Mr President to make transportation cheaper by way of CNG.
“We will continue to give you all the backing, to provide the necessary assistance to make sure we drive this project to a logical conclusion,” he stated.
Pi-CNG & EV Chairman, Ismaeel Ahmed, stated the initiative would enhance investments and broaden CNG infrastructure and automobile conversions nationwide.
He stated the efforts would assist wider CNG adoption and assist cut back transport fares for tens of millions of Nigerians.
Ahmed stated a joint business market examine by the Decade of Gas Secretariat supplied a framework for accelerating implementation, monitoring progress and figuring out gaps.
The Coordinator of the Decade of Gas Secretariat, Ed Ubong, described CNG as a key element of Nigeria’s vitality transition.
Ubong assured the initiative of continued assist for growing home fuel utilisation and exports to profit Nigerians and buyers. (NAN)
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