The Federal Government has directed intensified efforts to promote Compressed Natural Gas (CNG) as a less expensive transport gas 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 reviews 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, rising 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 by means of diminished transport fares.
The minister stated the initiative had turn into crucial following petrol subsidy removing and the necessity for extra reasonably priced, environmentally pleasant transport options.
He added that Nigeria’s considerable pure fuel sources provided alternatives to cut back transport prices, deepen home fuel utilisation and stimulate financial progress.
Ekpo careworn the necessity for sustained investments in refuelling infrastructure, car conversions and different essential parts to speed up CNG adoption.
He recommended Pi-CNG & EV’s management for its progress and guaranteed the initiative of continued Federal Government help.
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 by means of CNG.
“It is vital that we pay attention to the directive of Mr President to make transportation cheaper through 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 improve investments and broaden CNG infrastructure and car conversions nationwide.
He stated the efforts would help wider CNG adoption and assist cut back transport fares for hundreds of thousands of Nigerians.
Ahmed stated a joint trade market research by the Decade of Gas Secretariat offered 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 power transition.
Ubong assured the initiative of continued help for rising home fuel utilisation and exports to profit Nigerians and traders. (NAN)
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