• Nigerian Government Votes N36bn to Convert 30,000 Vehicles

  • Jul 22 2024
  • Duración: 1 m
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Nigerian Government Votes N36bn to Convert 30,000 Vehicles Por arte de portada

Nigerian Government Votes N36bn to Convert 30,000 Vehicles

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  • The Federal Government will spend an average of N36bn to convert 30,000 petrol or diesel-powered vehicles to start running on Compressed Natural Gas in the next 90 days. The government says it had acquired 30,000 CNG conversion kits for distribution free of charge nationwide within the period. The Project Director and Chief Executive Officer of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, says President Bola Tinubu is taking steps to ensure transporters use CNG to replace high-priced petrol and diesel, believing this would reduce the cost of transportation and by extension, the rising cost of food items. The PCNGi boss says the President is interested in distributing one million CNG kits to commercial drivers across Nigeria as palliatives.
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