FG, states target cheaper transport fares with CNG bus rollout

President Bola Tinubu has announced that state governors have agreed to reduce transportation costs nationwide. A joint federal-state committee will be established to ensure that cheaper Compressed Natural Gas (CNG) results in lower transport fares for commuters. According to Punch, this change is expected to take effect from October 1, 2026.

The President also disclosed that an additional 500 CNG refuelling stations will be rolled out nationwide, bringing the total planned number of stations under the Presidential CNG Initiative to 1,000. The governors have resolved to take measures to bring down transportation costs in their states, focusing on the cost benefits of CNG and electric vehicles.

The Federal Government is investing in energy transition, with over 120,000 vehicles converted to CNG nationwide and more than 100,000 additional conversion kits in the works, as per Punch Nigeria. The government is also expanding conversion centres and refuelling infrastructure nationwide, and financing over 100 gas projects across the country, including 15 CNG mother stations.

Brief written by urgent.news from Punch, Punch Nigeria — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.