Nigerians will witness drop in transportation costs from October 1, Tinubu insists
President Bola Tinubu insists Nigerians will see a drop in transportation costs from October 1, urging states to ensure savings from CNG-powered vehicles l Read More: https://punchng.com/nigerians-will-witness-drop-in-transportation-costs-from-october-1-tinubu-insists/
President Bola Tinubu has called on state governments to ensure that the savings generated from cheaper CNG-powered transportation are passed on to citizens in the form of lower fares starting from October 1. This announcement comes after a meeting with the 36 state governors on August 27, during which the National Affordable CNG Transit Programme was established.
The goal is to start seeing "measurable reductions in transportation costs" for Nigerians from October 1. Tinubu urged states to work with transport unions and commercial operators, facilitate required infrastructure, and ensure that the savings from cheaper energy reach citizens through lower fares. Several states have already reported reductions in transport fares through CNG-powered and electric buses, including Borno, Kaduna, Oyo, Adamawa, Enugu, and Plateau.
The federal government will continue to support CNG infrastructure, conversion capacity, and participation by various stakeholders to accelerate the program and bring the savings to more Nigerians.
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