Why FG diverted ₦100bn CNG bus fund to vehicle conversions, tricycles — Official
An official has explained why the FG diverted its ₦100bn CNG bus fund from buying 3,000 buses to funding vehicle conversions and tricycles instead. Read More: https://punchng.com/why-fg-diverted-%e2%82%a6100bn-cng-bus-fund-to-vehicle-conversions-tricycles-official/
The Federal Government has altered its original plan to spend the ₦100bn allocation on 3,000 compressed natural gas buses, redirecting the funds towards vehicle conversions, tricycles, and higher-capacity buses, according to an official. The Presidential Compressed Natural Gas and Electric Vehicles Initiative, led by Tosin Coker, revealed this during an interview with ARISE NEWS.
The government decided to review the plan after its establishment in October 2023 and concluded that buying 3,000 buses alone would not adequately reach Nigerians. The revised programme aims to expand access to alternative-fuel transportation through vehicle conversions and different categories of buses, including 50-seater buses and smaller buses.
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