FG targets 1m CNG vehicles to cut transport fares
The Federal Government has renewed its drive to deploy one million CNG-powered vehicles to reduce transportation costs for Nigerians after petrol subsidy r Read More: https://punchng.com/fg-targets-1m-cng-vehicles-to-cut-transport-fares/
The Federal Government of Nigeria is aiming to deploy one million compressed natural gas (CNG) vehicles across the country, in an effort to cut transportation costs and reduce fares for consumers. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed officials to accelerate investments in CNG refuelling infrastructure and vehicle conversions as part of this initiative.
The push for CNG-powered vehicles comes amid concerns over the rising cost of public transportation following the removal of petrol subsidy in 2023, which has increased the cost of running petrol-powered vehicles and placed additional pressure on household incomes.
Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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