Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

FG records 160 operational CNG stations, targets 500 more

The Federal Government has disclosed that Nigeria currently has about 160 operational Compressed Natural Gas refuelling stations, while another 170 facilities are at different stages of development… Read More: https://punchng.com/fg-records-160-operational-cng-stations-targets-500-more/

FG records 160 operational CNG stations, targets 500 more

The Federal Government in Nigeria reports a total of 160 operating Compressed Natural Gas (CNG) refuelling stations, with another 170 facilities currently under development and awaiting licensing. The initiative, led by President Bola Tinubu, aims to expand the adoption of alternative fuels and reduce transportation costs. Barrister Ismaeel Ahmed, the Executive Chairman of the Presidential Initiative on Compressed Natural Gas and Electric Vehicles, stated at the commissioning of a new CNG Integrated Refuelling Unit in Abuja that the country had moved past the experimental stage of CNG adoption.

Private investors have committed approximately $2.6 billion towards the infrastructure development across the nation.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at punchng.com →

More in Finance & Markets

More from Friday 6 November →