Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has announced that President Bola Tinubu is advocating for the conversion of numerous filling stations across Nigeria to Compressed Natural Gas (CNG) outlets. During a briefing after the Federal Executive Council (FEC) meeting on Wednesday, Ekpo underscored Tinubu’s determination to extend the CNG initiative throughout the nation.
Ekpo highlighted the advantages of CNG, describing it as a safer, more cost-effective, and environmentally friendly alternative to traditional fuel. While Nigeria has abundant gas resources, he acknowledged that the primary obstacle is the lack of infrastructure to deliver gas to filling stations. Tinubu has instructed that the necessary infrastructure be put in place to support this transition.
He further explained that CNG offers substantial savings, with a litre priced at N200 compared to N1000 for petrol, allowing Nigerians to save N800 per litre. Ekpo noted that with increased involvement from private investors in the CNG project, the cost of converting vehicles to use CNG would decrease, making it a more viable option for the public.
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