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Nigeria: Tinubu Orders 500 More Cng Stations, Targets Lower Transport Fares Nationwide

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Nigeria: Tinubu Orders 500 More Cng Stations, Targets Lower Transport Fares Nationwide
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What the report says

President Bola Tinubu has ordered the rollout of 500 additional compressed natural gas refuelling stations across Nigeria, a move that would lift the federal government’s planned total to 1,000 stations nationwide, according to Premium Times via AllAfrica. The announcement came on Thursday after a meeting with the Nigeria Governors’ Forum, where Tinubu said the states had agreed to take immediate steps to ease transportation costs.

The president said the government wants cheaper alternative fuels to translate into lower fares for commuters, especially on intra-state routes where many Nigerians feel transport price increases most sharply. He said the target is for lower fares to begin taking effect from October 1, and that a joint federal-state committee would be set up to push the plan forward.

Tinubu also pointed to the wider CNG push already underway. He said more than 120,000 vehicles have been converted to CNG so far, with additional conversion kits being processed, while the government continues to expand conversion centres and fuel infrastructure. The article says more than 100 gas projects are being financed through the Midstream and Downstream Gas Infrastructure Fund, including CNG mother and daughter stations.

The policy matters because it is part of the government’s response to transport inflation after the petrol subsidy removal. Premium Times reported that the administration believes CNG-powered vehicles can cut fuel costs significantly compared with petrol, and that those savings should be passed on to passengers.

Read the full report at AllAfrica →

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