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FG makes major move to relieve Nigerians of petrol price hike hardship

The Presidential Initiative on Compressed Natural Gas (CNG) has begun distributing 1,000 vehicle conversion kits in various states to help alleviate the effects of the fuel subsidy removal.

During a press briefing in Abuja to announce the start of the distribution, Programme Director Michael Oluwagbemi highlighted that the initiative is expected to reduce transportation costs.

It would be recalled that President Bola Tinubu had launched the Compressed Natural Gas (CNG) initiative to fuel vehicles at the rate of N230 per litre in an effort to provide Nigerians with a more affordable and sustainable alternative to petrol and diesel.

1,000 CNG conversion kits to states

Oluwagbemi noted that the program aims to convert approximately three million vehicles over the next three years, creating more than 100,000 direct jobs within that time frame.

He mentioned that commercial transport operators will receive free conversions to further ease the impact of the subsidy removal by lowering transportation expenses.

Moses Onate, the warehouse manager at the PiCN facility, shared details about the conversion kits during a recent press event at their warehouse in Ibafo, Ogun state.

He announced that the distribution is being conducted under the codename “first come, first serve.” Onate reported that 450 conversion kits have already been allocated to various states, with another 550 ready for distribution.

He stressed the importance of Nigerians adopting this initiative, pointing out its potential to significantly lower fuel costs for vehicle operation.

The conversion kits are specifically designed to allow vehicles to run on compressed natural gas, which serves as a cleaner and more cost-effective alternative to petrol.

NNPC unveils six new locations for CNG

In related news, Legit.ng reported that NNPC Ltd has called on Nigerians to consider switching to Compressed Natural Gas (CNG). The NNPC has ramped up efforts to expand the availability of CNG at its filling stations nationwide amid rising petrol prices.

The company said CNG stations are now available in Abuja at Gaduwa, Wuse, Gudu, Dei Dei, Ushafa, and Gwagwalada.

 

Source: www.legit.ng

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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