Vice President Yemi Osinbajo on Monday hinted that the federal government’s plan for the use of Compressed Natural Gas (CNG) as an alternative to petrol will start with commercial vehicles.
Vice President Osinbajo, who spoke while fielding questions from State House reporters at the Presidential Villa, Abuja, said the experimentation of the plan had begun in Edo State.
- Osinbajo meets IGP, angry over police killings, arrests
- You have a future worth fighting for, Osinbajo tells Nigerian youths
The Vice President, who said the commercial vehicles would be able to use both gas and petrol after the conversation, said Dangote had turned over 4000 trucks to CNG motors.
He said that it was one of the options government was targeting to provide succour to the people.
Osinbajo, while speaking on the plan to use CNG, said: “One of those issues we have looked at is how to reduce the cost of gas and petrol. How do we ensure that people are able to go about their businesses buying cheaper energy?
“One of the ways is by using Compressed Natural Gas (CNG). And government has committed to do the conversion. First of all, we are starting with commercial vehicles. Most commercial transporters will have the capacity to use both gas and petrol. That is already being done, experimentally in Edo State. Dangote, for instance, has converted all his trucks to the use of CNG, and that is 4000 or even more of those trucks.
“It is not a particularly difficult thing to do for the commercial transporters, it may be expensive for the individual but that is also part of the commitment of government, to be able to do the conversion, and the price of gas comes at about almost half the price of petrol.”
The Vice President said Muhammadu Buhari understood the pains and burdens Nigerians were going through because of the economic aftermath of COVID-19 pandemic, stressing that that was the reason why the Federal government is considering palliatives that can offer succour to the people.
According to him, “we fully understand that we must have a way of ensuring that the pain that people feel, the economic difficulty that people are going through, that we are able to address those as much as possible.
“Which is why even in our current discussions with Labour, one of the issues we are looking at include, what sort of palliatives are possible for the Nigerian people. In what ways can we reduce the burden and how quickly can we do so.”
Osinbajo also said: “there are other creative ways that we are involved in at the moment, in reducing the burden on Nigerians, because we all accept that nobody expected a downturn in the economic fortunes of the country occasioned by the fallouts of COVID-19 pandemic.
“We had 12 consecutive quarters of growth before the pandemic, we were all expecting that 2020 will be the best year, since the beginning of the administration, but here we are, faced with challenges, global challenges, we also have our own peculiar problems.
“But the important thing is that the President and the government are committed completely in ensuring that Nigerians do not suffer needlessly and in whatever way it is possible, we will reduce the burden on Nigerians.”
