In a bid to provide cheaper sources of automobile fuel, the Nigerian National Petroleum Company Limited has announced plans to float 35 state-of-the-art CNG stations that would be constructed nationwide, including three model stations
Once fully operational, the stations can service our 200,000 vehicles daily.
The Group Chief Executive Officer of NNPCL, Mele Kyari made the disclosure yesterday in Abuja at the unveiling of a strategic partnership with NIPCO to deliver the project.
Nipco Gas is currently operating 14 CNG stations across Nigeria and has converted over 7000 vehicles to run on CNG.
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Kyari said: “This is a very big moment for our country. We know that subsidy removal has translated to some spike in the cost of gasoline or PMS and Mr. President’s directive was very clear for the NNPC and its partners to do something so that we can have cheaper and cleaner fuel so that Nigerians can have relief and of course ultimately to reduce the cost of automobile fuel”
He said the first phase, comprising 21 CNG stations that would support intra-city transportation, would be ready by the first quarter of 2024. The second phase comprising 35 CNG stations will support intercity transportation.
The GCEO said the initiative would leverage Nigeria’s abundant natural gas resources to bring multiple benefits to Nigerians Including access to cheaper fuel, reduce cost of transportation, reduce carbon emissions, create new businesses as well as streams of job opportunities that will unfold.
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