Tinubu To Commission ‘Nigerian Made’ CNG Buses In Aso Rock

President Bola Tinubu is set to inaugurate Compressed Natural Gas (CNG) buses manufactured by Innoson Motors, an indigenous automobile manufacturing company located in Nnewi, Anambra State.

The CNG initiative, according to the government, is aimed at alleviating transportation challenges in the Federal Capital Territory (FCT), Abuja.

Currently, five of these CNG buses are stationed at the forecourt of the Presidential Villa, where the inauguration is scheduled to occur, Naija News understands.

It is anticipated that President Tinubu, who is presently leading a meeting of the Federal Executive Council (FEC), will shortly emerge to officiate the commissioning of the CNG buses.

It is noteworthy that Innocent Chukwuma, the Chairman and Chief Executive Officer of Innoson Motors, had a meeting with President Tinubu last week at the State House.

Tinubu’s CNG Initiative Promises To End Era Of Buying Fuel At ₦750 Per Liter

In July, the Nigerian government announced that the days of purchasing Premium Motor Spirit (PMS) at prices between ₦750 and ₦1000 per litre are over.

Naija News reports that this comes as the government prepares to commission 30,000 Compressed Natural Gas (CNG) powered vehicles within the next 90 days.

The Project Director and Chief Executive Officer of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, made this announcement during the Park to Park CNG Mobilisation program held at Ojota Park in Lagos.

Oluwagbemi revealed that the initiative would cost ₦36 billion, covering the distribution of 30,000 CNG conversion kits free of charge nationwide within the next three months.

Each kit and the associated conversion costs are valued at ₦1.2 million per vehicle, totalling ₦36 billion for the project.

He emphasized that this initiative aims to promote the adoption of CNG as an alternative fuel for transportation.

“Today, we are here with conversion kits. We have purchased over 30,000 of these kits for distribution within the next 90 days.

“The President has instructed us that this initiative will not stop at 30,000 kits. The target is one million kits. We want to ensure that everyone can benefit from this government initiative.

“The era of buying fuel at ₦750, ₦800, or ₦1000 per litre is over. We will start using the gas under our feet so that we can purchase it at ₦230 per kilogram,” he stated.

This initiative follows President Bola Tinubu’s directive for all Ministries, Departments, and Agencies to procure CNG-powered vehicles as a measure to mitigate the impact of the fuel subsidy removal.