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Shortages Hit Nigeria's Drive Towards Natural Gas-Fuelled Cars
- On Tuesday in Abuja, the agency established by President Tinubu in August 2023 to promote compressed natural gas launched a discounted pricing scheme for CNG in vehicles, aiming to increase its adoption across the country.
- President Bola Tinubu established the PCNGI in August 2023 as a follow-up to scrapping fuel subsidies earlier that year to promote cleaner, cheaper fuel alternatives.
- The number of CNG daughter stations has increased from 20 to more than 65 nationwide, with two additional stations recently launched in Ibadan in partnership with Bovis; furthermore, 27 to 28 new stations are planned to open over the next four to five weeks.
- Omolara Ogunleye highlighted that the project has secured more than half a billion dollars in private funding and has provided training for upwards of 2,500 technicians, while Chijioke Uzoho emphasized that the framework promotes regulatory compliance and transparency within the market.
- Despite expansion, motorists face long queues for CNG, risking delays and loss of confidence that could stall Nigeria's plan to convert one million vehicles by 2026 and weaken economic benefits.
37 Articles
37 Articles
Shortages hit Nigeria’s drive towards natural gas-fuelled cars
Motorists in Nigerian cities are spending hours, or even days, queuing for natural gas to power their cars after the government promoted its use as an alternative fuel. Some are so frustrated they say they regret the decision to convert their vehicle engines to use compressed natural gas (CNG) instead of petrol or diesel. Murtala
FG Flags Off Concessionary Gas Pricing Framework for CNG Programme
Nigeria | 16 seconds ago •PCNGI targets 200,000 converted vehicles by year end Emmanuel Addeh in Abuja The federal government yesterday launched the concessionary gas pricing framework for Compressed Natural Gas (CNG) programme, with a view to making gas readily available and cheaper for the autogas segment in the country. Speaking at the ‘Mobility CNG Supply Framework Kick-off Event’ in Abuja, the Chief Executive of the Presidential CNG Initiat…
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