Friday, November 22, 2024
HomenewsPresidency Set to Launch CNG-Powered Vehicles Ahead of President Tinubu's Anniversary

Presidency Set to Launch CNG-Powered Vehicles Ahead of President Tinubu’s Anniversary

The Presidency has announced plans to launch approximately 2,700 Compressed Natural Gas (CNG) powered buses and tricycles before May 29, coinciding with President Tinubu’s one-year anniversary in office. The initiative aims to revolutionize Nigeria’s transportation sector while promoting cleaner and more sustainable energy solutions.

Under the Presidential CNG Initiative, the Federal Government is set to deliver 100 conversion workshops and 60 refuelling sites across 18 states by the end of 2024. This strategic rollout is part of efforts to provide a conducive environment for the adoption of CNG vehicles nationwide.

Mr. Bayo Onanuga, Special Adviser to the President on Information and Strategy, emphasized the importance of safe motherhood during a press briefing. He highlighted the commitment of President Tinubu’s administration to prioritize healthcare, including maternal and child health, as evidenced by the government’s various initiatives and investments in the sector.

The CNG Initiative, launched in October 2023, seeks to provide cheaper, safer, and more environmentally friendly energy alternatives, especially for mass transit. With an earmarked budget of N100bn, the initiative aims to purchase 5,500 CNG vehicles, 100 electric buses, and over 20,000 CNG conversion kits, alongside the development of refuelling and charging infrastructure nationwide.

Onanuga revealed that several private sector players, including JET, Mikano, Mojo, and Brilliant EV, are actively involved in assembling CNG vehicles and electric vehicles. Furthermore, tax and duty waivers approved by President Tinubu have incentivized over $50 million in private sector investments in refuelling stations and conversion centers.

To ensure safety and reliability, strict standards and regulations have been developed for CNG conversions, with plans to sell subsidised conversion kits to commercial vehicle drivers. Additionally, the Presidential CNG Initiative will launch the MYCNG.NG App, providing real-time information on conversion and refuelling sites across the country.

The successful implementation of the CNG Initiative underscores the collaborative efforts between the government and the private sector to achieve Nigeria’s energy transition goals and promote sustainable development.

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