The Federal Government has reiterated that a switch from diesel/petrol-powered vehicles to compressed natural gas (CNG)-powered vehicles would reduce the cost of transportation in the country.
The Minister of Transportation, Said Alkali, said this during a working visit to a liquified natural gas energy conversion, transportation and safety company in Abuja.
According to the Minister, CNG-powered vehicles would impact the economy positively since transportation was the gateway to the nation’s economy.
He argued that with the switch over to CNG, resources would be saved and the challenges with public transportation would be reduced.
“By the time this CNG is put in place all over the country, we are going to have a drastic reduction in the cost of transportation.
“Already, we have a lot of CNG outlets in Abuja. President Bola Tinubu desires to provide these CNG outlets in the entire country,” he said.
The minister said that with the CNG initiative, the government was redoubling efforts at providing safer and cheaper energy in the transportation sector, which should bring down the cost of goods and services.
Also speaking, former Special Adviser to the President on Senate Matters, Ita Enang, said CNG-driven vehicles would reduce the cost of transportation by 90 per cent.
“It is a massive effort, and it is for projects and programmes like this that President Bola Tinubu created a specialised ministry of transportation and ministry of gas.
“This is so that each of them will contribute in different ways to easing the cost of living and transportation for Nigerians. What Nigerians need to do to avoid the pain on the economy; the pain experienced by the removal of subsidy on petroleum products, is to switch over to gas,” he said.
Chief Operating Officer of the company, Samuel Uko, assured stakeholders of the company’s efforts toward reducing the cost of transportation in the country.
He tasked all stakeholders on the need to do everything possible to support the government to bring down the inflation rate in the country.
