FG distributes 2,000 CNG tricycles to youths

The Federal Government has given 2,000 compressed natural gas (CNG)-powered tricycles to youths as part of President Bola Tinubu’s commitment to alleviating economic hardship.

Minister of Youth Development, Dr Jamila Bio Ibrahim, said this in Abuja on Tuesday during the first phase distribution of the tricycles.

Ibrahim said the tricycles would go a long way in easing the transportation challenges faced by citizens across the country.

She added that “in this crucial time of economic reforms, the intervention will serve as a great relief to our people, demonstrating the administration’s dedication to improving the quality of life for young people.

“As we look forward to empowering young people, I must also highlight how the National Youth Investment Fund (NYIF) is geared to sup­port youth entrepreneurs, especially those interested in sustainable mobility and transport businesses.”

According to her, the NYIF will provide the financial backbone for many young innova­tors to thrive, boosting youth employment and supporting economic growth.

“We look forward to collaborating with the Presidential Compressed Natural Gas Initiative (PCNGi) to deliver on the target of two million tricycles and other forms of transportation using the CNG initiative.

“This will be a remarkable step toward achieving Nigeria’s gas transformation agenda,” she said.

PI-CNG Programme Director, Michael Olugbemi, highlighted the initiative’s significance.

“A year ago, the President committed to improving the lives of Nigerians by implementing the Presidential Compressed Gas Initiative, which will lessen our reliance on petrol and decrease government spending on fuel subsidies,” he stated.