The Presidency has disclosed plans for the rollout of the Presidential Compressed Natural Gas Initiative (Pi-CNG) before the first anniversary of the Bola Tinubu administration.
It was reported that it was Launched in October 2023, the Pi-CNG aims to provide compressed natural gas (CNG) for mass transit, offering a cheaper, safer, and more environmentally friendly energy alternative.
In a statement released on Sunday by Bayo Onanuga, Special Adviser to the President on Information and Strategy, it was revealed that the Michael Oluwagbemi committee, tasked with driving the initiative, has made significant strides in laying the groundwork for the transition to CNG and electric vehicles (EVs).
“From the end of May, Nigeria will take some baby steps to join such nations that already have large fleets of CNG vehicles.
“All is now ready for delivery of the first set of critical assets for deployment and launch of the CNG initiative ahead of the first anniversary of the Tinubu administration on May 29.
“About 2,500 of the tricycles will be ready before May 29, 2024…working towards delivering 200 units before the first anniversary of the Tinubu administration,” said the Presidency.
“After months of detailed planning and background work, the committee driving the initiative is set to deliver on President Tinubu’s vision and promise,” Onanuga affirmed.
“In collaboration with the private sector, the PCNGI is set to deliver 100 conversion workshops and 60 refuelling sites spread across 18 states before the end of this year.”
As part of the initiative, the federal government has allocated N100 billion from a N500 billion palliative budget to purchase 5,500 CNG vehicles (buses and tricycles), 100 electric buses, and over 20,000 CNG conversion kits. This funding will also support the development of CNG refilling stations and electric charging stations across the country.
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