In a bid to reduce the cost of transportation due to fuel subsidy removal, the Federal Government has handed over 10 Compressed Natural Gas buses for Commercial use in Kogi State.
The Federal Government also launched the free Compressed Natural Gas conversion programme in Kogi State.
Speaking at the event, the programme Director and Chief Executive Officer of the Presidential Compressed Natural Gas, Michael Oluwagbemi said the 10 buses donated by the Tinubu administration will reduce 40 per cent transportation cost in Kogi State.
“The launch of the compressed natural gas initiative is an opportunity for Nigerians to benefit from the resources they have abundantly, which over the years they have continued to waste. The CNG initiative is the best way to boost our economy,” he stated.
The Minister of Steel Development Shaibu Abubakar Audu
appealed to Nigerians to be patient with the present administration, noting that things will soon get better.
“We should not end up like Venezuela that cannot pay salaries or feed their people. There are some challenges that have come up, such as the high cost of food prices. Mr President has told all of us as Nigerians that he feels our pains and he is doing something to reverse that trend to ensure that the prices of food stuff comes down.
“One of which is the provision of CNG vehicles to Nigeria. Mr President has mandated that we should have one of the world’s major CNG conversions in Nigeria. Up to one million vehicles will be converted from PMS to CNG in the next one year,” he said.
In his remarks, the Kogi State Governor Alhaji Ahmed Usman Ododo who was represented by his deputy, Elder Joel Salifu, disclosed that his administration has keyed into the Federal Government initiative for an environmental friendly transportation in Kogi State.
FG hands over 10 CNG buses for commercial use in Kogi
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