Posted by Samuel on Thu 10th Oct, 2024 - tori.ng
Olusegun stated this in a post on X.com on Thursday adding that travelling from Abuja to Lagos with CNG will cost N10,000.
Dada Olusegun, the Special Assistant to the President on Social Media, has encouraged Nigerians to adopt Compressed Natural Gas as a “cleaner, safer, and more affordable” alternative to Premium Motor Spirit.
Olusegun stated this in a post on X.com on Thursday adding that travelling from Abuja to Lagos with CNG will cost N10,000.
Olusegun wrote, “From Abuja-Lagos using CNG will cost you N10,000. A PMS tank has chances of exploding due to heat faster than a CNG tank ever will.
“Nigeria has more gas than crude oil. The business of CNG is moving faster than anticipated with stations coming up across every part of the country.”
He added that CNG financing options are also becoming more accessible, with outlets like Futurewave Energy Solutions offering conversion services with flexible payment plans.
“CNG financing is getting better every day with outlets like #futurewavecng allowing you to convert and pay back over time.
“As a safer, cheaper and cleaner source of energy, the best time for you to join the CNG camp is now,” he added.
This statement comes amidst the recent fuel pump price increase by the Nigerian National Petroleum Company Limited.
Recall that retail stations of NNPC raised the price of petrol to N1,030 from N897/litre in Abuja, and in Lagos, it was hiked to N998/litre from N868/litre as other locations witnessed similar price hikes.
The price hike—the second in one month—represents about 14.8 per cent or N133 rise.