President Bola Tinubu has told Nigerian motorists to either buy petrol at N1000 or the compressed Natural Gas (CNG) at N200.


The President said this during a meeting with the company’s executive on Tuesday at the State House, Abuja.

He also praised NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the Presidential Compressed Natural Gas Initiative (PCNGI).

During the meeting, President Tinubu acknowledged NIPCO’s role as a critical player in enhancing the adoption of CNG as an alternative fuel.

He noted that such investments aligned with his administration’s energy security and economic diversification strategy.

The President emphasised the importance of public-private partnerships in driving the transition to cleaner and more affordable energy solutions for Nigerians.

He highlighted the significance of the initiative in reducing the nation’s reliance on petrol and cutting down fuel costs for consumers.

“CNG, being a cleaner and more affordable fuel, reduces the carbon footprint and saves consumers significant fuel costs.

“Nigeria’s motorists can buy petrol at N1,000 per litre or equivalent gas per Standard Cubic Meter at N200.

“We have also introduced incentives for commercial motorists to convert from petrol to gas ‘free of cost,’” Tinubu said.

He reaffirmed his administration’s commitment to providing a conducive environment for private sector investments and expanding Nigeria’s CNG infrastructure to enhance energy efficiency and economic growth.

He further encouraged NIPCO to continue its innovative approach to CNG expansion while supporting the government’s broader goals in the energy sector.

Mr Ramesh Kasangra, NIPCO’s director, who led the delegation, thanked Tinubu for his steadfast support for the CNG sector.

He expressed NIPCO’s commitment to furthering the partnership with the government to ensure Nigeria’s energy transition remained on track.

He assured the President that the company was ready to invest in infrastructure to make CNG more accessible nationwide.

According to him, NIPCO has been a key player in various sectors of Nigeria for over four decades and will continue to believe in Nigeria for the long term.

Source: https://vanguardngr.com/Buy-petrol-at-N1,000-per-litre-CNG-at-N200-Tinubu-tells-Nigerians

Nigerians should embrace CNG and let the market dictate the price of petrol.

Tinubu is doing the right thing by giving Nigerians the option and letting them know the alternative.

Nonsense talk, when Buhari was uselesing the the Nigeria economy then, if you complain local Yoruba Muslims will call you Wailer, now day don break

Somebody mentioned here that the day Nigerians start becoming more aware, start rushing CNG instead of fuel , that tinubu will increase the price and make it at par with Petrol. That person is right and have been vindicated by this statement from tinubu…if we can predict based on tinubu antecedent of abysmally ruining everything he touches , then we can predict that CNG will get to 700-800 naira by March starting from now on

This is a great initiative by NIPCO and President Tinubu. This is the way to go.
God bless Nigeria for ever!

Even truth sound like lies and threatening








On your mandate we shall stand till 2031

The CNG initiative is a welcome development.

Toh

Petrol is not even ₦1000 per litre .
Hire me for your academic writing

helinues:
Toh

No be small toh o

Nigerians should embrace the CNG. It is a cleaner and cheaper alternative.

odejimioflagos:
Nigerians should embrace the CNG. It is a cleaner and cheaper alternative.

Have Tinubu embrace CNG. 

Is his new all-black armoured Cadillac Escalade SUV CNG powered?

Mad mumu man
How Many of his official embezzled cars runs on CNG?

We should spoil our car's engine or risk getting burned in gas explosion 💥

DAMNED CNG CAN BE SOLD AT ₦200 PER LITER, BUT COOKING GAS IS ABOUT 6 X MORE EXPENSIVE.

CNG THAT'S EVEN MORE DIFFICULT AND EXPENSIVE TO MAKE THAN COOKING GAS.

THESE LEADERS ARE JUST FOOLISH AND EVIL.

None

Is that why you have to increase the price of fuel and make it so expensive . incompetent and clueless president

Baba don change strategy he dey blow Nigerians still dey show us where to fall 😂😂

Where is petrol being sold for 1000? Always talking senselessly!

Chai. I'm only concerned with the safety aspect. CNG isn't what the whole country will just rush into like that. Might end up a disaster than boko haram

Uhmm

The CNG gas cylinder alone to purchase it for your car is from 300,000 naira above.. how many nigerians can afford it at this hard time....

Aiye Tinubu ti daru ooo

Really?

Has Tinubu converted his cars to CNG?

adenigga:


Source: https://vanguardngr.com/Buy-petrol-at-N1,000-per-litre-CNG-at-N200-Tinubu-tells-Nigerians

Buy CNG at where in Akwa Ibom? Last time I checked, the governor said he was still searching for a reputable company that will invest in the state in that regard

Eleribu somebody

Cng wey dey explode. Thunder fire you

Lol, their agents are here opening accounts. They did the same during Buhari regime.

They hardly support good governance. The open fake accounts and bots to support bad governance while talking down on Peter Obi. The only active presidential candidate since last year.

80 people burn to aches….una president dey snap picture for Aso rock.