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Reading: President Tinubu Initiates CNG, LNG Plan for Cheaper Fuel
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Nigeria

President Tinubu Initiates CNG, LNG Plan for Cheaper Fuel

In a bid to provide affordable fuel options for Nigerians, President Bola Tinubu has taken the initiative to introduce Compressed Natural Ga...

Chima Joseph Ugo
Chima Joseph Ugo - Editor-in-chief June 14, 2023
Updated June 14, 2023 at 9:13 PM
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President Tinubu Initiates CNG, LNG Plan for Cheaper Fuel
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President Tinubu Initiates CNG, LNG Plan for Cheaper Fuel
In a bid to provide affordable fuel options for Nigerians, President Bola Tinubu has taken the initiative to introduce Compressed Natural Gas (CNG) and Liquified Natural Gas (LNG) as alternatives. The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, revealed this after a meeting with the President at the Presidential Villa in Abuja.

The purpose of this move is to alleviate the impact of the recent removal of petroleum subsidy. Kyari emphasized that a comprehensive plan is already being put in place to ensure the successful implementation of this measure, which is part of the government's efforts to provide relief to Nigerians.

Furthermore, Kyari highlighted that the ongoing rehabilitation of the nation's refineries is a crucial aspect of the overall strategy. The President and his administration are hopeful that the refinery rehabilitation exercise will be completed in the near future, contributing to the availability of affordable fuel options for the citizens.

In addition to addressing the fuel situation, President Tinubu had a series of meetings with various notable figures in the country. Among those he met were Governor Abdullahi Sule of Nasarawa State, former Governor Aminu Bello Masari of Katsina State, and two royal fathers from Niger State—Emir Muhammed Haliru Dantoro of Borgu and Emir Mohammed Barau of Kontagora.

Moreover, Tinubu held separate meetings with prominent individuals such as the Chairman of the Economic and Financial Crimes Commission (EFCC), Andulrasheed Bawa, and the Managing Director of the Niger Delta Development Commission (NDDC), Samuel Ogbuku. The presence of former Managing Director of the NDDC, Chief Timi Alaibe, and former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, further emphasized the breadth of the discussions held.

President Tinubu's efforts to make cheaper fuel available to Nigerians through CNG and LNG demonstrate the government's commitment to finding sustainable solutions and alleviating the burden of high fuel costs. With the ongoing refinery rehabilitation and the comprehensive plan being put in place, it is anticipated that these measures will contribute to improving the accessibility and affordability of fuel, ultimately benefiting the Nigerian people.

Tags: Nigeria

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