Economy
Full List: FG Releases Locations Nigerians Can Buy Fuel At Cheaper Price
The federal government has released a list of locations across the country where motorists can convert their petrol and diesel-powered vehicles to run on Compressed Natural Gas (CNG).
This move aims to provide an affordable alternative, thereby reducing the cost of transportation.
Addressing journalists on Thursday, July 11, Michael Oluwagbemi, the programme director and chief executive of the Presidential Compressed Natural Gas Initiative (P-CNGi), said the conversion would be at no cost for commercial transporters across different unions.
Oluwagbemi mentioned that these unions include the Road Transport Employers Association of Nigeria (RTEAN), the National Union of Road Transport Workers (NURTW), and the Nigerian Association of Road Transport Owners (NARTO), among others.
He also noted that ride-share operators were included in the scheme, with a target of free one million conversions by 2027.
In a previous comment, Oluwagbemi mentioned that the cost of converting a petrol-powered vehicle to CNG ranges between N300,000 to about N600,000, depending on the type of car and components.
CNG priced at N200
Dtruth Insights reports that under the Presidential CNG Initiative, NNPCL and NIPCO Gas entered a strategic partnership to expand CNG stations across Nigeria.
The collaboration is set to establish 35 CNG stations nationwide, of which 12 were commissioned in Lagos and Abuja in the past week.
The effort was part of the government’s response to the increase in fuel prices, which rose from N197 per litre to N617 after the petrol subsidy removal announced by President Bola Tinubu on May 29 last year.
Tinubu’s action significantly raised transportation costs in Nigeria. CNG is cheaper, and according to Nagendra Verma, managing director of NIPCO Gas, autoGas for cars, taxis, and tricycles is priced at around N200 per standard cubic foot.
At the same time, CNG for heavy commercial vehicles is sold at N260 per standard cubic meter (SCM).
Here are the CNG conversion centres;
Lagos-Ibadan Expressway, Ibafo
NIPCO Gas Ltd Ibadan – Mabil Filling Station, Nr. Toll Gate, Ibadan-Lagos Rd, Ibadan
NIPCO Gas Ltd Eyean – KM 7 Benin Auchi Rd, Adjacent Zafike Hotel, Eyaen, Benin City
NIPCO Gas Ltd Lagos Road 1 – Uselu. Lagos Road, Benin City
NIPCO Gas Ltd 2nd East Cicle Road – East Circular 2nd Road, Avbiama, Benin City
NIPCO Gas Ltd Agbor Road Station – Urualla St, Agbor Road, Benin City
NIPCO Gas Ltd Lagos Road 2 – Lagos Road. Oluku, Benin City
NIPCO Gas Ltd Sapele Road – KU Plaza, Benin Sapele Rd. Opposite PZ Junction, Benin City
NIPCO Gas Ltd Textile Mill – Canaan St. Textile Mill Road, Benin City
NIPCO Gas Ltd Warri – Warri-Sapele Rd, Okolovu
NIPCO Gas Ltd Ajaokuta – Ohunene, Ajaokuta
Salma Auto – By AFDIN Filling Station, opp House on the Rock Church. Airport Road, Abuja
NIPCO Gas Ltd Okene – Okene Lokoja Rd, Okene
NIPCO Gas Ltd Dealer 72 – Umaru Musa Yar’Yar’aduad, Abuja
NIPCO Gas Ltd Kubwa – Cadastral Zone 07-05, Along Kubwa Expressway, Abuja
NIPCO Gas Ltd Oron – Edikor Village, Ibaka Road, Udung Uko LGA, Oran
Axxela Ltd – Block M, Plot 22, Isolo Industrial Area, Ilasa-Maja, Lagos RT
Briscoe Nigeria Plc – Plot 410 Cadastral Zone, Opp NNPC Filling Station Airport Junction, Jabi
Total Support – Rumuokwurusi, Elelenwa, Port Harcourt, Rivers State
MBH Power Limited – Lagos State Portland – Obafemi Awolowo Way, Utako, Abuja
Portland – Ojota Interchange Terminal, Bayo Shodipo, Ojota, Lagos
Mezovest – KM 23, Lekki Epe Expressway, Ajah, Opposite Kilimanjaro, Beside Libmot Motors, By Abraham Adesanya Bus Stop Mecho – Yaba, Lagos
Autoclinicng Solutions Limited – NNPC Service Station (Queen Elizabeth II) Agodi, Ibadan
Automation Autogas Ltd – Plot 2, Block 7, Podo Industrial Village, Ibadan
Autogig – Gbagada
Nenis Engineering – Ikorodu
FG Autoclinic – Ikeja
Fixitrite – Abule-Egba
House 27 – Apo
Fixit 45 (Autohub) – Ilupeju
Autolubricity – Lagos Expressway, Asaha
CNG Tech/Zitaj Automobile – Plot C15 Sabon Lugbe by Wood and Frame, Airport Road, Abuja
-
Breaking News2 years ago
BREAKING: CBN Redesigns Naira Notes
-
Breaking News1 year ago
BREAKING: Tinubu Considers Temporary Subsidy On Petrol
-
News2 years ago
Drama As Church Gives Certificate Of Virginity To Ladies After Testing Them (See Photos)
-
Crime2 years ago
Uproar As Student Teacher On Teaching Practice Impregnates 24 Girls, Headmistress, Four Female Teachers
-
Breaking News8 months ago
JUST IN: Gbajabiamila Dies In UK
-
Breaking News1 year ago
BREAKING: Dangote Speaks As BUA Reduces Price Of Cement
-
Crime2 years ago
JUST IN: Gunmen Storm Osogbo, Kill Man, Daughter Few Hours After His Wife Put To Bed (Photos)
-
Breaking News1 year ago
FLASH: Govt Declares Monday As Public HolidayÂ