Buy petrol at N1,000/litre or CNG at N200/meter – Tinubu tells Nigerians
President Bola Tinubu has told Nigerian that they have to choose between buying petrol at N1,000 per litre or Compressed Natural Gas (CNG) at N200 per Standard Cubic Meter.
Tinubu stated this on Tuesday during a meeting with executives of the Nigerian Independent Petroleum Company, NIPCO, at the State House in Abuja.
“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,” Bayo Onanuga, Presidential spokesman, quoted Tinubu to have said.
During the meeting, Tinubu acknowledged NIPCO’s role as a critical player in enhancing the adoption of CNG as an alternative fuel.
He also emphasized he significance of the adoption of CNG in reducing the nation’s reliance on petrol and cutting down fuel costs for consumers.
