The Presidential Initiative on Compressed Natural Gas (CNG) has commenced the distribution of 1,000 conversion kits across some states in the federation to minimize the impact of the fuel subsidy removal.
Speaking at a news conference in Abuja to mark the commencement of the distribution of 1,000 conversion kits, the Programme Director of the initiative, Michael Oluwagbemi, said the move will help reduce transportation costs.
According to him, the initiative will generate over 100,000 direct jobs in the next three years, as it aims to convert about three million vehicles within the same period.
Oluwagbemi revealed that commercial transport operators will have their vehicles converted free of charge to reduce the impact of the fuel subsidy removal by bringing down the cost of transportation.
Also speaking, the Warehouse Manager of the PiCN facility, Moses Onate, while unveiling some of the conversion kits to newsmen at their warehouse in Ibafo, Ogun State, said the distribution is being carried out under the codename ‘First Come, First Serve.’
He mentioned that 450 conversion kits had already been distributed to states, with an additional 550 awaiting dispatch.
Onate emphasized the need for Nigerians to embrace the initiative, highlighting its potential to significantly reduce the cost of fueling vehicles.
The kits are designed to enable vehicles to run on compressed natural gas, a cleaner and more affordable alternative to petrol.
