|By Adejumo Adekunle-

The Nigerian government, through the Presidential Compressed Natural Gas Initiative (PCNGI), has revealed that the country now boasts 65 Compressed Natural Gas (CNG) stations across its regions — a major leap in its drive to cut fuel costs and promote cleaner energy.

This milestone was announced by the Chief Executive of PCNGI, Michael Oluwagbemi, during the Mobility CNG Supply Framework Kick-off Event held recently in Abuja.

Oluwagbemi said the federal government has formally launched its concessionary gas pricing framework, a strategic plan designed to make gas more affordable and accessible to Nigerians. The move, he said, will significantly improve adoption of CNG as a reliable alternative to petrol, especially in the transportation and power sectors.

“What we are doing here today is to flag off the implementation of that concessionary pricing framework,” he said.
“We needed to do it in an organised fashion, create the proper market for autogas CNG, and also develop a marketplace where people can make demand and pay for it.”

According to him, Nigeria witnessed tremendous growth in the CNG market over the past year, jumping from 20 daughter stations to over 65. Just this week, two new stations were inaugurated in Ibadan in partnership with Bovas.

He further revealed that an additional 27 to 28 new CNG stations will be commissioned across the country within the next four to five weeks, a move he described as proof that the market for CNG is not only expanding but becoming sustainable.

“So there is a growing market,” Oluwagbemi affirmed.

The PCNGI was established by the administration of President Bola Ahmed Tinubu as part of Nigeria’s energy transition strategy following the removal of fuel subsidy. The initiative targets cost-efficient alternatives for mass mobility and small power generators, while also reducing the country’s dependence on petrol.

With the concessionary pricing regime now in effect and more stations on the way, experts believe the initiative could offer long-term relief to commuters and operators across Nigeria’s transport and energy sectors.

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