The Federal Government has taken delivery of 60 locally assembled Compressed Natural Gas (CNG) hybrid buses.
At the company’s automobile production factory in Ajah, Lagos State, the cars were turned over to a team that included members from the Presidential Initiative on CNG (Pi-CNG) and the Ministry of Finance.
Despite Nigeria’s vast oil and gas resources, President Bola Tinubu’s government encountered a nation that was only dependent on oil, ignoring its gas resources while subsidising the cost of gasoline, according to a nationwide broadcast he made during the #EndBadGovernance rallies against hunger and suffering.
“Fellow Nigerians, we are a country blessed with both oil and gas resources, but we met a country dependent solely on oil-based petrol, neglecting its gas resources to power the economy. We were also using our hard-earned foreign exchange to pay for and subsidise its use.
