This program was formally launched in Abuja on Friday at a signing ceremony for a Memorandum of Understanding.
Michael Oluwagbemi, the Presidential Compressed Natural Gas Initiative’s program director, spoke at the occasion and highlighted the government’s commitment to providing cheap transportation despite rising fuel prices.
“We are doing a lot of effort to lower the cost of travel, particularly in these bad times. “Mr. President, compressed natural gas is a great solution to the petrol problem,” he said.
He said that the new strategy would lower the cost of transportation from Abuja to the Ajaokuta train station for eight-passenger vehicles (from N12,000 to N7,000) and for four-passenger vehicles (from N13,000 to N8000).
