Tinubu orders 500 more CNG stations to cut transport costs

Summary

President Bola Tinubu has directed the rollout of 500 additional CNG refuelling stations as part of efforts to reduce transport fares after the petrol subsidy removal.

Highlights

• The new stations would bring the federal government’s planned CNG refuelling network to 1,000 nationwide.
• Tinubu said he spoke after meeting with the Nigeria Governors’ Forum, which agreed to take immediate steps to reduce transport costs in their states.
• He said the plan will prioritise CNG and electric vehicles, especially for intra-state transport.
• Tinubu said Nigerians should begin to see lower fares from October 1 if fuel savings are passed on to commuters.
• He said the federal and state governments will set up a joint committee to implement the fare-reduction measures.