Nigeria aims to save $4.4bn annually in petrol importation by converting 1 million vehicles to CNG, investing $890m in infrastructure.
Nigeria's Federal Government aims to save $4.4bn annually in petrol importation by converting 1 million vehicles to Compressed Natural Gas (CNG), targeting to reduce 20% of the country's daily 50 million liters of petrol consumption. An investment of $890m is required for infrastructure development. The transition to CNG is seen as more affordable, cleaner, safer, and sustainable for the economy.
June 04, 2024
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