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Nigerian government defends CNG price hike to N450, citing reduced subsidies and limited refilling stations.
The Nigerian government assures that it does not subsidize Compressed Natural Gas (CNG), despite recent price hikes from N230 to N450 per cubic meter.
The rise is attributed to limited refilling stations and reduced subsidies, affecting commercial drivers and truckers.
The government aims to expand stations and stabilize prices, but the increase could undermine efforts to promote CNG as a cheaper fuel alternative to petrol and diesel.
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El gobierno nigeriano defiende el aumento del precio del GNC a N450, citando la reducción de los subsidios y la limitación de las estaciones de reabastecimiento.