NNPC Limited on Thursday, announced a partnership agreement with NIPCO Gas Limited to establish contemporary Compressed Natural Gas, CNG, stations across the nation as part of measures to lower the cost of refuelling vehicles after the termination of the petrol subsidy.
CNG is a fuel that can be used in place of petrol, diesel, and liquefied petroleum gas (LPG). It is used in traditional petrol/internal combustion engine automobiles or specifically manufactured vehicles.
According to a statement released by Garba Deen Muhammad, the NNPC spokesperson, the cooperation intends to comply with President Bola Tinubu’s instruction by offering cheaper alternative gasoline to Nigerian drivers.
Part of the statement read, “As part of the Nigerian National Petroleum Company (NNPC) Limited’s commitment to providing cheaper alternative fuel to motorists, the company is happy to announce a strategic partnership with NIPCO Gas Limited to deploy compressed natural gas (CNG) stations across the country.
“This landmark collaboration aims to expand our CNG infrastructure, improve access to CNG, and accelerate the adoption of cheaper and cleaner alternative fuel for buses, cars, and Keke NAPEP, which will significantly reduce the cost of transportation and engender sustainable national economic growth.”
35 modern CNG stations, including three mother stations, will be built across the country, according to Muhammad, as part of the NNPC-NIPCO strategic cooperation.
The scheme would be implemented in stages, the NNPC official stated.