By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: Buy petrol N1000/litre or CNG at N200 – President Tinubu tells Nigerians
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > Buy petrol N1000/litre or CNG at N200 – President Tinubu tells Nigerians
News

Buy petrol N1000/litre or CNG at N200 – President Tinubu tells Nigerians

Godson
Last updated: October 23, 2024 6:29 am
Godson
Published: October 23, 2024
Share
SHARE

As many continue to battle with economic hardship, President Bola Tinubu has said that Nigerians now have the option of either buying premium motor spirit (PMS), also known as petrol, at N1,000 per litre or compressed natural gas (CNG) at N200 per standard cubic meter.

A statement released by presidential media aide, Bayo Onanuga, says the President said this when he spoke during a meeting with the Nigerian Independent Petroleum Company (NIPCO) at the State House in Abuja on Tuesday, October 22.

While commending NIPCO’s contributions to the nation’s energy transition efforts, particularly its support for the presidential compressed natural gas initiative (PCNGI), Tinubu said CNG saves consumers significant costs.

“President Tinubu acknowledged NIPCO’s role as a critical player in enhancing the adoption of CNG as an alternative fuel, noting that such investments align with his administration’s energy security and economic diversification strategy,” Onanuga said.

“He emphasised the importance of public-private partnerships in driving the transition to cleaner and more affordable energy solutions for Nigerians.

“The President lauded NIPCO’s efforts in promoting and supporting the ‘Switch to CNG’ campaign, which has been instrumental in boosting public awareness and providing affordable CNG conversion kits even before the official kickoff of the Presidential CNG Initiative.

“He highlighted the significance of this initiative in reducing the nation’s reliance on petrol and cutting down fuel costs for consumers.

“CNG, being a cleaner and more affordable fuel, reduces the carbon footprint and saves consumers significant fuel costs.

“Nigerian motorists can buy petrol at N1,000 per litre or the gas equivalent per Standard Cubic Meter at N200. We have also introduced incentives for commercial motorists to convert from petrol to gas, free of cost.” the statement in part reads.

Onanuga added that President Tinubu said his administration remains committed to providing a conducive environment for private sector investments and expanding Nigeria’s CNG infrastructure to enhance energy efficiency and economic growth.

You Might Also Like

Elections: Obi’s outing shows there are ballot boxes on Twitter – Minister of Aviation, Hadi Sirika
Zamfara NSCDC Arrests Three For Circulating N2m Fake Currency
Rasheed Resigns As NUC’s Executive Secretary
Israeli Commandos Dressed As Medics Infiltrate Hospital For kill Mission( Watch )
New York City sues TikTok, Instagram, YouTube and other social platforms over youth mental health crisis

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0

Recent Posts

  • 32 suspected hard drug abusers apprehended during midnight raid in Lagos
  • Actress Julia Fox clarifies s3xuality after coming out as lesbian
  • #EPL: You need more than Palmer – Merson hands Chelsea signing to make
  • Man arraigned for alleged theft of church’s drums, bells and others in Ekiti
  • #Transfer: Details of Boniface’s move to AC Milan revealed

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?