Tinubu unveiled thirty buses that run on hybrid CNG.
In Abuja on Monday, President Bola Tinubu launched thirty buses powered by hybrid compressed natural gas as part of his Presidential CNG Initiative.
The domestically produced CNG buses were presented to the Federal Government by the Nigerian National Petroleum Company Limited and the Depots and Petroleum Products Marketers Association of Nigeria. There are 100 seats available on each bus.
The launch on Monday occurs just a few days after the President met behind closed doors at the Aso Rock Villa on August 8, 2024, with Mr. Innocent Chukwuma, the founder and CEO of Innoson Vehicle Manufacturing Company Ltd.
Chukwuma has stated that buses fueled by compressed natural gas would soon provide the general population with more affordable transportation.
“I’ve talked with President Tinubu, and the public will have enough CNG buses on the road in a short while,” he said to reporters following the meeting.
The automaker suggested that his business and the federal government were already collaborating, and he referred to the Presidential CNG Initiative as “the way forward” for Nigeria.
During the introduction, the President stated that using natural gas to power the country’s transportation sector will lower transportation costs, increase productivity, and prevent the country from spending trillions of naira on fuel and diesel imports.
We will be able to realize the prosperity we are striving for on behalf of our people if we can improve our energy competitiveness and implement revolutionary changes such as these.
“These CNG buses are a positive and promising addition to our transportation network,” the speaker stated.
Citing other nations that have made the move to compressed natural gas (CNG) for their transportation networks and are already experiencing advantages, Tinubu stated that commercial vehicles account for more than 80% of the country’s petroleum use.
India and other nations have made CNG the standard fuel for all commercial vehicles as of 2004. About 80% of Nigeria’s petroleum needs are met by commercial cars, which cost the country trillions of naira each month.
“This is the answer. It’s with us. We’ll get to work on it. We assure you that things will improve. We’ll attain prosperity,” the President declared.
DAPPMAN Chairperson Winifred Akpani said during her speech that her organization supported the administration’s commitment to improving the country’s transportation sector since it would result in cheaper transportation expenses.
“With the donation of this batch of hybrid buses from DAPPMAN to the Federal Government, we are demonstrating our continued support for this administration’s commitment to tackling Nigeria’s energy issues,” she stated.
“We are pleased to announce that Innoson Motors, a Nigerian company, designed, produced, and delivered these buses.”
Additionally, NNPC sponsored ten of the thirty busses, according to Emmanuella Arukwe, Managing Director of NNPC Foundation.