In a bold statement addressing the nation’s fuel crisis, President Bola Tinubu has urged Nigerians to consider switching to Compressed Natural Gas (CNG) as a more affordable alternative to petrol. With petrol prices reaching as high as N1000 per litre, the president highlighted CNG as a cost-effective option priced at N200 per litre.
Rising Petrol Prices and Economic Pressure
Nigeria has been grappling with skyrocketing fuel prices due to the removal of fuel subsidies and fluctuating global oil prices. Petrol prices have reached record highs, placing immense financial strain on citizens and businesses. This price surge has led to widespread calls for alternative energy solutions to ease the burden on the populace.
CNG: A Cheaper and Cleaner Alternative
Compressed Natural Gas (CNG) has emerged as a viable alternative to traditional petrol. Not only is CNG significantly cheaper at N200 per litre, but it is also a cleaner and more environmentally friendly fuel option. President Tinubu emphasized that transitioning to CNG could help alleviate the financial pressure faced by Nigerians while contributing to a greener energy future.
Government’s Commitment to CNG Expansion
In his address, President Tinubu reaffirmed the government’s commitment to expanding CNG infrastructure across the country. Efforts are underway to make CNG more accessible to the public, including the conversion of vehicles to run on CNG and the establishment of more refueling stations nationwide. This initiative aims to reduce dependency on expensive petrol while promoting a more sustainable energy source.
Public Response to the President’s Statement
While some Nigerians have welcomed the suggestion, viewing it as a necessary step towards economic relief, others have expressed concerns about the availability of CNG infrastructure and the cost of converting petrol-powered vehicles to CNG. Many have called on the government to accelerate the rollout of CNG facilities to ensure that citizens can benefit from this more affordable fuel option.
The Path Forward
As petrol prices continue to rise, the adoption of CNG presents a potential solution to Nigeria’s energy challenges. President Tinubu’s call for Nigerians to embrace this alternative underscores the importance of sustainable and affordable energy sources in the country’s economic future.
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Written By Fortune Davidson