“Save N60k”: FG Debunks 7 Lies about CNG, Gives Reasons Conversion from Petrol Is Smart Choice

“Save N60k”: FG Debunks 7 Lies about CNG, Gives Reasons Conversion from Petrol Is Smart Choice

  • The Tinubu administration is inviting Nigerians to consider converting their vehicles from petrol to CNG
  • In an attempt to provide reasons for the change, the government has also debunked six myths associated with CNG
  • The Presidential CNG Initiative is a component of the palliative intervention by the Tinubu administration

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends

The Presidential CNG Initiative (Pi-CNG) has again called on Nigerians to convert their vehicles to Compressed Natural Gas (CNG) amid new petrol prices at filling stations.

The government recently announced that CNG costs N230 per kg, which is far cheaper than petrol price above N950 per litre.

President Tinubu CNG initiative
President Tinubu believes CNG will help reduce the pain of fuel subsidy removal Photo credit: Bloomberg/contributor
Source: Getty Images

Various centres have been set up to help Nigerians looking to make the switch do it without stress.

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In its push to get more Nigerians to use CNG, the (Pi-CNG) has debunked six common myths about CNG-powered vehicles.

Higher conversion costs:

While the initial conversion to CNG is more expensive, long-term savings in fuel expenses offset this. Switching to CNG proves financially beneficial. For example, monthly fuel expenses drop significantly from over N100,000 to as low as N14,500, depending on driving habits.

Limited refuelling stations:

Infrastructure is expanding, especially in regions adopting cleaner energy sources. While the number of refuelling stations is limited, they are increasing with ongoing infrastructure development and spreading fast across the nation.

Range and space:

CNG tanks occupy space but do not completely dominate the vehicle. Cylinders are positioned efficiently, leaving room for additional load.

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Fuel to sell for N230 as FG expands CNG conversion kits, Dangote issues petrol prices

CNG doesn't burn faster than petrol; they are relatively the same. 1 litre of fuel equates to 1 litre of CNG. Yes, the horsepower may reduce a little, but it is not significant and will not be noticed.

Safety:

CNG is inherently safe. It is lighter than air, so any gas leaks dissipate upward. Additionally, it requires a specific concentration to ignite, minimizing risks. The tanks are stored in durable cylinders certified for high pressure, further reducing the risk of leakage.

In summary, CNG-powered cars perform similarly to gasoline vehicles, offering a cost-effective, safe, and environmentally friendly alternative.

NNPC unveils six new locations for CNG

In related news, Legit.ng reported that NNPC Ltd called on Nigerians to consider switching to Compressed Natural Gas (CNG).

The NNPC had ramped up efforts to expand the availability of CNG at its filling stations nationwide amid rising petrol prices.

The company said CNG stations are now available in Abuja at Gaduwa, Wuse, Gudu, Dei Dei, Ushafa, and Gwagwalada.

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Four important things to know as Dangote Refinery begins distribution of petrol to NNPC

Proofread by Kola Muhammed, journalist and copyeditor at Legit.ng

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Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.