“This Will Go a Long Way”: FG Shares Observation After Buying More CNG Buses From Nigerian Company

• The federal government wants more vehicles running on compressed natural gas (CNG) for transportation
• To achieve this aim and promote economic growth, the government is buying from local manufacturers instead of importing
• Days after taking delivery of Innoson Motors vehicles, Jet Motor Company has also delivered the federal government’s CNG bus orders

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 federal government of Nigeria continues its push for increased use of compressed natural gas (CNG) in transportation and is working with local automobile manufacturers.

Jet Motor Company is the latest company to have benefited from the CNG push initiative as it delivered 68 hybrid Jet Mover buses to the federal government for the Ministry of Finance.

Read also

NASENI offers 50% discount for vehicle conversion to use CNG, sets condition

Punch reports that the buses operate on compressed natural gas and premium motor spirit(petrol) and are expected to provide affordable and comfortable transportation for Nigerians.

The handover ceremony held at Jet Motor Company’s plant in Ajah, Lagos state.

FG takes delivery of buses, shares observation

Speaking on behalf of the ministry, Dimas Hamidu, the technical assistant to the permanent secretary of the Ministry of Finance, said the vehicles are of good quality.

Her words:

“I am pleased with what I’ve seen here. This will significantly help alleviate the pain and suffering caused by the removal of the fuel subsidy.

“I visited earlier with the Minister of Finance, and we toured the plant. The minister even drove one of the vehicles and was very impressed.”

Read also

“Back to N200/litre”: Marketers speak on return of subsidy as petrol landing cost hits new high

He also mentioned that the federal government had awarded contracts to various companies for the delivery of CNG vehicles, each responsible for providing a specific number of units.

FG buys CNG buses from Innosson motors

Earlier, Legit.ng reported that President Bola Tinubu commissioned the CNG buses manufactured by Innoson Motors on Monday at the Villa in Abuja.

The buses, numbering 20, are said to be the first batch, with more expected in the weeks ahead.

The chairman and chief executive officer of Innoson Motors, Chief Innocent, has pledged that CNG vehicles will soon be on the roads in many cities across the federation to help alleviate the country's transportation challenges.

Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.

Source: Legit.ng