The Group Chief Executive Officer of NNPC Limited, Mallam Mele Kyari, has announced that the initiative to bring Compressed Natural Gas (CNG) closer to Nigerians has begun and is irreversible.
This declaration was made on Thursday during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos.
Kyari expressed gratitude to President Bola Ahmed Tinubu for his support in driving domestic gas utilization, which aims to provide a cleaner and cheaper energy source for Nigerians.
He reaffirmed NNPC’s commitment to delivering more strategic gas projects in line with the Presidential CNG Initiative, which seeks to ensure energy security and prosperity for all Nigerians.
The Managing Director of NNPC Retail Limited, Mr. Huub Stokman, revealed that over the next year, NNPC Retail plans to launch more than 100 CNG sites, including 16 NNPC Gas Marketing and NIPCO Gas JV sites.
Stokman highlighted the economic benefits of CNG, stating, “CNG provides Nigeria with affordable alternatives to existing available fuel products. It will be about 40% cheaper than petrol in Nigeria and with continued investments, it will become a significant part of our energy mix.”
Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, noted that the commissioning of CNG stations will provide economic benefits by creating jobs and stimulating local economies.
It will also contribute significantly to Nigeria’s national goals of reducing emissions and combating climate change.
Chief Pius Akinyelure, Chairman of the NNPC Board of Directors, added that increased CNG adoption will foster economic benefits by reducing fuel costs for consumers and businesses alike.
Following the removal of fuel subsidies and the declaration of the Presidential CNG initiatives, NNPC Limited has taken the lead in deploying Auto-CNG Stations across Nigeria.
NNPC Gas Marketing Limited, a subsidiary of NNPC Limited, in partnership with NIPCO Gas Limited, has developed a rollout plan for the construction of thirty-five (35) CNG stations across various geographical zones of Nigeria.
