x

Fuel hike: 4,000 trucks now run on gas – FG

Vice-President Yemi Osinbajo says the plan by the Federal Government to convert cars of Nigerians to run on Compressed Natural Gas will start with commercial vehicles.

He said the plan was already being experimented in Edo State where he said Dangote firm has converted 4,000 trucks to run on gas.

According to a statement on Monday by his Senior Special Assistant on Media and Publicity, Laolu Akande, the Vice-President disclosed this during an interview he had with State House correspondents on Sunday.

This is coming about a month after the prices of petroleum and electricity tariff were increased in the country.

The statement was titled “President understands pains of Nigerians, working out further palliatives -VP Osinbajo.”

Osinbajo was quoted as describing the plan as one of the strategies the Federal Government is adopting to make energy cheaper for Nigerians to carry out their daily activities.

He said, “One of the ways is by using Compressed Natural Gas. Government has committed to do the conversion. First of all, we are starting with commercial vehicles.

“Most commercial transporters will have the capacity to use both gas and petrol. That is already being done experimentally in Edo State.

“Dangote, for instance, has converted all his trucks to the use of CNG, and that is 4,000 or even more of those trucks. It is not a particularly difficult thing to do for the commercial transporters, it may be expensive for the individual but that is also part of the commitment of government, to be able to do the conversion, and the price of gas comes at about almost half the price of petrol.”

The Vice President said the government is also currently involved in other ways to reduce the burden on Nigerians, saying nobody expected a downturn in the economic fortunes of the country occasioned by the fallouts of COVID-19 pandemic.

He added, “We had 12 consecutive quarters of growth before the pandemic, we were all expecting that 2020 will be the best year, since the beginning of the administration, but here we are, faced with challenges, global challenges, we also have our own peculiar problems.

“But the important thing is that the President and the government are committed completely in ensuring that Nigerians do not suffer needlessly and in whatever way it is possible, we will reduce the burden on Nigerians.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

A’Ibom Lawmaker, Edidem, lauds Tinubu over Akpabio’s SSDC appointment

By Ogenyi OgenyiDeputy Speaker of the Akwa Ibom Assembly,...

Dr. Uduak Silas Obot Laid to Rest in His Country Home

Amgbare Ekaunkumo, YenagoaThe remains of Dr. Uduak Silas Obot,...

Bayelsa Governor Lauds Security Agencies for Synergy

Amgbare Ekaunkumo, YenagoaBayelsa State Governor, Senator Douye Diri has...

Bayelsa Cult Attack Claims Two Lives

Amgbare Ekaunkumo, YenagoaTwo Niger Delta University graduates were brutally...

B’Haram: Zulum approves 35 patrol vehicles, motorcycles for Borno community

By Achadu Gabriel, KadunaBorno State Governor, Babagana Umara Zulum,...

Adulterated soya beans oil producing factory discover in Kaduna

By Achadu Gabriel, kadunaApparently owing to severity of hardship...

Judge Faces Compulsory Retirement for Misconduct in Kogi

By Noah Ocheni, LokojaAn area court Judge, Alemeru Adekunle...
spot_img

Related Articles

Popular Categories

spot_imgspot_img