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

Igoche Mark Congratulates Olumide Oyedeji on Historic Election as WOA Secretary General

Renowned basketball promoter and founder of the Mark D’...

Alleged N4tr debts: 1,000 CSOs back local contractors protest against FG

***demand resignation of Finance Minister, Uzoka-AniteNo fewer than one...

KEDCO, Labour Unions Suspend Industrial Action After Agreement on Workers’ Benefits

The Kano Electricity Distribution Company (KEDCO) and labour unions...

Ododo Urges Nigerian Army to Be Proactive, Focused at 12 Brigade WASA in Kogi

From Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed...

Bandits Kill Six, Abduct Nine in Southern Kaduna Community

By Our CorrespondentBandits have killed six residents and abducted...

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

Since independence in 1960, Nigeria’s politics has been shaped...

KEDCO, Labour Unions Suspend Industrial Action After Agreement on Workers’ Benefits

The Kano Electricity Distribution Company (KEDCO) and labour unions...

Delta APC Stakeholders Meet in Asaba, Emphasise Unity, E-Registration, Congress Preparation

Stakeholders of the All Progressives Congress (APC) in Delta...

Bayelsa Governor Welcomes 1,236 NYSC Corps Members, Urges Discipline and Responsible Conduct

Bayelsa State Governor, Senator Douye Diri, has received 1,236...

Oborevwori Urges NYSC Corps Members to Uphold Safety, Discipline, National Unity

Delta State Governor, Sheriff Oborevwori, has urged members of...

Gyang Dung Gyang Condemns Killing of Miners in Kuru, Calls for Urgent Security Action

Gyang Dung Gyang, a Peoples Democratic Party (PDP) aspirant...

ITF Director, 21 Others Certified as City & Guilds International Examiners

The Industrial Training Fund (ITF) has certified a director,...

Kaduna:: Kurmin Wali victims recall ordeal, commend Gov Uba Sani’s Visit

By Achadu Gabriel, Kaduna-Governor Uba Sani has...

Related Articles

Popular Categories

spot_imgspot_img