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...

Easter: Wike felicitates with Christians, calls for harmonious living Among Residents

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike in...

Speaker Abbas disburses N5bn scholarships to 30,000 students from North-West

...announces establishment of modern orphanage, 7 federal institutions in...

Holy Friday: Christians leaders, members weep at Sections of The Cross

By Achadu Gabriel, Kaduna Multitude of christian worshippers and leaders...

2027: North-Central APC hails Al-Makura-led CPC bloc for snubbing Atiku’s coalition

By Israel Adamu, JosThe North-Central All Progressives Congress, APC,...

State of emergency in Rivers State unconstitutional – Rivers NBA body 

List fallouts of state of emergency:*Leadership hijack to serve...

US Tariffs: China To Increase Imports from Nigeria, Says Envoy

Chinese Ambassador to Nigeria, Yu Dunhai, says China is...

US tariffs, a step backward in history – Chinese Ambsaador Dumhai

By Austin MahoThe Chinese Ambassador to Nigeria Ambasasor Yu...
spot_img

Related Articles

Popular Categories

spot_imgspot_img