By Zara Maisango
The Honourable Minister of Innovation, Science, and Technology, Chief Uche Nnaji, has launched the CNG Infrastructural Revolution to mitigate the effects of fuel subsidy removal on Nigerians. This forward-thinking initiative is part of the celebrations marking President Bola Tinubu's one-year anniversary in office and aims to convert the nation's reliance on Premium Motor Spirit (PMS) to Compressed Natural Gas (CNG).
During the launch, Minister Nnaji highlighted the critical importance of this initiative in easing the financial burden on Nigerians. The removal of the fuel subsidy has significantly increased the cost of PMS, impacting transportation and living costs across the nation. In response, the government is championing CNG as a more affordable and sustainable alternative.
The effectiveness of CNG was demonstrated through a successful pilot project. A Toyota Corolla powered by CNG was able to travel to Ibadan for only ₦11,000, a stark contrast to the ₦65,000 it cost for the same model powered by PMS. This substantial reduction in fuel cost underscores the potential savings for vehicle owners and the broader economic benefits.
Furthermore, the CNG Infrastructural Revolution includes a comprehensive training program to equip individuals with the skills needed to convert vehicles from PMS to CNG. This aspect of the program is designed to create jobs and provide a much-needed economic palliative for Nigerians. By empowering individuals with new skills, the initiative not only addresses immediate financial concerns but also contributes to long-term economic stability and growth.
Minister Nnaji emphasized that this initiative aligns with the government's broader goals of innovation, sustainability, and economic resilience. The shift to CNG is not only a cost-saving measure but also a step towards reducing the environmental impact of fossil fuels, contributing to Nigeria's commitment to a greener future.
As Nigeria celebrates President Tinubu's one-year anniversary, the launch of the CNG Infrastructural Revolution stands out as a significant milestone in the country's journey towards economic recovery and sustainable development. This initiative promises to bring tangible benefits to Nigerians, providing relief from high fuel costs while fostering innovation and job creation.
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