Lagos – The Federal Government is considering massive investment in compressed natural gas (CNG) that would serve as a viable alternative to petrol in the country.
It reckoned that the development would reduce the huge consumption of fuel as well as the perennial scarcity of the product as it is currently being experienced in Nigeria.
Dr. Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), disclosed this in Abuja, on Tuesday, while briefing members of staff of the corporation on the fuel supply situation in the country during a town hall meeting.
He expressed optimism that CNG would be a viable option having been successfully used to run vehicles in Benin, Edo State.
He said over 3,000 vehicles were now CNG-powered in the ancient city, making them more secured and more efficient since gas was a cleaner source of energy.
According to him, encouraging the development of infrastructure such as roads, railways, and waterways were other means by which NNPC planned to reduce PMS consumption.
He applauded the Federal Government for approving the Abuja-Kaduna-Kano pipeline project, stating that the gesture would go a long way in supporting the NNPC’s transformation into an integrated energy company.
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