Subsidy Removal: Nigerian Petroleum Company, NNPCL Announces Partnership With NIPCO To Provide 35 Compressed Natural Gas Stations Nationwide | Sahara Reporters

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Nigerian National Petroleum Company (NNPC) Limited has announced a partnership with NIPCO Gas Limited to provide Compressed Natural Gas (CNG) stations across the country, including three mother stations. According to the NNPCL, the move is in line with President Bola Tinubu’s directive following the removal of fuel subsidy which has pushed petrol prices up from about N190 to over N620. It said the initiative would provide cheaper alternative fuel for motorists.

Subsidy Removal: Nigerian Petroleum Company, NNPCL Announces Partnership With NIPCO To Provide 35 Compressed Natural Gas Stations NationwideAccording to the NNPCL, the move is in line with President Bola Tinubu’s directive following the removal of fuel subsidy which has pushed petrol prices up from about N190 to over N620.

According to the NNPCL, the move is in line with President Bola Tinubu’s directive following the removal of fuel subsidy which has pushed petrol prices up from about N190 to over N620.

“Once fully operational, the stations can service over 200,000 vehicles daily, thereby significantly reducing the cost of automobile fuel for Nigerians and the cost of transportation. “NIPCO Gas Limited is currently operating 14 CNG stations across Nigeria and has converted over 7,000 vehicles to run on CNG. NIPCO’s technical competency and field experience will bolster this initiative's success and amplify its positive impact on the Nation's economy.

 

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