The Presidential Compressed Natural Gas Initiative (PCNGI) has reported over $500 million in investments and a surge in CNG vehicle adoption, countering media claims of infrastructure gaps, as Nigeria’s CNG sector grows rapidly.
According to a statement released by PCNGI Program Director Michael Oluwagbemi on Monday, the initiative has transformed Nigeria’s transport landscape since May 2024. Over 50,000 vehicles have switched to CNG, with projections to reach 100,000, driven by awareness campaigns and economic incentives.
New infrastructure is expanding to meet demand, with 175 CNG stations under development by partners like AY Shafa, Femadec, and Greenville. NNPCL is adding eight stations to its existing 12, while Bovas and NIPCO plan further rollouts in Ibadan and nationwide. The Midstream Downstream Gas Infrastructure Fund has supported CNG projects, creating over 10,000 jobs.
Oluwagbemi highlighted upcoming station activations in Ilorin, Port Harcourt, and five other cities within 120 days. Femadec’s initiative to build CNG ecosystems in 20 universities further boosts access.
The PCNGI urged patience, noting that CNG adoption, backed by President Tinubu’s vision, is reducing transport costs by up to 90%. The initiative dismissed skeptical media narratives, emphasizing progress in sustainable transportation.
