The Federal Government says it will establish a Compressed Natural Gas (CNG) park at the Ajaokuta Steel Company in Kogi.
This was made known by the Minister of Steel Development, Prince Shuaibu Audu through a statement by his Special Assistant on Media, Lizzy Okoji, on Monday in Abuja.
President Bola Tinubu had approved the establishment of the Presidential CNG Initiative (Pi-CNG) on Aug.18, 2023, as part of his palliative intervention targeted at cushioning the difficulties faced by Nigerians due to the removal of fuel subsidy.
The CNG is mainly composed of methane and primarily used as a substitute fuel for powering vehicles.
The establishment of the park is aimed at revolutionising transportation by deploying over 11,500 new CNG-enabled vehicles and providing 55,000 conversion kits for existing PMS-dependent vehicles.
It will also reduce the over-reliance on fossil fuel and contribute actively to cleaner and healthier environment in Nigeria through the use of CNG-powered vehicles.
“This goes to demonstrate the commitments of the president to easing the plights of citizens as a result of the removal of fuel subsidy,” he said.
”We are also joining the rest of the world in transiting towards green, sustainable, and cost-effective sources of energy.
“As stakeholders in P-CNGi, the Ministry of Steel Development also has plans for a proposed CNG park within the territories of the Ajaokuta Steel Company Ltd (ASCL).
“The CNG Park to be located in ASCL will benefit from existing infrastructure, like the natural gas line from Warri to Ajaokuta, the Metallurgical Training Centre.
“There are also the engineering workshops and the 10,000 housing estates in Ajaokuta environs, among others,” he said.
