According to Minister of State Petroleum, Timipre Sylva, the Compressed Natural Gas will cost between N95 to N97 per litre, to make fuel more affordable.
According to him, the fuel CNG had undergone a pilot project in Benin City where over 10,000 vehicles are already running on it.The minister said: “What we have decided is that we should try and give the masses an alternative. This will move the masses to CNG. That is transport vehicles for example, out of the PMS loop to be using the CNG. CNG cost less that the subsidized PMS. Per liter the subsidized rate of the PMS is N145 per litre. CNG will cost about N95 to N97 per litre.
Enumerating the benefits accruable to Nigeria from the passage of the legislation, Sylva said it will create an enabling environment for local and international investors.
Why can't this Govt do without lying?
We are waiting
In this Nigeria again? we are waiting to see it,that will be one of d new 7 wonders of d world making it 8
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