FG mulling auto-gas as alternative to petrol - Osinbajo

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Mr Osinbajo says there is no plan to increase taxes.

In a determined effort to offer Nigerians an effective option to petrol, the federal government will focus on developing Compressed Natural Gas otherwise known as auto-gas, which is priced significantly lower than PMS.stated this during a virtual interactive session hosted by the Africa Report magazine on Thursday.

According to him, “what we have decided to do is to focus on Compressed Natural Gas which is about half the price of petrol today. So, if we use CNG for our cars and for our buses, it will cost between N78 and N80 or so per liter.”, the Federal Government’s objective is to promote domestic use of CNG and support the creation of 1 million jobs by maximising the domestic use of CNG while reducing reliance on refined petroleum products like kerosene and Premium Motor Spirit .

 

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Who will pay for the conversion? Or I will spend 1m + to convert a car lass than 800k too run on gas? We aren't all daft now...

Gas driven vehicles, for carelessly wayward Nigerians? Shey boko haram gas cylinders in vehicles explosions never tell una something?

ProfOsinbajo no comment sir

Coming from this man, na Audio matters🤓. Audio Ikoyi Gate Report Audio Modular Refinieries Audio Trader Moni AudioVirtualVP

Always talking & planning, but nothing to show for it. This VP is supposed to be a lecturer in one of the universities, he should have no business in governance...

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