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FG to convert 10 million PMS vehicles to CNG


The Federal Government has said it would convert 10 million Premium Motor Spirit (PMS) vehicles to Compressed Natural Gas in the next 36 months.

 

The Minister of State Petroleum Resources (Gas), EKPERIKPE EKPO, stated this while on a panel at an ongoing conference and exhibition in Abu Dhabi, United Arab Emirates.

 

EKPO said key benefits of the initiative include, creating over 100,000 jobs for Nigerians, increasing government savings from reduced subsidy payout for the importation of PMS, reducing carbon emission following the utilization of clean gas to drive internal combustion engines.

 

He reiterated the commitment of the Federal Government in creating an enabling operational and fiscal environment to support investments in the upstream, midstream, and downstream gas sectors.

 

According to the Minister, the initiative was in partnership with the private sector.

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