NewsWatch.com.ng journalist Dave Ibemere has over a decade of enterprise journalism expertise with in-depth data of the Nigerian financial system, shares, and common market tendencies.
The Nigerian Nationwide Petroleum Firm Ltd has commissioned 12 new fuel stations in Lagos and Abuja particularly for Compressed Pure Gasoline (CNG) autos.
The newly operational CNG stations, comprising six in Lagos and 6, are a part of authorities efforts to assist scale back transportation prices within the nation.
The brand new CNG stations add to the just lately commissioned station in Ilasamaja, Lagos state.
CNG is a pressurised gas fuel that’s clear, odourless, and non-corrosive, serving as an alternative choice to petrol.
In line with Nagendra Verma, Managing Director of NIPCO Gasoline, AutoGas for automobiles, taxis, and tricycles is priced at about N200 per commonplace cubic foot, whereas CNG for heavy business autos is offered at N260 per commonplace cubic meter (SCM).
In line with the NNPC, the CNG stations are outfitted with superior reciprocating and hydraulic booster compressors, offering a meting out strain of 200 bar for CNG autos.
CNG is transported to stations in Abuja and Lagos through digital pipelines from Mom Stations in Ajaokuta, Kogi State, and Ibafo, Ogun State.
The Abuja and Lagos stations have a meting out capability of over 6 million commonplace cubic toes (MMSCF) of CNG per day, serving roughly 15,000 autos every day.
Earlier, NewsWatch.com.ng reported that extra Nigerians are turning to Compressed Pure Gasoline (CNG) to chop gas bills, as petrol costs have elevated previously month.
Stories present that some filling stations in sure states ask motorists to pay as much as N937 per litre for petrol.
The cheaper gas different, offered at N200, is turning into extra enticing to Nigerians.
Proofread by Kola Muhammed, journalist and copyeditor at NewsWatch.com.ng
Supply: NewsWatch.com.ng
