The Nigerian National Petroleum Company Limited has acquired equipment and other necessary items to set up an additional 40 Compressed Natural Gas stations nationwide.
The Federal Government is also planning to have about 100 CNG stations in the next six months.
The Programme Director and Chief Executive Officer of the Presidential Compressed Natural Gas Initiative, Oluwagbemi Michael, disclosed this to The PUNCH on the sidelines of an event in Ogun State.
Oluwagbemi said the NNPC has set up 12 CNG centres in the last 12 months, with six in Abuja and six in Lagos.
The PCNGI director’s comments came amid complaints among Nigerians that there were a few CNG stations, which has affected the acceptance of CNG as an alternative fuel to petrol.
He stated that the government already has an active infrastructure development programme, saying he was working with the Midstream, Downstream Gas Infrastructure Fund.
“Two weeks ago, about N122bn was released to six private organisations that are investing in the CNG distribution value chain.”