The Federal Government has commissioned a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant in Lagos.
The government said the project is in furtherance of efforts to offer alternative fuel sources and mitigate the effects of petrol subsidy removal.
Spokesperson of the Nigeria National Petroleum Corporation (NNPCL) Limited, Olufemi Soneye, said in a statement that the NNPC plans to inaugurate six new plants across the country.
According to the statement, at an event to commission the project tagged “From Gas to Prosperity: CNG for All,” Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the inauguration marks a pivotal moment in the advancement of affordable, sustainable, and secure energy sources in the country.
He pointed out that the removal of petroleum subsidy had given the country a once-in-a-lifetime chance to invent and adopt more economical, efficient, and sustainable energy alternatives.
Ekpo emphasised that CNG as a transport fuel is a mature technology used globally, as it is the cleanest burning fuel in terms of Nitro-oxide and soot emissions, adding that CNG passenger vehicles emit 5-10 per cent less CO2 than comparable gasoline-powered passenger vehicles.
The GCEO of NNPC Limited, Mallam Mele Kyari, was quoted to have announced an investment decision with Axxela Ltd, aimed at ensuring energy security and increasing access to CNG for Nigerians.
He added that the initiative complements NNPC Limited retail’s gradual introduction of CNG in over 100 stations nationwide, along with other Joint Venture collaborations focusing on CNG.
