NIPCO GAS is about to promote the use of Compressed Natural Gas, CNG, as alternative to Premium Motor Spirit, PMS also called petrol in the commercial city of Lagos after it has announced completion of four CNG stations in Lagos.
The facilities would be opened for commercial operations by end of April to become the first of its kind in the state which is now contending with long queues at filling stations.
The managing director, NIPCO Gas Ltd., Nagendra Verma, briefing the media on the development at the weekend, said the firm has been involved in AutoCNG development and expansion since 2009.
Verma, who assured sustainability of supply after commissioning said presently, for Cars, Taxis and Keke’s; AutoCNG is being sold at NGN200/standard cubic feet scm against the petrol price of NGN610 per litre, in Lagos and NGN230/scm against the PMS price of NGN670/ltr in Abuja.
The managing director, further informed that similarly for heavy commercial vehicles; AutoCNG is being sold at NGN260/scm against the AGO price of NGN1250/ltr in Lagos and NGN290/scm against the AGO price of NGN1300/ltr in Abuja.
“NIPCO Gas is sure that with the continuous focus and push by the current government, AutoCNG will become the Choice fuel for Nigeria which has the potential to reduce the pressure on importation as well as on Forex.” he added.
