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Friday, October 18
Oluwagbemi revealed that the initiative would cost ₦36 billion, covering the distribution of 30,000 CNG conversion kits free of charge nationwide within the next three months.
This initiative follows President Bola Tinubu’s directive for all Ministries, Departments, and Agencies to procure CNG-powered vehicles as a measure to mitigate the impact of the fuel subsidy removal.
Each kit and the associated conversion costs are valued at ₦1.2 million per vehicle, totalling ₦36 billion for the project.
“The President has instructed us that this initiative will not stop at 30,000 kits..
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