November 4, 2024
Choose Between Petrol at ₦1,000 per Litre or Cheaper CNG at ₦200, President Tinubu Tells Nigerians
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Choose Between Petrol at ₦1,000 per Litre or Cheaper CNG at ₦200, President Tinubu Tells Nigerians

Choose Between Petrol at ₦1,000 per Litre or Cheaper CNG at ₦200, President Tinubu Tells Nigerians
Choose Between Petrol at ₦1,000 per Litre or Cheaper CNG at ₦200, President Tinubu Tells Nigerians

President Bola Tinubu says Nigerians can buy premium motor spirit, PMS, also known as petrol, at N1,000 per litre or compressed natural gas, CNG, at N200 per standard cubic meter.

In a statement, the Special Adviser on Information and Strategy to President Tinubu, Bayo Onanuga, said President Tinubu spoke during a meeting with the Nigerian Independent Petroleum Company, NIPCO, on Tuesday at the State House in Abuja.

Also Read: IMF slashes Nigeria’s 2024 economic growth forecast to 2.9%

While highlighting the significance of the Presidential CNG Initiative in reducing the nation’s reliance on petrol and cutting down fuel costs for consumers, the president also said has also introduced incentives for commercial motorists to convert from petrol to gas, free of cost.

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