The Nigerian National Petroleum Company Ltd (NNPCL) has decided to open a new gas station in Lagos specifically for Compressed Natural Gas (CNG) vehicles.
The new station is expected to service over 3,700 cars and 600 trucks daily that have been converted to run on CNG.
Speaking on the new gas station, Kayode Opeifa, the Executive Director of the Centre for Sustainable Mobility/Access Development (MenSMAD), said the gas infrastructure will be a 5.2 million standard cubic feet plant around the gas hub in Ilasamaja, Lagos State.
He said:
CNG is a fuel gas under pressure that remains clear, odourless and non-corrosive. It is an alternative to petrol.
According to Nagendra Verma, the managing director of NIPCO Gas AutoGas for cars, taxis and tricycles is being sold at about N200 per standard cubic foot, while for heavy commercial vehicles, CNG is sold at N260 per standard cubic meter (SCM).
Earlier, TimesNow.com.ng reported that several filling stations nationwide have adjusted their pump prices due to the scarcity.
In Lagos, some filling stations sell at N650 per litre, while in states such as Abia, it costs N700 to N750 per litre.
The scarcity is even worse in the northern part of the country, with reports of the black market selling a litre of fuel for as high as N2,000.
Source: TimesNow.com.ng
