Engr Farouk Ahmed, the chief executive of NMDPRA, disclosed this during a meeting in Abuja. He said it is now mandatory for filling stations to increase CNG accessibility for consumers.
CNG is a fuel gas under pressure that remains clear, odourless and non-corrosive, 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).
Speaking further about the new order to filling stations, Ahmed also said new applications for retail licences would no longer be approved without CNG points.
He further described the push by the federal government to encourage the use of CNG as an alternative to petrol as a revolution.
NMDPRA boss added that the government was determined to reduce the burden of petrol on the economy, Punch reports
His words:
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.
Proofreading by James Ojo Adakole, journalist and copy editor at TimesNow.com.ng.
Source: TimesNow.com.ng
