The Nigerian National Petroleum Corporation (NNPC) Foundation has donated 10 Compressed Natural Gas (CNG) buses to the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) Initiative in a move to provide affordable transportation for Nigerians.
The move is part of NNPC Ltd effort to lead Nigeria’s transition to cleaner energy and ensure energy security.
The state-owned company disclosed the donation on Monday through the Managing Director of NNPC Foundation, Mrs. Emmanuella Arukwe. The MD said the 10 CNG busses are part of the 30 buses presented to President Bola Tinubu by DAPPMAN on Monday.
Arukwe said, “We committed to 10 CNG buses to DAPPMAN, which is what we have delivered today. We are excited to be part of this initiative. Although it is NNPC initiative but for us in the foundation, we are really committed to our area of focus, which is energy and the environment.”
The MD highlighted the significance of the CNG buses to the economy, adding that fueling the buses is more cost-effective compared to conventional fuels.
According to her, the use of CNG buses would crash transport fare and alleviate the suffering of Nigerians.
She said cheaper transport will boost the economy as the logistic components of inflation, particularly food inflation, will moderate.
“It’s very significant because, for example, filling those 10 buses will cost a little money. We know that CNG, apart from being clean, is much more cheaper, because is cheaper to fuel the vehicle, and the price is going to be way down.
“So, for the public this is the way to go because once they can pay their transport fire as we know people move around a lot, these are very big buses that can take up to 100 people, so is significant that if we have more CNG buses, the transport fare will be greatly reduced. It will really help the economy in terms of people moving around, which is different from what we have with the PMS.
“As you know, these are CNG buses. They are clean energy buses. Aside from that, access to energy is one of the key areas we are focused on. So, it aligns with our vision and objective, so we are excited that we are part of NNPC drive towards making ensure that people have access to energy especially towards making sure that people have access to duel fuel which is environmentally friendly.”