On Monday, July 31, President Bola Ahmed Tinubu addressed the country and announced that he is targeting states and local governments to roll out compressed natural gas (CNG) buses as a solution to ease the burdens created by the removal of fuel subsidies.
He stated that his administration had made a provision to invest N100 billion between July 2023 and March to acquire 3000 units of 20-seater CNG-fueled buses.
According to him, the buses will be shared with major transportation companies in the states using the intensity of travel per capita.