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Business News of Saturday, 25 May 2024

Source: www.legit.ng

Nigerian company releases locations of its filling stations to buy fuel priced at N200

More Nigerians chose CNG fuel as an alternative to petrol More Nigerians chose CNG fuel as an alternative to petrol

Some filling stations across Nigeria have commenced the sale of Compressed Natural Gas (CNG) fuel, which is seen as a viable alternative to Premium Motor Spirit, also known as petrol.

CNG is a fuel gas under pressure that remains clear, odourless and non-corrosive.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) recently ordered all filling stations across the country to commence selling CNG.

The introduction of CNG at filling stations is part of the federal government's broader strategy to diversify Nigeria's energy sources and reduce citizens' dependence on petrol.

Nigerians buy CNG at filling stations

NIPCO is at the forefront of the adoption of CNG in Nigeria, with its filling stations spread across the country.

Legit.ng reported that a driver who converted his car to run on CNG shared his experience in a video at a NIPCO filling station, where CNG was sold at N150 per cubic meter.

The driver also revealed that filling his car's tank with CNG fuel cost him not more than N2,000.

NIPCO gas stations where you can get CNG

NIPCO gas stations are located in 15 different areas across Nigeria. Some of these locations include:

1. Opposite MFM Prayer City, Lagos-Ibadan Expressway

2. Ibadan-Lagos Road, Ibadan

3. Kubwa, Umaru Musa Yar'Adua Road, and Ohunene, Ajaokuta in Abuja

4. Edikor Village, Ibaka Road, Udung Uko LGA, Akwa Ibom

5. Warri-Sapele Road, Okolovu

In a recent statement, Nagendra Verma, the managing director of NIPCO Gas, revealed that autogas for cars, taxis, and tricycles was being sold at about N200 per standard cubic foot, while for heavy commercial vehicles, CNG was sold at N260 per standard cubic meter (SCM).