FG To Establish Natural GAS Park At Ajaokuta Steel COY - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
March 26, 2024
The Minister of Steel Development, Prince Shuaibu Audu, said this in a statement issued by his Special Assistant on Media, Lizzy Okoji, in Abuja.
The CNG is mainly composed of methane and primarily used as a substitute fuel for powering vehicles.
It is compressed to less than one per cent of the volume it occupies at standard atmospheric pressure.
President Bola Tinubu had approved the establishment of the Presidential CNG Initiative on August 18, 2023, as part of his palliative intervention aimed at cushioning the difficulties faced by Nigerians due to the removal of fuel subsidy.
The initiative aims to revolutionise transportation by deploying over 11,500 new CNG-enabled vehicles and providing 55,000 conversion kits for existing PMS-dependent vehicles.