“CHEAPER FUEL MUST MEAN CHEAPER TRANSPORT FARES”: PRESIDENT TINUBU, GOVERNORS MOVE TO CUT TRANSPORT FARES NATIONWIDE
I am pleased with my discussion with the Governors’ Forum this afternoon. The Governors have, on their own initiative, resolved to take immediate measures to bring down the cost of transportation in their states, with a strong focus on leveraging the cost benefits of CNG and electric vehicles.
The Federal Government is already investing significantly in this energy transition. Through the Presidential CNG Initiative, over 120,000 vehicles have been converted nationwide, with more than 100,000 additional conversion kits in the works. At the same time, we continue to expand conversion centres and refuelling infrastructure nationwide.
The Federal Government, through the Midstream and Downstream Gas Infrastructure Fund, is currently financing more than 100 gas projects across the country, including 15 CNG mother stations and 86 daughter stations. In May, I commissioned four of these projects in Lagos, Abuja and Owerri, including a 15-station refuelling network in Lagos and an Abuja facility that can serve 1,000 cars and tricycles and 50 trucks and buses a day.
I have also directed the additional rollout of another 500 CNG refuelling stations nationwide in addition to the 500 stations ordered earlier in the year by the Fund, bringing the programme to 1,000 stations across the country.
Intra-state transport is where Nigerians feel the cost most directly, and it is where the states hold the levers. I am encouraged that our Governors are moving to bring these benefits closer to the people they serve.
We have agreed to set up a joint Federal and State committee to begin implementing these measures immediately. A vehicle running on CNG spends 60 to 80 per cent less on fuel than one running on petrol.
From October 1, our goal is that Nigerians begin to partake in those savings through lower transport fares.
We have agreed that cheaper fuel should result in cheaper fares!
Each tier of government must keep doing its part and work together for the benefit of every Nigerian.
Nigeria First.
Bola Ahmed Tinubu
President of the Federal Republic of Nigeria
The Aso Villa
Abuja
27 August, 2026
@NigeriaGov@NGRPresident
@OgarEmmaOwogeka Even for the leadership of NBA to invite Fmr governor Amaechi a man who shut down judiciary practices in rivers state for over 2yrs turned lawyers to mere laborers to speak in this year conference. I shame
JUST IN: The Federal Government has commissioned 100 electric buses under the Renewed Hope Mass Transit Programme to ease transportation challenges for federal civil servants and improve workers’ welfare.
I won’t be surprised if the NBA invites GehGeh and Carter Efe as panelists tomorrow.
I am sure they want this year’s conference to trend on social media by inviting VDM to speak on security.
Newsflash:
Peter Obi's cramming failed him despite burning the midnight oil to prepare for the question-and-answer session with the lawyers during NBA AGC 2026
Nigerian Soldiers coming back from a mission recieved applause and a standing ovation from Nigerians inside the airport, thanking them for their service
This is beautiful