Fueling the future: Nigeria’s CNG revolution

NIGERIA is on the cusp of a revolutionary transformation in its energy sector. The country’s abundance of natural gas reserves, coupled with the growing need for cleaner and safer energy sources, has set the stage for a Compressed Natural Gas (CNG) revolution. This shift is poised to transform Nigeria’s transportation sector, reduce greenhouse gas emissions, and unlock diverse economic benefits for the nation and its rapidly growing population. Presently, the nation’s energy sector is heavily reliant on fossil fuels, with petroleum products accounting for approximately 80 percent of the country’s energy consumption. However, this dependence comes with significant environmental and economic costs. The country’s transportation sector, which accounts for 40 percent of the nation’s energy consumption, is particularly vulnerable to fluctuations in global oil prices with a resultant high cost of transportation in both rural and urban regions of the nation. Therefore, the…

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Fueling the future: Nigeria’s CNG revolution

 

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