Tinubu, govs agree to cut transport fares using CNG, electric vehicles

President Bola Tinubu has announced that the Federal Government and state governors have agreed to reduce intra-state transport fares from October 1, leveraging cheaper Compressed Natural Gas and electric vehicles, following a meeting with APC governors on Thursday.

According to Daily Trust, Tinubu directed the rollout of an additional 500 CNG refuelling stations nationwide — on top of 500 ordered earlier — bringing the total programme to 1,000 stations across the country.

“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!” Tinubu said, adding that CNG-powered vehicles spend 60 to 80 per cent less on fuel than petrol-powered alternatives. Over 120,000 vehicles have already been converted nationwide.