He stated how Innoson was reluctant to manufacture CNG vehicles due to past experiences with the government. The NLC President emphasized the potential of Compressed Natural Gas (CNG) as a viable energy source, citing its efficiency and cost-effectiveness compared to conventional fuels. He highlighted its ability to significantly reduce fuel costs for consumers, exemplified by the stark contrast in refueling expenses between CNG and PMS.
He said in an interview with The Sun, ”We explained to the government what Compressed Natural Gas is about and that the gas deposit we have in the country today isn’t enough to keep the country moving for the next 500 years. The cost of CNG is far cheaper. When people are filling their tanks now with N10,000, you don’t need up to 3,000 to fill your tank on CNG gas.
We met with Innoson and he started producing CNG vehicles but the government did not engage him. And he said he’s not going to give them any in advance and wait for them to pay because he has learned from experience. We met some other companies because the NLC would not be a company or a contractor but we tried to prove to them that even in Nigeria here, there are people who can work on this.” CONTINUE FULL READING>>>>>