Former president of Nigeria, Olusegun Obasanjo has appealed to the Federal Government of Nigeria to advocate for the use of Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG) in the country.
This appeal was made during a visit to the former Nigerian leader by the management of NIPCO Plc. Obasanjo stated that the reason CNG was signed during his tenure as president was to make it an alternative to the petrol used in powering vehicles.
“If other governments had promoted the use of LPG and CNG in Nigeria, half of the country’s vehicles would have been converted to gas. The essence is to provide alternative to Premium Motor Spirit (PMS) or petrol at a reduced cost and to boost national socio-economic growth,” he said.
He added that CNG is much safer than petrol and diminishes the risk of Nigerians being exposed to harmful emissions.
In addition to Obasanjo’s words on the socio-economic benefit of CNG, the Managing Director (MD) of NIPCO PLC, Venkataraman Venkatapathy said that the use of CNG rather than the common petrol is likely to save the government on over $2 billion yearly. This results from the Compressed Natural Gas being over 50 percent cheaper than the conventional fuel used in Nigeria. It would also be over 45% cheaper than Diesel (on dual fuel mode).
“This will save the country over $2 billion yearly in foreign exchange. In Benin City, Edo State, over 4,000 vehicles run on CNG which resulted in replacing 20 million litres of petrol from 2012 to 2015 and which also saved over nine million dollars for the country,” he said.
Venkatapathy also talked about an initiative that’s been created by NIPCO PLC and the Nigerian National Petroleum Corporation (NNPC). The initiative is called Green Gas Ltd, and it seeks to establish the use of safer fuel options such as CNG is Nigeria.
“It is a superior auto fuel alternation to liquid fuels, mainly petrol and diesel specifically for countries like Nigeria which is blessed with abundant availability of natural gas remains untapped,” Venkatapathy said.
Nigeria like other countries is seeking alternatives to petrol due to the scarcity, pollution and economic woes that’s plaguing the western African country.