The Oyo State Government on Monday received 20 Compressed Natural Gas, CNG, buses from the federal government.
President Bola Ahmed Tinubu said the initiative was to alleviate the effect of fuel subsidy removal and promote a safer, cleaner, and more reliable nation.
The President, represented by the Chief Executive Officer and the Programme Director of Presidential Compressed Natural Gas Initiative, P-CNGi, Michael Oluwagbemi, said the initiative was one of the testimonies to the Renewed Hope Agenda.
Oluwagbemi noted that President Tinubu was concerned about making life easy for Nigerians, having discovered the importance of transportation towards the development of the nation’s economy.
According to him, the deployment of CNG buses in the country was to address issues affecting Nigerians particularly on petrol importation, among others.
He added that the deployment of the buses was to end the era of enriching the rich alone, stressing that compressed natural gas was a source of fuel that is abundant in Nigeria to alleviate hardship.
“President Tinubu is asking us to use our gas to thrive in transportation, and industries, produce more foods and fertilizers as well as other things that will make life easier for the people.
“We are beginning to do the right thing but this requires us to taste some pain. We can’t go back to subsidize our impoverishment. As a team, we are determined to show our commitment.
“We are here to present 20 buses as a sustainable partnership with Pacesetter Transport Service (PTS) to generate income because they are assets. We can effectively ensure that the future of the Oyo State is brighter as well as Nigeria,” he stated.
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