The Federal Government, on Monday, handed over 20 Compressed Natural Gas buses to the Oyo State Government.
The Chief Executive Officer and Programme Director of the Presidential Compressed Natural Gas Initiative, Micheal Oluwagbemi, performed the handover on behalf of the Federal Government on the Pacesetter Transport Service, Eleyele, in Ibadan, the Oyo State capital.
Oluwagbemi said that the deployment of CNG buses in Nigeria goals to deal with points associated to petrol importation and different challenges affecting Nigerians.
He stated, “Ibadan, for generations, has all the time been enticing since its founding; it’s a spot the place commerce thrives and a state of secret billionaires. This initiative demonstrates that the state is certainly a pioneer and a becoming place to launch the CNG programme.
“President Bola Tinubu has urged us to make use of our gasoline sources to advance the transportation trade, produce extra meals and fertilisers, and undertake different initiatives that may ease life for the individuals.
“We are beginning to take the suitable steps, although it requires us to endure some challenges. We can not return to subsidising our personal impoverishment. As a group, we’re dedicated to this effort.
“We present these 20 buses as part of a sustainable partnership with Pacesetter Transport Service to generate income, as they are valuable assets. We need more such investments to ensure a more sustainable mass transit system, contributing to a brighter future for the state and Nigeria.”
Receiving the CNG buses on behalf of the state authorities, the Chairman and Sole Administrator of PTS, Salami Dikko, thanked the Federal Government and President Tinubu for the initiative.
He famous that when he assumed workplace, he encountered solely 5 operational buses, a quantity that has now elevated to 81.
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Dikko confused that CNG is one of the best answer to the state’s transportation points, as Governor Seyi Makinde helps the challenge to mitigate the results of subsidy removing.
He known as on the PI-CNG to supply an extra 100 CNG buses to cowl extra routes inside the state.
In his goodwill message, the Special Assistant to Governor Makinde on Environment, Ademola Aderinto, highlighted that CNG is a extra economical power supply.
“The future for Nigeria is CNG, which is natural gas. It is exciting that the state is leading this initiative. We extend our thanks to President Tinubu and Governor Makinde for embracing this change.”