The Federal Government has inaugurated a 5.2 million standard cubic feet per day Compressed Natural Gas plant in Lagos, built through a partnership between NNPC Gas Marketing Limited and Transit Gas Nigeria Limited, owned by Axxela.
Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, who commissioned the plant at the Isolo Industrial Area, Ilasamaja, said the occasion represents a critical turning point in the development of affordable, sustainable, and secure energy sources in the country.
Ekpo hailed President Bola Tinubu for his courageous decision to eliminate fuel subsidies and promote the acceptability and broader use of gas, giving Nigeria a once-in-a-lifetime chance to invent and adopt more economical, efficient, and sustainable energy alternatives.
Ekpo noted that the use of CNG as a transport fuel is a mature technology used globally as it is the cleanest burning fuel in terms of Nitro-oxide and soot emissions and emits 5-10 per cent less CO2 than gasoline-powered vehicles.
Meanwhle, Lagos State Governor, Babajide Sanwo-Olu said the CNG plant is a demonstration of his resolve to champion CNG utilisation across the State, by deploying 2,500 conversion kits and over 2,000 new CNG buses, which will commence operations before the end of the year.
