Minister of Information and National Orientation, Mohammed Idris, has urged the private sector to take advantage of the Federal Government’s initiative on Compressed Natural Gas in the country by investing in human and materials resources required to grow the economy.
Idris made the call while speaking at the commissioning of the ABG CNG Plant and graduation of 40 CNG conversion technicians, on Tuesday in Abuja.
He observed that CNG is a more cost-effective means in the transportation sector while lauding the foresight of President Bola Tinubu championing the adoption of the CNG as a dominant alternative to premium motor spirits in powering commercial and private vehicles.
He said, “The CNG is the future and it is, therefore, important for Nigerian entrepreneurs to seize advantage of government policy on the CNG by investing in human and material assets required to grow its infrastructure across Nigeria.”
The minister noted that government has committed N100 billion, in the first instance, to the CNG project, noting that the CNG and its inherent opportunities were backed by Nigerian Labour Congress.
Chairman of ABG Group, Bawa Garba, remarked that “Our group is thankful to President Tinubu for the bold decision to adopt CNG. We are always a pioneering company, and our involvement in the CNG initiative is underscored by training multitudes of CNG conversion engineers across Nigeria.”
