Home Metro Tinubu Offers New Fuel Options: Petrol at ₦1,000 per Litre or CNG at ₦200
Metro

Tinubu Offers New Fuel Options: Petrol at ₦1,000 per Litre or CNG at ₦200

Share
JUST IN: Tinubu Bans Homosexuality, Owning Private Bussines, Others In Military
Tinubu Bans Homosexuality, others in Nigerian military.
Share

In a recent meeting with Nigerian Independent Petroleum Company executives, President Bola Tinubu announced new fuel pricing options for Nigerian motorists.

As of yesterday, motorists can purchase petrol at ₦1,000 per litre or its gas equivalent at ₦200 per Standard Cubic Meter.

The President highlighted NIPCO’s contributions to Nigeria’s energy sector and praised the company’s efforts in promoting Compressed Natural Gas adoption. He emphasized public-private partnerships in fostering a shift to cleaner energy solutions.

Tinubu stated, “Nigeria’s motorists can buy petrol at ₦1,000 per litre or equivalent gas per Standard Cubic Meter at ₦200. We have also introduced incentives for commercial motorists to convert from petrol to gas” free of cost.

READ ALSO: FG Unveils Flexible Payment Scheme for CNG Vehicle Conversion

NIPCO’s director, Mr. Ramesh Kasangra, expressed gratitude towards President Tinubu for his support for the CNG sector. He assured the president of NIPCO’s readiness to expand CNG accessibility through significant investments in infrastructure.

However, this announcement has sparked controversy, with some critics arguing that the new prices will burden Nigerians.

The President’s political symbol, the broken shackle, has also been criticized as a symbol of unfulfilled expectations and oppression ² ³ ¹.

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
JUST IN: Fire Guts Hotel, Destroy Properties Worth Millions In Delta | Daily Report Nigeria
Metro

JUST IN: Fire Guts Hotel, Destroy Properties Worth Millions In Delta

A fire outbreak in Delta State has caused tension, as properties worth...

15-Year-Old Bride Conspires With Ex-Lover, Poisons Husband, His 2 Friends
Metro

15-Year-Old Boy Stabbed To Death Over Girlfriend In Niger

A young boy has lost his life following an argument over a...

FLASH: Man Slumps, Dies While Pushing Tricycle In Minna | Daily Report Nigeria
Metro

FLASH: Man Slumps, Dies While Pushing Tricycle In Minna

The families of a man are currently being looked for, after a...

Sheikh Gumi Calls For Establishment of Ministry For Herdsmen | Daily Report Nigeria
Metro

JUST IN: Herdsmen Kill Abducted Delta Man in Front of Family

Residents in an Delta community have once again cried out over the...