Thursday, June 18, 2026

Petrol Subsidy Removal: FG donates 20 CNG buses to Oyo govt

President Bola Tinubu’s administration on Monday in Ibadan donated 20 compressed natural gas (CNG) buses to the Oyo government.

• September 2, 2024
CNG Buses (Credit: GNV Magazine)
CNG Buses (Credit: GNV Magazine)

President Bola Tinubu’s administration on Monday in Ibadan donated 20 compressed natural gas (CNG) buses to the Oyo government.

The chairman of the Pacesetter Transport Service, Ibrahim Salami, received the buses on behalf of the state government.

The gesture was part of Mr Tinubu’s measures to cushion the effect of fuel subsidy removal and promote safer, cleaner, and more reliable means of transportation.

Michael Oluwagbemi, CEO and the programme director of the Presidential Compressed Natural Gas initiative (P-CNGi), said the donation was in fulfilment of Mr Tinubu’s promise.

According to Mr Oluwagbemi, deploying the CNG buses is to address issues affecting Nigerians, particularly on petrol importation, among others.

He said the initiative was one of the testimonies to Tinubu’s Renewed Hope Agenda, “to make life easier for Nigerians, considering the importance of transportation to the nation’s economy.

“The deployment of the CNG buses to Oyo State is to address some of the challenges associated with issue of petroleum, thereby ameliorate hardship in the society.

“President Tinubu is asking us to use our gas to drive transportation, industries, produce more foods and fertilizers as well as other things that will make life easier for the people,” he said.

Mr Salami commended the federal government for the gesture because the initiative would enhance the smooth and easier transportation system in Oyo.

He noted that embracing CNG buses remained the best approach to solving transportation challenges in Oyo. He, however, urged the P-CNGi to provide an additional 100 CNG buses to cover more routes in Oyo.

(NAN)

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