Thursday, July 9, 2026

Subsidy Removal: Petrol marketers ask Nigerians to switch to CNG

IPMAN has advised Nigerians to switch to compressed natural gas as an alternative to petrol following the petrol subsidy removal.

• August 2, 2023
Fuel pump
Fuel pump

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to switch to compressed natural gas (CNG) as an alternative to petrol following the petrol subsidy removal.

IPMAN national president Chinedu Okoronkwo said, “In spite of the excruciating pain of subsidy removal, there’s something that can act as a succour in the country if we must live and be happy.”

Mr Okoronkwo stated this at a public hearing by the ad hoc committee of the House of Representatives on the recent hike in petrol price in Abuja.

“Energy everywhere is critical. It is on the security list of every nation, and God has given us about the best in gas that can last for over 500 years. What we require now is to build the market. The demand will be there. We need this house to help us build the market,” added Mr Okoronkwo.

The IPMAN leader explained that everyone “is feeling the pinch,” adding that “everyone has taken the bullet.”

He noted, “Palliatives are just for some time, the permanent solution is what we have brought to the nation, and we tag it as good news because, with little money, you can fill your tank and still do business.”

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

President Bola Tinubu

Hot news Home top

I won’t betray Nigerians’ trust; my reforms will deliver better future: Tinubu

Mr Tinubu insisted that the ongoing reforms would eventually deliver lasting national prosperity.

Stock Market

Economy

Stock market transacts 1.66 billion shares, gains N962 billion

The uptrend was driven by broad-based buying interest across banking, consumer goods, industrial, insurance and telecommunications stocks.

School in Kano

Kano

Kano govt inaugurates 2025/2026 annual school census

The commissioner presented sample census questionnaires and other data collection materials to key education agencies.

Mbappé effigy

Sport

Mbappé effigy burning in Paraguay fuels fans’ racism accusations

The decision to burn an effigy of Mbappe did not sit well with many on social media, and they are claiming racism as the motive behind it.

ISWAP

States

Soldier killed as ISWAP terrorists attack Borno military base

The army described the July 7 attack on the base as a coordinated assault that was successfully repelled by troops.

Nigerian visa

Diaspora

Nigeria suspends O15 third-party visa services for U.S.-based applicants

The service, which did not disclose reasons for the suspension, clarified that its e-visa system remained active for prospective travellers.