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Energy

Gas is the new petrol – FG to Nigerian car owners

FG is finding ways by which gas will become the preferred fuel for cars instead of petrol.

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The Federal Government has revealed that Nigerians can now convert cars using petrol to gas, which is cheaper, with effect from October 2020.

The Minister of State for Petroleum Resources, Timipre Sylva, disclosed this during a press briefing with newsmen in Abuja on Thursday, September 11, 2020.

READ: FG discloses plan to sell fuel at N97 per litre with new initiative

Sylva said, “To give it (deregulation) a human face, we are introducing an alternative fuel. We are giving autogas. Gas will now become fuel for our cars. This programme will be rolled out within the next month. So, if you go to a filling station and you convert your car to dual capability or dual fuel, then you drive into a typical filling station, you will find gas LPG, you find CNG and NLG being sold.

READ: FG discloses when Nigeria will start exporting petroleum products

“So, if you look at the price of PMS versus the price of gas and you think that gas is cheaper which of course, it is going to be cheaper. Gas will even be cheaper than PMS as it is today. So you see that we are also giving an alternative to ordinary Nigerians.’

READ: FG introduces gas transport network code

Nairametrics, reported that preparatory to this, the Department of Petroleum Resources (DPR), had ordered about 9,000 filling stations across the country, to start the installation of facilities for gas products. The move is expected to improve the utilization of Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), and Autogas, as an alternative fuel for Nigerians.

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

2 Comments

2 Comments

  1. Anonymous

    September 11, 2020 at 10:50 am

    Helle I am Osadebe Chike Dennis from Delta State. I needed advise on how to go about buying shares , I am a beginner

  2. Chief H. Nd Duroha

    September 12, 2020 at 6:25 am

    The way the Govt is carrying on, one will will think that the system of conversion from petrol to gas is so simple that any Jack can decide on it over night and do it. If the system is that simple and acceptable, how come people are not converting abroad?

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