Heavy spending, thin results haunt FG’s $2bn CNG rollout

BusinessDay | 01-09-2026 04:20am |

The Nigerian government's $2 billion Compressed Natural Gas (CNG) rollout program has faced significant challenges, with heavy spending yielding minimal results. A scarcity of conversion centres persists, hindering the adoption of CNG vehicles. According to reports, N76.3 billion has been spent over a 31-month period, yet the program's impact remains limited. The initiative, launched three years ago after President Bola Tinubu removed the petrol subsidy, has struggled to meet its objectives.

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