Abuja, Dec. 5, 2025 — The Federal Government says it has successfully mobilized $2 billion worth of investments into Nigeria’s Compressed Natural Gas (CNG) sector, as part of efforts to reduce dependence on petrol and diesel while promoting cleaner, cheaper energy alternatives.
Special Adviser to the President on Energy, Mrs. Olu Verheijen, disclosed the development during a press briefing, noting that the investments were secured through partnerships with both local and international firms. She explained that the government’s goal is to scale up the CNG program to attract $5 billion in total investments by 2027, creating jobs and lowering transportation costs.
According to Verheijen, the initiative is central to the administration’s Energy Transition Plan, which aims to cut emissions, diversify Nigeria’s energy mix, and provide affordable fuel options for millions of Nigerians.
“We are building a robust ecosystem for CNG adoption. This is not just about cleaner energy, but also about affordability and economic growth,” she said.
Why It Matters
The CNG program is expected to:
Reduce Nigeria’s reliance on imported petroleum products.
Lower transport costs for citizens by offering cheaper alternatives to petrol.
Create thousands of jobs in infrastructure, logistics, and vehicle conversion.
Support Nigeria’s climate commitments by cutting carbon emissions.
Industry experts say the move could transform Nigeria’s transportation sector, especially as the government pushes for mass adoption of CNG-powered buses and taxis.
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