{"id":38701,"date":"2024-11-24T00:08:00","date_gmt":"2024-11-24T05:08:00","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/nigeria-turns-to-natural-gas-as-transport-prices-soar-after-petrol-subsidies-were-removed\/24\/11\/2024\/"},"modified":"2024-11-24T00:08:00","modified_gmt":"2024-11-24T05:08:00","slug":"nigeria-turns-to-natural-gas-as-transport-prices-soar-after-petrol-subsidies-were-removed","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/nigeria-turns-to-natural-gas-as-transport-prices-soar-after-petrol-subsidies-were-removed\/24\/11\/2024\/","title":{"rendered":"Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed"},"content":{"rendered":"<p>\n<\/p>\n<div data-article-body=\"true\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">ABUJA, Nigeria (AP) \u2014 When Nigeria&#8217;s President Bola Tinubu <a href=\"https:\/\/apnews.com\/article\/nigeria-fuel-subsidy-gas-station-lines-tinubu-30e336759c3bb77e48584522667d3b90\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:ended the costly subsidies;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">ended the costly subsidies<\/a> that made petrol affordable for many in Africa&#8217;s most populous country, Ahmed Halilu knew his e-hailing cab business in the capital, Abuja, was about to run into huge losses.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Transportation costs skyrocketed as the price of petrol more than tripled in the months that followed last year&#8217;s decision, resulting in the country\u2019s <a href=\"https:\/\/apnews.com\/article\/nigeria-protest-tinubu-economic-hardship-8d2916deeb674ea2c6a5ce211950e01f\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:worst cost-of-living crisis;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">worst cost-of-living crisis<\/a> in a generation. That meant a massive drop in the number of Halilu&#8217;s passengers and ultimately in his earnings.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">In what they said would eventually lower transportation costs by almost 50%, Nigerian authorities in August introduced a compressed natural gas (CNG) initiative to tap its huge gas reserves \u2014 Africa\u2019s largest \u2014 and roll out CNG buses while switching petrol-powered vehicles to use it.<\/p>\n<div class=\"col-body\">\n<div class=\"mx-auto mb-5 flex flex-col overflow-hidden rounded-xl pb-5 shadow-[0_0_1px_rgba(200,160,251,.63),0_2px_6px_1px_#F3E6FE]\">\n<h4 class=\"m-auto block px-4 pb-4 pt-2 text-lg font-bold leading-6\">Trusted news and daily delights, right in your inbox<\/h4>\n<p class=\"m-auto px-4 pb-4 text-sm font-normal\">See for yourself \u2014 The Yodel is the go-to source for daily news, entertainment and feel-good stories.<\/p>\n<\/div>\n<\/div>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">More than 100,000 vehicles have been adapted to run on CNG or with the hybrid option of CNG and petrol, and at least $200 million has been invested by the government under the initiative, according to its director, Michael Oluwagbemi.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The government aims to convert 1 million of Nigeria&#8217;s over 11 million vehicles in the next three years, but analysts say the process has been slow, pointing to poor implementation and limited infrastructure.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Although Nigeria is one of Africa\u2019s top oil producers, it depends on imported refined petroleum products because <a href=\"https:\/\/apnews.com\/article\/nigeria-oil-refinery-aliko-dangote-4bdbe8fa1b1abe6e927271a2948b7011\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:its refineries are struggling;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">its refineries are struggling<\/a>, with production at its lowest in decades amid <a href=\"https:\/\/apnews.com\/article\/africa-vandalism-theft-nigeria-f68f427b437ee6225add86d46da7e5fd\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:massive oil theft;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">massive oil theft<\/a>.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Together with <a href=\"https:\/\/apnews.com\/article\/nigeria-foreign-exchange-rate-naira-2d0d62bc89358b957edd602f506b7650\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:other reforms;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">other reforms<\/a> introduced by Tinubu after coming to power in May last year, the removal of subsidies was supposed to save the government money and shore up dwindling foreign investments.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">However, it has affected the price of just about everything, and soaring transportation costs force people to abandon their vehicles and walk to work.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Switching over to gas is hard. In addition to the lack of an adequate network of CNG conversion and filling stations \u2014 available in 13 of Nigeria&#8217;s 36 states \u2014 the success of the government&#8217;s initiative also has been limited by low public awareness.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">That has left room for misinformation and hesitancy among drivers.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cPeople are not keen about it because of a lack of orientation,&#8221; Halilu said. He converted his vehicle and now saves $240 monthly on petrol costs in his e-hailing business.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Some drivers have expressed fear that their cars could explode with the CNG conversion \u2014 claims that regulatory agencies have said are untrue unless the equipment is installed inappropriately. In southern Edo state, authorities found that a CNG-powered vehicle that exploded had been worked on by an unaccredited vendor.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Even in Abuja and the economic hub of Lagos, filling stations are scarce and the few available conversion workshops are often lined with commercial vehicles waiting for days to switch to CNG at subsidized rates.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Meanwhile, the cost for private vehicles to switch is 20 times Nigeria\u2019s minimum monthly wage of $42.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">A colleague had to travel about 200 kilometers (124 miles) to Abuja to refill his cylinder, said Abdul Manasseh, an e-hailing taxi driver in Abuja.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Another challenge that has slowed the initiative is Nigeria\u2019s limited gas pipeline, which makes supplying stations difficult. As a result, most parts of the northern and eastern states have not been reached.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The challenges echo those for the shift to electric vehicles in Nigeria, where the adoption by private operators has been slow. The <a href=\"https:\/\/apnews.com\/article\/nigeria-electricity-poverty-solar-access-55b5cd3935447bfbeffc32220009e2cd\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:power supply remains fitful;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">power supply remains fitful<\/a> for most of the country\u2019s 210 million citizens, mainly as a result of underinvestment and vandalism.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The government understands there is still \u201ca lot of uncertainty\u201d around the CNG initiative and is working to correct the misconceptions and provide the needed infrastructure, said Tosin Coker, the initiative&#8217;s head of commercial matters.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cCNG is a cleaner fuel, it is a cheaper fuel and it is a safer fuel compared to the petrol that we are used to,&#8221; Coker said. \u201cSo you will have more money in your pocket and it&#8217;s cleaner for the environment.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">___<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The Associated Press receives financial support for global health and development coverage in Africa from the Gates Foundation. The AP is solely responsible for all content. Find AP\u2019s <a href=\"https:\/\/www.ap.org\/about\/our-standards-with-outside-groups\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:standards;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">standards<\/a> for working with philanthropies, a list of supporters and funded coverage areas at <a href=\"http:\/\/ap.org\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:AP.org;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">AP.org<\/a>.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.yahoo.com\/news\/nigeria-turns-natural-gas-transport-041527530.html\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABUJA, Nigeria (AP) &mdash; When Nigeria&rsquo;s President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa&rsquo;s most<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/world\/nigeria-turns-to-natural-gas-as-transport-prices-soar-after-petrol-subsidies-were-removed\/24\/11\/2024\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":38703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/38701"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=38701"}],"version-history":[{"count":0,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/38701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/38703"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=38701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=38701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=38701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}