CNG to save Kano tricycle riders ₦8,200 daily — MDGIF.
Adama disclosed this on Tuesday during the commissioning of two Liquefied Compressed Natural Gas (LCNG) facilities […] The post CNG to save Kano tricycle riders ₦8,200 daily — MDGIF appeared first on Vanguard News .
Commercial tricycle operators in Kano State could save about ₦8,200 daily on fuel costs by switching from petrol to Compressed Natural Gas (CNG), the Executive Director of the Midstream and Downstream Gas Infrastructure Fund (MDGIF), Oluwole Adama, has said.
He explained that an operator who spends about ₦14,200 daily on 10 litres of petrol would spend approximately ₦6,000 on CNG for the equivalent energy, resulting in a daily saving of ₦8,200.
According to him, the savings could amount to nearly ₦250,000 monthly, providing tricycle operators with additional income to meet household expenses, pay their children’s school fees and save towards owning their tricycles. “Here in Kano, a litre of petrol sells for about ₦1,420, while the same amount of energy from CNG costs about ₦600. That is less than half the price,” Adama said. The two facilities commissioned are the LCNG Mother Station at Tamburawa and a Daughter Station at Hotoro Quarters in Tarauni Local Government Area.
MSEApp News is publishing an original rewrite of this tip for readers, based on reporting associated with Vanguard.