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EXCLUSIVE: Ex-presidential Candidate Faults Tinubu’s CNG Policy, Calls It Reckless
Engineer Martin Onovo, petroleum industry expert and former presidential candidate of the National Conscience Party (NCP), has described the federal government’s compressed natural gas (CNG) policy as reckless and poorly implemented. . . Read ..Full.. Article.. .
Onovo, who heads policy positions at the Movement for Fundamental Change (MFC), said the initiative has failed to deliver on its promise of providing clean and cheaper fuel.
“The purpose of clean and cheaper fuel has failed due to many reasons, including very poor concept engineering and poor policy development,” he told Daily Independent.
Onovo listed poor management capacity, high conversion costs, limited CNG stations, safety concerns, rising CNG prices, corruption, and inefficiency as factors undermining the policy.
He noted that less than one percent of registered vehicles in Nigeria had been converted to CNG, and.. Read . .More …
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