- The number of Compressed Natural Gas (CNG) conversion centres in Nigeria has increased to 158 in 2024, up from seven in 2023.
- The Presidential Committee on Compressed Natural Gas Initiative (Pi-CNG) aims to increase the number of conversion centres to 1,000.
- The goal is to facilitate the conversion of petrol cars to CNG vehicles, creating a robust market for CNG stations.
- The conversion cost, including kits and services, is approximately ₦1 million per vehicle, representing a ₦5 trillion market opportunity.
The significant increase in CNG conversion centres in Nigeria is a testament to the growing demand for cleaner and more affordable energy alternatives. The Pi-CNG initiative aims to promote the adoption of CNG as a viable alternative to petrol, reducing the country’s reliance on imported fuel and mitigating the environmental impact of fossil fuels.
According to Engr. Michael Oluwagbemi, Programme Director and Chief Executive of Pi-CNG, the initiative plans to establish a CNG manufacturing hub in Ajaokuta, Kogi State, to produce key components of CNG kits locally. This move is expected to reduce the cost of CNG conversion and create job opportunities in the sector.
The Pi-CNG initiative has also outlined plans to collaborate with the Nigerian Content Development and Monitoring Board (NCDMB) to develop the Ajaokuta CNG hub under the Nigeria Oil and Gas Park Scheme (NOGaPS). The initiative aims to convert 500,000 commercial vehicles to CNG and establish 1,000 training institutes nationwide to build capacity in the sector.
