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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    FG, States, LGs share ₦2.00 Trillion for month of July 2025

    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

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    Onitsha River Port receives first container barge for 2025 season

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    President Buhari commissions the new US$100m Ultra-modern MMIA Terminal

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    Weekly Market Report: NGX rose 0.48% as Conoil shareholders lose 18.89%

    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

    • Nigeria
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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    NNPC and Partners to build first methanol plant in Nigeria

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    International Energy Insurance Plc announces full and final repayment of JPY1.85 billion Coupon Bonds due 2028

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    Augusto & Co. upgrades Globus Bank Limited’s rating to A and A1

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    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

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    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

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CNG Buses roll out across Abuja boarding passengers for free

Tuesday, 3 December 2024, 12:00 pm
in Business, Technology
0
FG announces payment plan for conversion of CNG buses
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The Federal Government has launched a free Compressed Natural Gas (CNG) bus service in Abuja to help reduce transportation expenses for residents in the capital city.

The CNG buses began operations on December 2, 2024, as announced in a video shared by the Presidential CNG Initiative on its X (formerly Twitter) page. These buses are set to operate along popular routes connecting suburban areas in Abuja, such as Mararaba to Eagle Square and Berger bus stop.

The government has stated that passengers can ride the buses free of charge for the next 40 days, with the free service concluding on January 6, 2025.

Last week, through the Ministry of Transportation, the government handed over 15 CNG-powered buses to three transportation unions to address the high cost of transportation in the capital.

The unions that benefited from this initiative include the National Road Transport Workers Union, the Nigerian Association of Road Transport Owners, and the Road Transport Employers Association of Nigeria.

Vivian Ifunanya Gerald

Engineer, Entrepreneur, forex trader and Analyst

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