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Nigerian govt unveils ‘convert now, pay later’ portal for vehicle owners to switch to CNG
In a bid to encourage Nigerians to switch from Premium Motor Spirit (PMS) to Compressed Natural Gas (CNG), the Federal Government has launched an application portal with a flexible payment plan.
This move is expected to make the transition smoother and more affordable for vehicle owners.
According to a statement issued on Wednesday by the National Orientation Agency titled “Payment plan to make it easier to switch to CNG,” Nigerians can now apply on the portal and spread payments in monthly installments.
The agency highlighted the benefits of CNG, including cost savings, environmental impact, enhanced engine life, safety, and reliability.
“Switching to Compressed Natural Gas is now more accessible than ever,” the NOA stated. “With flexible payment plans tailored to fit your budget, transitioning from petrol to CNG has never been smoother or more affordable.”
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The portal, which can be accessed at gocng.ng, offers an easy online application and quick approval process, ensuring a hassle-free experience for applicants. The government aims to support 1 million vehicle conversions by 2027, which is expected to reduce road transportation costs by 40%.
Benefits of Compressed Natural Gas (CNG)
– Cost Savings: Reduced fuel costs compared to PMS
– Environmental Impact: Cleaner alternative to PMS, reducing carbon emissions
– Enhanced Engine Life: Increased engine lifespan due to cleaner fuel
– Safety and Reliability: Proven technology with a track record of safety and dependable performance
The Federal Government’s “Convert Now, Pay Later” initiative is a significant step towards promoting the use of CNG in Nigeria. With the flexible payment plan and numerous benefits, vehicle owners are encouraged to take advantage of this opportunity to switch to a cleaner, more affordable fuel option.
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