This Will Go a Long Way: FG Shares Observation After Buying More CNG Buses From Nigerian Company [Video]

• The federal government wants more vehicles running on compressed natural gas (CNG) for transportation
• To achieve this aim and promote economic growth, the government is buying from local manufacturers instead of importing
• Days after taking delivery of Innoson Motors vehicles, Jet Motor Company has also delivered the federal government’s CNG bus orders

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The federal government of Nigeria continues its push for increased use of compressed natural gas (CNG) in transportation and is working with local automobile manufacturers.

Jet Motor Company is the latest company to have benefited from the CNG push initiative as it delivered 68 hybrid Jet Mover buses to the federal government for the Ministry of Finance.

Punch reports that the buses operate on compressed natural gas and premium motor spirit(petrol) and …