Lawrence Olaoye 
In order to significantly reduce the cost of transportation following the removal of fuel subsidy, the Federal Government has handed over 64 Compressed Natural Gas (CNG) buses to representatives of the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC), and the National Association of Nigerian Students (NANS).
This was disclosed by the Presidential spokesman, Bayo Onanuga, in a statement made available to journalists yesterday. According to him, the release of the vehicles would ignite the hope for a more affordable and efficient public transport system in the country.
The handover of the buses took place at the State House Conference Centre, Abuja, as part of activities marking Nigeria’s 64th independence anniversary. Coordinating Minister of the Economy and Minister of Finance, Wale Edun, led the government delegation that included the Minister of Information and National Orientation, Mohammed Idris, the Minister of Budget and Economic Planning, Abubakar Bagudu, and the Minister of State for Youth Development, Ayodele Olawande.
Edun described the distribution of the buses as fulfilling President Bola Tinubu’s promise to provide affordable and efficient transportation to support Nigerians after the removal of fuel subsidies under the Presidential Initiative on Compressed Natural Gas (PCNG).
He emphasised that this initiative aimed to alleviate the burden on the poor and vulnerable and support macroeconomic reforms that would position the country on the path to economic stability.
