The Oyo State Government has received 20 Compressed Natural Gas (CNG) buses from the federal government which were presented to Pacesetter Transport Service (PTS), an agency of the state government to ease the pressure brought on commuters by the increase in petrol price.
Penpushing reports that the Chief Executive Officer and Programme Director of the Presidential Compressed Natural Gas Initiative (P-CNGI), Micheal Oluwagbemi, made the presentation, in Eleyele, Ibadan.
“We present these 20 buses as part of a sustainable partnership with Pacesetter Transport Service to generate income, as they are valuable assets. We need more such investments to ensure a more sustainable mass transit system, contributing to a brighter future for the state and Nigeria,” he said.
Penpushing further reports that the Director said President Bola Tinubu had urged technicians and engineers to use gas resources to advance the transportation industry, stressing that need to be committed to the success of the project
“We are starting to take the right steps, though it requires us to endure some challenges. We cannot return to subsidising our own impoverishment. As a team, we are committed to this effort’, Oluwagbemi said
Penpushing also reports that Chairman and Sole Administrator of Pacesetter Transport Service (PTS) Ibraheem Salami accepted the Compressed Natural Gas (CNG) buses on behalf of the state government and thanked the federal government for the initiative.
The Chairman pointed out that the agency had only five operational buses when he took office, but the number has since increased to 81, emphasizing that Compressed Natural Gas (CNG) is the best solution to the state’s transportation problems.
Penpushing reports that Salami noted that Governor Seyi Makinde backs the project to mitigate the effects of subsidy removal and requested that the Presidential Compressed Natural Gas Initiative (P-CNGI) provide an additional 100 Compressed Natural Gas (CNG) buses to cover more routes within the state.
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