President Bola Tinubu on Thursday disclosed that state governors have resolved, on their own initiative, to reduce the cost of transportation nationwide.
He said a joint federal-state committee would be established immediately to ensure that cheaper Compressed Natural Gas translates into lower transport fares for commuters from October 1, 2026.
In a personal statement titled ‘Cheaper Fuel Must Mean Cheaper Transport Fares President Tinubu, Governors Move to Cut Transport Fares Nationwide,’ the President said his discussion with the Nigeria Governors’ Forum on Thursday afternoon produced a firm commitment from governors to leverage the cost benefits of CNG and electric vehicles to bring down transportation costs in their states.
He stated, “I am pleased with my discussion with the Governors’ Forum this afternoon. The governors have, on their own initiative, resolved to take immediate measures to bring down the cost of transportation in their states, with a strong focus on leveraging the cost benefits of CNG and electric vehicles.”
He disclosed the scale of the Federal Government’s ongoing investment in the energy transition through the Presidential CNG Initiative.
