Categories: EnergyNews

FG didn’t increase CNG pump price — P-CNGI

The Presidential Initiative on Compressed Natural Gas (P-CNGI) says no directive was issued by the Federal Government to alter CNG pump price across Nigeria.

The Brands and Corporate Communications Manager of P-CNGI, Matilda Johnson, made this known in a statement on Thursday, September 4, 2025.

It was gathered that some private marketers currently dispense CNG at N380 per Standard Cubic Metre (SCM) against the N230 it was sold earlier.

Johnson re-echoed federal government’s assurance that CNG will always remain significantly cheaper, cleaner, and more affordable than petrol and diesel.

The P-CNGI spokesperson stressed that the recent pump price adjustments announced by certain operators were purely private-sector decisions and not the outcome of any government directive or policy.

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Johnson stated: “For absolute clarity: while pricing matters fall under the purview of the appropriate regulatory agencies, no directive or policy has been issued by the Federal Government to alter CNG pump prices.

“The mandate of P-CNGI, as directed by President Bola Tinubu, is to catalyse the development of the CNG mobility market and ensure the adoption of a cheaper, cleaner and more sustainable alternative fuel and diesel nationwide.

“So far, through the collaboration and commitment of relevant government agencies, the sector has witnessed monumental enthusiasm and growth.”

According to Johnson, the progress has already attracted close to one billion dollars in private sector investment, underscoring confidence in the market’s potential.

“Our focus remains on deepening CNG penetration nationwide and encouraging broader private sector participation to ensure availability and affordability for all,” Johnson added.

The Star

Segun Ojo

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