By Lanre Shittu Motors (LSM) has called on the Federal Government (FG) to provide support for local automakers with the capacity to produce compressed natural gas (CNG) vehicles. This appeal comes in the wake of the Presidential CNG Initiative, which aims to promote the use of CNG as a cheaper and more environmentally friendly alternative to petrol and diesel. LSM, a leading player in the Nigerian automotive industry, is poised to roll out a significant number of CNG-powered vehicles and seeks government backing to ensure the success of this initiative.
The Push for CNG Vehicles
Lanre Shittu Motors has been at the forefront of the push for CNG vehicles in Nigeria. The company has invested heavily in the development and production of CNG-powered buses, which are seen as a viable solution to the country’s transportation challenges. These vehicles are not only more cost-effective but also contribute to reducing carbon emissions, aligning with global sustainability goals.
The Managing Director of LSM, Taiwo Shittu, emphasized the importance of government support in this endeavor. He highlighted the need for funding, grants, and tax incentives to help local automakers scale up their production capabilities. With the right support, LSM believes it can significantly impact the Nigerian automotive market and promote the widespread adoption of CNG vehicles.
Benefits of CNG-Powered Vehicles
CNG-powered vehicles offer numerous benefits over traditional petrol and diesel vehicles. One of the most significant advantages is the cost savings. CNG is considerably cheaper than petrol and diesel, which can lead to substantial savings for both individual consumers and businesses. This cost-effectiveness is particularly important in a country like Nigeria, where fuel prices can be volatile.
In addition to cost savings, CNG vehicles are also more environmentally friendly. They produce fewer emissions compared to their petrol and diesel counterparts, helping to reduce air pollution and combat climate change. This aligns with the global push towards greener and more sustainable transportation solutions.
Furthermore, CNG vehicles are known for their durability and reliability. LSM’s CNG-powered buses, for example, are designed to run for over a million miles, making them a long-term investment for businesses and public transportation systems.
Challenges and the Way Forward
Despite the clear benefits, the adoption of CNG vehicles in Nigeria faces several challenges. One of the primary obstacles is the lack of infrastructure, such as refueling stations, which can hinder the widespread use of CNG vehicles. LSM has addressed this issue by deploying mobile CNG refilling stations across the country, but more support is needed to expand this network.
Another challenge is the initial cost of converting existing vehicles to run on CNG. While the long-term savings are significant, the upfront investment can be a barrier for many consumers and businesses. Government incentives and subsidies could play a crucial role in overcoming this hurdle and encouraging more people to make the switch to CNG.
Looking ahead, LSM remains optimistic about the future of CNG vehicles in Nigeria. The company is committed to working with the government and other stakeholders to create a supportive environment for the growth of the CNG market. With the right policies and investments, Nigeria can become a leader in sustainable transportation and reduce its dependence on imported fuels.