CNG Buses Will Curb Inflation.

CNG Buses Will Curb Inflation.

Federal Government has assured Nigerians that the introduction of Compressed Natural Gas buses as part of the Presidential CNG Initiative will significantly reduce transportation costs.

The government also assured all that it would ultimately contribute to the control of the inflation rate.

Finance Minister and Coordinating Minister of the Economy, Wale Edun, gave the assurance when he visited the JET Motor Company Assembly Plant in Lagos, where CNG buses are currently being assembled.

This was contained in a statement released on Saturday by the Senior Special Assistant to the President on Media and Publicity, TemitopeAjayi.

The statement quoted Edun as saying that having witnessed the assembly process of these vehicles, he was confident that Nigerians will soon start enjoying the benefits of this initiative.




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