Vice-President Kashim Shettima announced plans for mass deployment of CNG vehicles for public transportation across states.
He revealed this during the National Economic Council (NEC) meeting in Abuja, discussing petrol subsidy removal.
The decision was part of the fourth NEC meeting’s resolutions, presented by Anambra state governor, Chukwuma Soludo.
The council’s decisions followed a presentation on cushioning the effect of petrol subsidy removal by Chukwuma Soludo, Anambra state governor, who spoke on behalf of the NEC ad hoc committee.
“We will also pursue vigorously, the mass deployment of CNG-powered vehicles and establishment of autogas conversion plants/kits in all states in the short-term,” Shettima was quoted as saying.
“We will also deploy electric buses and cars with charging infrastructure across the country.”
Vice-President Shettima did not specify the implementation date, but the council aims to support engagements between state governors and labor unions.
The committee also suggested cost-of-living allowances for civil servants in both state and federal services.
“The council agreed to support the federal government’s efforts to scale up infrastructure, especially to give attention to fixing dilapidated highway roads across the country,” he said.
“Other highlights of the NEC meeting are as follows: outstanding balances at the end of June excess crude account — $473,754.57, stabilisation account N27,524,857,142.27, development of natural resources fund N98,421,834,602.86.
“Monthly statutory and exchange gain, non-oil revenues balance as at January to June 2023 is N104,978,145,865.86; solid mineral development fund (SMDF) balance as at January to June, 2023 is N835,511,263.00.”
As of June 30, the outstanding liability on the state budget support facility was N1,718,705,566,436.25.
Muhammad Nami, chairman of FIRS, presented major revenue reforms between 2020 and 2023, focusing on tax restructuring, automation, customer service, and data-centric approach.
DAPPMAN pledged 100 CNG buses to mitigate petrol subsidy removal’s effects, during a meeting with President Tinubu.
