{"id":58387,"date":"2024-12-24T09:13:43","date_gmt":"2024-12-24T09:13:43","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=58387"},"modified":"2024-12-24T09:13:43","modified_gmt":"2024-12-24T09:13:43","slug":"cng-will-reduce-inflation-create-jobs-tinubu-assures-nigerians","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2024\/12\/24\/cng-will-reduce-inflation-create-jobs-tinubu-assures-nigerians\/","title":{"rendered":"CNG Will Reduce Inflation, Create Jobs, Tinubu Assures Nigerians"},"content":{"rendered":"<p><strong>By Ade Iyamoye\u00a0<\/strong><\/p>\n<p>President Bola Ahmed Tinubu has assured Nigerians that his administration\u2019s promotion of Compressed Natural Gas (CNG), will drive down transportation costs, reduce inflation, and create jobs by attracting automobile assemblers to the country.<\/p>\n<p>Speaking on TVC, Tinubu highlighted the strategic importance of CNG in achieving affordable transportation and boosting economic opportunities.<\/p>\n<p>&#8220;To bring affordable transportation, we have this CNG that will bring down costs gradually.<\/p>\n<p>&#8220;Encouraging electric vehicles plus CNG will attract automobile assemblers in Nigeria instead of this second-hand market that is not creating jobs,&#8221; he said.<\/p>\n<p>This initiative, a key pillar of Tinubu\u2019s Renewed Hope Agenda, is set to expand CNG infrastructure, incentivize vehicle conversions, and reduce reliance on costly petrol imports.<\/p>\n<p>By leveraging Nigeria\u2019s abundant natural gas reserves, the government aims to cut transportation expenses, ease inflationary pressures, and build a sustainable economy.<\/p>\n<p>Experts applaud the policy, noting its potential to create thousands of jobs in automobile assembling and related industries while positioning Nigeria as a leader in clean energy adoption.<\/p>\n<p>Tinubu\u2019s plan signals a decisive step toward economic stability and environmental sustainability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ade Iyamoye\u00a0 President Bola Ahmed Tinubu has assured Nigerians that his administration\u2019s promotion of Compressed Natural Gas (CNG), will drive down transportation costs, reduce inflation, and create jobs by attracting automobile assemblers to the country. Speaking on TVC, Tinubu highlighted the strategic importance of CNG in achieving affordable transportation and boosting economic opportunities. &#8220;To [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":58388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-58387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/58387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=58387"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/58387\/revisions"}],"predecessor-version":[{"id":58389,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/58387\/revisions\/58389"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/58388"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=58387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=58387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=58387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}