Nigeria: CNG Price Hits N450 Per Scm Amid Long Queues, Subsidy Cuts

Nigeria: CNG Price Hits N450 Per Scm Amid Long Queues, Subsidy Cuts

The price of Compressed Natural Gas (CNG) has surged from N230 to N450 per standard cubic metre (SCM) amid long queues and limited refilling stations

CNG price doubles to ₦450 as FG removes subsidy - motorists fear return to petrol

The Federal Government’s push for Compressed Natural Gas (CNG) as an affordable alternative to petrol and diesel is under renewed scrutiny, following a sharp increase in prices and persistent shortages at refuelling stations. The cost of one standard cubic metre of CNG has nearly doubled, rising from ₦230 to ₦450, after the government quietly reduced its subsidy support. Retailers confirmed that while trucks now pay ₦450/SCM, car drivers and com…

FG removes subsidy on CNG: Prices jump to N420 as Nigerians face long gueues

The Nigerian government has removed the subsidy from compressed natural gas (CNG). The development has resulted in scarcity and long queues at filling stations.

CBN PRICE CLIMBS TO 450/SCM AS FG WITHDRAWS SUBSIDIES

climbs to / The cost of Compressed Natural Gas (CNG) has jumped from N230 to N450 per standard cubic metre, triggering fresh anxiety among motorists battling with few refuelling stations and long queues. While trucks now pay the full N450/SCM, cars and commercial buses are charged N380/SCM. A PCNGI official explained: “The refuelling stations now sell at different prices for cars and trucks. Subsidy is meant to ease passenger transport, but truc…

CNG Price Surges to ₦450 as Market Pressures Mount - Tech

Compressed Natural Gas (CNG) has triggered a sharp rise in pump prices, with motorists now paying as much as ₦450 per standard cubic metre.

Price Hike to N380/SCM erodes CNG’s cost advantage over petrol

By, Biola Davies Motorists are lamenting Monday’s increase in the price of Compressed Natural Gas (CNG), which rose from N230 to N380 per Standard Cubic Metre (SCM) at several independent filling stations. YOUNEWS is aware that major filling stations, including NIPCO CNG and Mobil, raised their pump prices from N230 to N380 on Monday. Many ...