Wale Edun visits JET plant, says CNG buses will slash transportation costs

Finance Minister and coordinating Minister of the Economy, Mr Olawale Edun, has visited the JET Motor Company Assembly Plant in Lagos, where Compressed Natural Gas buses are being assembled under the Presidential CNG Initiative.

“JET also has capacity to convert petrol buses to CNG. After going round the JET plant on Friday, Edun expressed satisfaction about the progress of work at the assembly.” “I have come to see the CNG buses that Nigerians are asking about. I have seen them. I have tested them and driven them. I have seen them being assembled. The benefits will soon be available to Nigerians”, Edun said.“Two critical aims will be achieved. Whereas it costs about N55,000 to fill a 15-20 seater buses with petrol, it will cost between N12-15,000 to fill a CNG bus of the same capacity. This is three times, if not four times less.

Also on hand were the CEO of JET motor company, Engr Derek Ewelukwa and other members of the JET team, such as Sanjay Rupani of the Technical development department and Ebimo Ofongo, the plant manager.

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