The Minister of Information and National Orientation, Mohammed Idris, has announced that the Presidential Initiative to deploy Compressed Natural Gas (CNG) mass transit buses is anticipated to lead to a reduction of over 50% in transport costs.
Idris, in a statement to the press on Sunday, urged Nigerians to see the initiative as a relief introduced by Tinubu’s administration to alleviate the economic challenges stemming from subsidy removal.
He also revealed that there is a concerted effort among the relevant Ministries and Agencies of the Federal Government to tackle inflation, stabilize foreign exchange rates, and establish a genuinely supportive climate for business and investment.
