Nigeria's leading finance and market intelligence news report.

Pakistan, Egypt, others offer lessons on switching to gas vehicles

To switch from petrol to gas-powered vehicles, some countries provided soft loans to finance conversion, waived import duties on machinery, and communicated the benefits clearly, a model Nigeria seeking to end bruising petrol subsidy can follow. Globally, there are over 28.5 million vehicles running on some form of natural gas, according to a Natural Gas…

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