The Federal Government has said it did not increase the price of Compressed Natural Gas.
It explained that the recent hikes were introduced by private investors.
The Presidential Compressed Natural Gas Initiative’s Brands and Corporate Communications Manager, Matilda Johnson, made this known in a press statement.
The Initiative described the reports which attributed the upward review of prices on the PCNGI as misleading.
According to the statement, while pricing matters fall under the purview of the appropriate regulatory agencies, no directive or policy has been issued by the Federal Government to alter CNG pump prices.
