• News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Lagos Launches N150bn CNG Trucks Scheme to Modernize Logistics, Boost Road Safety

Olusola Blessing by Olusola Blessing
December 11, 2025
in Business, News
0
Lagos Launches N150bn CNG Trucks Scheme to Modernize Logistics, Boost  Road Safety
Share

The Lagos State Government has unveiled a N150 billion Compressed Natural Gas Trucks Scheme, a public-private partnership aimed at helping truck operators acquire new, safer, and environmentally friendly vehicles. Announced during a stakeholders’ engagement with maritime and logistics practitioners, the initiative seeks to address the longstanding challenge of aging and unsafe trucks dominating the state’s major logistics corridors.

 

Represented by his Special Adviser on Transportation, the governor highlighted that many trucks on Lagos roads have exceeded their operational lifespan, with compromised braking systems, weakened frames, damaged tyres, and faulty lighting, posing risks to operators, road users, and goods. The state has already clamped down on rickety vehicles as part of broader efforts to reduce crashes and improve safety.

 

The scheme will be implemented in collaboration with financial institutions, including the United Bank for Africa, which will release the N150 billion in three tranches. Truck operators will have access to affordable, structured financing, enabling them to replace obsolete vehicles with brand-new CNG-powered trucks. The program is expected to modernize fleets, reduce highway breakdowns, improve turnaround times, and ensure compliance with international haulage standards.

 

The Commissioner for Transport announced that 2,000 CNG trucks will be made available under the initiative, reinforcing Lagos’ commitment to sustainability and environmental responsibility. The state is also expanding digital infrastructure for logistics management along key corridors, including Lekki, to improve transparency, reduce operational costs, and enhance the efficiency of goods movement.

 

Officials stressed that the success of the logistics sector depends on strong partnerships among government agencies, unions, operators, and development partners. Complementary programs such as free eye screening for drivers, substance abuse awareness, and drug testing initiatives will further enhance safety and operator welfare.

 

The CNG Trucks Scheme represents a significant step toward building a cleaner, safer, and more efficient logistics ecosystem in Lagos, aligning with the state’s broader goals of environmental sustainability and global competitiveness in freight transport.

Post Views: 6
Share

Related Posts:

  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2025 Guide to the Top Business Enabling…
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • AFRICA MARITIME SECTOR: TAKING ON THE NEW DIGITAL SHIPPING DECADE
    African Maritime Sector: Taking on the New Digital…
  • Lagos Partners NARTO to Deploy 2,000 CNG Trucks in Major Push for Cheaper Logistics Operations
    Lagos Residents to Get Free Vehicle Conversion to…
  • Top 15 Social Media Marketing Tools for Nigerian Entrepreneurs
    15 Social Media Management Tools That Will Make Life…
Tags: CNG Truck SchemeSMEsUnited Bank for Africa
Previous Post

ECOWAS Moves to Scrap Air Ticket Taxes by 2026 to Cut Fares, Boost Regional Travel

Next Post

NLNG Warns High Gas Prices are Forcing Developing Nations Back to Coal, Risking Decarbonization Goals

Next Post
NLNG Warns High Gas Prices are Forcing Developing Nations Back to Coal, Risking Decarbonization  Goals

NLNG Warns High Gas Prices are Forcing Developing Nations Back to Coal, Risking Decarbonization Goals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • NLNG Warns High Gas Prices are Forcing Developing Nations Back to Coal, Risking Decarbonization Goals
  • Lagos Launches N150bn CNG Trucks Scheme to Modernize Logistics, Boost Road Safety
  • ECOWAS Moves to Scrap Air Ticket Taxes by 2026 to Cut Fares, Boost Regional Travel
  • Nigeria Launches Polytechnic Foundation to Strengthen Technical Skills, Innovation and industry-Ready Training
  • Afreximbank Pushes Africa to Scale Factory to €240bn to Unlock SME Growth

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Financial Services
  • Opportunities
  • About Us

© 2023 MSME Africa - All rights reserved.