Nigeria, June 30 -- The Federal Executive Council (FEC) on Monday approved a N215 billion investment to expand Nigeria's Compressed Natural Gas (CNG) transport programme as part of measures to reduce transportation costs and cushion the impact of current economic challenges on Nigerians.

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this while speaking to State House correspondents after the FEC meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja.

Mr Oyedele said the approval covers the procurement of 200 CNG-powered buses, building on investments already initiated under the administration's clean energy transport programme.

According to him, some of the investmen...