# Why FG diverted ₦100bn CNG bus fund to vehicle conversions, tricycles — Official

> The Federal Government has changed its original plan to spend the ₦100bn allocation announced by President Bola Tinubu on 3,000 compressed natural gas buses, redirecting the intervention towards vehicle conversions, tricycles and higher-capacity buses, an official has said.

- Published: 2026-10-12T10:32:54.989Z
- Updated: 2026-10-13T07:33:13.792Z
- 1 source
- Topics: Economy, business and finance, Science and technology
- Involves: 2.5, Bola Tinubu, Dangote Petroleum Refinery, FCT, Federal government, Mohammed Idris, NNPC, NNPC decision to forgo part of its profit to cushion the increase’s effects, NNPCL, Nigeria, Nigerian Consumer Credit Corporation, Nyesom Wike

## How it developed

- 2026-10-12T10:32:54.989Z - Punch: [Why FG diverted ₦100bn CNG bus fund to vehicle conversions, tricycles — Official](https://punchng.com/why-fg-diverted-%e2%82%a6100bn-cng-bus-fund-to-vehicle-conversions-tricycles-official/)
- 2026-10-12T19:02:41.431Z - Punch: [Tinubu won’t abandon Nigerians amid fuel price hike — FG](https://punchng.com/tinubu-wont-abandon-nigerians-amid-fuel-price-hike-fg/)
- 2026-10-13T07:33:13.792Z - Punch: [Morning recap: US military aid cut threat, Dangote IPO surge, other top stories](https://punchng.com/morning-recap-us-military-aid-cut-threat-dangote-ipo-surge-other-top-stories/)

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