The Presidency on Sunday said it was ready to launch critical assets for deployment and launch of the compressed natural gas (CNG) initiative before May 29 when President Bola Tinubu turns one year in office.

The Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, who revealed this in a statement he signed Sunday, said the Federal Government is set to deliver 100 conversion workshops and 60 refuelling sites spread across 18 states before the end of 2024.

He noted that from the end of May, Nigeria will take some baby steps to join such nations that already have large fleets of CNG vehicles.

It added that in all, over 600 buses are targeted for production in the first phase which will be accomplished in 2024, while a new plant on the Lagos-Ibadan Expressway will assemble thousands of tricycles, and about 2,500 of the tricycles will be ready before May 29, 2024.