Convert and Pay Later: FGN Portal for CNG Conversion-Don’t Wait, Apply Now! - Microblog

Convert and Pay Later: FGN Portal for CNG Conversion-Don’t Wait, Apply Now!

Learn how you can convert your vehicle to CNG and cut your fuel costs by up to 80%, all while paying at your own pace. Also, make sure you go through our Frequently asked questions and answers section to gain more knowledge on CNG conversion.

Introduction

CNG Conversion

The Federal Government has launched a new portal enabling users to convert their petrol-powered vehicles to Compressed Natural Gas (CNG) with a convenient pay-later option. Announced by the National Orientation Agency (NOA) through its official X handle, this initiative offers a cost-effective way to make your vehicle more eco-friendly without the upfront financial burden.

Drivers can now take advantage of affordable monthly installments at competitive rates, making it easier than ever to switch to cleaner, more economical fuel.

Why Choose CNG for Your Vehicle?

Compressed Natural Gas (CNG) is a cleaner and more affordable alternative to traditional fuels like petrol and diesel. Here are some of the key benefits of switching to CNG:

  • Environmentally Friendly: CNG emits significantly lower levels of harmful pollutants, helping to reduce your carbon footprint.
  • Cost Savings: CNG is generally cheaper than petrol and diesel, allowing you to save money on fuel expenses.
  • Extended Vehicle Life: CNG combustion is cleaner, which means it can help extend the life of your vehicle’s engine.
  • Reliable Supply: CNG is more widely available and less affected by market fluctuations, ensuring consistent pricing.

Go-CNG: The CNG Conversion Partner

Go-CNG

Go-CNG has a very simple onboarding process to make your transition to CNG smooth and hassle-free. Whether you prefer to start online or offline, their process ensures you’re guided every step of the way.

Start Your Conversation Process

Here’s a step-by-step guide to our easy and efficient CNG conversion process:

Online Registration

  • Visit the online application portal to start your registration.
  • Create an account and provide your vehicle details to initiate the process.

Offline Registration

  • Visit any of Go-CNG locations or partner centers to register in person.
  • Go-CNG representatives will assist you with the registration and vehicle details entry.

Vehicle Verification with Go-CNG Partners

  • Eligibility Check: Your vehicle undergoes a thorough inspection at a certified partner conversion center to ensure it’s suitable for CNG conversion.
  • Confirmation: If your vehicle is eligible, you will receive a confirmation to proceed with the conversion.

Credit Worthiness Validation

  • Credit Check: Complete a quick credit assessment through a secure link to determine your eligibility for our financing plan.
  • Outcome: If the assessment is positive, you’ll proceed to the next step. Otherwise, Go-CNG will discuss alternative payment options to accommodate your needs.

CNG Installation

  • Booking: Schedule your CNG installation and make a 30% down payment.
  • Conversion: Your vehicle is converted to CNG by skilled technicians, with the remaining balance paid in installments over 6 months.

Flexible CNG Financing Plans to Fit Your Budget

Plans to Fit Your Budget

Switching to CNG has never been more accessible with the Go-CNG flexible financial plans. Understanding that managing conversion costs can be a challenge, so there are several options to suit different budgets and preferences.

Buy Now, Pay Later:

  • Initial Payment: 30% down payment.
  • Installments: Pay the remaining amount over 6 months.
  • Benefit: Enjoy immediate savings on fuel while spreading out the conversion cost.

Rent to Own:

  • Low Upfront Cost: Start with a minimal down payment.
  • Monthly Payments: Spread the cost over an agreed period.
  • Ownership: Eventually own the CNG conversion system at the end of the term.

Cost-Saving Scenario

Here’s a practical example of how much you could save by switching to CNG:

  • Current Fuel Costs: If you’re spending ₦150,000 monthly on petrol.
  • New Fuel Costs with CNG: Reduced to ₦35,000 per month.
  • Monthly Savings: You could save ₦115,000 each month.

Example: Buy Now, Pay Later Plan

  • Customer: Alh. Sani chooses the Buy Now, Pay Later plan.
  • Initial Payment: ₦225,000 upfront.
  • Monthly Payments: ₦87,500 over 6 months.
  • Total Savings: Over this period, Alh. Sani saves ₦690,000, which covers the conversion cost.

Example: Rent to Own Plan

  • Customer: Ifeoma opts for the Rent to Own plan.
  • Initial Payment: ₦150,000 down payment.
  • Monthly Payments: ₦100,000 for 6 months.
  • Total Savings: Ifeoma also saves ₦690,000 over 6 months, making the plan equally beneficial.

In both cases, switching to CNG not only significantly reduces monthly fuel costs but also offers substantial overall savings, making it a financially smart choice.

Conclusion

Making the switch to CNG has never been easier or more affordable. With the FGN and Go-CNG partnership, you can start saving money and reducing your environmental impact right away. Register today through the online application portal or visit other partner centers to begin your journey towards sustainable and cost-effective driving.

Frequently Asked Questions (FAQ) About CNG Conversion

FAQs about the CNG

1. Is CNG safe to use in my vehicle?

Yes, CNG is very safe for use in vehicles. It is less flammable than petrol or diesel and disperses quickly into the atmosphere in the event of a leak, reducing the risk of fire.

2. Can any vehicle be converted to run on CNG?

Most vehicles with petrol or diesel engines can be converted to run on CNG. However, a thorough inspection is needed to confirm your vehicle’s compatibility.

3. How does CNG impact my vehicle’s engine?

CNG burns cleaner than petrol or diesel, which reduces carbon buildup and extends the lifespan of your engine. It also results in lower maintenance costs over time.

4. What are the cost savings associated with CNG?

CNG is significantly cheaper than traditional fuels, offering substantial monthly savings on fuel costs. For example, switching to CNG can reduce your fuel expenses by up to 70%.

5. How does the CNG conversion process work?

The conversion process involves installing a CNG kit in your vehicle, allowing it to run on both CNG and petrol. The conversion technicians handle the entire installation, ensuring it meets safety and performance standards.

6. What is the environmental impact of using CNG?

CNG is a cleaner fuel that emits fewer pollutants, including carbon dioxide, nitrogen oxides, and particulate matter. It significantly reduces your vehicle’s carbon footprint, making it an eco-friendly choice.

7. How long does a CNG conversion take?

The CNG conversion process typically takes one to two days, depending on the type of vehicle and the availability of parts.

8. What happens if I run out of CNG while driving?

If you run out of CNG, your vehicle will automatically switch to using petrol, allowing you to continue your journey without interruption.

9. Is CNG refueling infrastructure widely available?

Yes, CNG refueling stations are becoming increasingly common, with new stations being set up regularly to meet growing demand. Availability may vary depending on your location.

10. What financing options are available for CNG conversion?

Go-CNG offers flexible financing options, including Buy Now, Pay Later and Rent to Own plans, allowing you to spread the conversion cost over several months while enjoying immediate savings on fuel.

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