The Oyo State Pacesetter Transport Service (PTS) has begun the construction of its first Compressed Natural Gas (CNG) station, a landmark project that underscores Governor Seyi Makinde’s commitment to sustainable energy, lower fuel costs, and improved transport infrastructure.
The project is being developed under a 20-year public-private partnership between PTS and Atlas Core Energy and Logistics Limited. It is scheduled for completion by the end of 2025 and will become operational in January 2026.
Speaking during an inspection tour on Thursday, the Sole Administrator of PTS, Hon. Dr. Dikko Salami, described the initiative as a strategic investment designed to strengthen the agency’s financial independence while opening new revenue streams.
“CNG is far more affordable than conventional fuels. By investing in this station, we are cutting down on operational costs for our fleet and positioning PTS as a frontrunner in the transport sector’s transition to cleaner energy,” Dr. Salami stated.
He explained that the station would address one of the major operational challenges facing PTS — the delays encountered by its buses when refueling in Lagos. The PTS fleet currently operates 30 CNG-powered buses, with plans to expand to 60 before the end of the year.
“Our buses run on strict schedules – 7am, 10am, 1pm, and 4pm. However, refueling in Lagos often causes disruptions, as buses spend hours waiting in queues before returning to Ibadan. With this new facility within our yard, we will eliminate those delays,” he added.
Beyond meeting the needs of its fleet, PTS plans to extend services to the wider public. Dr. Salami revealed that the agency would offer CNG conversion and refueling services to private vehicle owners, corporate organizations, civil servants, and logistics operators.
“There is a growing demand for cost-effective alternatives to petrol and diesel. With this facility, we will not only fuel our fleet but also provide conversion services and reliable gas supply to private sector players across Ibadan,” he noted.
The PTS administrator emphasized that the project represents a milestone in Oyo State’s history, aligning with Governor Makinde’s broader vision of sustainable energy and innovative governance.
“This is more than just a gas station; it is a solution provider. From reducing fuel expenses to creating jobs and attracting investment, the CNG station will contribute to building a resilient and forward-looking transport system for Oyo State,” Dr. Salami said.
He also stressed that safety remains a top priority, with the station being equipped with international-standard technology to guarantee efficient and secure service delivery.
Under his leadership, PTS has already moved toward financial independence, funding staff salaries internally and diversifying revenue streams. He stressed that the partnership with Atlas Core Energy is a major step toward sustaining this progress.
On his part, the Chief Executive Officer of Atlas Core Energy and Logistics Limited, Dr. Emmanuel Owoade, assured that the private sector partner is committed to ensuring the long-term success and sustainability of the project.
Unlike older facilities, the upcoming station will be equipped with the latest technology to deliver efficient and safe services, setting a new standard in the state’s transport sector. It also stands as clear evidence of Oyo State Government’s strong interest in supporting Public-Private Partnerships (PPP) as a vehicle for sustainable development.
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