Atlas Core Energy & Logistics has entered into a long-term public private partnership (PPP) with the Oyo State Government, positioning compressed natural gas (CNG) infrastructure as a central pillar of the state’s sustainable transport agenda. The 20 year Memorandum of Understanding (MoU) reflects a growing sub-national commitment to climate-smart mobility solutions that balance affordability, environmental responsibility, and operational efficiency.
Under the agreement with the Oyo State Pacesetter Transport Service (PTS), Atlas Core will design, deliver, and operate a modern CNG refuelling facility in Ibadan, while also supporting the expansion and conversion of public transport fleets to CNG. With PTS already operating approximately 50 CNG-powered buses and plans underway for fleet expansion, the partnership provides the infrastructure backbone required to scale cleaner public transportation across the state.
Strategically, the initiative aligns with the Federal Government’s Presidential Initiative on CNG (Pi-CNG) and Nigeria’s broader energy transition framework, including the national target of achieving net zero greenhouse gas emissions by 2060.
By reducing dependence on conventional combustion fuels, the project is expected to lower carbon emissions, stabilise fuel costs, and reduce per-kilometre operating expenses for public transport operators benefits that directly translate into more affordable commuting for residents.
Speaking on the partnership, Atlas Core’s Chief Executive Officer, Dr. Owoade Emmanuel, described the project as a practical demonstration of how private sector investment can accelerate climate action while delivering social and economic value. He noted that the company’s infrastructure-first approach is designed to make cleaner transport accessible at scale, support logistics efficiency, and reinforce Nigeria’s energy transition objectives.
From the state government’s perspective, the partnership underscores Oyo State’s policy direction toward sustainability and fiscal efficiency. Representing Governor Seyi Makinde, the Chairman and Sole Administrator of Pacesetter Transport Service, Dikko Salami, highlighted that the deployment of CNG buses and refuelling infrastructure goes beyond asset acquisition. Instead, it represents a long-term investment in resilient urban mobility, reduced emissions, and improved quality of life for commuters.
The recent commissioning of modern CNG infrastructure in the state further illustrates increasing acceptance of gas-powered transport as a viable alternative at the sub-national level. Atlas Core’s intervention reinforces this momentum by embedding sustainability into public transport operations through a commercially viable, long-term PPP model.
Overall, the Atlas Core Oyo State partnership demonstrates how corporate sustainability strategies can intersect with public policy to deliver measurable environmental impact, economic efficiency, and inclusive mobility setting a replicable benchmark for other states pursuing cleaner transport solutions across Nigeria.

