• 4th Floor, Surveyors’ Building,ASSBIFI Road, Alausa, Ikeja, Lagos.
  • info@bridgecredit.com.ng
  •  02018886100, 02018886111

CNG Engine Conversion Financing


The CNG Engine Conversion Financing is a flexible loan designed for vehicle owners, salary earners, business owners, and professionals in Nigeria who want to convert their vehicles from petrol or diesel-powered to Compressed Natural Gas (CNG) powered.

This non-collateralized short- to medium-term loan helps you cover the cost of conversion to CNG, making the transition affordable and stress-free

The loan tenor ranges from 6 to 12 months, and funds are disbursed directly to the conversion center. The repayments are made through direct debit from your account(s).

Why Convert to CNG ?

Vehicles running on CNG typically spend 70% less on fuel, emit fewer pollutants, and require less maintenance due to cleaner combustion. With growing government support for CNG adoption in Nigeria, now is the perfect time to make the switch and Bridge Credit’s CNG Conversion Loan is designed to make it easy, quick, and affordable.

Product Features

  • Tenor: maximum of 12 months
  • Rate:6% monthly
  • Loan amount: maximum of NGN2,000,000 per obligor, per car.

Documents Required:

  • Completed loan application form
  • One passport photo
  • Valid means of identification
  • Utility bill receipt
  • Six months’ up-to-date bank account statement

How it Works:

  1. Apply online
  2. Go to pre-approved conversion centers for evaluation and quotation
  3. Submit the required documents.
  4. Make an equity contribution of 30%.
  5. Review will be done, once approved, funds will be disbursed directly to the approved CNG conversion center.
  6. Get your CNG kit installed and verified through our certified conversion partners.
  7. Repay easily with flexible monthly repayment options through direct debit.

Who is it for ?

  • Private and public sector employees.
  • Public transport and e-hailing operators switching to CNG.


Loan Calculator

Monthly Payments

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