He performed the ceremony shortly after a meeting of the Federal Executive Council (FEC) at the Presidential Villa, Abuja.
The buses numbering 20 in the first batch was produced locally by Innoson Motors.
The government said it was optimistic that the buses will help to ease transportation problems, especially at the Federal Capital Territory, Abuja.
Five of the CNG buses were driven to the forecourt of the Presidential Villa, where the President took a break from the Federal Executive Council, (FEC), meeting to commission them.