Marketers to Build 10,000 Gas Plants in Local Councils

Gas-Pipeline
  • Marketers to Build 10,000 Gas Plants in Local Councils

The Federal Government is pushing forward a bill via the Department of Petroleum Resources (DPR) to force marketers of petroleum products to build new 10,000 gas filling plants in their stations across the country.

The directive was aimed at deepening the use of LPG in the country, in addition to promoting the issue of clean energy as well creating jobs.

Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, spoke in Abuja during the commissioning of Nigerian Army Welfare Limited by Guarantee, NAWLG/Gasland Nigeria Limited, LPG plant in Mambila Barracks, and the launch of LPG Micro Distribution Centres in Nigeria Army barracks and cantonments.

According to him, the legislation would increase cooking gas selling points across the country by about 10,000, which is about the same number of filling stations in Nigeria.

Kachikwu said the Federal Government, through the Ministry of Petroleum Resources, was already working with stakeholders in the LPG value chain, and had set a target to build at least one gas filling plant across all the 774 local government areas in the country within the next three years.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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