NewsExpress banner First Bank Fashion Souk Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

Nigerians need 3m cooking gas cylinders annually — NCDMB boss

By News Express on 03/04/2017

Gmail icon

Views: 1,877

•Cooking gas cylinders.
•Cooking gas cylinders.

The Nigerian Content Development and Monitoring Board (NCDMB) says that Nigerians need no less than three million Liquefied Petroleum Gas (LPG), also known as cooking gas cylinders, annually.

Mr Simbi Wabate, the Executive Secretary of the Board, disclosed this to the News Agency of Nigeria (NAN) in Lagos on Sunday.

According to him, the only LPG cylinder manufacturing company in the country located at Isheri in Ogun, has capacity to produce about 400,000 cooking gas cylinders yearly.

He said this was far below what Nigerian homes required annually.

He said that this had encouraged the in-flow of substandard and expired LPG cylinders into the country.

Wabate said that in order to stop this, the board had conceived what he called “the local manufacture of liquefied gas cylinders’ initiative.”

He said this would create employment opportunities, stop importation of LPG cylinders and jump-start a new cylinder-producing industry.

According to him, the initiative is connected to the Federal Government’s domestic gas utilisation programme aimed at encouraging the use of cooking gas by every home in the country.

He said that studies had shown that for domestic gas utilisation programme to pull through; there was the need to address the availability, affordability and acceptability of LPG and its cylinders by all stakeholders.

Wabate said the initiative would make cylinders affordable and create a new industry in the LPG value chain with respect to local manufacturing.

The executive secretary said it would also enhance the use of cleaner fuel supply, thereby, reducing environmental pollution in the country.

It would also reduce the utilisation of firewood which would discourage deforestation, he said.

Wabate said that the board would develop a funding- model to support would-be investors.

He said this had led the board to go into partnership with the Bank of Industry (BoI).

NAN reports that NCDMB was created to realise Federal Government’s aspiration of increasing indigenous participation in the oil and gas industry, build local capacity, and create linkages with other sectors of the national economy. (NAN)

Source News Express

Posted 03/04/2017 12:34:28 AM

 

 

CLASSIFIED ADS

 

You may also like...
National Human Rights Commission writes UNAAB over whistleblowers...

Army HQ over-rules GOC, Abia Governor, insists on...

Imo workers dare Okorocha, report for work in...

Organisers crown wrong woman during beauty contest, blame...

Africa in Space: Fela Bright and the rest...

Troops rescue 6-year-old, kill 3 Boko Haram

Race for UNIZIK VC narrows down to 2...

Dogara woos Swedish investors

BREAKING NEWS: IPOB shuts down Onitsha as Biafra...

Highway sweeper knocked to death in Lagos

FG introduces new yellow card for travellers

AFCON: Underdogs Madagascar plot Eagles fall

 

Latest News I may die in DSS custody - Sowore CONFIRMED: Nnamdi Kanu’s father is dead Angry Nigerians attack Rotimi Amaechi in Spain Sowore: SERAP condemns re-arrest, invasion of Justice Ojukwu’s court Governor arrested over corruption allegations EEDC urges customers to embrace Distribution Transformer Metering and MAP scheme Electrocution of inmates: FG suspends seven officers, personnel of Correctional Service Robbers device new method of attacking bank customers Many feared trapped as multi-storey building collapses Sowore’s rearrest: ‘This has never happened before’, Falana slams DSS Imo community to abolish ' Osu ' caste system December 27 Sex scandal: Ekiti varsity sacks randy lecturer, others

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (569,309 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (455,444 views) Shameless Genevieve Nnaji exposes breasts in public (405,259 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (340,021 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (306,780 views) 10 cars more expensive than Jets (290,480 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (260,713 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (259,518 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (240,971 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (227,497 views) Lagos plane crash: Journalist releases victims’ names (203,367 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (199,841 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (111) Business & Economy (4,613) Business Verdict (89) Columnists (1,155) Complaints & Requests (97) Enterprise & Opportunities (220) Entertainment (715) Features (852) Global Business Monitor (497) ICT Monitor (72) International (4,300) Interview (216) Live Commentary (30) Love Matters (177) Maggie's Blog (510) News (54,902) Opinion (1,435) Pidgin (18) Politics (11,851) Religion (1,130) Sports (2,244) Stock Watch (40) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera