close
Sunday, June 2, 2024

Gas retailers urge FG to encourage investors to boost utilisation

The Liquefied Petroleum Gas Retailers (LPGAR) says to boost liquefied petroleum gas utilisation, the government needs to encourage investors by giving all necessary incentives that can lower its price

• June 2, 2024
Gas cylinders
Gas cylinders used to Illustrate the story

The Liquefied Petroleum Gas Retailers (LPGAR) says to boost liquefied petroleum gas utilisation, the government needs to encourage investors by giving all necessary incentives that can lower its price.

The branch national chairman of LPGAR, Ayobami Olarinoye, made the remark in an interview with journalists in Lagos on Sunday against the backdrop of increase in price of cooking gas.

Mr Olarinoye said Nigeria LNG Ltd. (NLNG) should be further encouraged to sell a substantial percentage of its production to the local market.

He said the gas price should not necessarily be based on an international template.

Mr Olarinoye said this remained the only way the price of liquefied petroleum gas could be affordable, which would consequently encourage rural dwellers to switch to gas.

“I understand that the government has commenced distribution of free cylinders to citizens in Abuja as part of the programme to boost LPG utilisation and mark President Bola Tinubu’s one-year anniversary.

“While I like to commend the initiative, it may not go a long way if the price of LPG (cost of buying gas) on the streets remains high. As LPG retailers with many years of practice, we are the last link to the end users.

“Price is a major determinant for boosting LPG utilisation, and if it is not addressed, the citizens will collect the cylinders, use it for some time and abandon it if they cannot afford the cost of refilling them with liquid,” Mr Olarinoye said.

The LPGAR chairman also said that as the government was promoting cooking gas utilisation, there was a need to also advocate continuous safety campaigns in LPG handling.

“All government agencies, parastatals, federal and states that have business and interest in safety should collaborate with LPGAR for safety campaigns to reduce the incidence of a gas explosion,” he said.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

NLC protest

Education

Labour Strike: Private school proprietors call for dialogue with FG

“A strike action will disrupt the education sector, affecting both students and teachers. “

Mojisola Adeyeye

Health

NAFDAC warns against using ‘sniper’, other hazardous chemicals for food preservation

She acknowledged the challenges faced by farmers due to bans on various chemicals.

Minister of State for Youth Development, Ayodele Olawande

Education

Student loan will curb undergraduate dropouts, says minister

According to him, the loan is for students in public tertiary and technical institutions.

NCPC

NationWide

Unity crucial to Nigeria’s growth, says NCPC chairman

Mr Goran referred to John 17: 20-21, where Jesus emphasised unity and encouraged Christian leaders to preach a similar message to the faithful.

NDLEA

States

Over N2.1 billion worth of codeine syrup, loud consignments intercepted in Lagos, Rivers: NDLEA

The NDLEA operatives seized the consignments at Onne port, Rivers, and the Murtala Muhammed International Airport (MMIA), Ikeja.

Mining marshals

NationWide

FG to increase mining marshals in each state to sanitise sector

The Mining Marshal Corps, inaugurated on March 21, was drawn from the Nigeria Security and Civil Defence Corps (NSCDC) to combat illegal mining.