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LPG initiative can generate N1.92trn for Nigeria – FG

This was disclosed by the Minister of National Planning, Abubakar Sulaiman, in Abuja, at the inauguration of the Inter-Ministerial Committee on Kerosene to Gas Initiative…

This was disclosed by the Minister of National Planning, Abubakar Sulaiman, in Abuja, at the inauguration of the Inter-Ministerial Committee on Kerosene to Gas Initiative in Nigeria using the Indonesian model.
The minister was represented at the inauguration by the Acting Secretary to the Commission, Bassey Akpanyung.
The inter-ministerial committee is expected to discuss the possibility of replicating the Indonesian model of kerosene to LP Gas in Nigeria.
The minister explained that the adoption of the Indonesian model of kerosene to LP Gas initiative in Nigeria will greatly promote the wide usage of LPG over kerosene, thereby boosting economic activities.
“Without doubt, a vibrant LPG market in Nigeria will create a ripple effect that will translate into employment generation for the people, revenue generation for government, more demands for cylinders at all levels in the market, more business for SMEs, environment benefits as well as carbon credit earnings,” he said.
The minister added that Nigeria has a proven reserve of 180tcf of natural gas and ranked 8th among countries with the largest proven natural gas deposits in the world, producing an average of 3.2 million metric tonnes of LP gas annually.
He lamented that despite the availability of LP gas over other domestic fuel such as kerosene, firewood, sawdust, charcoal and electricity, 90 percent of Nigeria’s households use firewood and kerosene as cooking fuel, pointing out that only about 5 percent of the population use gas.

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