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Eko Gas: Lagos State Will Subsidise Cylinders To Ensure People Switch From Firewood To Cooking Gas

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 6, 2013
in Uncategorized
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The Lagos State Government in partnership with some private sector firms, including Oando and Banner Gas will unveil a programme aimed at deepening the consumption of liquefied petroleum gas (LPG) also called cooking gas. The programme is tagged ‘Eko Gas.’

The Commissioner for Energy and Mineral Resources, Taofeeq Ajibade Tijani, told reporters at a briefing on the project in his Lagos office that the programme is expected to enable about one million people who use firewood and kerosene to switch over to LPG in the next five years.

Tijani said Governor Fashola has approved incentives to prospective investors that would build the storage and refilling facilities to create easy accessibility of the product to consumers.

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He also said about 20 per cent of the cost of cylinder would be eased by the government, in order to encourage Lagos residents use LPG.

Lagos partners private sector on LPG consumption

Tags: News ReviewOIl and Gas Newssubsidy
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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