FG proposes technology devt, others as key to unlock LPG market
THE Federal Government has pointed to massive investment in technology for development of the Liquefied Petroleum Gas, LPG, market in Nigeria. Putting current utilization level in Nigeria at nine percent, it says LPG, otherwise known as cooking gas, can make serious inroad in the society with adequate technology investments through the value chain. It also canvassed for investment in support services to discourage the flooded illegal activities in the retail segment of the LPG market. While speaking on the way forward to unlock the potentials in the LPG market at the 7th Annual LPG Conference and Exhibition, held in Lagos, the Programme Manager, National LPG Expansion Implementation Plan (Office of the Vice-President), Dayo Adeshina, stated that the sector was in need of potential development in technology to unlock the gas sector of the country’s economy. He stated: “Another development needed to unlock the LPG potentials is technology which is going to play a big part in the sector ...
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