The Nigerian Liquefied Petroleum Gas Association (LPGA), it was, who first hit the nail on the head about sub-standard gas cylinders in Nigeria. The multi-million dollars local gas cylinder manufacturing sub-sector in Nigeria is hitting the rocks, President of the highest body of stakeholders in the cooking gas sub-sector, Nuhu Yakubu, stated in a chat with New Telegraph.
This, he said with passion, is not only a big treat to the geometric growth recorded in the Liquefied Petroleum Gas (LPG) also known as cooking gas sector in the past 10 years, it had also fuelled the availability of sub-standard cylinders in circulation across the country.
The difficulty buoyed by Federal Government’s inaction to end over N1 trillion average annual investments on fuel subsidy has, according to Yakubu’s NLPGA, created a shortfall of 49 million cylinders in the system. Confirming the “dangerous trend” to this newspaper on the sideline of a press conference, he registered the displeasure of stakeholders in cooking gas sector with fuel subsidy.
“Many local cylinder manufacturers have closed shops regrettably due to the way government is handling the energy mix,” he said at the press conference to herald the group’s 8th annual conference themed; “LPG diversification: Expanding the LPG frontiers in Africa.” Read more