OIL & GAS

FG Solicits Private Sector Collaboration On LPG Use

FG Solicits Private Sector Collaboration On LPG Use

The Federal Government, on Tuesday, solicited the cooperation of private sector investors in deepening the utilisation of Liquefied Petroleum Gas in Nigeria.

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, made the call at a gas conference in Abuja, where he tasked investors and other stakeholders in the industry to address the energy transition gap with a sense of urgency and strategic direction.

Ekpo in a statement issued by his media aide, Louis Ibah, also pledged the commitment of the Federal Government in creating a conducive environment to support investments and innovations in the LPG sector.

“Our focus is on harnessing the potential of LPG in transforming the transportation sector through the wider adoption and use of autogas, creating diverse fuel options for domestic generators, stimulating growth in agriculture and protecting our environment from deforestation,” he stated.

The minister explained that the use of Liquefied Petroleum Gas as a cleaner and more efficient fuel for vehicles was a practical step toward reducing carbon footprint and managing the environmental impact of the country’s transport sector.

“We are also cognisant of the need to explore innovative approaches to LPG utilisation in power generation, providing a reliable and sustainable energy source for millions of Nigerians currently dependent on less eco-friendly fuels,” he stated.

Ekpo noted that in agriculture, LPG could play a transformative role in reducing deforestation associated with traditional biomass use and could provide a cleaner alternative for agro-processing, thereby contributing to food security and rural development.

“Our journey towards this envisioned future is predicated on the successful collaboration between the government and the private sector.

“To this end, we are committed to creating a conducive environment for investment, innovation, and sustainable growth through policy frameworks and initiatives that support the LPG sector’s expansion,” the minister stated.

He assured operators in the LPG sector that the government would continue to support them, stressing that the use of gas would benefit the country more.

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