In order to satisfy liquefied gas consumers, bring their product closer to the users and sustain its development in the country, 11 Plc has launched its Liquefied Petroleum Gas product in Nigeria.
Speaking at the event in Lagos, the representative of the Nigeria National Petroleum Corporation, Mr. Henry Obih lauded the idea of Double One’s decision to bring LPG to the country, noting that the consumption usage of LPG in the country is almost 600,000 metric tonnes, compared to what it was in 2007 and 2019 which were 50,000 and 70,000 metric tonnes respectively.
He noted that NNPC has a presidential mandate to grow the use of LPG in Nigeria, and part of the objective as an institution arm and agency of government is to work with other players within the sector, to encourage them to invest in LPG which will also support business growth initiatives.
Also speaking at the event, the Managing Director, Double One Plc, Mr. Tunji Oyebanji said the company’s entry into the LPG business in Nigeria was in consonance with the directory of government towards moving the country into the usage of LPG which the company wishes to align with.
Source:Â This Day
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