The Managing Director and Chief Executive Officer of the company, Mr. Nuhu Yakubu, has asked the Federal Government to tap into Liquefied Petroleum Gas (LPG), otherwise known as cooking gas as alternative fuel to avoid wasting funds on petrol and kerosene subsidies.
Speaking recently in Lagos during the flag off of the company’s door-to-door tricycles for LPG home in Nigeria, Yakubu said by adopting LPG, the Federal Government could cut cost of fuel subsidy and use the money for developmental projects.
He described his company’s initiative as a revolution to save many households from kerosene hazards, adding that his company would sustain this feat to ensure safety for the environment.
“We have over 14 LPG stations across the country and by next month we are planning another 15 for Lagos while before December we will add another 13 to the train. One other interesting aspect of this venture is that you can use the LPG through our operation for car fuel in place of petrol PMS. The government can cut cost of fuel subsidy through this laudable move and use the money for other developmental projects,” he said.
“If you look round you will see our mothers, wives, sisters and daughters cooking with kerosene which is not supposed to be. Lagos state government has given us the platform and we'll ride on the back of that to deliver LPG to the doors of our customers. This is a revolution and we are ready to sustain this feat to ensure more safety for our environment. I must ensure that this commodity is available at every home,” he added.
Also speaking, the Commissioner for Energy and Mineral Resources in Lagos State, Mr. Taofeek Tijani, stated that the state government had adopted LPG as fuel of choice in Lagos.
“This gas is available, produced in Abundance in Nigeria. But at the end of the day they are exported to other countries. Even in Ghana the women who sell beans cake by the road side use gas in Ghana. On behalf of our amiable governor, Mr. Babatunde Fashola SAN, we thank Bannergas for this initiative,” he said.
Chairman, of the LPG group of the Lagos Chambers of Commerce and Industry (LCCI), Mr. Bambo Ademiluyi, stated that the bold step taken by Bannergas to deliver LPG to various homes started like a dream.
“This feat started like a dream then and today what has started like impossibility has now turned into possibility. Our objective of 1 million homes in Lagos. We would meet this target. We, base on the enormous support and goodwill of the commissioner for energy in Lagos as well as the support of our governor, we would hit the 500,000-600, 000 metric tonnes consumption by 2015,” he said.