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Cooking Gas: Techno Oil Targets Low Income Earners.

12 Feb 2013

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Techno Oil Limited, an oil marketing and trading company, has introduced innovative gas stoves, manufactured by the company to make Liquefied Petroleum Gas (LPG), otherwise called cooking gas, affordable to the low-income group.

Addressing journalists at a pre-launch conference in Lagos recently, the Managing Director of the company, Mr. Tony Onyeama, stated that the initiative was to drive the “Going Green Revolution,’’ initiated by the company to promote cleaner environment in the country.

He stated that the project was also part of the company’s efforts to align with the government’s desire to reduce dependency on fossil fuel.

Onyeama said the new TechnoGas stoves, which would be launched later this month in Oyingbo market in Lagos would be targeted at the low income group that relies on kerosene because of the erroneous impression that LPG is more expensive.

“We identify and align with the policy drive of the Lagos State Government to increase the use of cooking gas among a significant proportion of the populace within the next four years,” he said.

On safety concerns that are raised frequently by potential users of cooking gas, Onyeama stated that the product was designed and fabricated with distinguishing qualities such as safety, affordability, portability and environmental friendliness.

‘‘Techno Oil has distributed well over 20,000 units of 3kg, 5kg, 6kg and 12.5kg gas cylinders to Nigerian households at discounted and affordable prices. This project has received commendations from consumers and operators in the petroleum industry,” he added.
He noted that the company was determined to champion the paradigm shift from kerosene to cooking gas, adding that Techno Oil had actively promoted, and had been in the forefront of attitudinal change from fuels to cleaner energy such as gas.

According to him, the company has invested huge amount of money to provide gas cylinders and accessories for the gas stoves.

He stated that Techno Oil had entered into an agreement with an Asian company for the manufacture of the gas stoves, adding that the project is at its advance stage.

Also speaking on the new gas initiative, the Executive Vice Chairman of Techno Oil, Mrs. Nkechi Obi, noted that there was great dependency on kerosene by both the middle and low-income groups in Nigeria, despite the huge amount of money being spent to subsidise the product to Nigerians.

She decried the low consumption level of cooking gas by Nigerians, saying that usage of cooking gas in Nigeria stands at 0.5kg per capita, compared to 3kg per capita in Ghana, 1.9kg in Cameroon, 5.5kg in South Africa and 44.4kg in Morocco.

The executive vice chairman pointed out that using firewood for cooking poses potential risk of chronic allergies, conjunctivitis and lung cancer.

Tags: Business, Nigeria, Featured, Cooking Gas, Techno Oil, Low Income Earners.

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