Nigeria wants to speed up country’s industrialisation with Autogas

The Federal Government has reiterated its readiness to use LPG and CNG to help fast-track the country’s industrialisation agenda. Speaking with the diplomatic community in Abuja, Minister of State Petroleum Resources Timipre Sylva said that gas was the only single energy source that could help Nigeria diversify the economy and the sure way for the country to bridge its energy gap.

“Much has been done towards harnessing this huge potential to provide the energy needed for our growing population in terms of transport, power generation, feedstock for industries and clean cooking solutions,” said Sylva in a statement issued by his Senior Adviser, Media and Communication, Horatius Egua.

He highlighted that in order to reap the benefit of its resources, authorities have deepened on gas utilisation under the National Gas Expansion Programme (NGEP). “We have rolled out the Autogas scheme with the aim of displacing Premium Motor Spirit (PMS) with LPG and CNG. This will reduce PMS use and minimise CO2 emissions,” he commented.

“Energy is the basic resource for national socio-economic development and it must be secured at all times,” Sylva added. “As a result of its rising impact on national security and economy, the need to safeguard energy and ensure availability, reliability and affordability has made energy diplomacy an essential part of every country’s foreign cooperation.”

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26 October 2022