TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

PPMC, LPG marketers seek removal of kerosene subsidy

The Citizen by The Citizen
March 27 2014
in Latest News, Uncategorized
A A
0
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

The Pipelines and Products Marketing Company (PPMC) and Liquefied Petroleum Marketers have called for the total removal of subsidies on kerosene based on the government’s explanation that it was no longer sustainable for government to subsidise the product.

The Managing Director, PPMC, Mr. Haruna Momoh, said in a statement on Wednesday that resources being spent on kerosene subsidy could be put into more productive areas, such as infrastructure development, education, health and agriculture for the welfare of citizens.

He said that billions of revenue could be saved by Nigeria if the populace embraced the LPG (cooking gas), rather than relying on wood and kerosene for cooking.

Momoh lamented that Nigerians consumed 30 per cent or 250,000 tonnes out of the 850,000 tonnes of the LPG reserved for domestic use in 2013.

This, according to him, translates to a meagre consumption figure of 1.8 kilogramme per capita, compared to the West African regional average of 3.5kg.

This position was contained in the paper entitled: ‘Stimulating consumption of LPG in Nigeria’, presented at the inaugural conference of the Nigeria Association of Liquefied Petroleum Gas Marketers.

The PPMC boss said there was an urgent need for action to stimulate LPG use in the country while suggesting that Nigeria could adopt the Indonesian model to popularise the LPG.

He, however, lamented that some problems, including high cost of cylinders and accessory startup kits, low public awareness, poor infrastructure, kerosene subsidy and lack of investment in the value-chain had continued to make many Nigerians unable to embrace the LPG.

Similarly, the Executive Vice-Chair, Techno Oil Limited, Mrs. Nkechi Obi, has called for gradual removal of kerosene subsidy over a period of five years to compel Nigerians to use the LPG.

She made this call while presenting her paper entitled: ‘Enhancing Liquefied Petroleum Gas Growth in the Nigerian Market’.

She lamented that subsidising the consumption of kerosene was increasingly becoming harmful to Nigeria’s economy and asked the government to channel 20 per cent of what was being spent on the subsidy to the LPG market.

“In all sincerity, government subsidising kerosene is not sustainable and it is also not healthy because the world has moved on and Nigeria also has to move,” she said.

Obi said that the savings on the subsidy could be spent on the acquisition of gas cylinders to promote the utilisation of the LPG.

She also urged the government to invite entrepreneurs to invest in the LPG infrastructure the same way fuel depots development was executed, while assuring investors of good returns on investments.

Obi said that Techno Oil had since adopted an advocacy campaign, tagged ‘Going Green’ in a bid to champion the cause for Nigerians to switch from using wood and kerosene to the LPG.

This, she said, had in the past two years distributed 20,000 units of gas stoves at discounted price to boost LPG usage in the country.

With government incentives, she gave an assurance that the company would invest in cylinder manufacturing concern in the country.

The NALPGAM President, Mr. Basil Ogbuanu, said the purpose of the conference was to create awareness among the LPG marketers as well as to take positions on key contending issues in the industry.

This, according to him, includes the issue of cylinder, product supply, pricing, infrastructure, logistic and consumption.

 

Share9Tweet6
Previous Post

MTN slashes data roaming rates for travellers

Next Post

Dangote Cement profit hits N201.9bn

Related Posts

2027: Atiku delays ADC membership card collection amid rumoured Jonathan comeback
Headlines

Atiku condemns Kebbi school attack, laments insecurity

November 17 2025
Gunmen abduct 25 girls from Kebbi boarding school, kill vice principal
Headlines

Gunmen abduct 25 girls from Kebbi boarding school, kill vice principal

November 17 2025
Trump slaps Nigeria with 15% trade tariff
Headlines

Alleged Christian genocide: US Congress begins full-scale probe into Nigeria’s killings

November 17 2025
DR Congo ends Nigeria’s 2026 World Cup dream
Latest News

DR Congo ends Nigeria’s 2026 World Cup dream

November 17 2025
Lieutenant Yerima escapes assassination attempt in Abuja
Headlines

Lieutenant Yerima escapes assassination attempt in Abuja

November 17 2025
FG cancels mother tongue policy, declares English sole medium of instruction
Headlines

FG cancels mother tongue policy, declares English sole medium of instruction

November 12 2025
Next Post

Dangote Cement profit hits N201.9bn

Fidelity Bank SME Forum unveils key to business success

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

South East traditional rulers outlaw use of Eze Ndigbo title outside region

South East traditional rulers outlaw use of Eze Ndigbo title outside region

by The Editor
November 11 2025
0

...

MOWAA cancels preview event as thugs storm new art museum

MOWAA cancels preview event as thugs storm new art museum

by The Editor
November 10 2025
0

...

Benue APC to receive over 80,000 defecting opposition members  — State Chairman

APC sweeps chairmanship seats in Niger LG poll

by The Editor
November 4 2025
0

...

Imo: Oguta community abolishes Ohu outcaste system

Imo: Oguta community abolishes Ohu outcaste system

by The Editor
November 4 2025
0

...

APPOINTMENTS

Tinubu appoints 8 new perm secs

Tinubu appoints Nwabueze as tax ombudsman

by The Editor
November 5 2025
0

...

Tinubu seeks Senate confirmation of Enugu Attorney-General as minister

Tinubu seeks Senate confirmation of Enugu Attorney-General as minister

by The Editor
November 4 2025
0

...

INEC Chairman appoints ex-PUNCH editor, Oketola, as Chief Press Secretary

INEC Chairman appoints ex-PUNCH editor, Oketola, as Chief Press Secretary

by The Editor
October 27 2025
0

...

Katsina governor reshuffles state cabinet

Katsina governor reshuffles state cabinet

by The Editor
October 25 2025
0

...

ODDITIES

Teenager plucks sister’s eyes for ritual in Bauchi

Man in custody for stealing school desks in Bauchi

by The Editor
November 12 2025
0

Oyo teacher beaten to death by students over gambling

Oyo teacher beaten to death by students over gambling

by The Editor
November 10 2025
0

Kidnappers collect N2.8m ransom, free Abuja woman, two daughters

Woman fakes abduction, demands ₦5m ransom from husband in Edo

by The Editor
November 4 2025
0

GLOBAL NEWS

Nigeria teams up with US, UK to investigate cocaine haul

Nigeria teams up with US, UK to investigate cocaine haul

by The Editor
November 11 2025
0

...

20 die in Turkish military plane crash in Georgia

20 die in Turkish military plane crash in Georgia

by The Editor
November 11 2025
0

...

U.S Embassy announces new visa fees, blames Nigerian govt

Trump orders tougher visa screening regime

by The Editor
November 10 2025
0

...

US to end Temporary Protected Status for South Sudanese nationals

US to end Temporary Protected Status for South Sudanese nationals

by The Editor
November 7 2025
0

...

Nigeria continues denial of state-backed religious persecution

Nigeria continues denial of state-backed religious persecution

by The Editor
November 4 2025
0

...

State of the States

Gov. Adeleke presents N705.7bn 2026 budget before Osun Assembly

Gov. Adeleke presents N705.7bn 2026 budget before Osun Assembly

by The Editor
November 12 2025
0

...

Plateau governor presents N914bn budget to Assembly

Plateau governor presents N914bn budget to Assembly

by The Editor
November 12 2025
0

...

Gov. Mbah bags AFRIFF Excellence Award, vows to restore Enugu’s position as creative hub

Gov. Mbah bags AFRIFF Excellence Award, vows to restore Enugu’s position as creative hub

by The Editor
November 11 2025
0

...

Soludo pledges to work harder in second term

Soludo pledges to work harder in second term

by The Editor
November 11 2025
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
2027: Atiku delays ADC membership card collection amid rumoured Jonathan comeback

Atiku condemns Kebbi school attack, laments insecurity

November 17 2025
Gunmen abduct 25 girls from Kebbi boarding school, kill vice principal

Gunmen abduct 25 girls from Kebbi boarding school, kill vice principal

November 17 2025
Insecurity: My negotiation with bandits was with approval, says Gumi

Insecurity: My negotiation with bandits was with approval, says Gumi

November 17 2025
Tinubu approves licences for 11 private universities

Tinubu, name ambassadors now! – Punch

November 17 2025

EDITORIAL REVIEW

Tinubu approves licences for 11 private universities

Tinubu, name ambassadors now! – Punch

by The Editor
November 17 2025
0

Sustaining food price drop – Punch

Sustaining food price drop – Punch

by The Editor
November 12 2025
0

Amnesty Int’l damning report on South-East killings – The Sun

The additional state for South East – The Sun

by The Editor
November 11 2025
0

Gov. Bago directs Niger state residents to defend selves against terror attacks

Niger State: Self-protection with what? – Punch

by The Editor
November 11 2025
0

FIFA project exposes infrastructure deficit – Punch

FIFA project exposes infrastructure deficit – Punch

by The Editor
November 10 2025
0

Opinion

Dear Senator Tinubu, Buhari has thrashed us all!

If a coup happens in Nigeria, who will fight for democracy?

by The Editor
October 23 2025
0

...

Tinubu finds his own demons

Next time, Umahi should go to NTA

by The Editor
October 16 2025
0

...

Objections over presidential pardon for grave offenders

Objections over presidential pardon for grave offenders

by The Editor
October 13 2025
0

...

1975 public service purge: What have we learnt?

1975 public service purge: What have we learnt?

by The Editor
September 30 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2024 TheCitizen Ng. All Rights Reserved.