Cooking gas consumption in Nigeria rises by 60.5% — PPPRA
The Petroleum Products Pricing Regulatory Agency, PPPRA, said over one million metric tonnes (mt) of Liquefied Petroleum Gas was consumed in 2020.
In a statement obtained by The Daily, http://www.thedaily-ng.
He said: “This steady and sustained pattern of growth culminating in the over one million metric tonnes of LPG domestic consumption milestone in 2020 has placed the country first in West Africa and one of the leading LPG consuming nations on the continent.
“The country is on track to meet the 5million MT by 2022 target, set in the Nigeria Gas Policy (NGP) of 2017, which translates to an average of 1million MT/year, provided we collectively sustain and ramp up intervention efforts and initiatives of the government and all stakeholders.
“The Federal Government’s resolve to deepen LPG penetration in the country seeks to create a healthier life for all Nigerians by providing access to a cleaner source of energy for cooking, vehicular transportation, and other domestic uses.
“The attainment of the one million MT domestic utilization milestone is a testimony to the progress made so far in ensuring the provision of alternative sources of fuelling to Nigerians in place of the traditional PMS, AGO, and DPK and altering the nation’s energy mix in favor of locally-available options.”
Continuing, he stated: “The remarkable growth in the domestic LPG market remains largely driven by the impact of the Federal Government’s policies and programs, coupled with the efforts of relevant stakeholders and regulatory bodies in the industry, all of which have led to the entrance of new players (investors) in the sector due to the creation of an enabling environment”.
