Connect with us

Other News

Expensive Gas Cylinders Forcing Patronage of Firewood — Eterna

Published

on

 

The high cost of liquefied petroleum gas cylinders and little access to affordable financing for end-users have been identified as the major reasons for the widespread use of firewood in Nigeria.

The Managing Director of Eterna Plc, Olumide Adeosun, shared the view at the just-concluded NAEC summit in Lagos, noting that Nigeria’s clean cooking targets may remain out of reach unless urgent steps were taken to address these.

According to Adeosun, though compressed natural gas is gaining increased government attention, LPG consumption has stagnated despite its critical role in achieving health and environmental goals.

The high cost of gas bottles, he said, discouraged women in rural areas from adopting clean cooking, forcing them to depend on firewood for cooking.

He said, “If we look at CNG and LPG, CNG is getting a lot of attention today. I think we can all agree that it is the future of heavy goods transportation in Nigeria. But the space I would like to speak to is around LPG. Five years ago, Nigeria was going to be a five-million-tonne-per-annum country in terms of consumption by 2025, but the numbers have actually gone down.”

In Adeosun’s views the problem is not due to low production but the inability to deliver gas to households because of limited funding for grassroots access.

“It’s not because we’re not producing enough. It’s because we’re not getting gas down the last mile where it needs to be used. People need bottles to cook. You cannot cook off a plant or a skid. You cook off a 3 kg or 12.5 kg cylinder, and we need to figure out a finance pathway for end-users to be able to afford the bottles,” he noted.

Adeosun commended Techno Oil for setting up a 500,000-bottle-per-annum plant but stressed that more targeted investment is required to make gas accessible at the domestic level.

“We know the money is there. We need to be in a position where, as a country and as an industry, we create a bankable business case and figure out how to fund it. If those bottles don’t exist, then we’re really not going to be able to do much,” he said.

The Eterna chief said the company is focusing on meeting customers at their point of need, particularly at the retail level, to ensure reliable restocking and support for new users.

ALSO READ: Okpebholo Orders Edo Schools to Teach Indigenous Languages

“We will channel some of our efforts into looking for innovative ways to deliver LPG access and make it bankable at the domestic level. People are highly mobile. You loan someone a bottle today on the pay-as-you-go scheme, and they disappear tomorrow. You’ve lost your investment, so nobody really wants to undertake that challenge. But until we crack it, we won’t see that forward adoption growth,” he added.

He noted that while more gas projects and bottle manufacturing initiatives are coming on stream from companies like Seplat and Rungas, the real challenge lies in creating effective funding structures for distribution channels.

Adeosun also urged government intervention to support gas adoption through the supply of starter kits, including gas cylinders, stoves and cookers, especially for low-income and rural households.

He further called for policies mandating gas reticulation infrastructure in new and existing residential estates to stimulate structured demand for LPG and CNG.

Without developing last-mile demand centres and distribution networks, Adeosun warned, the key objectives of the ongoing gas penetration campaign might not be achieved in time.

14 Comments
0 0 votes
Article Rating
Subscribe
Notify of
14 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Ricky3099
Ricky3099
6 months ago
Franklin Evans
6 months ago

Wow amazing blog layout How long have you been blogging for you made blogging look easy The overall look of your web site is magnificent as well as the content

tlovertonet
5 months ago

Hmm is anyone else having problems with the images on this blog loading? I’m trying to determine if its a problem on my end or if it’s the blog. Any suggestions would be greatly appreciated.

pink salt trick
4 months ago

I believe this internet site contains some rattling great information for everyone : D.

NeuroSilence Reviews
4 months ago

After all, what a great site and informative posts, I will upload inbound link – bookmark this web site? Regards, Reader.

aviator apk download
4 months ago

It’s really a great and useful piece of information. I’m glad that you shared this useful info with us. Please keep us up to date like this. Thanks for sharing.

fix robotic AI responses

Hello there, simply changed into aware of your weblog thru Google, and found that it’s truly informative. I’m going to watch out for brussels. I’ll appreciate should you proceed this in future. Numerous people will be benefited from your writing. Cheers!

fdertolmrtokev
4 months ago

Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! However, how can we communicate?

roperzh
4 months ago

F*ckin¦ remarkable things here. I am very satisfied to see your post. Thank you a lot and i’m having a look forward to contact you. Will you please drop me a e-mail?

bola24
4 months ago

Just wish to say your article is as surprising. The clearness in your post is just spectacular and i could assume you are an expert on this subject. Well with your permission allow me to grab your feed to keep updated with forthcoming post. Thanks a million and please carry on the gratifying work.

ayuda TFG arquitectura
3 months ago

Hey there! I know this is kind of off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

Sexual Health India Sex Chat

I think you have mentioned some very interesting details , thankyou for the post.

servicio de recepción de paquetes en Suiza

Simply desire to say your article is as astounding. The clarity in your post is just great and i can assume you’re an expert on this subject. Well with your permission allow me to grab your feed to keep updated with forthcoming post. Thanks a million and please keep up the enjoyable work.

zaborna torilon
3 months ago

I couldn’t resist commenting

Other News

AFCON 2025 Drama: Morocco Defends CAF Ruling Amid Growing Controversy

Published

on

The Fédération Royale Marocaine de Football (FRMF) has defended its position following the controversial ruling by the Confederation of African Football Appeal Board over the disputed 2025 Africa Cup of Nations final.

In a statement issued on Wednesday, the Moroccan football authority said its appeal was strictly aimed at ensuring the proper application of competition rules, and not to question the sporting merit or performance of any team involved in the final.

The federation emphasized its commitment to fairness, transparency, and the stability of African football competitions, noting that its actions were guided by respect for established regulations.

ALSO READ: JUST IN: Senegal Stuns Hosts Morocco To Lift AFCON 2025 Trophy

“The Federation reiterates that its approach has always been grounded in respect for the rules and stability of African competitions,” the statement read.

FRMF also praised all participating nations in the tournament, describing the 2025 AFCON as a significant milestone in the growth and development of football across the continent.

However, the body revealed that a more detailed position would be made public after a scheduled meeting of its governing organs.

The statement is expected to further clarify Morocco’s stance and outline any possible legal or administrative steps moving forward.

The CAF Appeal Board’s decision has continued to generate widespread reactions among football stakeholders, with growing calls for clearer regulations, improved transparency, and consistency in the administration of African football.

 

 

Continue Reading

Other News

Inside Tinubu’s Closed-Door Meeting With Opposition Leaders – SDP, IPAC Reveal Details

Published

on

The Social Democratic Party (SDP) and the Inter-Party Advisory Council (IPAC) have disclosed details of their recent closed-door meeting with President Bola Tinubu, explaining that the engagement focused on strengthening Nigeria’s democratic process ahead of the 2027 general elections.

The clarification came amid speculation surrounding the meeting, which took place at the Presidential Villa in Abuja after leaders of several opposition parties attended an Iftar dinner hosted by the president earlier in the week.

ALSO READ: NNPC Secures Tinubu’s Approval for $20bn FID on Bonga Deepwater Project

Speaking during a gathering hosted in Abuja by the SDP’s former presidential candidate, Adewole Adebayo on Friday, the party’s National Chairman, Prof. Sadiq Gombe, said the meeting with Tinubu followed an official invitation from the Presidency and lasted about an hour.

According to Gombe, the discussion centred on the need to strengthen Nigeria’s electoral laws and restore public confidence in the country’s electoral process ahead of the 2027 polls.

He explained that the meeting provided an opportunity for party leaders to remind the president of the importance of conducting transparent, free, and credible elections.

Gombe noted that democracy can only thrive when governments listen to the concerns of citizens and ensure electoral processes that guarantee fairness and accountability.

The SDP chairman also expressed concern over growing voter apathy, pointing to the low turnout recorded in the recent Area Council election in the Federal Capital Territory.

He said the Abuja Municipal Area Council election witnessed only about seven per cent voter turnout, which he described as a clear sign that many Nigerians are losing confidence in the electoral system.

Gombe urged the government and members of the National Assembly to take urgent steps to review electoral laws and rebuild public trust in Nigeria’s democracy.

Also speaking, the National Chairman of IPAC, Dr. Yusuf Dantalle, said political parties used the meeting to raise concerns about aspects of proposed electoral reforms, particularly issues related to indirect primaries and the mandatory electronic transmission of results.

Dantalle explained that the parties appealed to the president to use his influence to encourage legislative review where necessary, noting that reforms should strengthen, rather than complicate, the democratic process.

He expressed optimism that Tinubu would consider the concerns raised and support necessary amendments that would improve the electoral system.

The IPAC chairman also called on the Independent National Electoral Commission (INEC) to strictly adhere to electoral guidelines as preparations for the next election cycle begin.

Earlier in his remarks, Adebayo cautioned political actors against turning the 2027 general elections into a do-or-die contest, stressing that the primary goal of democracy should be the progress and stability of Nigeria rather than personal political victories.

He urged leaders across political parties to encourage citizens to actively participate in the democratic process and ensure that elections are conducted peacefully and transparently.

 

Continue Reading

Other News

President Tinubu nominates Taxman Taiwo Oyedele as minister of state for finance

Published

on

By

President Bola Ahmed Tinubu has nominated the arrowhead of the nations new tax reforms, Mr Taiwo Oyedele as the next minister of state for finance, replacing Dr Doris Uzoka-Anite.
Uzoka-Anite will now move to the Ministry of Budget and National Planning, as the Minister of State, her third portfolio in the administration.

President Bola Tinubu and Mr. Taiwo Oyedele during his nomination on Wednesday.

President Tinubu has today conveyed the nomination of Oyedele to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio.
Until President Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system.
Oyedele, 50, is an economist, accountant and public policy expert.
He attended Yaba College of Technology, where he obtained a Higher National Diploma (HND) in accountancy and finance. He attended Oxford Brookes University and earned a BSc in applied accounting.
He also completed executive education programmes at the London School of Economics, Yale University, the Gordon Institute of Business Science, and the Harvard Kennedy School.
Oyedele spent 22 years of his working career at PwC, joining in 2001 and rising to become the Fiscal Policy Partner and Africa Tax Leader.
Oyedele is also a professor at Babcock University in Ogun State and a visiting scholar at the Lagos Business School.
Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

14
0
Would love your thoughts, please comment.x
()
x