How CBN’s N250bn gas plan will boost LPG consumption – experts

How CBN’s N250bn gas plan will boost LPG consumption – experts

RICE,CBNBy Obas Esiedesa, Abuja

Energy experts have held that the N250 billion gas expansion fund set up by the Central Bank of Nigeria (CBN) would push the consumption of the Liquefied Petroleum Gas, LPG, in the country to over five million metric tonnes, mmt, by the end of this year.

The experts also stated that the increased gas consumption would address disasters associated with cooking with firewood.

With over 203 trillion standard cubic feet of gas deposit, Nigeria has one of world’s lowest proportion of gas usage. Last year, gas utilisation, especially cooking gas, in the country…

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