‘Nigeria loses $2.5bn to gas flaring annually’
The Nigerian Liquefied Petroleum Gas Association (NLPGA) says the country’s loses $2.5 billion yearly as a result of gas flare. President of the association, Mr. Dayo Adesina, who disclosed this in Lagos at a pre-event press conference of the 5th annual conference of NLPGA in Lagos, said that the association would rally round government officials […]
The Nigerian Liquefied Petroleum Gas Association (NLPGA) says the country’s loses $2.5 billion yearly as a result of gas flare.
President of the association, Mr. Dayo Adesina, who disclosed this in Lagos at a pre-event press conference of the 5th annual conference of NLPGA in Lagos, said that the association would rally round government officials and stakeholders in the LPG industry to find solutions to the gas flaring, firewood and kerosene burning and other causes of air pollution through the promotion of the use of cooking gas.
He said the theme of the conference, ‘The Future is Now’ would focus on embracing LPG as the answer to energy poverty, environmental degradation amongst many other issues affecting Nigeria.
He said gas flaring activities in Nigeria have contributed to the loss of possible earnings of over $2.5 billion per annum.
He added that stakeholders, including producers, bulk breakers, bottling plants, primary and secondary depots, transporters, consultants, traders, public institutions, relevant ministries, government agencies, professionals and the consumers will be attending the event.