Deploying Nigeria’s Immense Resources in Liquefied Petroleum Gas For Affordable Energy And Sustainable Economic Growth
The global market for LPG has grown steadily over the last decade and is worth about $211.2 billion. This demand continues to increase due to the efficiency, accessibility and cleanliness of the fuel.
Despite the positive global outlook and growth in domestic production, LPG utilization in Nigeria remains low. In the last four decades alone, various initiatives by the Nigerian Government and other non-governmental bodies have not yielded the desired effect in terms of deepening the market and improving domestic utilization.
A Presidential Inter-ministerial Committee chaired by His Excellency, the Vice President, with the Honorable Minister of State for Petroleum Resources as the deputy chairman was constituted and saddled with the responsibility of coordinating proposed interventions under the initiative.
In this regard, the National LPG Expansion Initiative led by His Excellency, the Vice President of the Federal Republic of Nigeria was set up to oversee and drive all the disparate efforts undertaken by industry stakeholders for the growth of LPG consumption in Nigeria.
The committee will provide strategic direction, overall leadership, act as focal point for ultimate resolution of issues and have oversight functions for the implementation of the program tasks and activities.
To facilitate the growth of Nigeria's LPG consumption from the current Five Hundred Thousand Metric Tons per Annum (500,000 MTPA), to over Five Million Metric Tons per Annum (5,000,000 MTPA) within 10 years.
The immediate target of the office is to implement the first phase of the expansion program – which is to convert 10 million households to LPG use as cooking fuel in the next 2 years.
Our Guiding Principles
Our mission is to foster the sustainable growth of the LPG Sector in Nigeria by educating individuals and corporate bodies about Liquefied Petroleum Gas (LPG), its usage, safety and accessibility.
The National LPG Expansion Plan, Office of the Vice President, Federal Republic of Nigeria will abide by the following guiding principles:
play_circle_filled Create an enabling environment for the use and exploitation of LPG in Nigeria
play_circle_filled Benefit both Urban and Rural communities
play_circle_filled Impact the Nigerian economy
play_circle_filled Add value to the sector by driving premium demand for LPG