Nigeria Independent Petroleum Company (NIPCO) Plc says it would site a Liquefied Natural Gas plant in Yola, Adamawa State before the end of this year.
Ogun and Enugu states would also benefit from the gesture, the Managing Director of the company, Mr. Venkataraman Venkatapathy said.
Venkatapathy, who spoke at a media parley in Lagos, said the gesture was aimed at promoting the use of cooking gas in the country, which he said is under-utilized.
He also disclosed the intention of the company to spread the use of Compressed Natural Gas beyond Benin, Edo State
Nigeria Independent Petroleum Company (NIPCO) Plc says it would site a Liquefied Natural Gas plant in Yola, Adamawa State before the end of this year.
Ogun and Enugu states would also benefit from the gesture, the Managing Director of the company, Mr. Venkataraman Venkatapathy said.
Venkatapathy, who spoke at a media parley in Lagos, said the gesture was aimed at promoting the use of cooking gas in the country, which he said is under-utilized.
He also disclosed the intention of the company to spread the use of Compressed Natural Gas beyond Benin, Edo State
The company's boss, who said more than1,500 vehicles are currently running on Compressed Natural Gas in Benin, where the pilot scheme of the project started, expressed optimism that more vehicles in the country would use the gas in no distant future.
He also announced that his company would invest massively in projects aimed at shoring up its operations in the country.
According to him, part of the investment would be used to increase the company's retail outlets from 115 to 225 nationwide.
He further disclosed that his company has created a special department that would monitor the activities of retail outlets in Nigeria.
He said the development was necessary as the company cannot condone any act of malfeasance among its dealers.
He said any station caught cheating customers would have its dealership withdrawn by his company.
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