Okowa urges FG to look into rising cost of cooking gas

Delta State Governor, Ifeanyi Okowa, on Monday, weighed in on the rising cost of cooking gas in the country.

The governor spoke during a two-day LPG sensitisation and awareness campaign organised by the National LPG Expansion Implementation Plan.

Okowa, represented by his Chief Economic Adviser, Dr Kingsley Emu, said stakeholders must work to reduce the rising cost of LPG if the objective of the National LPG Expansion plan was to be realised.

According to the Chief Economic Adviser, the Federal Government and relevant policy makers should initiate steps towards reducing the rising cost of the Liquefied Petroleum Gas (LPG).

Kingsley acknowledged that the theme of the campaign “Stimulating Delta State Socioeconomic Growth Through LPG Adoption And Expansion” was apt as the world moved towards greener sources of energy.

He said: “Just recently, world leaders gathered in Glasgow, Ireland, in a Summit (COP-26) to discuss the adverse effects of climate change occasioned by the use of fossil fuels and the need to move towards cleaner energy.

“This makes the adoption of LPG as a transition fuel to greener sources exigent, and Delta State is keen to play a vital role in this process and will give this awareness programme maximum support.

“However, as we adopt LPG as the fuel to drive the socio-economic activities of the economy, we must acknowledge a big challenge currently confronting the populace, the issue of high price of LPG in the market.

“At the rate the price is skyrocketing, LPG is gradually getting out of the reach of the middle class and common man.

“The price increase has been linked to several factors including the VAT re-introduction, devaluation of the naira and large importation of LPG vis-a-vis low production locally.

“It is imperative that policy makers find a way to mitigate this upward trend in the price of LPG to give succour to our people, and if the goal of the LPG expansion plan is to be realised.”

About the author

Ridwan Adelaja

Venture analyst focusing on African tech startups, founders and the Big Five ventures: Amazon, Facebook, Apple, Google and Microsoft.

He also takes time out to showcase amazing African thought leaders. Before coming to maintain his spotlight column on Quillcastle Nigeria, he anchored Youngfrica TV Show on CBA TV during his stay in Hargeisa, Somaliland.

Tel: +2348025300029

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