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Reduce Import Duty On LPG Equipment, Marketers Tell FG

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The Nigerian Association of Liquefied Petroleum Gas Marketers, has urged the Federal Government to reduce import duty on LPG equipment and accessories.
NALPGAM made the appeal while commending the government for the removal of Value Added Tax on locally produced LPG, also known as cooking gas.
The President of the association, Mr Nosa Ogieva-Okunbor, said: “The clamour for VAT removal from domestically produced Liquefied Petroleum Gas has been of perennial concern to members of our association.
“The good news received by our association and the LPG industry is that the Federal Government has finally signed the approval of VAT removal on LPG and gazetted same which makes it an official pronouncement.”
Ogieva-Okunbor, on behalf of the governing council and members of the association, thanked the Federal Government and all relevant government agencies for listening to their plea.
“We also want to use this opportunity to thank and appreciate the Department of Petroleum Resources for the timely directive stopping the inappropriate and indiscriminate installation of Skid plants in petrol stations,” he said.
According to him, the directive that all skid plants in filling stations be dismantled and removed was apt, considering the huge danger and risk to the public in the operations of LPG skid plants in filling stations.
Ogieva-Okunbor said: “We, however, appeal for proper and thorough implementation of the directive in all the states of the federation.
“The association still pleads with the government to create a more conducive and enabling environment for investors in the industry, particularly now that deepening the consumption of LPG in the country has become a major interest of the government and marketers are geared towards ensuring the success of the programme by complementing the efforts of the government.”
He said the increased awareness of LPG usage had seen consumption in Nigeria grow from 50,000 metric tonnes in 2007 to over 600,000MT in 2018 with more indigenous investments in LPG bottling plants.
“This thus will ensure that majority of Nigerians enjoy the convenience of the proximity of LPG refill or exchange points. We implore the federal and state governments to initiate a well-funded social welfare programme to expand usage of LPG,” Ogieva-Okunbor added.
The National Bureau of Statistics, in its LPG Price Watch for April, said the average price for the refilling of a 5kg cylinder for LPG decreased by 0.87 per cent month-on-month and 0.57 per cent year-on-year to N2, 046.53 in April from N2, 064.45 in March.

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Electricity Boost: Abia Launches Waste-To-Energy Project 

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February 2, 2026

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Abia State Governor, Alex Otti, says the state is no longer experiencing power failures caused by frequent collapses of the national grid.
This is as his administration begins investing in converting organic waste Into electricity.
Speaking to the media at the State Government House, last Thursday, Governor Otti revealed that waste products are now being transformed into renewable energy through Biogas.
He stated that the state is no longer fully under the supervision of the Nigerian Electricity Regulatory Commission (NERC).
Otti explained that the new arrangement has been negotiated and accepted by the the Enugu Electricity Distribution Company (EEDC), the utility firm responsible for power distribution in Abia.
In his words “This is a pilot programme. Instead of discarding waste, we can convert it into clean energy, enabling us to power numerous areas, particularly the Umuahia In-Farms.
 “I had earlier reported that our proposals to EEDC have been accepted, and we are in the process of raising funds to settle obligations with them.
“On 24th December, the Abia State Electricity Regulation Authority took iver the regulation of power from NERC. From now on, generation, transmission, and distribution will be regulated within the state.”
Otti highlighted that the initiative is aimed at improving efficiency and achieving energy independence, similar to how Aba Power provides electricity for the Aba In-Farms.
“You may Have noticed that during some recent national grid collapses, our state remained unaffected because a significant portion of our power infrastructure is now under our authority,” he said.
Governor Otti further expressed optimism on the Progress of the programme saying “That is the entire purpose acquiring the Umuahia in-farms, and i am pleased with the advancements we are making in this regard.”
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NUPRC Pledges Transparency In 2025 Oil Pre – Bid Round

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February 2, 2026

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reiterated its dedication to a transparent process for the 2025 Oil Bid Round.
The Chief Executive, NUPRC,  Mrs Oritsemeyiwa Eyesan, while speaking at a Pre-Bid Webinar, at the Weekend, emphasized that the process is an opportunity for investors to participate in a stable, rules-based system that fosters genuine value creation.
Eyesan disclosed that the process involves five steps including “Registration, Pre-qualification, Data acquisition, Technical bid submission, and Evaluation and Commercial Bid Conference.
“This has been done to increase competitiveness and a response to capital mobility,”.
“Only candidates with strong technical and financial credentials will move forward, chosen through a transparent merit-based process”.
She noted that with President Bola Tinubu’s approval, signature bonuses have been adjusted to reduce entry barriers, prioritizing technical capabilities, credible programs, financial strength, and production delivery speed.
“Let me state clearly that the bid process will comply with the PIA 2021, promote the use of digital tools, for smooth data access and remain open to public, and international and institutional scrutiny through partners like NEITI, and other oversight agencies. Indeed, transparency is an integral part of our process,” she stated.
“To further strengthen the process, today’s Webinar, the first of its kind, aims to clarify bid requirements and helps you participate effectively before the tender deadline as well. We also invite your questions and feedback to improve the licensing round process and outcomes.
“In closing, let me emphasize that the Nigerian 2025 Licensing Round is not merely a bidding exercise; it is a clear signal of a reimagined Upstream Sector anchored on the rule of law, driven by data, aligned with global investment realities, and focused on long term value creation”, the NUPRC boss stated.
The 2025 Licensing Round, launched on December 1, 2025, offers 50 oil and gas blocks across various terrains, including frontier, onshore, shallow water, and deep water.
Since then, all licensing materials have been posted on the Commission’s portal, and dedicated support channels have been created to address applicant inquiries.
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Dangote Refinery Affirms 75m Litres PMS, 25m Litres Diesel Daily Supply 

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7 days ago

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February 2, 2026

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Dangote Petroleum Refinery has reaffirmed its capacity to supply fuel volumes significantly more than Nigeria’s estimated domestic consumption.
The refinery said it can supply 75 million litres of Premium Motor Spirit (PMS) daily against an estimated national consumption of 50 million litres.
The company, in a statement issued to Journalists, at the Weekend, also said it has capacity to supply 25 million litres of Automotive Gas Oil (AGO) compared with an estimated daily demand of 14 million litres, along side capacity to supply 20 million litres of aviation fuel daily, above the estimated maximum domestic consumption of four million litres.
According to the refinery, the availability of volumes above prevailing demand provides critical supply buffers, enhances market stability and reduces reliance on imports, particularly during periods of peak demand or logistical disruption.
“The management of Dangote Petroleum Refinery would like to reiterate our capability to supply the underlisted petroleum products of the highest international quality standard to marketers and stakeholders,” the company said in a public notice.
The refinery reaffirmed its commitment to full regulatory compliance and continued cooperation with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), stating that its supply approach is aligned with ongoing efforts to ensure market stability and orderly downstream operations.
The refinery said it remains fully engaged with regulators and industry stakeholders in support of Nigeria’s national energy security objectives, as the country deepens its transition from fuel import dependence to domestic refining.
It expressed willingness to work closely with market participants to ensure that the benefits of local refining, including reliable supply, competitive pricing and improved market discipline are delivered consistently to consumers nationwide.
The statement added “With domestic refining capacity expanding, stakeholders believe Nigeria is increasingly positioned to reduce foreign exchange exposure, improve supply security and strengthen downstream efficiency through locally refined petroleum products”.
By: Lady Godknows Ogbulu
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