Nation
Firm Inaugurates 100-Tonne LPG Plant In Katsina
A 100-tonne Liquefied Petroleum Gas (LPG) plant constructed by the Buterny Energy Company was inaugurated on Saturday in Katsina.
The Minister of State for Petroleum Resources, Mr Timipre Sylvia, during the launch said the plant was coming at the time several projects that would address gas availability, accessibility and affordability in the country were being put in place.
Sylvia, represented by the Permanent Secretary in the ministry, Dr. Sani Gwarzo, added that the pricing of gas was currently a major threat to the availability and affordability of the fuel in Nigeria.
“The Federal Government was leveraging the gas pricing framework and the Central Bank of Nigeria (CBN) gas development fund to create an appropriate funding model to support off-take of the gas, especially among vulnerable groups.
“I cannot complete this speech without touching on pricing which is a major threat to gas affordability and gas penetration.
“It is, therefore, expected that the economy of Katsina State and indeed the North-West and the whole of Nigeria will benefit from socio-economic spin ups associated with the gas value chain,” he said.
The minister added that smaller countries with less gas reserves than Nigeria such as Kuwait have higher per capita consumption of gas due to their investment in gas infrastructure.
He urged Butane Energy to make their plant a role model of LPG depots by deploying technology to drive market penetration, creation of financial instruments to incentivize off-take of its bottled gas.
“And also investment in human capital development to attract and retain a resilient workforce and operation in a globally acceptable and responsible manner,” he said.
Butane Energy Chair, Alhaji Isah Inuwa, said the aspiration of the company under the first phase of investment programme was to have five plants in the Northern Nigeria.
“Kano will have 180 metric tons, in Bauchi, 120 metric tons, in Abuja, 180 metric tons and in Kaduna, 180 metric tons.
“Today, we have finished the designs of Kaduna and Bauchi plants and by God’s grace, we are going through the contracting processes between December and January, and it is our hope that before the end of January, construction work will start.
“By April, we will start Kano and Bauchi plants with a combined tonnage of 360.
“Our expectation is that by September 2022, we will have completed five plants with a total capacity of 820 metric tons and we will have the capacity to process 9,200 12.5kg cylinders per eight hour shift per day.
“We would have invested nearly N3 billion by the end of the first phase of our development programme. We expect annual gross revenue of these five plants to be more than N20 billion.”
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Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
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