x

Local companies need more protection – Techno oil CEO

By Our Reporter

Mrs Nkechi Obi, Chief Executive Officer, Techno Oil Liquefied Petroleum Gas (LPG) cylinder manufacturing plant, on Tuesday called for more protection of indigenous manufacturing companies to position Nigeria for growth.

Obi made the call in Lagos at a media parley on LPG adoption and the challenges facing the LPG sector.

“Government should introduce measures to protect local companies so that the companies can generate jobs for the teeming population.

“The private sector should be positioned to be the engine room of economic development of our country.

“Therefore, the government is expected to introduce policies that will help to sustain the sector to generate jobs for people willing and able to work,’’ Obi said.

She urged that the Federal Government and its relevant agencies should put measures in place to stop importation of fake and sub-standard cylinders.

She said it was regrettable that fake cylinders had continued to pour into Nigeria, causing harm to the economy and posing dangers to users of the fake products.

Obi, however, expressed delight that Techno Oil Liquefied Petroleum Gas (LPG) cylinder manufacturing plant inaugurated six months ago had been recording impressive patronage from major oil and gas companies in Nigeria.

She said that she was delighted that leading oil and gas companies had started patroniding Techno Oil cylinders, shunning cylinders made in foreign countries.
According to her, many companies have been placing orders for tens of thousands of Techno Gas cylinders since the plant started rolling out cylinders.
“This development has validated a recent market report that the TechnoGas brand is buyers’ preference because of its conformity with national and international standards.
“It shows that cylinders manufactured at the plant have gained acceptability over cylinders made overseas and dumped in Nigeria by unscrupulous businessmen.

“I am happy that we have restored the confidence of LPG users that made in Nigeria cylinders are better, safer and more durable than the imported ones.’’

The Techno Oil cylinder manufacturing plant, which was inaugurated by Vice-President Prof. Yemi Osinbajo on June 7 this year, is described as the largest of its type in West Africa. (NAN)

Hot this week

NSCDC denies withholding staff promotion, salary arrears

The Nigeria Security and Civil Defence Corps (NSCDC) has...

Baale of Amuro Hails Gov. Ododo’s Two Years of Visionary Leadership in Kogi

By Noah Ocheni, LokojaThe Baale of Amuro Land, His...

Wike Approves N12bn January Salaries of FCTA Workers Amid Strike

… Enumerates Key ReformsUnder AdministrationBy Joyce Remi-BabayejuThe Minister of...

Kogi Govt Says Cash-Back Promotion Policy Boosts Workers’ Welfare

By Noah Ocheni, LokojaThe Kogi State Government says its...

Bayelsa Lays Late Deputy Governor to Rest as Tinubu, Jonathan Pay Tributes

By Amgbare Ekaunkumo, YenagoaBayelsa State on Saturday laid to...

Humanitarian:President Shettima Commissions Tudun Biri Resettlement Site in Kaduna

By Joyce Remi-BabayejuThe Vice President, Senator Kashim Shettima, has...

Army kills ISWAP commander, foils attacks in Borno

Troops of the Joint Task Force (North East), Operation...

Premier League Clubs Step Up Activity as January Transfer Window Nears Close

Premier League clubs intensified squad reshaping during the January...

March 31 Deadline: Oyedele Urges Nigerians to File Annual Tax Returns

Chairman of the Presidential Committee on Fiscal Policy and...

Crusade Dispute Puts CAN, PFN Under Spotlight

Allegations of interference and partiality have unsettled Nigeria’s major...

Rivers State Leads in Mobilizing Support for Tinubu’s reelection in 2027 – Wike

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) Minister, Barr....

Related Articles

Popular Categories

spot_imgspot_img