L-R: The Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mr. Nnamdi Okonkwo; Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo; Executive Vice Chairman/CEO, Techno Oil Limited, Mrs. Nkechi Obi, at the formal commissioning of the Techno Oil LPG Cylinder Manufacturing Plant in Lagos on Friday.
Vice-President Prof. Yemi Osinbajo inaugurated a cooking gas manufacturing plant in Lagos on Friday. The plant, owned by Techno Oil Group, is the biggest of its type in West Africa.
The commissioning took place at the plant along the Ajah-Epe highway in the Ibeju-Lekki Ajah Local Government Area of Lagos State.
The Chief Executive Officer of Techno Oil Group, Mrs Nkechi Obi, told reporters in Lagos on Tuesday that the building of the plant commenced in 2015. She said that the project was undertaken by Techno Oil in its bid to accelerate cooking gas adoption in Nigeria.
She said that Techno Oil secured the services of a company from Europe to build the plant with strict supervision of various regulatory agencies, including the Standards Organisation of Nigeria.
“We expect that the plant will go a long way in generating hundreds of jobs for the teeming Nigerian population, especially those residing in Lagos. At full capacity, the automated plant will produce over five million units of standard LPG cylinders annually for the Nigerian market and markets in the West African sub-region. “This project is another milestone in our company’s efforts at bridging the infrastructure gap hindering the penetration and adoption of LPG in Nigeria,’’ Obi stated