.Holds 11th International Conference and Exhibition

By Udeme Akpan

THE Nigeria Liquefied Petroleum Gas Association (NLPGA), has pointed out that the growing adoption of the Liquefied Petroleum Gas, LPG, will further enhance Nigeria’s economic development.

The nation is currently faced with many economic-related problems, including energy poverty, lack of basic infrastructure, insecurity and unemployment.

But speaking during the announcement of its 11th Annual LPG International Conference, on Thursday, November 25, 2021, the President, NLPGA, Nuhu Yakubu, stated that the conference’s aim is crucial to the overarching recovery-led goal of the economic policies of the government in Africa and Nigeria in particular, following the recent challenges faced by the LPG sector.

He said: “In line with the 7th Sustainable Development Goals (SDGs), deepening the education on the role of diverse uses of Liquefied Petroleum Gas (LPG) is critical as the world aims to provide cleaner, reliable, sustainable and affordable energy sources for everyone by 2030.

“Despite the rising price of LPG, the overarching benefits of LPG for households and industries as a critical enabler cannot be overemphasized. Also, it is not far-fetched to state therefore that sustaining the growing adoption of LPG through policies and programs will advertently sustain economic growth through job and wealth creation.

“Riding on the declaration of the Decade of Gas, by the Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva, the LPG sector aligns as an industry with this executive posturing to galvanize the entire LPG value chain to drive a groundswell adoption of LPG in spurring growth and improving the wellbeing of households across Nigeria.”

He also said that this year’s edition, which will be the second to be hosted virtually, is in alignment with social distancing precautions because of the prevailing COVID-19 pandemic. The conference is themed ‘Market Growth & Fiscal Regulations: Rethinking the LPG Supply Gaps Amid the Challenging Regulatory Environment.’
The discourse will focus on interrogating industry issues, proffering actionable and measurable solutions towards achieving an accelerated economic recovery, with gas as a pivotal enabler.

The conference will converge globally acclaimed thought leaders, critical decision-makers, and stakeholders in the LPG markets across Nigeria and Africa, in both the private and the public sectors.

According to him, “it is the response of every forward-thinking organization to identify actions and amplify sector-driven solutions towards improving the economy. This year’s theme, topics of discussion, speakers, and panelists were painstakingly selected to provide diverse, yet specific solutions targeted at improving operating capacity in the LPG sector.”

The conference’s programme includes keynote addresses, presentations, and panel discussions expected to be delivered by Nigeria’s Former President, Olusegun Obasanjo GCFR, the Vice President of the Federal Republic of Nigeria, Professor ‘Yemi Osinbajo, SAN, GCON, the Minister of State for Petroleum, Chief Timipre Sylva, the Managing Director/CEO, Nigeria LNG Limited, Africa LPG Association, international speakers, including globally ranked captains of industry who will significantly expound the global and local perspectives of the LPG market; its role in Nigeria’s accelerated recovery plan, adoption and acceptance strategies for LPG and identify solutions to bridge supply and infrastructure financing gaps in the gas value chain, among other insights.