The Depot and Petroleum Marketers Association of Nigeria has called for increased gas investments to provide an alternative to petrol use.
Akpani, who doubles as managing director and chief executive officer of Northwest Petroleum and Gas Company Limited, was part of a delegation ofShe said the meeting was to discuss the best course of action in the post-subsidy regime, and “Akpani said the oil marketers are proactive and at the forefront of mitigating the effects of the removal of the petrol subsidy.
“We didn’t develop our gas. There’s electricity. So, we’ll have alternate sources of energy. It doesn’t have to be PMS.“Now suddenly, we realise that we have gas in abundance. There was no fresh investment. Nobody’s going to invest in an economy that is not free. You’re going to have restrictions.” “We collectively agreed that we’re going to work at providing real mass transit buses that work. The ones that run on CNG, which is a compressed natural gas and diesel interchangeably, and hopefully, we are going to start with about 50 to 100,” the DAPPMAN chair said.