‘Over-regulating LPG market will send operators aground’ | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 94%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

'There are people filling gases in their houses. The prune eyes of people cannot see them and this is not safe.' Nigeria

Reacting to issues raised by LPG marketers calling on the federal government to checkmate indiscriminate deployment of LPGs, otherwise known as cooking gas, to filling stations and retail outlets without addressing the risks involved, some stakeholders have said the move would send operators aground.

“I do not think that there is anything wrong with it. All operators have to do is space it in such a way that there are shut off valves using the complete modern day technology to run their operations, if you drive people from doing skids, you will drive them underground which would make people bury tanks at obscure places where the eyes cannot see and it will be bad for the community. If they over-regulate the LPG market, they will send people aground.

“The downstream oil and gas sector is optimistic and promising; there is sanity, the standards are coming up and if you look at the standards on a daily basis, people are raising the standards and with the trend of population growth, I think there is lots of prospect for the sector,” he added. He added: “Operators should know that margins generally would grow thin, because it is a volume business, we must make sure that we are able to expand our markets, by bringing more people into the market. People should make sure a litre remains a litre despite the thinning margin.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Operators deplore N221 billion loss in telecoms industry | The Guardian Nigeria News - Nigeria and World NewsAccording to the operators, under the aegis of Wireless Application Service Providers Association of Nigeria, activities of the DND had cost them N221 billion in the last two years. Nigeria Telecoms So they want to continue to disturb us!? Nonsense, improve your services and watch sales increase!
Källa: GuardianNigeria - 🏆 1. / 94 Läs mer »

Stock market reopens with 0.2% loss | The Guardian Nigeria News - Nigeria and World NewsTransactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened on a downward note yesterday, occasioned by price losses in most blue chip stocks, as the All Share Index (ASI) depreciated by 0.2 per cent.
Källa: GuardianNigeria - 🏆 1. / 94 Läs mer »