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Company deepens gas penetration, unveils 300 metric tonnes depot in Benin

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Company deepens gas penetration, unveils 300 metric tonnes depot in Benin

(Photo: L-R Mogbo C Paul (Fed. Min. of Finance), Busayo Fabunmi (GM Operations, Asiko) Wole Awodunmila (Regional Manager, Asiko), Engr. Alex Ogedegbe (Chairman, Asiko), Engr. Afam Asuike (Head of Operations, NMDPRA Edo state), Oladipo Ebenezer Olajide (Fed. Min. of Finance), Abubakar Folami (Executive Director, Asiko)

 

A clean energy provider, Asiko Group, says it will continue to contribute to the economic development of Nigeria with its efforts to ensuring in-country utilisation and deepening of gas penetration in the nation.

 

Mr Alex Ogedegbe, Chairman, Asiko Group, gave the commitment during the inauguration of the company’s 300 metric tonnes Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG) depot in Utesi, Ikpoba Okha Local Government Area of Edo.

According to him, the project invariably aligns with the Federal Government’s priority objective to attain five million metric tonnes of LPG consumption by 2023.

He said that the gas potential of Nigeria was enormously huge and the LPG/CNG depot had been designed to provide much-needed energy solution to the country and beyond.

“Today, we are excited to launch our 300MT LPG and CNG depot. The multi-product gas depot promises to improve gas availability and distribution in the region.

“The LPG/CNG depot is poised to become a hub for a wide range of gas products. Under its licensing agreement, the depot is authorised to store Propane, LPG (Liquefied Petroleum Gas), CNG (Compressed Natural Gas) and Liquefied Natural Gas (LNG).

“Currently, it stores LPG and CNG, with plans for future development to enable the storage of LNG in the near future.

“The 300MT depot, the biggest in Benin, marks an added step towards contributing to a clean energy future and the realisation of the federal government’s decade of gas initiative,” he said.

Ogedegbe said Nigeria was endowed with up to 183 trillion cubic feet of gas deposit, but about five per cent of that deposit had yet to be consumed.

“Imagine how much we can distribute to Nigerian society and beyond if we have installations and facilities like this that we are commissioning today,” he said.

Mr Abubakar Folami, a director at Asiko, said that the company had similar inland depots and plants across Nigeria, with an impressive inland Propane and LNG terminal currently under construction in Ijora, Lagos State.

In his remarks, the Utesi Community head, Mr Monday Edo, said he was very happy about the project.

Edo said that the LPG/CNG depot was not just a beacon of progress for the energy sector, but also carried a profound impact on the local community.

“The depot is expected to generate over 100 direct and indirect job opportunities, contributing significantly to the economic welfare of the region.

“The creation of these jobs underscores Asiko’s commitment to empowering and uplifting the economic activities of its host communities.

“Asiko is a leading provider of clean energy solutions in Nigeria, dedicated to delivering a comprehensive network of sustainable, accessible, and innovative clean energy solutions.

“With a focus on LPG, LNG, CNG, propane, and renewable energy, Asiko drives the region’s clean energy transition and ensures energy security,” he added.

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Fagbemi warns against obstructing EFCC from performing its lawful duty

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The Minister of Justice, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial Crimes Commission (EFCC) from carrying out its lawful duty .

 

Fagbemi’s warning is contained in a statement in Abuja.

 

“This is a matter of very grave concern, it is now beyond doubt that the EFCC is given power by the law to invite any person of interest to interact with them in the course of their investigations into any matter, regardless of status.

“Therefore, the least that we can all do when invited, is not to put any obstruction in the way of EFCC, but to honourably answer their invitation.

“A situation where public officials who are themselves subject of protection by law enforcement agents will set up a stratagem of obstruction to the civil and commendable efforts of the EFCC to perform its duty is to say the least, insufferably disquieting’’.

He added that running away from the law will not resolve issues at stake but only exacerbate them.

“Nigeria has a vibrant judicial system that is capable of protecting everyone who follows the rule of law in seeking protection.

“I therefore encourage anyone who has been invited by the EFCC or any other agency to immediately toe the path of decency and civility by honouring such invitation instead of embarking on a temporising self-help and escapism.

“This can only put our country in bad light before the rest of the world’’.

He said institutions of state should be allowed to function effectively and efficiently.

“I stand for the rule of law and will promptly call EFCC, and indeed any other agency to order when there is an indication of any transgressions of the fundamental rights of any Nigerian by any of the agencies’’.

NAN reports that the EFCC had on Wednesday warned members of the public that it was a criminal offence to obstruct officers of the Commission from carrying out their lawful duties.

Section 38(2)(a(b) of the EFCC Establishment Act makes it an offence to prevent officers of the Commission from carrying out their lawful duties. Culprits risk a jail term of not less than five years.

The warning , the EFCC said, became necessary against the background of the increasing tendency by persons and groups under investigation by the Commission to take the laws into their hands by recruiting thugs to obstruct lawful operations of the EFCC.

On several occasions, the anti graft agency said, operatives of the Commission have had to exercise utmost restraint in the face of such provocation to avoid a breakdown of law and order.

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Unknown Gunmen Abduct Channelstv Reporter In Port-harcourt

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Some unknown gunmen have kidnapped Joshua Rogers, the ChannelsTV reporter in Port-Harcourt, the Rivers State capital.

 

Politics Nigeria learnt that Rogers was picked up close to his residence at Rumuosi in Port Harcourt and to an unknown destination by the gunmen around 9pm on Thursday, April 11.

 

The reporter was driving his official ChannelsTV branded car when the hoodlums accosted, pointed a gun at him and took him away in the same vehicle.

Rogers was said to be returning from his official assignment in Government House after a trip to Andoni for a government event when the incident happened.

Already, the gunmen were said to have contacted his wife and demanded a N30million ransom for bis release.

His cameraman confirmed the incident and appealed to his abductors to set him free unconditionally.

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