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Techno Oil Limited

Major Oil Firms Patronize Locally Made LPG Cylinders

October 31, 2019 - Company News
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Lagos: The Techno Oil Liquefied Petroleum Gas (LPG) cylinder manufacturing plant inaugurated six months has been witnessing impressive patronage from major oil and gas companies in Nigeria.

 The Chief Executive Officer of the company, Mrs Nkechi Obi, made the disclosure in Lagos today at a media parley on LPG adoption and the challenges facing the LPG sector.

 Obi said she was delighted that leading oil and gas companies had started patronizing Techno Oil cylinders, shunning cylinders made in foreign countries.

 According to her, many companies have been placing orders for tens of thousands of TechnoGas cylinders since the plant started rolling out cylinders.

This development has validated a recent market report that the TechnoGas brand is buyers’ preference because of its conformity with national and international standards.

 It shows that cylinders manufactured at the plant have gained acceptability over the influx of sub standard cylinders made overseas and dumped in Nigeria by unscrupulous businessmen.

 I’m happy that we have restored the confidence of LPG users that made in Nigeria cylinders are better, safer and more durable than the influx of sub -standard imported cylinders.

 Obi restated, however, that the Federal Government and its relevant agencies should put measures in place to stop the importation of fake and sub-standard cylinders. 

 She said it was regrettable that fake cylinders had continued to pour into Nigeria, causing harm to the economy and posing serious dangers to users of the fake products. 

 Asked what she expected from the government to boost production at the plant, the chief executive officer said that government should protect indigenous manufacturing companies to position the nation for growth. 

Government should introduce measures to protect local companies so that the companies can generate jobs for the teeming population. 

The private sector should be positioned to be the engine room of economic development of our country. 

Therefore, the government is expected to introduce policies that will help to sustain the sector to generate jobs for people willing and able to work,’’ Obi said. 

The Techno Oil cylinder manufacturing plant, which was inaugurated by Vice-President Prof. Yemi Osinbajo on June 7 this year, is described as the largest of its type in West Africa.

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