The CEO of Mezovest, Mr. Tosin Thompson, has called on the Federal Government to price local gas for local demand in Naira.
Thompson explained that increased participation of small businesses in the gas distribution network could lead to cost efficiencies. His words:”There is no reason why gas that is sourced locally, for local demand, should be priced in dollars. Also speaking at the event, Mr Folarin Lajumoke, Executive Director at DAMAS, stated that “There is the need for comprehensive policies that promote local gas usage, which could contribute significantly to economic growth and energy sustainability. Over 75% of Nigeria’s Total Energy Supply is made up of biomass, primarily firewood and charcoal. This is inefficient and detrimental to the health of the people.