FG moves to tackle environmental pollution, deforestation.
•PEF plans solutions to high cost of products in coastal areas
The Federal Government through the Petroleum Equalisation Fund (PEF) yesterday in Abuja, revealed the plan to kick-off equalization of Liquefied Petroleum Gas (LPG), also called cooking gas.
This move is aimed at tackling deforestation and other environmental hazards.
Executive Secretary of the organization, Ahmed Bobboi, who disclosed this at a media workshop organized by PEF, said the equalization would be done through railway networks.
Bobboi equally said contractors have been mobilized, while necessary equipment is being constructed to automate downstream activities in the country, especially the supply of petroleum products across the nation.
On completion, he said the country would be able to ascertain the actual demand and supply of the products across nation, thereby providing accurate data that would enable government and the private sector to plan.
He added that the plan would also reduce product hoarding and smuggling.
He admitted that product availability at a uniform price in riverine communities, especially in the Niger Delta had remained a challenge.
The executive secretary said the administration would implement an initiative that targets petroleum products delivery to riverine and mountainous areas.
Also speaking on the need to support the fight for a cleaner environment, he said: “By equalizing gas in this country, we will be to reduce environmental pollution and deforestation. This is a global concern.
“United Nations and governments across the world are promoting the issue of clean environment, we are certain that we will reduce the challenge through gas equalization.”
With sensor automated fuel management system and sensor network, he noted that the country would no longer continue to estimate the level of demand and supply of products in the country.
The initiative, which Bobboi said is being implemented with the National Bureau of Statistics (NBS) could take off before the end of this year.
According to him, the move will provide accurate data that would enable planning, address the problem of product hoarding and sharp practices by marketers.
It is also expected to create a transparent system and seamless operation for stakeholders in the supply chain of petroleum sector.
Bobboi, who said the agency is facing the barrier of funding, stressed the need to address the challenges of Nigerians living in riverine and mountainous communities.
General Manager, Corporate Services of the PEF, Dr. Goddy Nnadi, added that the plan would enable the agency to monitor products from tank farms to retail outlets.
“People keep asking how many liters of petrol we use daily. We have all kinds of figures, but with this, we can give you one figure that nobody can dispute,” Nnadi said.