‘Reduction in import duty on gas cylinders, accessories will deepen utilisation’

The Federal Government has been urged to reduce import duty on cylinders, Liquefied Petroleum Gas (LPG) equipment and accessories in order to promote gas utilisation in the country.
 
The Chief Executive Officer, Second Coming Nig. Ltd., Basil Ogbuanu, made this call at the launch of new 20kg composite LPG cylinders into the domestic market to deepen gas utilisation in every household.
 
Ogbanu said that the new product would make it easier for families to enjoy durability of usage than refilling frequently.
  
He said that the amount of money paid on import duty was responsible for the increase on the cylinder, which ought not to be more than N55,000 in the market.
 

According to him, the cylinders are part of the company’s efforts to deepen the usage of Liquefied Petroleum Gas in Nigeria.

“Unlike regular metal cylinders which are heavy and prone to explosion, the composite cylinders are safer and transparent, lightweight, rustproof, non-explosive and translucent.
 
“With 20kg, it means refilling once in three months or twice in three months, than four times monthly on the 12.5kg cylinders.
 
“It is economical, safe, healthier and it saves households from going to refilling plant frequently,” he said.
 
According to him, the 20kg LPG cylinder goes for N75,000 due to increase in foreign exchange and it is also more competitive.
 
“We advise all households to patronise this new 20kg composite LPG cylinders to save time, energy and money,” he said.
 
Ogbanu acknowledged that the acceptability of the new 20kg composite cylinders is huge and the company recorded massive patronage from customers.