Access Bank

Babajide Sanwo-Olu commissioned a 40 metric tonne Liquified Petroleum Gas (LPG) Refill Plant in Ikorodu.

The gas plant that can cater for 20,000 homes was built by IBILE Oil and Gas Corporation (IOGC), the State-owned energy firm, in Igbogbo-Baiyeku Local Council Development Area (LCDA) to ramp up supply of LPG for domestic use and to cut down on the use of dirty fuel responsible for carbon emission and air pollution.

The energy project was initiated to key into the nation’s ambitious goal to develop the natural gas industry and encourage domestic use of safe cooking gas. In Lagos, less than 30 per cent households use gas for cooking.

This new plant is the fourth facility delivered by the IBILE Holdings. Three other refill plants of varying capacities were built in Amuwo Odofin, Alimosho and Iponri areas of the State.

The gas plant we commissioned today reflects the desire of our administration to align with global action to reduce carbon emission and address the climate change challenge.

Our vision is to transit the State into a gas economy and ensure an energy mix that provides different fueling options for residents with the introduction of Gas-for-Transport and Gas-to-Power projects.

Expanding the domestic usage of LPG is critical to the continuous prosperity of Lagos and the attainment of our administration’s desire to transform the State into a 21st Century economy.

First Bank

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