According to a recent reports by the Guardian, Techno Oil Limited has unfolded plans to build a N3 billion gas cylinder manufacturing plant, to fully maximize the utilization of gas resources in the nation. The plant would be located in the Lekki area of Lagos State.
The company said that the proposed structure of the Liquefied Petroleum Gas (cooking gas) cylinder manufacturing plant, unveiled in Lagos recently, would have the capacity to produce five million units of cylinders yearly. The construction of the plant, which is expected to offer about 1,000 jobs to Nigerians has since commenced at Lekki, Lagos and expected to roll out its first batch of cylinders in the next 90 days.
During the plant's unveiling event in Lagos, the Executive Vice-Chairman, Techno Oil, Mrs. Nkechi Obi, said that the plant was being constructed in partnership with an European firm, which has built similar plants in over 15 African and Asian countries.
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