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November 7, 2024
Hyde Energy inaugurates LPG facility
An indigenous energy trading company, Hyde Energy Limited, has inaugurated a new Liquefied Petroleum Gas (LPG) facility in Makurdi, the Benue State capital.
The facility, with a capacity of 40MT, is expected to create jobs and boost the economy of the state, is located at the Nigerian Air Force (NAF) Base in Makurdi, and will provide the NAF and its environs with a reliable and sustainable source of energy. Besides, it is believed that it will significantly offer environmental benefits and support Nigeria’s Decade of Gas policy.
The Chief Executive, Hyde Energy, Oladimeji Edwards, said: “We are proud to partner the Nigerian Air Force to bring this important project to completion. This facility is a symbol of our commitment to a more secure and sustainable future.
We are bringing tangible benefits to domestic and business LPG users, the economy, and the environment. From developing storage terminals to establishing LPG hubs across Nigeria, our strategy focuses on delivering LPG to homes and other end users safely and efficiently.”
The Managing Director, NAFIL, Air Vice Marshal Al Adamu, noted that the rationale behind the project was to ease the problem of unavailability of cooking gas for the residents of the base.
He noted the significance of the facility, saying: “This is a good project for the Nigerian Air Force Makurdi and for the community, and I am glad to witness the commissioning of the NAFIL-Hyde Energy LPG facility.
“We are confident that the LPG facility will be a valuable asset to the Nigerian Air Force community and it will help enhance cleaner environment,” he said.