- Nigeria is positioned to deliver clean and sustainable energy solutions.
- Nigeria commissions 40,000-LPG vessel to push cleaner fuel.
President Bola Ahmed Tinubu reaffirmed Nigeria’s readiness to deliver clean, sustainable energy solutions across Africa and beyond. He declared this while commissioning a 40,000 cubic metres Liquefied Petroleum Gas (LPG) vessel in Ulsan, South Korea. The vessel, christened MT Iyaloja (Lagos), marks an important step in Nigeria’s quest for energy security and sustainable development.
Owned by WAGL Energy Limited, a joint venture between NNPC Ltd. and Sahara Group, the MT Iyaloja (Lagos) is a dual-fuel, fully refrigerated LPG carrier. Its addition increases WAGL’s total fleet capacity to 162,000 CBM. This milestone highlights Nigeria’s determination to strengthen its role in the global LPG market. Moreover, it reflects the country’s growing commitment to cleaner fuels and a more resilient energy future.
Tinubu, represented by the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, commended WAGL Energy Limited, NNPC Ltd., and Sahara Group for their strategic foresight and dedication. He stressed that their collaboration shows how Nigerian companies can lead Africa’s participation in the global clean energy value chain. According to him, this commissioning demonstrates the power of innovation and collective effort in driving sustainable growth.
He also noted that Sahara Group has consistently invested in LPG storage and distribution infrastructure across Africa. These investments improve access to energy, reduce consumer costs, and enhance supply reliability. As a result, they contribute not only to economic growth but also to greater energy security for millions of people.
Tinubu emphasised that his administration’s policies will balance development with environmental responsibility. According to him, energy security cannot stop at Nigeria’s borders, calling for stronger regional cooperation.
The launch of MT Iyaloja (Lagos), therefore, represents more than a corporate achievement. It is a step towards Africa’s growing influence in shaping the global clean energy transition.