Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Oando, German firm sign N1b LPG deal

10 December 2013, 14:39

Lagos - To further enhance availability of cooking gas to low income earners in the country, Oando Marketing Plc, has signed an agreement with KFW, a German development bank, to invest N1 billion (€5m) in the supply and distribution of the product.

The money would be made available to selected micro finance institutions that would then lend the funds out to micro, small and medium sized enterprises for their LPG investments, reports Nation.

Abayomi Awobokun, Oando Marketing’s Chief Executive Officer, said the fund would also be made available to end users of cooking gas, who can approach these micro finance banks with only N200 as an initial deposit and walk away with the complete set of portable 3kg O-Gas.

To enjoy this benefit, end users are expected to make a N200 daily deposit with any of the partnering micro finance banks until payment is completed for the 3-in-1 unit.

Read more at Nation


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...