Apex African Gas Launches New Plant in Lagos, Boosts Capacity

Apex African Gas Nigeria Ltd launched an air separation unit plant in Lagos on Thursday, significantly boosting its production capacity to 110 tons per day. Chairman Najimu Adeniji stated that the facility will produce oxygen, nitrogen, and argon, which are critical for industries across Nigeria, particularly in healthcare and oil services.

The investment of N10 billion aims to strengthen the supply of medical gases, thereby reducing dependence on imports. Adeniji highlighted that nitrogen is essential for the oil service industry, especially in Port Harcourt, which represents a significant revenue source.

However, he identified power supply as a major challenge affecting production costs, advocating for government support to provide cheaper power. Charl Allam, managing director of Apex African Gas, reaffirmed the company's commitment to supplying hospitals with oxygen despite rising operational costs.

The event was attended by Senator Tokunbo Abiru, who emphasized the project’s role in job creation and investor confidence in Nigeria.