THLD Group, chaired by His Imperial Majesty, the Ooni Of Ife, Oba Adéyẹyè Ẹnìtàn Ògúnwùsi Ojaja II, has vowed to crash the prices of petrol and diesel with its new technology.
The company's new strategy is the introduction of the technology that encourages the public to the use of cooking gas to run their vehicles and machines.
The statement was given shortly before OOni leaves for Canada during the unveiling of the latest sets of cars, trucks and tricycles converted from petrol and diesel to domestic gas, at the Palace of the Ooni in Ile-Ife, Osun State, South West of Nigeria.
The presentation was done by the Ooni of Ife and witnessed by the media and top government and business heads.
His Imperial Majesty during the presentation ceremony applauds the zeal with which THLD Group Head, Mr. Oluwasegun Olajuwan is making towards revolutionising not just the Nigerian economy but Africa as a whole.
The Ooni further said that THLD Group’s innovation is a ray of hope for Nigerians as the company introduces a cleaner and an environmentally friendly alternative fuel.
The Yoruba monarch used the medium to call on transport companies, government agencies and all Nigerians to embrace this technology to reduce overhead running cost and save money.
In a bulletin released on Saturday morning by the engineering firm, the company stated that “THLD Group powered by STAG Technology is proud to state that ALL vehicles and machines can now be converted to run on LPG (cooking gas) which is environmentally friendly and cheaper than petrol.”
“In line with our vision of a greater and better Nigeria, our CHAIRMAN (Ooni of Ife) wishes to admonish all Nigerians to embrace a cleaner and more environmentally friendly fuel and reduce overdependence on the popular petrol (PMS) and diesel.”
THLD Group listed the benefits of the new technology to include amongst others, that conversion centres are to be spread nationwide and that all OANDO Filling stations nationwide will sell Autogas (cooking gas) at a price cheaper than petrol.
Others are, that the use of LPC means more distance covered than petrol, that LPG is cleaner than petrol and diesel, vehicles using the technology can easily just by just a click of a switch, even while the vehicle is in motion, move from petrol to diesel and it entails less maintenance cost.
In addition, THLD Group Head, Mr Oluwasegun Olajuwan said that his company has brought hope to the Nigerian economy by introducing an alternative fuel solution which is powered by STAG Technology.
The Ife monarch, His Imperial Majesty is confident that the use of Liquefied Petroleum Gas (LPG), popularly known as cooking gas to power vehicles and machines will bring recourse the way of Nigerian businesses. This is as THLD Group plans, as part of its empowerment programs, to train Nigerian youths on the use of this technology thereby creating 1,000 jobs annually.
Dignitaries and businesses that have benefited from the technology are the Ooni, whose private SUV was remodelled two months ago, Efex and Chisco Transport companies.
Present at the unveiling ceremony of THLD Group’s OTI SESE TRICYCLE and converted vehicles were the Federal Ministry of Science and Technology, represented by DR. A.A Talabi- Director of Technology Acquisition and Adaptation, National Orientation Agency, represented by a Director, PAN Nigeria Limited, represented by the Zonal Sales Manager- Mr. Sulaiman A, HoneyGold Global Resources Nigeria Limited, NATA, represented by its National Treasurer- Mr. James Sunday Aina AND NATA, Ibadan Chapter.
Others were NATA, Kaduna Chapter represented by its President- Engr. Ibrahim Aliu, Polar Oil and OVH Energy (Oando).