Edo govt, NNPC partner to establish 10,000bpd condensate refinery
The Edo government and NNPCL say they will collaborate to establish a 10,000-barrels-per-day condensate refinery in the state. Governor Monday Okpebholo’s spokesman, Patrick Ebojele, disclosed this in a statement on Thursday.
Mr Ebojele stated that the refinery would be sited across Oredo and Orhionmwon LGAs. He added that the facility was slated for completion between 24 months and 36 months.
According to the Edo government, once operational, the refinery would produce approximately 20 truckloads of Premium Motor Spirit and 10 truckloads of diesel per day.
The statement added that the facility would serve Edo and the neighbouring states.
It further stated that the governor described the investment as a reflection of President Bola Tinubu’s ‘Renewed Hope Agenda’.
The governor also promised that the refinery would create jobs, reduce poverty, and strengthen the state’s industrial base.
The statement added that Mr Okpbeholo, who received the NNPC’s executive vice-president (downstream), Mumuni Dagazia, and his team to the Government House, Benin, assured them of his administration’s full commitment to the success of the project.
“We are delighted to welcome this major investment to Edo. My administration is committed to creating jobs and reducing poverty, in line with the renewed hope agenda of the president,” the governor reportedly said.
The statement further reported that the Edo government would provide land, certificates of occupancy, security, and other necessary logistics to facilitate the execution of the project.
“We are committed to protecting investments and ensuring Edo remains safe for business. Our political will is fully behind this initiative,” Mr Okpebholo said.
Mr Dagazia described the proposed refinery as a sustainable project aimed not only at generating revenue but also at creating jobs, fostering industrial growth, and advancing the overall development of the state.
The chief downstream investment officer at NNPC, Ikedichi Dick-Nwoke, was also reported to have promised that upon completion, the refinery would position Edo as a major energy and industrial hub in the South-South region.
“He said the project would boost investor confidence, align with Governor Okpebholo’s industrialisation agenda, and significantly expand employment opportunities for Edo residents,” the statement added.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
Focus on criminals, stop targeting journalists, CPJ tells Nigerian security agencies
She also pointed out harsh bail requirements imposed on journalists, describing Mr Ugagbe’s bail conditions as “utterly punitive.”
Education
Tinubu upgrades Nasarawa poly to university
Mr Onanuga said the approval followed a proposal by Senator Ahmed Aliyu, who represents the Nasarawa West Senatorial District.
Lagos
Lagos govt signs agreement to automate vehicle registration
Mr Osiyemi said the initiative would simplify and speed up vehicle registration by eliminating cumbersome processes.
States
Three rescued, one body recovered as building collapses in Kano
The PRO attributed the collapse to the use of poor and substandard building materials.
NationWide
FG calls for stronger African collaboration to combat illicit wealth, transnational corruption
Mr Fagbemi added that the recovery and transparent management of proceeds of crime remained a key pillar of the country’s anti-corruption policy.
Heading 2
FG reiterates commitment to ensuring safe return of Nigerians from South Africa
“The last evacuation flight, which is expected to bring home approximately 300 of our nationals, is expected to arrive in Nigeria next week,” Mr Ebienfa said.
