OGUN State government has signed an agreement with a consortium of four private companies to build the second largest petroleum refinery in sub-Saharan Africa and the largest depot in Nigeria.
In a massive undertaking designed to make Nigeria a major supplier of petroleum end products, Chief Segun Adebutu, the chairman of the Petrolex Group, led other partners in the consortium to the office of the state governor for the agreement signing ceremony.
Chief Adebutu said the two projects, when completed, would generate not less than 2,000 employment opportunities for the citizens and greatly increase the socio-economic condition of the state.
He added that the refinery was situated in Odogbolu Local Government Area of the state. Speaking during the ceremony, Governor Ibikunle Amosun assured the consortium of his administration’s commitment to fully support the project.
Governor Amosun said: “We have the political will and we will support the project fully. You can be rest assured that I will get involved when necessary in order to ensure that the project is a success.
"Any government that will get it right indeed must be private sector driven. In this respect, Ogun State did not just want any investment but that which would truly support the dreams, goals and economic drive of the present administration in the state."
Furthermore, the governor disclosed that his administration would always support people of like minds who would in turn bring positive economic development to the state. Firms involved in the consortium include Petrolex Oil and Gas, Hyundai, Ajayi Legal Partners and Wema Bank.
Comments
Post a Comment