The modular refinery in Edo state said to be 95 percent completed in mechanical works will attract more investment in modular refineries in Nigeria, generate employment and reduce youth restiveness in the Niger Delta upon completion.
This disclosure was made by the Senior Special Assistant to the President on Niger Delta Affairs, Edobor Iyamu, who spoke during an inspection visit to the refinery sited at Ologbo, Ikpoba Okha Local Government Area of Edo state. He commended the Edo State Government for ensuring that the Modular Refinery comes on stream.
Iyamu said the establishment of the Refinery in the state is in line with the new vision of the federal government for the Niger Delta, ensuring that the people benefit maximally from the wealth in the region.
He added that the project is aimed at promoting the establishment of Modular Refinery projects in the Niger Delta region to attract needed investment in oil and gas to the area.
Michael Osime,Chairman Edo Refinery and Petrochemical Company who was represented by the Company’s Global Advisor, Frans Ojielu, said the Edo state government have supported the company with seven hundred million naira tagged project support fund.
He said the six thousand barrels per day plant also has a fabrication yard to boost local capacity to produce materials as well as provide a robust support for establishment of more modular refineries.
Osime disclosed that discussions are ongoing with the Ambrose Alli University to assist the institution in training Nigerians for the oil and gas industry.
According to him, “In 2016, the Vice President, Prof. Yemi Osibanjo embarked on a tour of the region where he met with key stakeholders to deliberate on ways of improving the socio-economic wellbeing of the people of the Niger Delta region, which is in line with the six-point agenda of President Buhari”.