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Nairaland Forum / Nairaland / General / Politics / Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant (3107 Views)
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Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by jazzydee: 6:37am On Aug 15, 2014 |
In furtherance of his administration's efforts to promote industrialisation in the country, President Goodluck Jonathan yesterday performed the groundbreaking ceremony for the construction of a $1.5 billion methanol plant in Ibeno, Akwa Ibom State, by Quantum Petrochemical Company Limited, a company established by the Founder of Zenith Bank Plc, Mr. Jim Ovia. Speaking at the ceremony, Jonathan said the federal government has sought to support such gas-based industries through the gas master plan strategy and would continue its efforts to make gas available for such projects. He therefore advocated the establishment of more petrochemical plants in the country to create wealth and boost the country's foreign exchange earnings. “This $1.5 billion plant will put Nigeria on the global map for petrochemicals processing, particularly given the role that global brands such as IHS and Saipem are playing as the consultants and project developer of the initiative respectively. “The Federal Government of Nigeria lends it support wholeheartedly to ensuring the success of this project. I would like to encourage Mr. Jim Ovia and his board not to relent in their efforts to support the growth of entrepreneurship in the Nigerian economy,” he said. The president also thanked the host community for providing land for the project, pointing out that the country needed more of such projects meant to provide direct and indirect jobs for the teeming populace and reduce poverty. Governor of Akwa Ibom State, Godswill Akpabio, described Jonathan as a transformational leader, noting that he had touched all sectors of the economy. http://www.thisdaylive.com/articles/jonathan-inaugurates-ovia-s-1-5bn-petrochemical-plant/186389/ 4 Likes
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Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by iiichidodo: 6:40am On Aug 15, 2014 |
Akwa Ibom adigo mma... 5 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Ahasco(m): 6:50am On Aug 15, 2014 |
Keep it up |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Atouke: 6:55am On Aug 15, 2014 |
This is the best piece of news from Akwa Ibom. a heavy industry like petrochemical and methanol plant will birth lots and lots of small scale industries that will utilize the base material from the plant to produce other goods. Lots of jobs and opportunities will popup in Akwa Ibom as a result of this. good job ovia for bringing this huge investment to Nigeria. 8 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Jaideyone(m): 6:58am On Aug 15, 2014 |
lol that look on Jonah's face 2 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by rozayx5(m): 6:58am On Aug 15, 2014 |
Atouke: This is the best piece of news from Akwa Ibom. a heavy industry like petrochemical and methanol plant will birth lots and lots of small scale industries that will utilize the base material from the plant to produce other goods. Lots of jobs and opportunities will popup in Akwa Ibom as a result of this. good job ovia for bringing this huge investment to Nigeria. True, that how port harcourt grew 3 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nctrice(m): 7:08am On Aug 15, 2014 |
rozayx5:if Only Nigeria would allow the sea port in Ibaka run in full capacity, it would aid industries move their raw materials and finished goods easily. Hence development would spread to every nook and cranny of Nigeria just as it is in Lagos and her Neighbouring state 5 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nobody: 7:08am On Aug 15, 2014 |
9c 1; well done jim ovia, u d man!!! |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by rozayx5(m): 7:12am On Aug 15, 2014 |
Mods front page, this is Good news and not a bomb 2 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by tomakint: 7:31am On Aug 15, 2014 |
With a massive company as this, the multiplier effect on the economy on the long run can put Nigeria in the top 20 Industrialized Economy in the next 10 years if well utilized. Akwa Ibom is the bomb, with a standard stadium, world class hotel resort and now this.....I see no reason if the sea port at Ibaka is opened how this blessed State will not be a force to be recognised in the whole world. GEJ is working, haters are foaming at the mouth 7 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by okosodo: 7:31am On Aug 15, 2014 |
This is no good news to the northerners o. This is the kind of things they have been trying to fight against with both arewa and bombs 9 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Atouke: 7:34am On Aug 15, 2014 |
more pictures of the inauguration pic by skyscrapercity 1 Like
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Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by ujoinme: 7:39am On Aug 15, 2014 |
This is goodnews for Akwa Ibom and Nigeria in general kudos to all the stakeholders for bringing this project to Nigeria. 3 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by ujoinme: 7:41am On Aug 15, 2014 |
tomakint: With a massive company as this, the multiplier effect on the economy on the long run can put Nigeria in the top 20 Industrialized Economy in the next 10 years if well utilized. Akwa Ibom is the bomb, with a standard stadium, world class hotel resort and now this.....I see no reason if the sea port at Ibaka is opened how this blessed State will not be a force to be recognised in the whole world. GEJ is working, haters are foaming at the mouth The seaport project will be realized soon, all preliminary surveys and permits has been completed. 5 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nobody: 7:43am On Aug 15, 2014 |
okosodo: This is no good news to the northerners o. This is the kind of things they have been trying to fight against with both arewa and bombs They have their own Dangote and Dantata who are doing very well, so no need to tribalize the issue besides they don't have gas ! 2 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by jazzydee: 7:45am On Aug 15, 2014 |
The president opened/commissioned the completed $600m gas processing plant at Esit Eket and laid the the foundation for a $1.5bn petrochemical and methanol plat at ibeno all in the same day. Good things are happening in Akwa Ibom, the foundation for the industralization of the state is being laid. 5 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Atouke: 7:50am On Aug 15, 2014 |
jazzydee: The president opened/commissioned the completed $600m gas processing plant at Esit Eket and laid the the foundation for a $1.5bn petrochemical and methanol plat at ibeno all in the same day. you are so correct. a heavy industry like a petrochemical and mrthanol plant is the foundation that will support lots of light/small industries that will convert the raw materials from the heavy industry into finished goods. A solid industrial foundation has been laid in the state. lots of jobs on the horizon. 5 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by jazzydee: 7:59am On Aug 15, 2014 |
Atouke: The good things that are beginning to happen in Akwa Ibom is a direct result of what happens when a govt. chooses to invest in infrastructures. industrialization and business follow areas with good infrastructures. 4 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Atouke: 8:34am On Aug 15, 2014 |
jazzydee: Mobil exxon is building a 576MW power plant at its operational base at ibeno, ovia petrochemical plant will be located very close to this power source it will get constant electricity from there for its operation, and can also get gas from newly opened Uquo processing plant which is close by if it chooses to generate his own electricity. Akwa Ibom is a great site for industries. 6 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by signz: 9:07am On Aug 15, 2014 |
ujoinme: Oga biko how soon is soon? My fear is that Akpabio may have a disagreement with his successor and this ibaka project will be stopped indefinitely since its a state govt project. We need this ibaka to work. Meanwhile, I thought Bayelsa is building their own sea port too? How is that project? |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by ak47mann(m): 9:15am On Aug 15, 2014 |
Impressive!by the time the whole thing set up akwa-ibom will be a state the whole of africa need a visa to visit 9 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by gunuvi(m): 11:29am On Aug 15, 2014 |
Jonathan you too dey perform o. you be winch 6 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nobody: 11:30am On Aug 15, 2014 |
Why is Diezani here? Is she from Akwa-Ibom state? |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by shizzle11(m): 11:37am On Aug 15, 2014 |
This is a landmark development. I feel highly elated for my akwa ibom brothers. I hope some good for nothing infidels from the South West won't come and derail this thread with their usual madness and stewpidity. Akwa ibom ayaya'oo! God bless Jim Ovia! God bless Gods will Akpabio!! God bless president Goodluck Jonathan!!! 1 Like |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nobody: 11:39am On Aug 15, 2014 |
so when did jonathan change his ADC?? |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nonybb: 12:06pm On Aug 15, 2014 |
GEJ TILL 2019 Shame on some victims of Ahmed Ebola Thieftnvbu and his Company 2 Likes |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by nduchucks: 12:09pm On Aug 15, 2014 |
Cool. But I bet Patience is boiling because of the proximity of madam Ministresss to her husband. Can't the ministress stay at least one human being awy from GEJ ? |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by IGBOSON1: 12:48pm On Aug 15, 2014 |
jazzydee: ^^^Precisely! This is the same philosophy in Enugu......build the basics first, and investors will come! 1 Like |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by kelvincoll(m): 12:51pm On Aug 15, 2014 |
Keneking: Why is Diezani here? Is she from Akwa-Ibom state? She is the Minister for Petroleum Resources, the Mother of the industry that has everything to do with this Petrochemical plant and other similiar nationwide 1 Like |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nobody: 12:56pm On Aug 15, 2014 |
kelvincoll: Great comment from an asslickor |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nobody: 12:57pm On Aug 15, 2014 |
himkers: so when did jonathan change his ADC?? I think the guy has gone on leave or something...I just like the other ADC guy. This one looks like a yaraba ADC; what do you think? 1 Like |
Re: Jonathan Inaugurates Ovia’s $1.5bn Petrochemical Plant by Nobody: 1:00pm On Aug 15, 2014 |
Keneking: The other guy is way better and there is this kind of mean-smile that is always on his face... Maybe he's actually gone on leave; coz he went to washington (US Africa summit) with GEJ. |
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