richidinho:


But they will invest their money on the pipeline that will transport crude from the region to the refinery abi?

cosby02:

Whats your problem with that Your orientation is so bad to the extend that, you dont think there's crude oil anywhere in tbe world aside ND.

richidinho:


na Lagos and Ondo Oil go service the 2nd biggest refinery in Africa?

bodee:
Investors still prefer the place rather than the crisis-laden region.

Pls about your signature, how can one go about it?

MadCow1:



I believe Ogun has crude Oil..

wiseoneking:
He is right. You are ignorant. The crude oil is still from Niger Delta not just ondo or eko

matthew41:
. You are right, there is crude oil deposit at TONGEJI ISLAND in IPOKIA LGA of Ogun

EbiClems:
Some of you don't know history. Let me tell you the government is the cause of the unrest in the ND area. Go and make research if you don't know. The ND people are peace loving,but the government is heartless and wicked. Pls you don't know anything, if this oil happen to be in the North we won't have been talking about one Nigeria yet they use their military power to share the oil among themselves in the name of govt. Don't talk anyhow if you lack knowledge

wristbangle:
The Ogun State Government, on Wednesday, signed an agreement with a consortium of four private companies to build the second largest refinery in sub-Saharan Africa and the largest petroleum product depot in Nigeria.

The Chairman, Petrolex Group, Mr. Segun Adebutu who led other partners in the consortium to the office of the Ogun State Governor for the agreement signing ceremony, said the two projects, when completed would generate not less than 2000 employment opportunities for the citizens and greatly increase the socio-economic condition of the state.

He said the refinery is situated in the Odogbolu Local Government Area of the state.

Speaking during the ceremony, Ogun State Governor, Senator Ibikunle Amosun, assured the consortium of his administration’s commitment to fully support the project.

“We have the political will and we would 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,” the governor said.

Governor Amosun added that, “any government that will get it right indeed must be private sector driven.”

In this respect, Governor Amosun said Ogun State does not just want any investment but that which will truly support the dreams, goals and economic drive of the present administration in the state.

The Governor disclosed that his administration will always support people of like minds who will in turn bring positive economic development to the state.

The firms involved in the consortium include Petrolex Oil and Gas, Hyundai, Ajayi Legal Partner and Wema Bank PLC.

Adejuwon Soyinka
Senior Special Assistant (Media)
Ogun State Governor

Source:
http://www.flatimes.com/2016/09/ogun-state-signs-agreement-build-africa-second-largest-refinery.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Flatimes+(Flatimes)&m=1

when completed would generate not less than 2000 employment opportunities for the citizens and greatly increase the socio-economic condition of the state.

nijanigga:
Nigeria,the dead giant of Africa, while the rest of the world have bid bye to oil and exploring alternatives, Nigeria is building the second biggest refinery.

naijababe:


On the contrary, a refinery is a much needed infrastructure in a country as big as Nigeria, the unavailability many of the feedstock from crude oil is one of the reasons why the manufacturing sector remains comatose. Having said that, I wish these b1tches will invest in capital infrastructure first i.e. good and well linked roads would be a start.

ElsonMorali:


I detect painment here. Are you by chance from the land of the rising sun or from the land of the black gold?

nijanigga:

no by brother, where I dey native Indians are protesting against laying oil pipelines on their land, they know the effects of oil pollution.Nigeria without regulations, when small spill, in your farmland,your land don begin dey go be that. Ask ogoni people.
https://www.google.com/search?q=native+indians+fighting+oil+pipelines&biw=1366&bih=657&tbm=isch&tbo=u&source=univ&sa=X&ved=0ahUKEwji2L7d-rTPAhWHKWMKHZr-Dv4QsAQIGw

richidinho:


But they will invest their money on the pipeline that will transport crude from the region to the refinery abi?

richidinho:
Looking for trouble everywhere, Why cant they build cocoa refinery?

When you hear them talk about diversifying one will think they are serious.

NIGERIA GOVT sleep crude oil, wake up crudeoil, but refuse to invest in the region that harbour the oil rather prefer to spend billions of naira on security to bomb the region, lets see how it will end shaa

*****modified*****
For those of you quoting me to say crude can be imported, i pray ooooo

Hope there is enough dollar for that?

DeLaRue:



Sao Tome, Gabon and Angola which are not that far from Lagos and Ogun can all supply the crude.


Btw, Angola produces more crude oil than the Niger Delta.

fitinwell:


[size=18pt]I don't have problem with these project and signing blah blah ba... i was only concern when i read this line that say is that how much less they can take...? [/size]

kjhova:


Actually Ogun State has been forefront leaders in infrastructural investment in recent times. It really isn't fair for you to refer to them (whoever these are) as bi*ches as this is a gross abuse of people you don't know well enough to make such opinion.

In my opinion, between governors Amosu and Ambode, these guys may just be quielty building the biggest industrial/financial axis from Lekki to Sagamu in Nigeria for decades to come. It will be so nice to see nuclei like this springing up elsewhere e.g.; Kano-Kaduna axis, Aba-PH axis etc etc. The Niger Delta and the N/East in particular are at grave risk of falling behind the rest of Nigeria as they will struggle for years to come to attract infrastructural investment funding due to insecurity and bad reputation.

It is also great to see Wema Bank in the mix of investors. For so long, Nigerian banks have been accused of acting more as traders rather than invest in the real sector.

May Nigeria be a worthy nation in our lifetime.

ElsonMorali:


I'm in agreement with you.

Even apart from the spill, it has been discovered that mining natural resources makes the government lazy and unproductive compared with if they have to find other ways to sustain the economy.

I'd prefer an economy based on real manufacturing and trade than natural resources based.

aarressa:




1. 2000 thousand is massive.

2. Many more thousands are going to be hired by industries and factories set to benefit from the many by products from this refinery

3. IGR from 2000 workers and the money 2000 people recycle back into the economy in form of purchases, bill payments and life's necessities means stronger GDP and economic base.

4. Even if this refinery created 1 single job, it means one less unemployed Nigerians, it means 1 Nigerian family with food on the table.



It is not by force to criticize especially when your criticism makes you sound shallow and empty..

nijanigga:

see Japan, where only brain brings money.

fitinwell:


You have been a gentle man,by giving your side of the story.. Next time please don't drop your good sense of reasoning until you have signed off from nairaland because you had a good start ..but every poor ending.. use your head next time. [/size]