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38 Investors To Establish Refineries In N/delta – Osinbajo - Politics - Nairaland

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38 Investors To Establish Refineries In N/delta – Osinbajo by zakim(m): 7:08am On Dec 31, 2017
Thirty eight licensed privately financed greenfield and mini-modular refinery investors have so far indicated interests in establishing refineries in the Niger Delta region, Vice President Yemi Osinbajo has disclosed.

The vice president said at least ten of the licensed refineries investors were at an advanced stage of development.

He quoted a report received at the end-of-the-year meeting of the Niger Delta Inter-Ministerial Committee at the Presidential Villa in Abuja before the holidays, according to a statement Saturday by his spokesman, Laolu Akande.

“The advanced stage of development means that these projects have passed the Licence to Establish (LTE) stage, while some have the Authority to Construct (ATC) licence or close to having it because they have met some critical requirements in the Licensed stage. There are three stages in the process of refinery establishment,” he said.

“So far, 10 modular refineries are located in five out of the nine states in the Niger Delta region; namely Akwa Ibom, Cross River, Delta, Edo and Imo states. Also, two out of these 10 - Amakpe Refinery meant to be located in Akwa Ibom, and OPAC Refinery to be based in Delta State - have their mini-refineries modules already fabricated, assembled and containerized overseas, ready for shipment to Nigeria for installation. The total proposed refining capacities of the 10 licensed refineries stands at 300,000 barrels,” the statement explained.

https://www.dailytrust.com.ng/38-investors-to-establish-refineries-in-n-delta-osinbajo.html

Re: 38 Investors To Establish Refineries In N/delta – Osinbajo by sarrki(m): 7:12am On Dec 31, 2017
Following
Re: 38 Investors To Establish Refineries In N/delta – Osinbajo by elibest360(m): 7:17am On Dec 31, 2017
shocked
Re: 38 Investors To Establish Refineries In N/delta – Osinbajo by ourfather: 7:27am On Dec 31, 2017
Re: 38 Investors To Establish Refineries In N/delta – Osinbajo by thesicilian: 7:35am On Dec 31, 2017
They should repair the existing ones instead.
Re: 38 Investors To Establish Refineries In N/delta – Osinbajo by mamaafrik(m): 7:50am On Dec 31, 2017
Let's know when they are true, u too deary lie uncle.
Re: 38 Investors To Establish Refineries In N/delta – Osinbajo by okosodo: 7:56am On Dec 31, 2017
These people has lied too much for us to be believing anything they say. Another day he will come out to say that it was investors that bought 38 tankers and his supporters will clap
Re: 38 Investors To Establish Refineries In N/delta – Osinbajo by Eggcelent(m): 8:02am On Dec 31, 2017
I Hope For Success Of These Modular Refineries. It Will Not Only - In Addition To Dangote Refinery - Eradicate Seasonal Fuel Scarcity But Will Also Reduce Illegal Oil Bunkering & It's Attendant Environmental Pollution In The Niger Delta

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