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Firm To Establish Refineries In Ondo, Lagos - Politics - Nairaland

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Firm To Establish Refineries In Ondo, Lagos by Nobody: 1:13am On Dec 01, 2015
Okon Bassey in Uyo

Two refineries are to be established in Ondo and Lagos states in the next 18 months courtesy of the management of Ode-Aye Refinery Ltd.

Speaking with newsmen in Uyo, Akwa Ibom State capital, on Monday, the Director of the company, Prince Bayo Otulana, said the refineries would involve one Greenfield and a modular refineries with an estimated cost of the modular refinery put at $8 billion on completion.

Each of the refineries on completion would generate 1,000 direct employment and over 5,000 indirect jobs for Nigerians.

Otulana said that the module refineries would be expected to be completed within 18 months from January 2016 while the Greenfield major refinery would take a period of 36 months to be completed.

According to him, when completed, the Greenfield refinery would be expected to produce a minimum of 200,000bpd while the modular refineries with three units would produce 3000bpd in each unit.

The Director of the oil firm said that adequate arrangement had been put in place to ensure effective take off of the refineries in both state simultaneously in January 2017.
just came by to draw attention of lalasticlala to this

http://www.thisdaylive.com/articles/firm-to-establish-refineries-in-ondo-lagos/226762/
Re: Firm To Establish Refineries In Ondo, Lagos by ossaisly(m): 1:17am On Dec 01, 2015
k
Re: Firm To Establish Refineries In Ondo, Lagos by 400billionman: 2:03am On Dec 01, 2015
Story.

They will refine the oil from Ondo and Lagos oil fields
Re: Firm To Establish Refineries In Ondo, Lagos by mikolo80: 3:25am On Dec 01, 2015
8 billiom dollars or naira
Re: Firm To Establish Refineries In Ondo, Lagos by Standing5(m): 3:41am On Dec 01, 2015
400billionman:
Story.

They will refine the oil from Ondo and Lagos oil fields
With oil price dwindling the stubborn folks who hitherto opposed their Oyel going out will gladly sell. Plus ondo state has crude oil.

2 Likes

Re: Firm To Establish Refineries In Ondo, Lagos by mozel247: 4:07am On Dec 01, 2015
Major marketers to establish largest refinery in kogi state.. 2010...5years Lata, only signpost is there to show.. All is well with Nigeria.. Remove this fuel subsidy... U will see the rate at which infanyi uba, otedola and co will establish Modula refinery everywhere

1 Like

Re: Firm To Establish Refineries In Ondo, Lagos by Rotimi47: 4:08am On Dec 01, 2015
Ondo & Lagos have crude oil.

2 Likes

Re: Firm To Establish Refineries In Ondo, Lagos by Mynd44: 4:34am On Dec 01, 2015
Not Lagos again. Two refineries are already coming in Lagos and the construction has gotten well past half way. The include Dangote's 650,000bpd and 0ando's 350,000bpd.
They can move it to delta or Rivers state but not lagos.

Lagos is already overpopulated as it is

3 Likes

Re: Firm To Establish Refineries In Ondo, Lagos by Spicygal: 5:14am On Dec 01, 2015
Mynd44:
Not Lagos again. Two refineries are already coming in Lagos and the construction has gotten well past half way. The include Dangote's 650,000bpd and 0ando's 350,000bpd.
They can move it to delta or Rivers state but not lagos.

Lagos is already overpopulated as it is

By the time Biafra leaves Lagos, the population would drastically reduce.
Looking forward to that!

2 Likes

Re: Firm To Establish Refineries In Ondo, Lagos by Mynd44: 5:17am On Dec 01, 2015
Spicygal:


By the time Biafra leaves Lagos, the population would drastically reduce.
Looking forward to that!

Re: Firm To Establish Refineries In Ondo, Lagos by SLIDEwaxie(m): 5:22am On Dec 01, 2015
Mynd44:
Not Lagos again. Two refineries are already coming in Lagos and the construction has gotten well past half way. The include Dangote's 650,000bpd and 0ando's 350,000bpd.
They can move it to delta or Rivers state but not lagos.

Lagos is already overpopulated as it is
dude, you just wan collect the likes of the igbos.
why una go dey talk that kind nonsense?

which kind end time talk be dt sef?

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Re: Firm To Establish Refineries In Ondo, Lagos by Gombs(m): 5:26am On Dec 01, 2015
Mynd44:
Not Lagos again. Two refineries are already coming in Lagos and the construction has gotten well past half way. The include Dangote's 650,000bpd and 0ando's 350,000bpd.

They can move it to delta or Rivers state but not lagos.


Lagos is already overpopulated as it is

thanks, but no thanks

1 Like

Re: Firm To Establish Refineries In Ondo, Lagos by Mynd44: 5:29am On Dec 01, 2015
SLIDEwaxie:
dude, you just wan collect the likes of the igbos.
why una go dey talk that kind nonsense?

which kind end time talk be dt sef?
Who like don epp?
I am trying to be real here, the amount of industries going up in Lagos alone is too much.
Imagine the Lucky free trade zone which includes an airport and refinery
Eko Atlantic City
The Badagry deep sea port
The oil servicing plant
Ogando refinery
Throw in more and we residents will be in for Hall when there is land, space and opportunity in other places.
Re: Firm To Establish Refineries In Ondo, Lagos by starG7(m): 6:23am On Dec 01, 2015
Story for the gods grin
Re: Firm To Establish Refineries In Ondo, Lagos by zubizareta(m): 6:40am On Dec 01, 2015
I have stopped rejoicing on reading such news. Let us see the refineries completed then we can praise them..


Story for the gods..



Meanwhile, visit this thread for sales and installation of wallpapers, 3D panels etc..

www.nairaland.com/2740519/meriekriss-intl-services-sales-installations
Re: Firm To Establish Refineries In Ondo, Lagos by omowolewa: 6:57am On Dec 01, 2015
All I see for now is Dangote refinery, forget the dreams.

I wish them well.
Re: Firm To Establish Refineries In Ondo, Lagos by mazeltov(m): 7:07am On Dec 01, 2015
Lagos state has reached its diminishing return in terms of development and localisation of industries. There is need to extend the coverage to another state. It's well shaaa.
Re: Firm To Establish Refineries In Ondo, Lagos by Nobody: 8:30am On Dec 01, 2015
mikolo80:
8 billiom dollars or naira
I saw Dollar.
Re: Firm To Establish Refineries In Ondo, Lagos by veraponpo(m): 8:55am On Dec 01, 2015
This is a good news. We need more good news like this every where in Nigeria.

There must be massive investment from genuine investors every where to boost the economy, create jobs and increase IGR fro the state.
Re: Firm To Establish Refineries In Ondo, Lagos by Nobody: 9:54am On Dec 01, 2015
veraponpo:


This is a good news. We need more good news like this every where in Nigeria.

There must be massive investment from genuine investors every where to boost the economy, create jobs and increase IGR fro the state.

Media good news. It won't be seen on ground unless it is carried out by politicians.

How far with Dangote Refinery
Re: Firm To Establish Refineries In Ondo, Lagos by superstar1(m): 10:00am On Dec 01, 2015
Mynd44:
Not Lagos again. Two refineries are already coming in Lagos and the construction has gotten well past half way. The include Dangote's 650,000bpd and 0ando's 350,000bpd.
They can move it to delta or Rivers state but not lagos.

Lagos is already overpopulated as it is

Ibori Tompolo, Dokubo, Amaechi, Ateke, Odili etc should site theirs in Delta and Rivers. Ours will be anywhere in SW. If not Lagos, Ogun or Ondo are waiting in the wings.
Re: Firm To Establish Refineries In Ondo, Lagos by neolboy(m): 10:07am On Dec 01, 2015
OK we dey wait. More jobs in Ondo town
Re: Firm To Establish Refineries In Ondo, Lagos by comos: 10:21am On Dec 01, 2015
Establishing modular refinery in Lagos and Ondo while they are busy destroying the already existing and working ones in Niger-Delta
Re: Firm To Establish Refineries In Ondo, Lagos by samco19: 10:24am On Dec 01, 2015
K

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