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Nairaland Forum / Nairaland / General / Business / U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo (19550 Views)
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U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Truth234(m): 5:31am On Apr 28, 2017 |
U.S.-based businessman, Mr Charles Ihaza, says he has acquired about 453.9 hectares of land to establish a modular refinery in Eghudu, Ovia North East Local Government Area of Edo. Ihaza said this at an Open Forum organised on Environmental Impact Assessment (EIA) of the proposed refinery in Benin. He said that the project would cost over two billion U.S. dollars, adding that the refinery would produce about 80,000 barrels of refined petroleum products daily. “I know what it takes to establish and manage a refinery, and we are already discussing with the relevant Federal Government agencies on the immediate commencement of the project. “I decided to site the refinery in Eghudu so as to help our people back home in Nigeria, and I am very passionate about this project. “As part of our social corporate responsibilities to the host community, we are going to construct roads, build satellite clinics, standard primary and secondary schools and a functional international market,’’ he said. Ihaza, therefore, solicited the cooperation of the members of the community, urging them to work with the site engineers and other workers toward the successful execution of the project. Earlier, Mr Larry Edosomwan, who presented the EIA Report on behalf of the consultants, Vokosen Ltd., said that the report had captured all the socio-economic needs of the host community. “We have looked at the positive social and economic needs of the community, the aquatic environment, drainage and sewage management and treatment of effluents. “Forests will not be destroyed and wherever it happens, we will plant new trees. “We have ensured that we met all the requirements of the Federal Ministry of Environment and the Department of Petroleum Resources (DPR). We will mitigate all negative environmental impacts,’’ he said. Mr Joshua Taiwo, spokesman for the Minister of Environment, Alhaji Ibrahim Jubril, said that he was particularly happy that the project was named after the community. Taiwo said that the refinery project would provide jobs for the people and improve the socio-economic lives of the residents of the area. http://investorsking.com/u-s-based-businessman-set-2bn-dollar-modular-refinery-edo/ 16 Likes 2 Shares |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Nobody: 5:40am On Apr 28, 2017 |
My president is working. Mr Ihaza, just make sure you get your facts right and work with the right people and not the corrupt soul and watch your business expand in leaps and bounds. All the best sire! 21 Likes 1 Share |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Nobody: 6:01am On Apr 28, 2017 |
Good going... 2 Likes |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Blakjewelry(m): 6:07am On Apr 28, 2017 |
Good one but make them start am on time 3 Likes |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by pyyxxaro: 6:23am On Apr 28, 2017 |
Aunty Oshiomhole come and see oh |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Khd95(m): 6:38am On Apr 28, 2017 |
Oga ihaza,pls ve u consulted "ur village pple" too its very important nd neccessary,shey be na edo 15 Likes 2 Shares |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Khd95(m): 6:38am On Apr 28, 2017 |
Oga ihaza,pls ve u consulted "ur village pple" too its very important nd neccessary,shey be na edo 1 Like 1 Share |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Amoto94(m): 6:47am On Apr 28, 2017 |
Something to smile about this morning. God bless men of goodwill. Only if we can leverage on our population and strategic location we will have been competing with the likes of China for global dominance. May Nigeria and Nigerians change for good 25 Likes 1 Share |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by pat077: 7:31am On Apr 28, 2017 |
Good development 1 Like |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Tazdroid(m): 7:31am On Apr 28, 2017 |
$2b? |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by verygudbadguy(m): 7:32am On Apr 28, 2017 |
Welcome development. If Nigerians abroad can come back home and invest their fortune, this country will change in a blink of an eye. Well, the govt has a lot of roles for such to happen... Provide basic amenities and enabling policies, people will troop back home... 8 Likes 1 Share |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by DollarAngel(m): 7:32am On Apr 28, 2017 |
Cabals enjoying this oil money won't allow that refinery, you might set it up but our occultic leaders will manipulate the machine, just give it 2weeks it won't work again 4 Likes 1 Share |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by RealLordZeus(m): 7:32am On Apr 28, 2017 |
Khd95: You nailed it |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by rozayx5(m): 7:32am On Apr 28, 2017 |
handing over to Udom was the worst thing that Akpabio did state just went into a coma Akwa Ibom should have this and a functional Gas city project next to its seaport 4 Likes |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by PLANETMARS(m): 7:33am On Apr 28, 2017 |
buying bitcoin 390/$ |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Benekruku(m): 7:33am On Apr 28, 2017 |
Make dem just compensate the Super Eagles of Nigeria before there refinery explodes without notice. 1 Like |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Tazdroid(m): 7:33am On Apr 28, 2017 |
Khd95: Khd95: Twice? 2 Likes
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Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by takenadoh: 7:33am On Apr 28, 2017 |
You know how many people actually acquired licences to build refineries since the time of OBJ ? More than 14, how many actually started? None! So Anoda story 6 Likes |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Oladelson(m): 7:34am On Apr 28, 2017 |
so help him God! |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Pavore9: 7:34am On Apr 28, 2017 |
Khd95: "Village people" are good at messing up one's plan, it is their #softwork! 3 Likes |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by dessz(m): 7:34am On Apr 28, 2017 |
Khd95:u are correct am a Benin guy so I understand cos this the way they will fly to spoil ur plan ; 7 Likes 1 Share
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Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by uselessIDIOT(m): 7:34am On Apr 28, 2017 |
Thank God oooo atleast work dey come |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by TeamSimple(m): 7:35am On Apr 28, 2017 |
taribojacob:You are on the wrong thread. 5 Likes |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by wayne4loan: 7:35am On Apr 28, 2017 |
. |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Nobody: 7:35am On Apr 28, 2017 |
This is the impact of deregulation in the downstream petroleum sector. I am pretty sure more investor will venture into refinery in the nearest future. God bless Nigeria 1 Like |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by AntiWailer: 7:36am On Apr 28, 2017 |
Good news. |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by ifyalways(f): 7:37am On Apr 28, 2017 |
Interesting. . . Let's see hope the Polithiefcians and their cronies won't frustrate him out. |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by Splashme: 7:38am On Apr 28, 2017 |
Ds |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by martineverest(m): 7:40am On Apr 28, 2017 |
Obaseki had started working already... Good one for edo ppl.... Bad one for militant states 4 Likes 1 Share |
Re: U.S. Based Businessman To Set Up $2bn Dollar Modular Refinery In Edo by aribisala0(m): 7:43am On Apr 28, 2017 |
People are so gullible they will believe anything 3 Likes |
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