THE Ogun State governor, Senator Ibikunle Amosun, has disclosed that five refineries have been approved by the Federal Government for the state.

Amosun said this at the weekend, during his official tour to Ipokia Local Government Area of the state, adding that the presidency had given the approval to establish the five refineries in the council area, having been satisfied with report of oil discovery in the area.

Amosun said the development would transform the council, saying that no fewer than 400 companies had indicated interest to establish refineries and general investment in the state, a month after the investment summit organised by the state government.

He noted that his administration would expand the Idi-Iroko-Ipokia road, to pave the way for the expected development in the council.

Governor Amosun appealed to the Federal Government to consider constructing a link bridge between Ipokia and Badagary in Lagos State, to further boost the economy of the area.

He assured that both Owode-Ilaro and Papalanto-Ilaro roads, belonging to the Federal Government, would be rehabilitated and expanded.

Meanwhile, there was pandemonium when smugglers trying to evade arrest from the men of the Nigerian Customs Service drove into the convoy of Governor Amosun, at Idi-Iroko, when the governor was returning to Abeokuta, the state capital.

http://www.tribune.com.ng/index.php/news/40439-fg-approved-5-refineries-for-ogun-amosun

Complete waste of funds.

5 refinery in a state is just a waste, I would have preferred 1 or 2 in Ogun or Ogun and Ondo

1 in Anambra

3 in the Niger-delta region.

I don't understand why heavy oil (bituminous sands) which is the only or major source of Oil in Canada is not least explored in Nigeria ?

Hmmmmm

Apparently both light and heavy oil are found in the SW. Na wa for those calling others parasites o !

written by Emeka K Duru, May 07, 2012

There can be a stupid developmental agenda,and if there was one,this is it.How can any sensible person ask for 5 refineries to be built when the 4 we have are poorly maintained.The for Shell CEO warned Nigeria about having a new refinery because of the glut of same in the world.While that does not stop us,as an oil producing country,anything more than 6 refineries for the whole country will be white elephant project.We must stop behaving like mentally challenged people, always jumping on a bandwagon.


^^^^ well said

alj harem: written by Emeka K Duru, May 07, 2012

There can be a stupid developmental agenda,and if there was one,this is it.How can any sensible person ask for 5 refineries to be built when the 4 we have are poorly maintained.The for Shell CEO warned Nigeria about having a new refinery because of the glut of same in the world.While that does not stop us,as an oil producing country,anything more than 6 refineries for the whole country will be white elephant project.We must stop behaving like mentally challenged people, always jumping on a bandwagon.


^^^^ well said

It may be that 5 sites are in contention. Nigerian journalism somewhat suffers from 'lost in translation' moments. I don't think it makes economic or physical sense to situate 5 refineries in any one State.

Gbawe:

It may be that 5 sites are in contention. Nigerian journalism somewhat suffers from 'lost in translation' moments. I don't think it makes economic or physical sense to situate 5 refineries in any one State.

I do hope so my brother, I don't know whether these people think they are talking to dumb people.