₦airaland Forum

Yobabad:
Ok noted, unity begars (Yoruba Muslims Miscreants,) will not like this

Please the purpose of this post is to create awareness of some development happening in Imo State and how the general public or investors can key into many opportunities in the state, not for ethnic bashing and insult. once again, please stop

SocialJustice:
Pretty impressive. Omo is transforming into a major downstream player.

you can say that again, Innoson (IVM) is also expected to perform his ground breaking later this year, many investors are coming into the state lately

more

more

pictures

The two biggest investment in imo state right now, Imo State is raising

1 - Seplat Gas
2 - Walter Smith Refinery.

This is the right time to invest in imo state. Investing in the hospitality industry, real estate, Services sector etc because, I foresee massive economic activities from now on, Waiter Smith is starting operations this month 14th October, while Seplat is next year, hurry now and book your space early, because of stories that touch.

Please read:

Imo modular refinery will employ 2,000 youths – Wabote


A modular refinery , located in Imo State , with the capacity of 5 ,000 barrels per day will commence operations in October, the Nigerian Content Development and Monitoring Board has said .
The Federal Government, on Tuesday , applauded Waltersmith Petroman Oil Limited and the Nigerian Content Development and Monitoring Board for their effective partnership that led to the record completion of the modular refinery within two years, according to a statement on Wednesday .
The Minister of Information and Culture , Alhaji Lai Mohammed, was said to have conveyed the commendation after touring the project located at Ibigwe , Ohaji /Egbema LGA , Imo State.
The NCDMB said the refinery was started in October 2018 and would commence operations on October 14 , 2020 , loading out 23 trucks of refined products per day , having concluded off -take arrangements with select firms.
The minister was quoted as saying that the completion of Waltersmith modular refinery and conceptualisation of similar projects in Bayelsa State were key achievements of the current administration .
He described modular refineries as key to meeting the Federal Government ’s agenda of increasing local refining capacity and enhancing value addition to hydrocarbon resources and employment generation .
He said the government , through its relevant ministries and agencies , would provide Waltersmith with all the necessary support to operate and grow sustainably .
He said the refinery will employ 2 ,000 youths.
The Executive Secretary , NCDMB, Mr Simbi Wabote, said the board moved quickly to invest 30 per cent equity in the Waltersmith modular refinery project with the approval of its governing council.
According to him, one of NCDMB ’s mandates is to develop in -country capacities and capabilities to utilise and add value to the nation ’s hydrocarbon resources , while its vision is to serve as a catalyst for the industrialisation of the Nigerian oil and gas industry and its linkage sectors .
“ This vision contributes to the realisation of our 70 per cent Nigerian content target in the oil and gas sector by 2027 . Our partnership with Waltersmith and other similar investments are some of the levers we are using to deliver the target growth rate , ” he said.
Wabote said at least 10 per cent of Nigeria ’s oil production should be refined through modular refineries .
According to him , an average of 10 direct jobs are created for every 1 ,000 bpd capacity of modular refinery ; hence , over 2 ,500 direct jobs and over 25 ,000 indirect jobs can be created if 10 per cent of Nigeria’ s production is refined using modular refineries.


In his welcome remarks , the Chairman , Waltersmith Petroman Oil Limited, Mr Abdulrasaq Isah , indicated that the company decided to embark on the modular project as a strategy to address incessant pipeline vandalism and theft of its crude oil products .
He said the project would also ensure import substitution , energy security for the nation , lower of the company ’s operating cost and create lots of jobs .
He said the company planned to expand the refinery ’s production capacity to 50 ,000 bpd .
Isah said , “ We have started with the first module , which is 5 ,000 barrels . The next module will be 25 ,000 barrels . Then the final module will be 20 ,000 .
“ At that point we will be loading 120 trucks every day at peak production , comprising different products - diesel , kerosene, petrol , heavy fuel oil and jet fuel .”
He confirmed that loading of products would commence on October 14 , starting with diesel , to be followed closely with the commencement of the phase two of the project .
Isah also endorsed Federal Government ’ s deregulation of the downstream subsector , saying , “ The removal of subsidy has created a market for what we are doing. It also facilitates our ability to raise financing for the next module we will be doing .”


Seplat’s $700m Imo gas project to transform state, assures Orjiako

A $700 million gas project being developed in Imo State by Seplat Petroleum Development Company, an indigenous independent oil and gas company in Nigeria, will transform the state’s economy in all spheres, Bryant Orjiako, the company’s chairman, has assured.

The construction of the multi-million dollars gas process plant has commenced in the oil producing Ohaji/Egbema Local Government Area of the state and Orjiako led a strong management team on a visit to Governor
Emeka Ihedioha in Owerri Tuesday.

As a gas developing and commercializing company the trickle down effects of the project in the state would help in transforming the state in all spheres.

He urged the Imo government, as well as the people of the state, especially the host communities, to give the required cooperation and enabling environment for the project to materialize.

“Shortly after we acquired our asset in Imo State in 2016, the asset OML53, which was originally owned by Chevron, we have incrementally ramped up the production from less than 3,000 barrels per day. We are currently doing 9,000 barrels per day. We are hoping that in the next 12 months we should be thinking of 15,000 barrels per day and that is the beginning.

“More importantly we emphasize that we are a company that commercializes gas and also develops it and as at today, we produce 30 percent of gas to power in Nigeria and we are the only indigenous company doing this,” he explained.

According to Orjiako, Seplat took an investment decision early this year to invest $700 in the ANOH project phase one, which is to be situated in Imo state, adding that the project had been in the pipeline for decades but that once Seplat took over the asset, it made it a priority.

“Obviously, the trickledown effect of that project in Imo state is capable of completely synergizing with your vision for the state and will transform development in Imo state. What we expect is to have the right cooperation and for Imo state to also position itself and create the right environment for us to do business,” Orjiako told the governor.

Austin Avuru, Seplat’s chief executive officer, explaining the benefits of the project to Imo state to Ihedioha, promised that the company would fulfil its corporate social responsibility (CSR) to the state and
especially the host communities as the company had succeeded in Edo and Delta states.

“We will build trust with the communities and also build trust with your government, we will not come to disturb you, probably you won’t see us again but your key cabinet personnel will monitor the things we do and
report back to you. We supply one-third of the gas to plant in Nigeria.

We are building another one of 75 MMscfd in Sapele, we will build this one in Ohaji Egbema because we supply gas to the domestic market,” Avuru said.

According to him, most companies offer token to buy peace. “We don’t do that,” he said, adding, “Those that are fighting us in Sapele, we fought them. Those who are going to work with us we work with them. When those
who are fighting us saw what was happening to those working with us, they turned around to work with us. We don’t pretend.

“We give you jobs we can do and develop your capacity to do bigger jobs.
We will like to see the growth of indigenous capacity in delivering jobs, that’s how we operate and our flagship corporate social responsibility programmes like the ‘Eye can See’ programme is the most famous medical outreach in Edo and Delta states, we have a system and structure that can handle problems,” Avuru said.

Governor Ihedioha commended Seplat for the choice of Imo and promised to provide all enabling environment and support for the project to thrive.

“We want to assure you of our sense of dedication and commitment to grow private sector business in our state to encourage investments. Ours is a disciplined administration and we dare say that we are not greedy.

“We understand the responsibilities of businesses to a state and we also understand the point of convergence and understand how civilized relationships can be built. So we are ready and set for civilized
collaborative relationships,” said Ihedioha


https://www.businessamlive.com/seplats-700m-imo-gas-project-to-transform-state-assures-orjiako/

OkuFaba:
The rich and wealthy have already booked space for their children there.


The poor who would apply in millions would then be allowed to fight for 25 slots comprising of drivers, security and other lower spaces..


This life no balance true true

that is true, but we can't relent in our efforts to promote investment as government or individuals by bringing this kind of information to the general public to prove that our environment is safe for investment

The two biggest investment in imo state right now, that will turn around the state and it's people's fortune for good.

Seplat Gas
Walter Smith Refinery.

This is the right time to invest in imo state. Investing in the hospitality industry, real estate, Services sector etc because there is going to be massive economic activities from now on, Waiter Smith is starting operations this month 16th October, while Seplat is next year, hurry now and book your place.

Please read:

Imo modular refinery will employ 2,000 youths – Wabote

A modular refinery , located in Imo State , with the capacity of 5 ,000 barrels per day will commence operations in October, the Nigerian Content Development and Monitoring Board has said .
The Federal Government, on Tuesday , applauded Waltersmith Petroman Oil Limited and the Nigerian Content Development and Monitoring Board for their effective partnership that led to the record completion of the modular refinery within two years, according to a statement on Wednesday .
The Minister of Information and Culture , Alhaji Lai Mohammed, was said to have conveyed the commendation after touring the project located at Ibigwe , Ohaji /Egbema LGA , Imo State.
The NCDMB said the refinery was started in October 2018 and would commence operations on October 14 , 2020 , loading out 23 trucks of refined products per day , having concluded off -take arrangements with select firms.
The minister was quoted as saying that the completion of Waltersmith modular refinery and conceptualisation of similar projects in Bayelsa State were key achievements of the current administration .
He described modular refineries as key to meeting the Federal Government ’s agenda of increasing local refining capacity and enhancing value addition to hydrocarbon resources and employment generation .
He said the government , through its relevant ministries and agencies , would provide Waltersmith with all the necessary support to operate and grow sustainably .
He said the refinery will employ 2 ,000 youths.
The Executive Secretary , NCDMB, Mr Simbi Wabote, said the board moved quickly to invest 30 per cent equity in the Waltersmith modular refinery project with the approval of its governing council.
According to him, one of NCDMB ’s mandates is to develop in -country capacities and capabilities to utilise and add value to the nation ’s hydrocarbon resources , while its vision is to serve as a catalyst for the industrialisation of the Nigerian oil and gas industry and its linkage sectors .
“ This vision contributes to the realisation of our 70 per cent Nigerian content target in the oil and gas sector by 2027 . Our partnership with Waltersmith and other similar investments are some of the levers we are using to deliver the target growth rate , ” he said.
Wabote said at least 10 per cent of Nigeria ’s oil production should be refined through modular refineries .
According to him , an average of 10 direct jobs are created for every 1 ,000 bpd capacity of modular refinery ; hence , over 2 ,500 direct jobs and over 25 ,000 indirect jobs can be created if 10 per cent of Nigeria’ s production is refined using modular refineries.


In his welcome remarks , the Chairman , Waltersmith Petroman Oil Limited, Mr Abdulrasaq Isah , indicated that the company decided to embark on the modular project as a strategy to address incessant pipeline vandalism and theft of its crude oil products .
He said the project would also ensure import substitution , energy security for the nation , lower of the company ’s operating cost and create lots of jobs .
He said the company planned to expand the refinery ’s production capacity to 50 ,000 bpd .
Isah said , “ We have started with the first module , which is 5 ,000 barrels . The next module will be 25 ,000 barrels . Then the final module will be 20 ,000 .
“ At that point we will be loading 120 trucks every day at peak production , comprising different products - diesel , kerosene, petrol , heavy fuel oil and jet fuel .”
He confirmed that loading of products would commence on October 14 , starting with diesel , to be followed closely with the commencement of the phase two of the project .
Isah also endorsed Federal Government ’ s deregulation of the downstream subsector , saying , “ The removal of subsidy has created a market for what we are doing. It also facilitates our ability to raise financing for the next module we will be doing .”

https://punchng.com/imo-modular-refinery-will-employ-2000-youths-wabote/

Seplat Imo Gas Project

Seplat’s $700m Imo gas project to transform state, assures Orjiako

A $700 million gas project being developed in Imo State by Seplat Petroleum Development Company, an indigenous independent oil and gas company in Nigeria, will transform the state’s economy in all spheres, Bryant Orjiako, the company’s chairman, has assured.

The construction of the multi-million dollars gas process plant has commenced in the oil producing Ohaji/Egbema Local Government Area of the state and Orjiako led a strong management team on a visit to Governor
Emeka Ihedioha in Owerri Tuesday.

As a gas developing and commercializing company the trickle down effects of the project in the state would help in transforming the state in all spheres.

He urged the Imo government, as well as the people of the state, especially the host communities, to give the required cooperation and enabling environment for the project to materialize.

“Shortly after we acquired our asset in Imo State in 2016, the asset OML53, which was originally owned by Chevron, we have incrementally ramped up the production from less than 3,000 barrels per day. We are currently doing 9,000 barrels per day. We are hoping that in the next 12 months we should be thinking of 15,000 barrels per day and that is the beginning.

“More importantly we emphasize that we are a company that commercializes gas and also develops it and as at today, we produce 30 percent of gas to power in Nigeria and we are the only indigenous company doing this,” he explained.

According to Orjiako, Seplat took an investment decision early this year to invest $700 in the ANOH project phase one, which is to be situated in Imo state, adding that the project had been in the pipeline for decades but that once Seplat took over the asset, it made it a priority.

“Obviously, the trickledown effect of that project in Imo state is capable of completely synergizing with your vision for the state and will transform development in Imo state. What we expect is to have the right cooperation and for Imo state to also position itself and create the right environment for us to do business,” Orjiako told the governor.

Austin Avuru, Seplat’s chief executive officer, explaining the benefits of the project to Imo state to Ihedioha, promised that the company would fulfil its corporate social responsibility (CSR) to the state and
especially the host communities as the company had succeeded in Edo and Delta states.

“We will build trust with the communities and also build trust with your government, we will not come to disturb you, probably you won’t see us again but your key cabinet personnel will monitor the things we do and
report back to you. We supply one-third of the gas to plant in Nigeria.

We are building another one of 75 MMscfd in Sapele, we will build this one in Ohaji Egbema because we supply gas to the domestic market,” Avuru said.

According to him, most companies offer token to buy peace. “We don’t do that,” he said, adding, “Those that are fighting us in Sapele, we fought them. Those who are going to work with us we work with them. When those
who are fighting us saw what was happening to those working with us, they turned around to work with us. We don’t pretend.

“We give you jobs we can do and develop your capacity to do bigger jobs.
We will like to see the growth of indigenous capacity in delivering jobs, that’s how we operate and our flagship corporate social responsibility programmes like the ‘Eye can See’ programme is the most famous medical outreach in Edo and Delta states, we have a system and structure that can handle problems,” Avuru said.

Governor Ihedioha commended Seplat for the choice of Imo and promised to provide all enabling environment and support for the project to thrive.

“We want to assure you of our sense of dedication and commitment to grow private sector business in our state to encourage investments. Ours is a disciplined administration and we dare say that we are not greedy.

“We understand the responsibilities of businesses to a state and we also understand the point of convergence and understand how civilized relationships can be built. So we are ready and set for civilized
collaborative relationships,” said Ihedioha

https://www.businessamlive.com/seplats-700m-imo-gas-project-to-transform-state-assures-orjiako/

Arrewa:
see them... These same people will come online to tell you how backward and underdeveloped the north is.

See as una dey celebrate airport that we already have in the most poorest state in the north.

Why do you Igbos celebrate midiocrity?

Even your best airport in the north are not performing better than the southeast airports, Kano and Kaduna are not even performing better than Owerri and Enugu airport... Please find another thing talk

IDeyNL:
Imagine!

And we don't have it yet in Osun state after over 8 years it has been conceived

Whereas the poorest state in the north has it. Osun is very backward.

Even the best airport in the north are not performing better than the southeast airports, Kano and Kaduna are not even performing better than Owerri and Enugu airport... Please find another thing talk

DEROX:
lol but how will you convience a northerner to vote vote an igbo man the hate is real as I told you north vite on religious and tribal line any party that zones to SE is good as conceding defeat political lords know this that's why they are praying PDP give them ticket.If it was easy they would have done it 53 years ago infact the north still bear the 1966 first coup grudge against them so am Aldo praying PDP give them I will be very happy

This narrative of North hate Igbos, because of that they will not vote Igbos, outside the northern states, the next place northerns have more population is South East, they are doing there business without any problem, go to Onitsha, Aba, Eungu, Owerri, PH etc, same as southeast presence in there north, so let's forget this talk of "will not vote for igbos" what the southeast need to do is bring out and support a good and trusted candidate

Loveurneighbour:
If APC gives ticket to an Igbo man and PDP pick a Northerner. What will be the result?

Like I said earlier, that will be the end of PDP.
Remember South East and South South are home to PDP, they give block vote anytime anyday, zoning the presidency to south east will mean that PDP will lose both region.

South East and South South vote in the same direction, and the presidency will be of immense benefit to both region, so they will definitely support each other to get the presidency, imagine the person of Ameachi getting the slot, Igbo and south east will be the biggest beneficiary

DEROX:
The north wanted OBJ yes then obj picked yar adua because of the live he has for his late brother Lt gen sheu musa yar adua who was vice to obj in hid military regime when musa yar adua died the north wanted to upturn the constitution but obj the north actually fit his selfish interest thinking gej was too soft and even SW supported gej so it was north vs south and south won see if you read what mallam Isa funtua said before he died you will know the power is coming south west same thing elrufai said that powet is coming south and even the former vice chairman Arewa consultative forum and senator fro. Adamawa abubakar girei said yesterday that its time the north pay the Sw back for their support and he mentioned "osinbajo" you can confirm all these if am lying

Oh, same as people from the north, south south, even south west have also support zoning presidency to south east. Even more people are rooting for south east than south west

DEROX:
lol you and I know it's tiñubu especially in the north for the singular act of helping buhari who had lost many times see if he comes out the north will vote him on religious bases

As it stands now, do you think Tinubu APC can win an Atiku or Kwankawso, or Tambuwal PDP + SS and SE ?

You said because tinubu help Buhari that's while North will help Tinubu. So my question is who helped OBJ, who help Yaradua, who helped GEJ?

DEROX:
who cares they did that in 1993 to Abiola yet he won but military denied him so abeg its still inconsequential as long as elrufai will be the vice of the SW candidate

So who in the west have the appeal and love MKO had all over Nigeria, please don't say tinubu

Indispensable85:
Apc is most likely going to pick their presidential candidate from south west.

Then the south east and south south will vote the North

muykem:
PDP is getting stronger but hell bent to remain president in the north meanwhile APC is considering zoning president to the south in 2023. My question is that if APC gives ticket to igbo man and PDP pick northerner. What will be the outcome?

That will be the end of PDP

frankyychiji:
He's a master strategist

Really, Strategist indeed, he never did half of what Tony Anine did.

frankyychiji:
The Jagaban is an internally displaced politricktian and a self acclaimed founder of democracy. He put himself in the way of obsession as you call it.

He messed up, by making such statement

stonemasonn:
Buhari is the reason Tinubu is struggling. Tinubu also refuses to learn....he is probably getting senile, I heard he about 80 years old.

Yes, you are correct, he is living on a borrowed time, at this point, any serious political from SW can defeat him

Ctorch:
Is Tinubu really a strategist as widely spread or does he only depend on thugs and security agencies.

Look at osun state election he messed up and was saved by securities and now Edo.

If he is really a strategist what stops him from dis lodging obaseki?

You miss 2019 presidential election in Lagos, that election pops up alot of questions about tinubu's political correctness.
He resulted into burning electoral materials in opposition strong hold, unleashing his thugs to intimidate votes. These alone tell a lot about his popularity even in South West. For me I will say he is overhyped that's it

Mide3367:
Luno is the best you buy directly from ur acct

Ok how do I go about it

SilentVboy:
How do u mean? If it is to open a bitcoin acct and fund it, then open a BTC acct with Luno and fund it via your bank acct.

I don't mind any of the two, but which one is better

Someone should please help

Hello there, I need a Bitcoin and escrow account and also fund it, can somebody help me out

wadanki:
My supreme Court governor please come back home.

oooho, let speak out now, the way am seeing this defeat, he might stay there for a while because of shame

booscy:
Oraga otu ndi Bini naa

Hahahahah, I no fit laugh,

Metu2016:
Wike has delivered.. 4+4 Confirmed

I doff my hat for him, he is a man

Timatayo1:
You governor wan collect slap before he leaves

I beg make una no touch him ooo, what am saying is, he should just come home and face governance, after the defeat what next

Yobabad:
My friend cool down, even Bola Tinubu is Edo as an talking about you

It's not right at all, leaving all the challenges facing Imo state for an election that will not benefit us, still fail in that respect.

Oracleforce:
If a clown is your governor then he will rule your generation as a fool...
Simple permutations.....you may wish to check your comment again

For your mind right?
The man is a fool and a thief
I don't care what you think or say.

MurderX:
He had the people's support...

Ambode was deceived, the pressure from the presidency and fellow APC governors made him to melo down, but you can't have a SE or SS man as a governor going for second term and one godfather start to do anyhow, with the resources at hand (Lagos IGR), mennnn, it will be war, infact tinubu will relocate to Abuja. but laslas, he is not smart like obaseki.