Ogun Set For Second Largest Refinery In Sub-Sahara Africa
Ibikunle Amosun – Ogun State Governor[/caption]
The Ogun state Government on Wednesday signed an agreement with Petrolex Oil and Gas, Hyundai, Ajayi Legal Partners and Wema Bank PLC to build the second largest refinery in sub-Saharan Africa.
The agreement was signed between the Ogun state governor, Ibikunle Amosun and the four firms in Abeokuta, the capital of Ogun state.
It was also learnt that the agreement also included the building of the largest petroleum product depot in Nigeria.
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Mr Segun Adebutu, the Chairman, Petrolex Group, who led the other partners at the ceremony, confirmed that the government had continued to provide an environment conducive for viable investment.
Adebutu said the refinery would be cited in Odogbolu Local Government Area of the state.
According to him, the two proposed projects when completed will generate about 2,000 employment opportunities for the people and boost socio-economic condition of the state.
Gov. Ibikunle Amosun also assured the investors of the commitment of his administration to support the project.
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“We have the political will and we will support the project fully.
“You can rest assured that I will personally get involved when necessary to ensure that the project is a success,” he said.
Amosun explained that any government desirous of succeeding must be private-sector driven.
He said that his administration would always support people of like minds who would in turn bring positive economic development to the state.
“We do not want just any investment but that which will truly support the dreams, goals and economic drive of the present administration in its mission to rebuild the state,’’ he said.
