Edo State Government and the Nigerian National Petroleum Company (NNPC) Limited have concluded plans to establish a 10,000 barrels-per-day condensate refinery in the State in a move expected to deepen industrial activity and strengthen energy supply in the South-South region.
The refinery, to be located across Oredo and Orhionmwon Local Government areas, is projected for completion within 24 to 36 months
When operational, it is expected to produce about 20 truckloads of Premium Motor Spirit (PMS) and 10 truckloads of Automotive Gas Oil (AGO) daily for distribution within Edo and neighbouring States.
Governor Okpebholo Okpebholo disclosed this while receiving the Executive Vice President, Downstream, NNPC Limited, Mumuni Dagazia, and his management team at the Government House in Benin City.
Governor Okpebholo described the project as a strategic investment aligning with President Bola Tinubu’s economic agenda, noting that it would stimulate employment, reduce poverty, and strengthen the state’s industrial base.
According to him, the State Government will provide land, Certificates of Occupancy, security, and other logistical support to ensure smooth execution of the project.
“We are committed to creating jobs and reducing poverty, and this investment is a major step in that direction.
“Our administration will provide the enabling environment and the political will required for the success of the refinery,” he said.
Dagazia, in his remarks, described the condensate refinery as a sustainable investment designed to drive revenue growth, create jobs, and support industrial development in the state.
On his part Ikedichi Dick-Nwoke, NNPC’s Chief Downstream Investment Officer, said the project would position Edo as an emerging energy and industrial hub, boost investor confidence, and expand employment opportunities for residents.
He added that the refinery aligns with the State
Government’s industrialization drive and would contribute significantly to regional energy supply
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