Buhari to commission 5,000bpd modular refinery on November 24

- President Muhammadu Buhari is set to commission a project in Imo state on Tuesday, November 24

- The project to be commissioned by the president is the modular refinery at Ibigwe, Ohaji/Egbema local government area

- The Nigerian leader will also perform the groundbreaking ceremony for the 45,000 barrels per day refinery

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The 5,000 barrels per day modular refinery at Ibigwe, Ohaji/Egbema local government area of Imo state is set to be formally commissioned by President Muhammadu Buhari on Tuesday, November 24.

In a report by Leadership, the refinery will be inaugurated by the Nigerian leader personally as the project is key to his administration’s initiative to boost the refining of petroleum products.

The governor of Imo state, Senator Hope Uzodinma, the minister of state for petroleum resources Timpre Sylva among other top government officials, oil industry regulators, and stakeholders are expected to attend the event.

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It was also gathered that Buhari will perform the groundbreaking ceremony for the 45,000 barrels per day refinery.

Earlier, Legit.ng reported that the speaker of the Edo state House of Assembly (EDHA), Rt. Hon. Francis Okiye, said the Edo Modular Refinery being developed by Edo Refinery and Petrochemical Limited with support from the state government would reset the economic base of the state.

Okiye made the comment when he led the legislative house on an inspection tour of the refinery as part of their oversight function.

According to him, the facility demonstrates the Edo government’s readiness to deploy innovative means to attract big-ticket investments into the state.

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In a related development, Nigerian business guru and philanthropist Femi Otedola on Wednesday, February 19, gave a situation report on Aliko Dangote’s multi-billion-dollar refinery and petrochemical unit after visiting the site.

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Legit.ng gathered that the billionaire in a tweet shared on his personal Twitter page revealed that construction works on the refinery is now 75% complete, while the other facility is 60% ready.

Otedola also noted that the massive project is the 8th wonder of the world.

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Source: Legit.ng