Ogun Signs Agreement for Africa’s Second Largest Refinery

Sekinat Opebiyi, Lagos

The Ogun State Government has signed an agreement with a consortium of four private companies to build the second largest refinery in West Africa and the largest petroleum product depot in Nigeria.

The Chairman, Petrolex Group, Mr. Segun Adebutu led other partners in the consortium to the office of the Ogun State Governor for the agreement signing ceremony.

Mr Segun said that the two projects, when completed would generate not less than 2000 employment opportunities for the citizens and greatly increase the socio-economic condition of the state.

Speaking during the ceremony, Ogun State Governor, Senator Ibikunle Amosun, assured the consortium of his administration’s commitment to fully support the project.

“We have the political will and we will support the project fully. You can be rest assured that I will get involved, when necessary, in order to ensure that the project is a success,” the governor said.

According to Governor Amosun, “any government that will get it right indeed must be private sector driven.”

Governor Amosun said that Ogun State does not just want any investment, but that which would truly support the dreams, goals and economic drive of the present administration in the state.

He noted that his administration would always support people of like minds who will in turn bring positive economic development to the state.

The firms involved in the consortium include Petrolex Oil and Gas, Hyundai, Ajayi Legal Partner and Wema Bank PLC.

Confidence O.