Ad image

Niger Delta states indicate interest in community- based modular refineries

BusinessDay
5 Min Read

…we will engage on basis of trust-VP

…meets Gbaramatu leaders & US investors on proposed project 

States in the Niger Delta have indicated interest in working with the Federal Government and the Private Sector to develop the Modular Refinery concept as a way to put an end to illegal refineries in the region.

Under the new plan that is being developed to rid the country of illegal refineries, the communities would come together working with their respective State Governments, the Federal Government and Private Sector operators to work out a template for the establishment of modular refineries in the communities.

According to a statement by the Senior Special Assistant to the President on Media in the office of the Vice President, Laolu Akande, this is one of the highlights of the inter-ministerial meeting on the Niger Delta held on Thursday at the Presidential villa and presided over by Vice President Yemi Osinbajo.

“We are saying there is a way out of violent agitation, but it is by creating opportunities and the environment where the people in the communities can benefit,” Osinbajo said at the inter-ministerial meeting which is the second holding in the last two weeks to work out how best to establish the modular refineries.

According to him, “we will engage them on the basis of trust, we must prove to them that we are trust-worthy.”

At the inter-ministerial meeting attended by the Deputy Governor of Delta State, Barrister Kingsley Otuoro; Minister of Niger Delta Affair Usani Uhuru; Petroleum Resources Minister of State, Ibe Kachikwu; Environment Minister of State;  Ibrahim Usman Jibril, other issues including developments on the planning for the Maritime University, update on contractors in the Niger Delta region returning to site and Amnesty issues among others were also discussed.

The MD of NDDC, Nsima Ekere; the DG of NIMASA, Dakuku Peterside; and the head of the Amnesty Office, Paul Boroh (rtd), were also in attendance.

Osinbajo also held a meeting with representatives of the Gbaramatu Kingdom and investors, under the aegis of the “Oil and Gas Producing Trust Fund,” including prospective investors in a Modular Refinery project in the community.

At the meeting, the Vice President noted that the modular refineries to be established will have to be profitable and realistic in order to address critical issues bothering on the development of the region on a sustainable basis. 

 He added that the Federal Government is committed to addressing challenges in the Niger Delta in a comprehensive manner.

 According to him, “there are several things that we are working on now on the modular refineries and what government’s own participation is all about. 

He continued: “We are also trying to work out a template for implementing this decision on modular refineries. 

“But we must also structure this in a way that works for business or structure it in a way that is realistic and works, otherwise it would not last…it is a business proposition first and foremost, it must make sense.”

He said the Buhari administration is committed to ensuring that “we look at how we deal with the issues concerning the Niger Delta as enshrined in our new vision for the region.

 “It is a long term commitment that is why we are looking at projects that will benefit the people of the region and the country at large,” he added.

 The Vice President commended the Gbaramatu community for taking the initiative to support government’s actualization of a plan for the region, stating that “it should be one of the models of what we will be doing in the future.’’

 Earlier, the leader of the delegation and Bolowei of Gbaramatu Kingdom, Chief Wellington Okrika, said the community was committed to the actualization of the 20, 000 barrels per day, Gbaramatu Modular Refinery project which he noted would bring about lasting peace and stability in the region.  

  Okrika thanked the Buhari presidency for the Vice President’s visit to the Kingdom, which according to him has brought peace to the community. 

Share This Article
Follow:
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more