The Senior Special Assistant to the President on Niger Delta Affairs, Edobor Iyamu has assured that the mechanical works on Edo modular refinery project in Ologbo, Ikpoba Okha Local Government Area of the state, is 95 percent completed.
Iyamu made this known during an inspection visit to the refinery on Thursday.
The project, when completed according to him, would attract more investment in modular refineries in the country, generate employment and reduce youth restiveness in the Niger Delta.
He commended the Edo State Government for ensuring that the modular refinery comes on stream, according to the statement.
He said the establishment of the refinery was in line with the new vision for the Niger Delta, ensuring that the people benefit maximally from the wealth in the region.
Iyamu added that the project was aimed at promoting the establishment of modular refinery projects in the area to attract investment into the oil and gas sector.
Earlier, the Chairman, Edo Refinery and Petrochemical Company, Michael Osime disclosed that the company was being supported by the Edo State Government with a N700m project fund.
Represented by the company’s Global Advisor, Frans Ojielu, he said the 6,000-barrels-per-day plant also has a fabrication yard to boost local capacity to produce materials and provide robust support for the establishment of more modular refineries.
Osime added that discussions were ongoing with Ambrose Alli University to assist in training Nigerians for the oil and gas industry.