Edo, NNPC partner to establish 10,000bpd refinery

The Edo State Government (EDSG) and the Nigerian National Petroleum Company Limited (NNPCL) Limited are partnering to establish a 10,000 barrels-per-day (bpd) condensate refinery in the State. Daily Trust reports that the refinery, slated for completion within 24 to 36 months, would be located across Oredo and Orhionmwon Local Government Areas of the state. The […]

The Edo State Government (EDSG) and the Nigerian National Petroleum Company Limited (NNPCL) Limited are partnering to establish a 10,000 barrels-per-day (bpd) condensate refinery in the State.

Daily Trust reports that the refinery, slated for completion within 24 to 36 months, would be located across Oredo and Orhionmwon Local Government Areas of the state.

The refinery once operational, is expected to produce approximately 20 truckloads of Premium Motor Spirit (PMS) and 10 truckloads of Automotive Gas Oil (AGO) to serve Edo State and its neighboring regions.

Governor Monday Okpebholo, disclosed this while speaking with journalists shortly after receiving NNPC’s Executive Vice President for Downstream, Alhaji Mumuni Dagazia during a courtesy visit at the Government House.

He emphasized that the refinery would create jobs, reduce poverty, and strengthen the state’s industrial base.

He assured the NNPC team of his administration’s full support to ensure the success of the project.

“We are delighted to welcome this major investment to Edo State. My administration is committed to creating jobs and reducing poverty, in line with the renewed hope agenda of President Bola Ahmed Tinubu. This is a huge step for Edo, and we are proud to be part of it,” he said.

Earlier, Alhaji Mumuni Dagazia described the condensate refinery as a sustainable project aimed not only at revenue generation but also at job creation, industrial growth, and the overall development of Edo State.

Also speaking, NNPC the Chief Downstream Investment Officer, Mr. Ikedichi Dick-Nwoke, explained that upon completion, the refinery would position Edo State as a major energy and industrial hub in the South-South region.