Dipo Olowookere
By Dipo Olowookere
A consortium of four private companies has signed an agreement with the Ogun State Government to build a refinery in the state.
Also to be built in the state is a petroleum depot.
Chairman of Petrolex Group, Mr Segun Adebutu, who led other partners in the consortium to the state Governor, Mr Ibikunle Amosun, said the two projects would generate not less than 2000 employment opportunities for the citizens and greatly increase the socio-economic condition of the state when completed.
Mr Adebutu said at the signing ceremony held on Wednesday in Abeokuta, the state capital, that the refinery is situated in the Odogbolu Local Government Area of the state.
Speaking during the ceremony, Mr Amosun assured the consortium of his administration’s commitment to fully support the project.
“We have the political will and we would 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,” he said.
He added that, “Any government that will get it right indeed must be private sector driven.”
The firms involved in the consortium include Petrolex Oil and Gas, Hyundai, Ajayi Legal Partner and Wema Bank Plc.
