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NNPC has received a Certificate of Occupancy for its proposed Oredo Refinery and Petrochemical Company in Edo State.
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Governor Monday Okpebholo presented the land title to NNPC’s Executive Vice President, Downstream, Mumuni Dagazau, in Benin City.
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The proposed refinery is expected to increase domestic refining capacity and reduce dependence on imported petroleum products.
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NNPC says the project will create jobs, promote technology transfer, and stimulate industrial development in Edo State.
November 14, (THEWILL) – The Nigerian National Petroleum Company Limited (NNPC Ltd.) has secured a Certificate of Occupancy (C-of-O) for its proposed Oredo Refinery and Petrochemical Company Limited in Edo State, marking a key step towards the development of the project.
The certificate was presented to the company yesterday, by Governor Monday Okpebholo at the Edo State Government House in Benin City.
NNPC’s Executive Vice President, Downstream, Alhaji Mumuni Dagazau, received the document on behalf of the company during a courtesy visit to the governor.
Dagazau commended the Edo State Government for providing the land and necessary documentation, describing the gesture as a demonstration of its commitment to attracting productive investments.
He said the proposed refinery aligns with the Federal Government’s Renewed Hope Agenda, particularly its objectives of strengthening domestic energy security, reducing dependence on imported petroleum products and promoting local value addition.
According to him, the project is expected to expand Nigeria’s refining capacity, create employment opportunities, facilitate technology transfer and stimulate industrial development in Edo State.
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Dagazau assured the state government that NNPC would work with relevant stakeholders to ensure the successful delivery of the project.
Presenting the certificate, Governor Okpebholo said his administration was committed to creating an enabling environment for investments capable of expanding the state’s economic base and generating employment.
He described the refinery as a project that would strengthen Edo’s commercial and industrial development, assuring NNPC of the government’s continued support.
The governor said the provision of land for the project was part of deliberate efforts to attract major investments and create economic opportunities for residents.
Other officials present at the meeting included NNPC’s Chief Downstream Investment Officer, Ikedichi Dick-Nwoke; Senior Communications Adviser, Adaobi Oniwinde; and Senior Business Analyst to the Executive Vice President, Downstream, Valentine Marinho.
