… As Isoko Sets To Host Multi-Billion Dollar Refinery
GOVERNOR Ifeanyi Okowa has described Delta State as the bride of investors with the huge deposit of oil and gas in the area.
The Governor who expressed joy with the level of investors harnessing the peaceful atmosphere in the state spoke on Thursday when the Managing Director of Shepha Refinery and Petrochemical Company Limited, Ovrodhe, Isoko North local government area, Dr Wilson Agha paid him a courtesy visit at Asaba.
According to the Governor, “a lot of companies are coming to Delta State because, the state is largely peaceful and we are doing a lot to maintain that peace, with the oil and gas that we have, Delta State is the place to invest.”
“We like investors, we know the important roles they play in the lives of our people and we will continue to encourage them in whatever way possible for them to succeed,” the Governor said.
He congratulated the management of Shepha Refinery and Petrochemical Company Limited for concluding the process for the ground-breaking ceremony of the company in the state, stating, “Isoko nation is a peaceful but, I want to assure you that we take matters of security very serious in the state.”
“Everything seems to be set in the right track of success, there is no doubt that the more the investment, a lot of our youths will be engaged, it will also bring about an expanded economy which interests us as a state: it is a win-win situation for everybody,” the Governor said.
Dr. Agha had in a speech, asked for security as the company will perform its ground breaking ceremony for the refinery in May, 2018.
“The refinery will produce 60, 000 barrels per day, it is a vertically integrated refinery that will capture all carbon dioxide emitting from the refinery, there will be no pollution in the air and it will cost 2.5 billion dollar,” Dr Agha stated.