FG grants 38 entrepreneurs operating licences to establish modular refineries

The Federal Government of Nigeria today stated that it has granted operating licences for the establishment of modular refineries ranging from between 50,000 to 250,000 barrels in the Niger Delta to thirty eight entrepreneurs in the country, Daily Post reports.

The Senior Technical Adviser to the Minister of Petroleum Resources in charge of Refining and Downstream Infrastructure, Mr. Rabiu Suleiman disclosed this during a facilities inspection visit to OPAC refinery in Kwale, Ndokwa East Local Government Area of Delta state.

Suleiman also noted that ten out of the thirty entrepreneurs have secured their “permit to construct.” Suleiman explained that the visit was to enable them evaluate the extent of construction work and also to support the investor.

The Senior Special Assistant to Nigeria’s Vice President, Mr. Edobor Iyamu also pledged the Federal Government’s commitment towards creating an enabling environment for modular refineries businesses to thrive in Nigeria.

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