
Nigeria’s former President and Special Guest of Honour, Chief Olusegun Obasanjo (2nd L), supported by the Bayelsa State Governor, Hon. Seriake Dickson (2nd R), Chairman, State Traditional Rulers Council, HRM. King Alfred Diete Spiff, and the President, Azikel Group, Dr. Azibapu Eruani (R), unveils the plaque for the historic Refinery project by the Azikel Group, at Obunagha, Yenagoa LGA. Photo by Michael Owi
Abuja (Sundiata Post)- Former President Olusegun Obasanjo, yesterday in Bayelsa State, performed the groundbreaking ceremony for the construction of the first private modular refinery in the Niger Delta region.
Obasanjo, while speaking at the event, commended President Muhammadu Buhari for awarding modular refinery operational licences to 22 firms, including the Azikel Petroleum.
He noted that out of the 22 licenced operators, Azikel Petroleum is the only company that had actualised its dream of establishing a modular refinery.
The former President said he was delighted at the commitment of Azikel Petroleum, adding that none of the 18 licenses earlier awarded by his administration came to fruition.
Azikel Refinery, owned by Azikel Petroleum, a subsidiary of Azikel Group of Companies with Azibapu Eruani, an indigene of Bayelsa as its Group President, is located at Obunagha community in Gbarain Kingdom of Yenagoa Local Council Area of the state.
The 12,000-barrels refinery is sitting on 19.92 hectares of a swampy land that was reclaimed with over 2.7m cubic metres of sand, which dredging lasted nine months. Azikel Refinery is expected come on stream in 2019.
The former President said he was delighted at the commitment of Azikel Petroleum, adding that none of the 18 licenses earlier awarded by his administration came to fruition.
Obasanjo also commended the state government under Governor Seriake Dickson for creating the enabling environment for the take-off of the modular refinery project.
Governor Dickson, who at the event signed two Certificates of Occupancy and handed them over to Azikel Petroleum and Azikel Power, another subsidiary, also commended President Buhari “for finding Azikel Group fit and proper “to be granted licence, stressing: “we expect more of such friendly gestures.” (Guardian)