L
LequteMan
Guest
Nigeria's former Interior Minister and Executive Chairman, Genesis Shipping Worldwide, Capt Emmanuel Iheanacho, has been granted permission and is ready to float a refinery in Lagos state.
This is aimed to boost local participation in crude oil lifting, The Nation reports.
The parcel of land for the facility, it was gathered, was bought from the Onisiwo Family of Irede, a coastal town at the back of Apapa Port, Amuwo-Odofin Local Government in Lagos. Elders of the area have voiced support for the project and also called on the government to support it.
According to a senior official of the Department of Petroleum Resources (DPR), Iheanacho, who is also the Executive Chairman of Integrated Oil and Gas, had been given permission to build the refinery.
Indigenous shipowners would be able to participate in the lifting of crude oil from the refinery when it begins operations, the official said.
“Foreign vessels involved in offshore operations, collect a minimum of $5,000 daily. This is the least amount collected by foreign vessels on the nation’s waters and that is why the indigenous ship owners must be empowered to participate,” he added
The Nation
This is aimed to boost local participation in crude oil lifting, The Nation reports.
The parcel of land for the facility, it was gathered, was bought from the Onisiwo Family of Irede, a coastal town at the back of Apapa Port, Amuwo-Odofin Local Government in Lagos. Elders of the area have voiced support for the project and also called on the government to support it.
According to a senior official of the Department of Petroleum Resources (DPR), Iheanacho, who is also the Executive Chairman of Integrated Oil and Gas, had been given permission to build the refinery.
Indigenous shipowners would be able to participate in the lifting of crude oil from the refinery when it begins operations, the official said.
“Foreign vessels involved in offshore operations, collect a minimum of $5,000 daily. This is the least amount collected by foreign vessels on the nation’s waters and that is why the indigenous ship owners must be empowered to participate,” he added
The Nation
