NNPC secures land title for proposed Edo refinery project
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has been formally issued a Certificate of Occupancy (C-of-O) for its proposed Oredo Refinery and Petrochemical Company Limited in Edo State.
Alhaji Mumuni Dagazau, NNPC Ltd.’s Executive Vice President, Downstream, received the document on behalf of the company during a courtesy visit to the Edo State Government House in Benin City on Friday.
Mr Dagazau thanked Governor Monday Okpebholo for providing the land and documentation, stating that the move reflected the administration’s dedication to attracting productive investments to the region.
He noted that the proposed facility supports the Federal Government’s Renewed Hope Agenda by aiming to enhance domestic energy security, curb reliance on imported petroleum products, and encourage local value addition.
According to Mr Dagazau, the project is expected to increase Nigeria’s refining capacity, generate employment, encourage technology transfer, and foster industrial growth in Edo State. He assured the state government of NNPC Ltd.’s dedication to collaborating with stakeholders to deliver the project successfully.
Presenting the certificate, Governor Okpebholo welcomed the NNPC delegation and reiterated his administration’s pledge to foster an investor-friendly environment.
He stated that allocating land for the initiative formed part of deliberate strategies to draw investment, broaden the state’s revenue sources, and provide jobs for residents.
The governor added that the refinery would bolster Edo’s commercial and industrial standing, promising the state government’s ongoing backing for the venture.
Senior officials from both the Edo State Government and NNPC Ltd. attended the event, including Ikedichi Dick-Nwoke, Chief Downstream Investment Officer; Adaobi Oniwinde, Senior Communications Adviser; and Valentine Marinho, Senior Business Analyst to the Executive Vice President, Downstream.