200,000 BPD REFINERY TO COMMENCE PRODUCTION IN AKWA IBOM, 2024

200,000 BPD REFINERY TO COMMENCE PRODUCTION IN AKWA IBOM, 2024The industrialization policy of Governor Udom Emmanuel is gathering steam with more investments berthing Akwa Ibom state through the foreign direct investment programme of the Administration.The latest is the signing of a progress acknowledgment statement between BUA Group and Axens of France for the former’s proposed […]

200,000 BPD REFINERY TO COMMENCE PRODUCTION IN AKWA IBOM, 2024

200,000 BPD REFINERY TO COMMENCE PRODUCTION IN AKWA IBOM, 2024

200,000 BPD REFINERY TO COMMENCE PRODUCTION IN AKWA IBOM, 2024
The industrialization policy of Governor Udom Emmanuel is gathering steam with more investments berthing Akwa Ibom state through the foreign direct investment programme of the Administration.
The latest is the signing of a progress acknowledgment statement between BUA Group and Axens of France for the former’s proposed 200,000barrels per day refinery in Akwa Ibom State.
With a target of between three to four years for construction, the BUA Group has noted that the refinery is expected to be operational by 2024 all things being equal.
 Speaking at the ceremony earlier this week, Chairman of BUA Group, Abdul Samad Rabiu stated that the refinery, when fully operational, would reduce the huge cost of transporting crude oil offshore, refining it and bringing it back into the country.
Rabiu added that the decision to site the refinery in Akwa Ibom – Southern Nigeria was strategic due to the huge availability of raw materials and its proximity to export petroleum products to regional countries.
He added that the multi-billion-dollar integrated 200,000 bpd refinery and petrochemicals plant will be producing Euro-V fuels and Polypropylene for the domestic and regional markets.
BUA explained that Axens was selected, after a comprehensive process, for its advanced technology licenses, basic engineering, catalysts and adsorbents, proprietary equipment, training and technical services.

The French President, Emmanuel Macron  commended the Chairman of BUA Group, Rabiu, for his commitment to the development of lasting relationships between French and Nigerian businesses.

http://youtHouseReporterRepresented by Franck Riester, the French Minister for Foreign Trade and Attractiveness, Marcon invited Abdul Samad to the “Choose France Summit” and said his administration is ever ready to support people-oriented and developmental projects in Nigeria.
“I am very pleased to see how committed Abdul Samad Rabiu is for the refinery and in the space of philanthropy,” Macron said.

EKET COUNCIL BOSS CONGRATULATES MUSLIMS UMMAH ON RAMADAN.

…admonishes Muslims to pray for the peace of the land.

The Eket Council Boss, Hon. Akaniyene Tommey Ikott has charged Muslims in Eket Local Government and beyond to use this Holy month of Ramadan to pray for God’s peace across the land of Eket Local Government and divine intervention of peace in Nigeria.

In a message of felicitation he personally signed, the Council Boss congratulated the Muslim ummah on the commencement of their Ramadan fast and prayers. Hon. Akaniyene Tommey also called on residents alike to use the solemn moment for sober reflections on the need to stay as one united people.

He charged the people to remain committed and focused in exploring opportunities that will engender growth and economic bouyancy while keeping faith and hope alive.

“Let us continue to explore vistas of meaningful opportunities to stay relevant in our community while we eschew all acts of divisiveness, and embrace love, unity, togetherness and the spirit of hard work to achieve our desired goals as individuals and as a society”

He went on that dwellers of Eket should eschew primordial ethnic and religious sentiments while encouraging all to stay in peace with one another.

The statement reads in full;

To all our Muslim brothers and sisters world over and in Eket Local Government Area in particular, may Allah afford us the reason to keep faith and hope alive.

As you begin your fasting and prayers today, this calls for solemn moments where we must have to consider the interest of our togetherness and continue to pray even for the peace of our land as well as wisdom unto our leaders to lead well.

Let us continue to explore vistas of meaningful opportunities to stay relevant in our community while we eschew all acts of divisiveness, and embrace love, unity, togetherness and the spirit of hard work to achieve our goals as individuals and as a society.

On behalf of my family and the entire people of Eket Local Government Area, we wish you all a very rewarding Ramadan Mubarak.

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