✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

FG gives conditions to license modular refineries

The Minister of State for Petroleum, Senator Heineken Lokpobiri said the federal government will give financial support to licensed private modular refinery owners with proven records.

Lokpobiri  who was accompanied by the Executive Secretary, NCDMB, Engr. Simbi Wabote and the MD of Bank of Industry, Olasupo Olusi during a facility visit to  Waltersmith Refinery, Ibigwe, Imo State on Tuesday said the biggest challenge modular refinery have was feed stuck and access to funding.

Lokpobiri assured that the federal government is addressing the problems.

SPONSOR AD

The Executive Secretary of NCDMB, Engr. Simbi Wabote said the Waltersmith Modular Refinery.

He said the refinery had produced almost 600 million litres of various petroleum products, saying that about 20 trucks leave the refinery on a daily basis.

 

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

NEWS UPDATE: Nigerians have been finally approved to earn Dollars from home, acquire premium domains for as low as $1500, profit as much as $22,000 (₦37million+).


Click here to start.