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Lagos To put in Nation’s First New Refinery In 20 Years!!!

Institution of a brand new refinery at Lagos is a public personal partnership venture. This mission was initiated to resolve the issue of perennial shortages of by- products of natural resources at Nigeria, whereas Nigeria has abundance of pure assets however underutilized. The institution of this mission made many officials and business individuals to take Lagos flights to take their half on this launching. Public sector might easily accomplish this challenge however the private sector was also concerned just to boost the utilization of the capability of the non-public sector. If we have a look at the other facet of the image we will come to know that involvement of non-public sector results in more efficient supply of companies. That is the primary new refinery launched in Nigeria in final 20 years. It gave birth to a number of recent businesses and progress opportunities for the present ones too. An increase in low cost flights to Lagos has been noticed after the inception of this mission particularly among enterprise travelers.

The concept of installing new refinery within the nation was conceived some two years in the past in 2008 in respect of the State’s participation within the Refinery and Hydrocarbon Industrial Park as a co-investor when delegation comprising of Group Government Director, Engineering and Technology Directorate of the NNPC, Mr Billy Agha, top officials of the Company and the Chinese firm bharat petroleum corporation kochi refinery map took flights to Lagos and participated in discussion over this challenge, and eventually they finalized this establishment. This concept was warmly welcomed by the people of the nation that expresses the readiness of the State to work with the NNPC and the Chinese on the challenge. This mission is per the objective for organising the Lekki Free Commerce Zone.

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After the inception of this idea many smart business persons thought of to take low-cost Lagos flights as a result of they knew it very well that Lagos metropolis with a population of 18million represents a very worthwhile market which will probably be useful to all the contributors within the proposed refinery venture. It is not only the first refinery to be launched in last 20 years but is also the primary that can be integrated with an Industrial Hydrocarbon Park designed to convert natural fuel and refined petroleum merchandise into hydrocarbon derivatives. Business individuals and job seekers are taking flights to Lagos from UK and plenty of other parts of the world in quest of business and jobs associated to this venture because it is anticipated that the set up of recent refinery would profit from the 5000 job opportunities for development workers and an estimated 2000 employees that will run the Industrial complicated.

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