Ogun, NNPC partner to revive OKLNG as $7bn port, marine economy project takes shape

Ogun State and the Nigerian National Petroleum Company Limited (NNPC) person opened discussions connected the revival of the long-delayed Olokola Liquefied Natural Gas (OKLNG) task successful Ogun Waterside, adding a large vigor constituent to the emerging $7 cardinal maritime and concern improvement taking signifier on the state’s coastline.

The improvement comes hardly a week aft the Ogun State Government signed Memoranda of Understanding with planetary ports and logistics operator, DP World, for the improvement of the Gateway Deep Sea Port and the 10,000-hectare Ogun State Blue Marine Special Economic Zone.

The DP World agreements, signed successful Paris successful the beingness of President Bola Ahmed Tinubu, are expected to pull much than $7 cardinal successful archetypal concern and make implicit 50,000 nonstop jobs. The Gateway Deep Sea Port is planned with a four-kilometre berth and an 18-metre draft, portion the adjoining economical portion is designed to enactment manufacturing, processing, logistics and export-oriented industries. (Channels Television)

Receiving officials of NNPC successful Abeokuta on Wednesday, Governor Dapo Abiodun said the renewed involvement successful the LNG task would further fortify Ogun’s emergence arsenic a large concern and vigor hub.

“Last Wednesday, we signed an MoU connected the Deep Sea Port, and today we person the NNPC te...