The Edo State Government has entered into a strategic partnership with the Nigerian National Petroleum Corporation (NNPC) Limited to develop a 10,000 barrels-per-day condensate refinery in the state, marking a major boost for Edo’s industrial and energy ambitions.
The refinery project, which is expected to be completed within a period of 24 to 36 months, will be sited across Oredo and Orhionmwon Local Government Areas.
When fully operational, the facility is projected to supply about 20 truckloads of Premium Motor Spirit (petrol) and 10 truckloads of Automotive Gas Oil (diesel) daily, serving Edo State and surrounding areas.
Governor Monday Okpebholo disclosed this during a meeting with NNPC’s Executive Vice President for Downstream, Alhaji Mumuni Dagazia, and other top officials of the corporation at the Government House in Benin City.
The governor described the project as a significant investment aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda.
According to Governor Okpebholo, the refinery will play a key role in job creation, poverty reduction, and the expansion of Edo State’s industrial base. He assured NNPC of the state government’s readiness to provide the required support to ensure the successful execution of the project.
The governor further pledged that the state would make land available for the refinery, facilitate the issuance of Certificates of Occupancy, and guarantee adequate security and logistical support.
He emphasized that Edo State remains open and safe for investors, with strong political backing for projects that promote economic growth.
Speaking earlier, Alhaji Dagazia said the condensate refinery was designed to be a long-term, sustainable venture that would drive revenue generation, create employment opportunities, and contribute to the overall development of Edo State.
Also speaking, NNPC’s Chief Downstream Investment Officer, Mr. Ikedichi Dick-Nwoke, noted that the refinery would strengthen Edo’s position as an emerging energy and industrial hub in the South-South region.
He added that the project would enhance investor confidence and support the state government’s industrialization drive while opening up new employment opportunities for residents.
