Global Fleet to build petroleum depot in Nigeria’s Ado-Ekiti state

May 06, 2005 02:00 AM

A petroleum depot with 20,000 tons capacity costing N 1.5 bn is to be established in Ado-Ekiti, Ekiti State capital.
The CEO of Global Fleet Oil and Gas Company, Barrister Jimoh Ibrahim, who disclosed this in Ado-Ekiti, said the depot would be completed in eight months.

Ibrahim, who flew to the state in a chartered helicopter, was conducted round possible sites by his host, the state Governor, Ayo Fayose. In a chat at the end of the tour, the oil magnate said he was settling for Ado-Ikere road which he described as the most appropriate for the venture. Ibrahim said he was motivated into siting the depot in Ado-Ekiti to allow fast-track economic development in the state.
"I want to assure you that by the grace of God in the next eight months, I will have a depot in Ekiti as big as Ore Depot,” Ibrahim told members of the state executive council.

He added that no fewer than six mega-stations would also be sited at different locations in the state with each costing about N 200 mm. He saidseven days after the issuance of Certificate of Occupancy by the state government, earth-moving equipment would be deployed to site and work commence immediately.
Ibrahim said the depot would be a truck-loading one and would serve Oyo, Osun, Ondo and Kwara states.
"In every region, we must be settled. In the South-West, there must be a state where we have a depot and in Ekiti, we have only one station. So, I think we should put the depot in Ekiti," he said.

Source: This Day
Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

read more ...
« May 2020 »
May
MoTuWeThFrSaSu
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Register to announce Your Event

View All Events