FG initiates $20b gas project in Delta
A $20 billion public-private sector partnership gas industrial park is in the offing, the Presidency has said.
Tagged the Gas Revolution Industrial Park, GRIP, Ogidigben, Delta State and envisaged to be a regional hub for all gas-based industries, the project will cover 2, 700 hectares with fertilizer, methanol, petrochemicals, & aluminium plants in the park already designated as a tax free zone by the Federal Government.
Speaking at the Presidential Villa, Abuja during a meeting with international developers and investors of the project yesterday, Acting President Yemi Osinbajo stated that government “was committed to the development of the Niger Delta, and the importance of the project is underlined by the presidential attention it is attracting.
The consortium is made up of Fortune 500 companies like the GS Engineering and Construction Company (GS E&C), the China Development Bank, Power China and several others global operators from Asia and the United Arab Emirates in the Middle East.
In this article
Related
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
2 Comments
Both Individuals and Distributors can now Order 3XCementbyDán-gote (Grade 42.5R) directly from the factory at a promo price of 13OO Naira minimum for purchase is from 1OO bags and above kindly contact sales manager Mr Olakunle Alakeh on +2347O66O9I979.Note Delivery is two working days after Booking….
FG did not initiate the project. Rather, FG fast tracks the project initiated by the past administration.
We will review and take appropriate action.