Firm Pays N1.68bn Commencement Fee At Onne Port

The Chief Executive
Officer (CEO) of Orlean Invest West Africa Limited, Andrea Carollo said the company paid a commencement fee of $10.3 million (about N1.68bn) before it stated its operation at the Onne Port, in Rivers State.
Carollo, who disclosed this in an interview with Journalists in Abuja recently said they also paid a sum of $253.859 million as Lease fee, through put fee of $305.201 million and land industrial area fee of $155.291 million.
He further disclosed that the company had so far remitted $724.651 million (about N118 billion) into the Federal Government’s account since its operations, 25 years ago at Onne Oil and Gas Free Zone.
Also speaking, a Director of the company, Mr Matteo Volpi, disclosed that 4,386 Nigerians are currently  in the company’s employment list, stressing that the Onne Port alone has so far generated over 28,000 jobs to the people of Nigeria, with over 17,000 vehicular movements per day through the main entrance of the port.
Volpi noted that with other business units in the organization, the company was able to achieve a great milestone in quality Health, Safety and Environment (HSE) in performance, among others, which he said had made it possible for them to compete with their counterparts in the oil and gas sector in the world.
According to him Orlean Invest, an oil and gas logistic services company has INTELS as one of its subsidiaries  and they have invested greatly in the HSE sector, so as to ensure that their workers, clients visitors, property and equipment at the various locations of the company are healthy and safe.