Oil & Energy

Oil, Gas Industrial Parks To Create 50,000 Jobs – Minister

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The planned Federal
Government Oil and Gas Industrial Parks to be sited at the nine oil producing states of Rivers, Bayelsa, Edo, Delta, Ondo and Akwa-Ibom would create job opportunity for over 50,000 Nigerians.
The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke disclosed this at a public function in Abuja recently.
Alison-Madueke said about $100 million investment would be sunk into the project and that infrastructure construction would commence later this year.
According to her, the project would cost the Federal government the sum of $10 million (N1.6 billion), stressing that the new Oil and Gas Industrial park is another major development that would create job opportunities for Nigerians, including indigenes of Niger Delta region.
She disclosed that the facility when completed would serve as a platform for the manufacturing of components of the oil and gas industry equipment, stressing that it is a way to ensure local participation in the Oil and gas sector.

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