Oil And Gas: FG To Establish Parks In Akwa Ibom, Bayelsa - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
October 17, 2019
The Federal Executive Council FEC, has approved theestablishment of oil and gas parks in Akwa Ibom and Bayelsa states.
Minister of State for Petroleum Resources, TimipreSylva said this while briefing State House correspondents after FEC meetingpresided over by President Muhammadu Buhari at the Presidential Villa.
He said the parks, which would cost over 3 billionnaira, were for the production of oil and gas tools.
Sylva said that the parks would create up to 1000additional jobs as well improve the security of the Niger Delta.
On her part, the Minister of State forTransportation, Gbemisola Saraki, said that FEC also approved the purchase andinstallation of 300 buoys on the River Niger for the inland waterways.
She said that the approval, which was in the tune of581 million naira was a repeat procurement because the first one was done in2017/2018.
Saraki said that the first approval was from Baro toOnitsha while the latest was from Onitsha to Lokoja.