A Review of the Nigerian Energy Industry

Work commences on $1.5bn Akwa Ibom petrochemical plant

25 July 2015, Uyo – Akwa Ibom State Governor, Udom Emmanuel, has said that work would soon commence on the $1.5 billion petrochemical plant located in Ibeno.

Udom Emmanuel_2_510x350While speaking with Journalists, Gov. Emmanuel said the plant whose ground breaking was performed by ex-President Goodluck Jonathan last year in Ibeno, when completed would generate a lot of employment opportunities for the people of the State.
He also said that the government had put everything in place for the take-off of the plant.
“We have done the environmental impact assessment, the Certificate of Occupancy (C-of-O) has been issued and site has been cleared and ready for work to start.  Once the gas purchase agreement with ExxonMobil is finalised, work will commence immediately,” Gov. Emmanuel said.

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