The Government of Akwa Ibom State has sealed a take care of the Nigerian National Petroleum Company Limited (NNPC) and Solutions Hub Limited, for the institution of a full-service onshore logistics base for marine development help within the state.
The logistics base, proposed to be sited on a 40 sq. kilometers area in Ibaka, Mbo Local Government Area of the State, throughout the already designated Free Trade Zone in Akwa Ibom State, is modeled to be a substitute for current Logistics bases in Nigeria to supply offshore development help to West & Central African areas.
Akwa Ibom State governor, Mr. Udom Emmanuel, talking through the signing of the Memorandum Of Understanding on the Executive Council Chamber, Government House, Uyo, expressed the pleasure of the federal government and other people of the state over the Ibom Solutions Hub partnership deal and warranted of optimum help of the state authorities and all stakeholders from the state for uninterrupted execution and completion of the undertaking.
Governor Emmanuel congratulated the NNPC on its new standing as a Public Limited Liability Company and expressed optimism that the brand new administration will deploy the best enterprise orientation into the corporate for well timed supply of desired returns.
Expatiating on the large pure sources the state holds, the governor knowledgeable the NNPC delegation of the necessity to make the most of the sources to handle Nigeria’s want within the energy and agriculture sectors, particularly within the face of impending meals disaster.
He, due to this fact, sued for the acceleration of processes by the NNPC, to convey fuel onshore and likewise actualize the Amonia Fertilizer Plant within the state.
“I’m comfortable that at a time like this NNPC now being a restricted legal responsibility firm, issues will probably be totally different.
“The business approach, the speed in execution will be different because the focus is different, then people who are on the board, with the right corporate governance and risk management structure will be able to deliver on the much expected returns,” he acknowledged.
On the Ibom Solutions Hub, he mentioned, “Nobody will disturb this project. Hindrance will not come from the state, the host community or any part of Akwa Ibom at all.”
Earlier, the chairman, Board of Directors, NNPC Limited, Senator Margery Okadigbo, mentioned that NNPC’s dedication to the pact with Ibom Solution Hub and different companions indicators a brand new part of tapping into the potentials and alternatives within the oil and fuel sector.
Senator Okadigbo expressed appreciation to President Muhammadu Buhari for his approvals and to the federal government and other people of Akwa Ibom State for his or her invaluable help and hospitality, with out which the undertaking wouldn’t have commenced.
She famous that funding on the Ibom Solutions Hub will add socio-economic worth to the host communities and the state at giant.
The Chairman of Mbo Local Government Area, Rt. Hon. Asuquo Eyo, on behalf of the host communities, lauded the Udom Emmanuel led authorities for the peace within the state.
This, he mentioned, has created the funding pleasant environment, which the communities stand to profit from, and due to this fact expressed delight with the Ibom Solutions Hub undertaking, pledging the help and cooperation of the host communities.
Highpoint of the event was the signing of the Shareholconcerned.0ement by the events involved.