The Federal Government has approved the construction of a modular refinery in Abia State, set to drive economic growth and industrial development
The Federal Government has granted approval for the construction of a modular refinery in Abia State, a move expected to boost industrialisation and economic development in the region.
Abia State Governor, Dr. Alex Otti, announced the approval during the flag-off of the reconstruction of the 11.1-kilometre Obehie-Umudibia-Owaza Road.
He revealed that the refinery would be built by H.I.S. Refinery and Petrochemical Company Limited and will be located at the Abia Industrial and Innovative Park (AIIP) in Owaza, Ukwa West Local Government Area.
Governor Otti highlighted the project’s significance beyond infrastructure development, stating that it would revitalise dormant economic assets and create new opportunities for residents and businesses.
“This project is not just about creating access to the towns and villages along this corridor.
It is about reviving dormant economic assets, opening new horizons, and reigniting the dreams that once inspired our forefathers,” he said.
The governor also assured stakeholders that the state government would provide full support to ensure the successful completion of the refinery, positioning Abia as a key player in Nigeria’s industrial growth.
The approval of the modular refinery aligns with ongoing efforts to enhance local refining capacity, reduce dependency on imported petroleum products, and create jobs in the oil and gas sector.
