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Osinbajo inaugurates 1.5 billion USD fertilizer plant in Port Harcourt.

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Nigeria’s acting President, Prof. Yemi Osinbajo today in Port Harcourt inaugurated a giant world-class fertilizer plant, built by Indorama Eleme Fertilizer and Chemicals Limited at the cost of $1.5 billion.

The acting President used the opportunity to remind all Nigerians that time has come for them to grow whatever they eat and produce whatever they consume.

“What Indorama is accomplishing today is very much in line with President Buhari’s vision for a country that produces what it consumes and grows what it eats. If you had to sum up our vision for the Nigerian economy in a few words, these would suffice. Grow what we eat, produce what we consume,” he said.

Prof Osinbajo commended Indorama for keying into the Presidential Fertilizer initiative which President Buhari launched last year to make fertilizers cheaper nationwide.

“At the end of last year, the President launched a Presidential Fertilizer Initiative, to ensure the availability of cheaper fertilizer to our farmers, to support what we’re doing in agriculture, in the production of rice and wheat and other staples.

“That Fertilizer Initiative, now well underway, has created significant economic opportunities for companies like Indorama Eleme Fertilizer & Chemicals Limited.

“I have been informed that Indorama will this year alone supply about 360,000 Metric Tons of Urea to Fertilizer blenders, which, in turn, will produce NPK fertilizer for the benefit of farmers across the country.

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“This is the kind of economic progress we’re after, in which every unlocked opportunity proceeds to unlock several others, across multiple sectors of the economy.”

The acting President said that the Buhari administration will continue to support Indorama Eleme Petrochemicals Limited, which was privatised in 2006 by the Federal Government.

The plant has also generated lots of job opportunities contributing to the economic prosperity of Nigeria

According to him, the company has turned out to be a huge success story. “I am glad that we’re here today to see one of the success stories of the Federal Government’s privatisation programme,” he said.

“We will continue to support Indorama Eleme Petrochemicals Limited’s expansion ambitions. Our commitment to the privatisation programme is equally assured, and we will continue to do everything to support investors to maximise the potential of their assets,” he said.

Earlier in his address, the Chairman of Indorama Corporation, Mr Sri Prakash Lohia said that the plant which has capacity to produce 1.5 million metric tons of fertilizer per annum is the largest single-train Urea plant in the world.

The Acting President also presented a Certificate of Discharge to the Chairman of Indorama Group, Mr Lohia and the Managing Director, Mr Manish Mundra for successfully accomplishing the post purchase agreement entered into with the Bureau of Public Enterprises on behalf of the Federal Government of Nigeria.

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“Following the 2006 handover, the BPE carried out routine monitoring on the enterprise to ensure that the core investor adhered to and implemented the post-acquisition plan it had laid out for the company.”

“Today is the culmination of that process of monitoring and oversight by the BPE. I am delighted that it is taking place on an inspiring and hopeful note, and that we are all here today celebrating a thriving and promising company. We should not take this state of affairs for granted,” he said.

The Plant has a production capacity of 4000 metric tons (MT) of nitrogenous fertilizers per day or 1.5 MT per annum. The world-scale plant has been built with an investment of USD 1.5 billion, a huge Foreign Direct Investment, funded by the International Finance Corporation (IFC) and a Consortium of 15 European and African banks and Financial Institutions.

Governor Nyesom Wike of Rivers State, in his speech said that for Indorama to invest a whopping $1.5 billion in the state, it shows that the state is safe for investors and their investments. He called on other investors to emulate the footsteps of Indorama.

The fertilizer plant is well supported by Port Terminal at the nearby Onne Port Complex, and a Gas Pipeline of 83.5KM for gas supply.

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The plant will bring about a green revolution in the agriculture sector not only in Nigeria but also in other parts of Africa and world at large.

Besides, making the fertilizer products to be available at affordable cost, the plant will boost crop yield to farmers and greatly help in minimizing the food grain deficit in Nigeria.

The plant has also generated lots of job opportunities contributing to the economic prosperity of Nigeria.

The construction of the plant commenced in April 2013 and completed in December 2015. The commissioning activities were concluded in March 2016 and the commercial production started in June 2016.

 

 

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Governor Wike proscribes IPOB’s activities in Rivers

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Governor Nyesom Wike of Rivers state has signed an Executive Order proscribing the Indigenous People of Biafra (IPOB) in the state.

Governor Wike,  who made this known on Wednesday during a state-wide broadcast in Port Harcourt, also emphasized that the state is home to all tribes.

According to him, “We have everything against the presence and activities of the legally proscribed and anarchic Indigenous People of Biafra (IPOB) and whatever that group stands for in Rivers State.

“This is clearly a terrorist group whose existence, creed, mission, and activities are strongly denounced even by the Government and peoples of the South-Eastern States of the country.

“I have therefore signed the executive order to reinforce the total ban on IPOB and its activities in Rivers State or any part thereof and nothing will stop us from enforcing this ban in its entirety”, Governor Wike assured

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Oyo: Makinde Mother’s Burial Holds December

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Body of Chief   (Mrs.) Abigail Makinde, the mother of Oyo state governor, Engr. Seyi Makinde will be interred  in the first week of December.

Governor Makinde disclosed this yesterday while playing host to a delegation from the Deji of Akure, Oba Aladetoyinbo Aladelusi Ogunlade Odundun II, which was in Ibadan, the state capital to commiserate with him on the death of his mother.

The governor said he was very delighted with the visit, urging Akure people, the kingdom where his mother was born, to actively participate in her funeral.

Makinde, who  described them as one of the most upright, bold  and honest  people in Yoruba land and the nation at large, also added that his late mother was a role model whose dedication to work, uprightness, boldness and honesty were the traits of Akure people.

A statement by Mr. Taiwo Adisa, the Chief Press Secretary to Governor Makinde,  quoted the governor as saying “when you see an average Akure man or woman, you see courage and see people who are true to their words.”

While delivering the condolence message from the Deji of Akure, the leader of the delegation, who is the Asae of Akure Kingdom, Senior High Chief Sola Adegbonmire, described the governor’s mother as a worthy daughter of Akure Kingdom.

He stressed that the Omoregie family, where Madam Abigail Omojolagbe Makinde hailed from, is a family of exceptional and wonderful people in Akureland.

Oba Aladetoyinbo further described the death of Madam Makinde as a painful loss not only to the Makinde family but also to the entire Akure Kingdom.

He then prayed that God would grant the family the fortitude to bear the irreparable loss.

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‘My mother was an epitome of love, humility’ – Gov. Makinde mourns

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The Oyo  state governor, Engr Seyi Makinde, has described his late mother, Chief (Mrs.) Abigail Omojolagbe Makinde, as an epitome of love and humility, despite being a disciplinarian.

The governor stated this on Friday while receiving the National Working Committee (NWC) of the Peoples Democratic Party (PDP) led by the National Chairman, Prince Uche Sencondus, on a condolence visit to his house at Ikolaba GRA, Ibadan.

According to a statement signed by the Chief Press Secretary to Governor Makinde, Mr. Taiwo Adisa, the governor expressed gratitude to the PDP NWC, noting that the fact that the leadership of the party made it to Ibadan barely 24 hours after Mama’s demise showed the love they have for him.

The statement also noted that apart from the PDP NWC entourage, the Aare Musulumi of Yorubaland, Edo, and Delta States, Alhaji Daud Akinola, Chief Imam of Ibadanland, Sheikh AbdulGaniyy Abubakri Agbotomokekere, the Grand Mufti of Ibadanland, Sheikh Abdul Fatai Alaga, and other Muslim leaders also paid condolence visits to the governor.

Similarly, the Oyo State Judiciary led by the Chief Justice of the state, Justice Muntar Abimbola, and the General Officer Commanding, 2 Div, Nigerian Army, Ibadan, Major General Anthony Omozoje, were also at the Makinde residence to condole with the governor.

Speaking while receiving the PDP entourage, which included the National Organising Secretary, Col. Austin Akobundu (retd); Deputy National Secretary; National Financial Secretary, Alhaji Abdullahi MaiBasira; National Woman Leader, Hajia Mariya Waziri; National Publicity Secretary, Mr. Kola Ologbondiyan, as well a leader of the PDP from Osun State, Hon. Soji Adagunodo, Governor Makinde said the family remains grateful to God for the life Mama lived.

He said: “I want to thank you most sincerely for this condolence visit. I want to say, on behalf of myself, my wife, immediate family, and extended family, we are very grateful and appreciative of this visit. This happened yesterday morning and you are here this morning. It shows that you truly love me. So, I want to say thank you.

“Actually, we were preparing for my mummy’s 81st birthday, which would have been on the November 7, exactly three weeks from yesterday. But who are we to question God?

“We are grateful to God for the life she lived. To us, she was an epitome of love, humility. She was tough. If you see that trait in some of us, it came from her. And we also thank God that it was not like we were carrying her from one hospital to the other. She died peacefully in her sleep. So, we thank God for what He has done.”

Governor Makinde, who also took the opportunity to appreciate the PDP NWC for the confidence it had in him to lead the Ondo State governorship campaign, said what the outcome of the election meant was that the party would have to go back to the drawing board, adding that the campaign council will submit a report as soon as practicable.

“I will also like to use this opportunity to thank the National Working Committee of our great party for the opportunity you gave to us to lead the campaign in Ondo State. We can’t question God for the outcome of that election. What it means is that we have to go back to the drawing board. We will be submitting a report of those areas where we fell short, to the NWC as soon as practicable.

“I really want to use this opportunity to thank all of you who were there in Akure for the love of our party and for the support that you gave to our candidate in Ondo State.

“Once again, my Chairman, I am appreciative of this visit and I thank you and all the members of the NWC of our party.”

Earlier, the PDP national chairman said that the visit was to condole with the governor and the family for the loss of their mother.

He said: “A time like this is the time you know those who care and those who are with you. Unfortunately, we have two situations on our hands. We lost the chairman of the party in Zamfara. Obviously, we divided ourselves; the Deputy National Chairman of the party left for Zamfara yesterday morning for the burial of our late chairman of the party. And I and the rest of us in the National Working Committee leadership decided yesterday to come to Ibadan today.

“We are here by the grace of God to console you and the rest of the members of your family. We have no other way to do it than to join you in prayers.

“It is a very painful experience that you have to go through, sometimes alone. I know what it is because I have experienced it. It is only God that can fill the vacuum in your heart because the care of a mother is quite different from that of a father.

“So, on behalf of the leadership of our party, we are here to console you on this condolence visit. The Lord will strengthen you. And because you are one of our best and doing good works for the people of Oyo State and at this time that you are giving out your best, suddenly, God who gives has taken your beloved mother.

“We are here to share the pain and sorrow with you and to let you know we will continue in prayers during this period, even as we prepare for the funeral. After the funeral, we will continue to pray for you, your immediate and larger family. It is important for us to do so, having worked with you and having seen you as a man who is compassionate and cares for others.

“Today, we are here with you and we pray that God will energise you at this period and stretch His right hand of righteousness to touch every one of the members of the family to bear this great loss.

“Therefore, as members of the National Working Committee, we pray that God will keep you now and thereafter to make you continue to do the good work for the people of Oyo State

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