ASABA/Nigeria: Delta State Government has signed a Memorandum of Understanding (MoU) with B2B Export, a Russian firm for the establishment of a refinery in the State.
The Secretary to the State Government (SSG), Hon. Festus Ovie Agas, while signing the MoU on behalf of the State Government, said that Delta State government was committed to attracting investment to the State.
Hon. Agas stated that government could not do it alone, emphasising the need to partner and collaborate with well focused and well meaning investors to come and invest in the State.
He said that the State Government would on its part provide land and the enabling environment for the refinery to take off and urged B2B Export to meet up with the timeline.
The SSG further noted that the State was peaceful and enjoined the company to feel free to carry out their activities with the needed zeal.
Earlier, the Director-General of the Delta State investment Development Agency (DIDA), Olorogun Lucky Oghene-Umoru, stated that the MoU was epochal because it was the first as it set the framework of engagement between the State Government and B2B Export, stating the role of each party in actualising the project in the State.
The Founder and leader of B2B Export team, Mrs Katya Dyachenko, stated that Nigeria should be able to process its crude saying that true independence was the ability to process it natural resources being one of the largest oil producers in the world.
Mrs Dyachenko stated that for the country to reach true economic independence, it should be able to process that which it produce and export the product, saying that B2B Export effort was to ensure that Nigeria got to the point of exporting her refined produce, saying it was the reason for B2B Export coming to the state.
She further stated that the refinery when sited had the capacity to refine over 10,000 barrel per day, saying that it would add to the development of Delta State and Nigeria at large.
Present at the occasion were the Executive Assistant to the Governor on investment Matters, Mr Paul Nmah and officials from the Ministry of Justice, among others.