Edo, NNPC to Build 10,000-barrel-per-day condensate refinery to boost energy supply, industrial growth

Business Pointers

By Adeyemi David

Edo State Government and the Nigerian National Petroleum Company (NNPC) Limited have announced plans to establish a 10,000 barrels-per-day condensate refinery in the state, a project expected to enhance industrial activity and strengthen energy supply in the South-South region.

The refinery, to be sited across Oredo and Orhionmwon Local Government Areas, is projected to be completed within 24 to 36 months. 

Once operational, it is expected to produce about 20 truckloads of Premium Motor Spirit (PMS) and 10 truckloads of Automotive Gas Oil (AGO) daily for distribution within Edo State and neighbouring states.

Governor Okpebholo Okpebholo disclosed the plan while receiving the Executive Vice President, Downstream, NNPC Limited, Mumuni Dagazia, and his management team at the Government House in Benin City. 

He described the refinery as a strategic investment aligned with President Bola Tinubu’s economic agenda, noting that it would stimulate employment, reduce poverty, and strengthen the state’s industrial base.

“The State Government will provide land, Certificates of Occupancy, security, and other logistical support to ensure smooth execution of the project. 

We are committed to creating jobs and reducing poverty, and this investment is a major step in that direction,” Governor Okpebholo said.

Dagazia described the condensate refinery as a sustainable investment designed to drive revenue growth, create jobs, and support industrial development in Edo.

Similarly, Ikedichi Dick-Nwoke, NNPC’s Chief Downstream Investment Officer, said the project would position Edo as an emerging energy and industrial hub, boost investor confidence, and expand employment opportunities for residents.

The refinery is expected to complement the State Government’s industrialisation drive and contribute significantly to regional energy supply once completed.

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