NNPC partners with Seplat Group to construct multi-million-dollar gas plant

NIGERIA – Seplat Group, an independent indigenous Nigerian upstream exploration and production company, has partnered with the Nigerian National Petroleum Corporation (NNPC) to site a multi-million-dollar gas plant at Asaa, Ohaji-Egbema Local Government Area of Imo state.

This was revealed by the Executive Governor of Imo State, Senator Hope Uzodinma, during the commissioning of the project.

Governor Uzodinma assured the residents that the recent development in their community will lead to massive employment of both unskilled and skilled workers, ensuring a win-win situation for all.

He further allayed fears of government neglect and possible collusion with oil companies to the detriment of the community

the joint project is a signature gas project executed 50% by SEPLAT Group and 50% by Nigerian National Petroleum Corporation (NNPC) at Asaa, Ohaji/Egbema, Imo State.

“I was at the multi-billion Naira Gas Project sited at Asaa, Ohaji/Egbema, alongside the Seplat chairman, Dr. A.B.C Ojiako and his management team. I assured the people of Asaa community that my administration will stand as a referee to make sure that development is brought to the people by the Seplat Group,” the Governor said.

“Gone are the days when Oil Companies collude with a few community leaders to exploit the rest of the host communities. The Imo State Government will not encourage a situation where oil companies doll out monies to the leaders of their host communities, but will ensure that developmental projects such as hospitals, good roads and schools are provided as part of the company’s community relations services.”

According to the Managing Director of Seplat Group, Dr. A.B.C Ojiako, the joint project is a signature gas project executed 50% by SEPLAT Group and 50% by Nigerian National Petroleum Corporation (NNPC) at Asaa, Ohaji/Egbema, Imo State.

“I informed the people that I have the assurances of the company to ensure that they employ both skilled and non-skilled workers in their company, however, urged the community to be a good host to the company in order to ensure a win-win situation for both parties,” Jaiz bank said

“Furthermore, I commend the Managing Director, Seplat Group, Dr. A.B.C Ojiako, for his humanitarian efforts in bringing developments to the host community, the State, and the Country at large.”

Seplat has also announced the retirement of Mr. Michael Alexander and Mrs. Ifueko Omoigui Okauru as directors, with effect from January 31, 2021.

This disclosure was made in a notification sent to the Nigerian Stock Exchange (NSE) by Seplat and signed by its Company Secretary and General Counsel, Mrs. Edith Onwuchekwa.         

Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals and insights from Africa’s business, economy and more. SUBSCRIBE

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.