jbaur24: @asha 80

Yes, am for sure that the dredging has been effectively completed from high-sea to Onitsha and up to Lokoja. Even some companies has been using the channel for transporting their products. Even the SABMILLER used the Niger River to ship most of their materials from Lagos to Onitsha.

afam4eva: This is great news. I feel pity for CR state.

I just hope our Anambra brothers don't start denying being Igbo and start telling us that their ancestors came from Cotonou.

afam4eva: This is great news. I feel pity for CR state.

I just hope our Anambra brothers don't start denying being Igbo and start telling us that their ancestors came from Cotonou.

Okija_juju:

THE FG owns the oil... WTF is royalties?! I can bet its a JV operation so the FG owns over 50% of every drop of oil mined..

afam4eva: This is great news. I feel pity for CR state.

I just hope our Anambra brothers don't start denying being Igbo and start telling us that their ancestors came from Cotonou.

U.Cyril:
Pls imo,abia and anambra state which one get oil pass? And how many oil well dey anambra state.

U.Cyril:
Pls imo,abia and anambra state which one get oil pass? And how many oil well dey anambra state.

U.Cyril:
Pls imo,abia and anambra state which one get oil pass? And how many oil well dey anambra state.

Torch1: Hmmm! C.Rivers out, Anambra in..

jason123: Nice one Anambra! Hope you put the revenue to good use!!!

billante:

Imo have more! But the difference is not dat much!...anambra is starting with three, with more coming up!.....I know anambra can produce enough oil dat will satisfy the 50,000 Bpd orient refinery crude needs

Da infamous: Orient Refinery Will Save Nigeria $1bn Yearly - says MD
( 20.05.08 )

Nigeria's external reserve would be swollen by about $500 million to $1 billion yearly when the Orient Refinery in Anambra State becomes operational next year.

This was disclosed by the Managing Director/ Chief Executive of Orient Petroleum Resources Plc (OPRP), Chief Emeka Nwawka, in an interview with journalists in Awka.

Nwawka noted that when the refined products and bye-products from Orient Refinery comes on stream in 2009, it would save the nation scarce foreign reserve amounting to about $1 billion currently being spent on the importation of refined products yearly in the first instance. This margin would increase progressively as operations increase and improve, he added.

OPRP, which is the promoters of the refinery project, according to Nwawka, would turn things around positively for the economy.

He said, "The supply of processed hydrocarbon products from the refinery, gas and dependable electricity supply would provide the impetus and feedstock for other industries in Anambra State."

He stressed that in his lecture at the maiden yearly lecture of the Onitsha Chamber of Commerce, Industries, Mines and Agriculture (ONICCIMA) titled, "Orient Petroleum Resources Plc in the eye of a mega city," the refinery would make substantial contribution to the nation's economy, which currently depended mostly on crude oil export.

He pointed out that the Gross Domestic Product (GDP) would be improved directly by increasing the productive industrial sector with the addition of the considerable income from the refinery.

"Indirectly, by provision of reliable energy supply to the rest of the economy, an overall growth will be realised in the country. The direct benefit will include the creation of opportunities for commerce and entrepreneurship, well aid, steady jobs, hard currency savings from import substation, human resource development and skills acquisition through on-the-spot training and creation of social harmony in the project area by the company's participating community relations approach," he maintained.

He stated that new industries would be attracted to the state, while the efficiency of existing ones would be enhanced significantly with the provision of dependable infrastructure.

In addition, the new airport to be built in Anambra State would attract important businesses and services to the state and maintain a highly skilled workforce, adding that it would improve the local environment and open it up for tourism, as well as improve the access to domestic and international transit routes.

Nwawka spoke of the benefits of the refinery to the host communities in the areas of participatory community relations policy; community ranked development projects; sustenance/improvement of native occupations; shareholding; board representation and regular interactive sessions.

On the issue of preservation of the environment, OPRP held itself to the highest international standards, as well as full adherence to Nigerian law, pointing out that the Chairman of the board of directors, Chief Emeka Anyaoku, is the international president of the World Widelife Fund (WWF) having taken over the position from Prince Philip, the Duke of Edinburgh, stressing that it placed the company to not only uphold the highest standards but also be seen as a champion for the preservation of the environment in all its facets.

His words, "Having completed rigorously the due process of Environmental Impact Assessment (EIA) for the refinery, the EIA report had been approved by the authorities and an EIA certificate issued by the Federal Government to OPRP for the construction and operation of Orient refinery."


SO ORIENT REFINERY SAVE $1 BILLION A YEAR FOR NIGERIA ON IMPORTATION PRODUCTS

billante:

Imo have more! But the difference is not dat much!...anambra is starting with three, with more coming up!.....I know anambra can produce enough oil dat will satisfy the 50,000 Bpd orient refinery crude needs

Mr. Globe:

I remember a chat i had with the deputy governor of Anambra state recently and he authoritatively told me that most oil Wells in IMO belong to Anambra and that they are in the final stages of getting them back through the national boundaries commission. He was the first to tell me too about the Anambra oil league stuff.
To the ikwerre matter. Ikwerre people are animalistic, I like as they denied their heritage because their characters does not represent the igbo spirit at all even tho I know they will apologize in future. I hate Ikwerre people.

so why has the mods denied this thread its homepage status? can someone screaàaaàaàäm tribalistic envy