FG Approves N5.4bn to Build Oil, Gas Parks In Akwa Ibom, Bayelsa

Minister of State for Petroleum, Mr. Timipre Sylva

The Federal Executive Council (FEC) wednesday in Abuja approved N3 billion for the construction of oil and gas parks in Akwa Ibom and Bayelsa States. It also approved N2.413 billion to provide indoor shooting range for aviation security.

Briefing reporters at the end of the weekly FEC meeting, Minister of State for Petroleum, Mr. Timipre Sylva, said the construction of the parks was conceived to support the development and manufacture of oil and gas tools.

According to him, the move will not only provide 1,000 jobs but will also improve the security of the Niger Delta.

Speak Your Mind