The federal government through the Nigerian Content Development and Monitoring Board (NCDMB) is planing on creating additional 1,500 jobs for Nigerians.

NCDMB officially signed equity investment agreements with two companies-Duport Midstream Company for the establishment of an Energy Park in Egbokor, Edo State, and Eraskon Nigeria Limited, for lubricating oil blending plant in Gbarain, Bayelsa State.

The Board in a statement noted that the investments will catalyze industrialization, with the two partnerships expected to generate about 1,500 direct, indirect, and induced employment opportunities, in addition to several other spin-off economic activities that will be developed where these projects are located.

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Dr. Akintoye Akindele said that the Energy Park targets to create over 1000 jobs and impact 10,000 families, and indicated that the modular refinery would produce a combination of Naphtha, diesel, kerosine and HFO, otherwise known as residual fuel oil.

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He pledged the company’s commitment to exceed expectations and help increase government’s revenue, reduce dependence on imported petroleum products

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