Friday, 16 September 2016

Rivers Pledges To Pull Nigeria Out Of Recession, As New LNG Plant Takes Off

The Rivers State Governor, Chief Nyesom Wike says  the state investment potentials will help the country  exit her current economic recession.
He equally affirmed that with the recent security network, the state has become an investment haven.
Speaking  after leading members of the State Executive Council and some Rivers elder statesmen  on a tour of the N140billion Green Gas LNG Facility  being constructed by Greenville Nigeria Limited in Rumuji, Emohua Local Government Area, Friday, Wike said  that the  state  is critical to any plan to revive the nation’s  economy.
He said: "Despite  the  negative  propaganda being sponsored  by opposition  politicians  in the state, investors have continued  to  troop to our state. This Green Gas LNG facility, which will serve different states in the South and North of the country, has attracted over N140billion investment  to the country.
"I am happy  that our investments in the security  agencies  have continued  to  yield fruits with greater investor confidence. For us, we will continue  to provide the enabling  environment  for foreign  investors  to bring their funds to Rivers State ", he said.
Wike  said  the project has already started generating employment for the state, pointing  out  that  the  cumulative  effect when it is completed, will further expand the economy  of Rivers State.
He urged the people of  Rumuji community  to cooperate  with  the  investors as they will always benefit  from  the  Green Gas LNG Facility.
"Rivers State is key to the development of this country.  Foreign investors know this fact. There is no reason why anyone who wants to develop  the  economy of this country will ignore this state.  Today, the $1.5billion Indorama Fertiliser Plant is on stream, and now, we are in the process of having  the N140billion Green Gas LNG Facility ",  Wike opined.
Earlier, the Chairman of Greenville Nigeria Limited, owners of Green Gas LNG Facility, Eddy Van Den Broeke said:"We are  in Rivers State to form a partnership  with the state government  for necessary  economic growth ".
He said the project covers 42 hectares  and will employ between 3,000 and 3,500 workers upon completion.
Broeke  said at present, 80 workers daily aRe at the project  site.
He said that on completion, 250 trucks will be loading from the  facility, while it will generate 150 megawatts  of electricity  to serve Rivers State and Nigeria.
The Chairman of Greenville Nigeria Limited added that the gas produced at the  facility  will help other parts of the country produce 600 megawatts of electricity.

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