“So, we are indeed expecting that more investment in the downstream subsector would completely eliminate the sort of scarcity we are witnessing today,” he said.
Asked what prompted his visit to the Villa, Mbah said Pinnacle’s board and the management team came to appreciate the president for accepting to inaugurate the company’s over $1bn product storage terminal in October. “We, Pinnacle Oil and Gas Limited, have come here to express our profound gratitude and our heartfelt appreciation to Mr President.
“You will recall that on October 22, 2022, Mr President inaugurated our storage terminal adjudged to be the largest storage terminal in West Africa, with offshore intake facilities also adjudged to be the deepest intake facility in entire Africa, sitting at a water depth of 23 meters.
“So, we have largely come here to express our gratitude to Mr President for the honour he gave us in inaugurating this large facility, which has actually changed the face of the industry. This facility is located at the Lekki Free Zone, just by the Dangote Refinery.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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