Institution of a new refinery at Lagos is a public non-public partnership mission. This undertaking was initiated to resolve the problem of perennial shortages of by- products of natural resources at Nigeria, while Nigeria has abundance of natural resources however underutilized. The establishment of this mission made many officials and business individuals to take Lagos flights to take their part on this launching. Public sector might simply accomplish this challenge however the non-public sector was additionally concerned simply to boost the utilization of the capability of the private sector. If we look at the opposite facet of the picture we’ll come to know that involvement of private sector outcomes in more environment friendly delivery of services. This is the first new refinery launched in Nigeria in last 20 years. It gave delivery to a number of recent businesses and development alternatives for the existing ones too. An increase in low cost flights to Lagos has been noticed after the inception of this undertaking particularly amongst business travelers.

The thought of putting in new refinery within the country was conceived some two years in the past in 2008 in respect of the State’s participation within the Refinery and Hydrocarbon Industrial Park as a co-investor when delegation comprising of Group Govt Director, Engineering and Know-how Directorate of the NNPC, Mr Billy Agha, prime officials of the Company and the Chinese firm took flights to Lagos and participated in dialogue over this concern, and ultimately they finalized this institution. This idea was warmly welcomed by the people of the country that expresses the readiness of the State to work with the NNPC and the Chinese language on the challenge. This mission is according to the target for organising the Lekki Free Commerce Zone.

After the inception of this idea many wise enterprise persons thought of to take low-cost Lagos flights as a result of they knew it very properly that Lagos metropolis with a inhabitants of 18million represents a really profitable market which might be useful to all of the participants within the proposed refinery enterprise. It’s not solely the first refinery to be launched in final 20 years but can be the first that would be integrated with an Industrial Hydrocarbon Park designed to transform pure gasoline and refined petroleum products into hydrocarbon derivatives. Enterprise persons and job seekers are taking flights to Lagos from UK and plenty of other elements of the world searching for business and jobs related to this challenge because it is predicted that the installation of new refinery would benefit from the 5000 job opportunities for building workers and an estimated 2000 staff that might run the Industrial complex.

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