Connect with us
Advertise With Us

NEWS

Saraki Flags Off 1.5 Million Metric Tonnes Indorama Plant

Published

on


Senate President, Senator Bukola Saraki, yesterday, laid the foundation for the construction of the Fertiliser Train Two of Indorama Eleme Fertiliser and Petrochemicals Limited.
This is as the Rivers State governor, Chief Nyesom Wike, declared that the $3.2billion (USD) for the development of Indorama Eleme Fertiliser and Petrochemicals Limited, is an investor’s destination. Performing the flag off, Saraki said with $3.2billion invested in Rivers State by the foreign investors, it shows that Rivers people are receptive to investors.
“I am congratulating the people of Rivers State for creating the right environment for this investment. I like the example that Rivers people are setting for others to follow.”
The Senate President noted that the successful production of urea in Rivers State, which is used mostly by northern farmers, underscores the need for national unity.
Saraki said, “Urea Fertiliser products are used by farmers, especially in northern part of the country. That tells us that we must unite. We must support ourselves irrespective of party affiliation.
“Without peace, there will be no urea. For all of us in Nigeria, let’s work in the interest of our country.”
While commending the management of Indorama, the Senate President noted the National Assembly would support the growth of the plant.
In his address, Rivers State governor, Chief Nyesom Wike, said that Indorama has performed creditably through quality investments in the state. And Rivers State government would sustain the creation of a peaceful environment for the protection of Indorama’s investment.
The governor said, “We are beneficiaries of the dividends of Indorama Eleme Fertiliser and Petrochemicals Limited. We are happy with the management of the company.”
He wondered why anyone would say that Rivers State is not safe for investments, when the Foreign Direct Investment by Indorama has hit $3.2billion.
Wike said, “I am happy that within my time as Rivers State governor, we commissioned the first train and the flag off of the second train for the Fertiliser Plant.’’


Advertisement
Comments

MOST POPULAR