Governor Peter Mbah of Enugu State has signed an Executive Order mandating the relocation of the Coal Camp spare parts and allied trades markets to the new International Spare Parts and Allied Trades Park.

The newly designated site spans Udi and Ezeagu local government areas along the Enugu-Onitsha Road.

This new market is designed with world-class infrastructure, including safety codes, a fire service station, a truck park, a clinic, and residential areas for traders.

The order, titled “Designation and Establishment of the Enugu International Motor Spare Parts and Allied Traders Park,” was signed in the presence of the state’s Attorney General, Dr. Kingsley Udeh, and leaders of the spare parts dealers’ association at the Government House on Friday.

Governor Mbah assured traders that the new market was purpose-built with all necessary amenities, addressing the shortcomings of the Coal Camp Market.

This new market is designed with world-class infrastructure, including safety codes, a fire service station, a truck park, a clinic, and residential areas for traders,” he said.

The President of the Enugu Motor Spare Parts Dealers Association, Chief Michael Nomeh, expressed gratitude, noting that previous administrations had failed to fulfill similar relocation promises.

“Since 1999 we have heard numerous promises to relocate us, but none were kept. Governor Mbah has proven to be a leader of action, fulfilling this promise in less than two years,” Nomeh said.

Source: DailyTrust 

The Federal Government has given approval for the construction of a modular refinery in Abia State.

Abia State Governor Dr Alex Otti said the modular refinery would be built by H.I.S. Refinery and Petrochemical Company Limited.

Otti spoke during the flag-off of the reconstruction of 11.1 kilometers Obehie-Umudibia-Owaza road.

He said the refinery would be cited at the Abia Industrial and Innovative Park (AIIP) in Owaza, Ukwa West local government area of the state. Flagging-off the road project at St. Ann Secondary School, Obehie Asa,

Otti said that the road at completion, would boost marketability and viability of Abia Industrial and Innovative Park (AIIP). He said that significant changes would occur in the area after the completion of the road.

This project is therefore not just about creating access to the towns and villages along these corridor, it is more about reviving dormant economic assets, opening new horizons and reigniting the dreams that once starred the souls of our fathers.

“I’ll like to inform you that just a few days ago, we got the good news that the Federal Government has approved a modular refinery which would be cited inside the AIIP. ▪︎The Nation

The Dangote petrochemical plant located at Ibeju-Lekki, Lagos State, is set to introduce its polypropylene products into the local markets.

Polypropylene, a raw material made from petroleum-based thermoplastic polymers, is used for a wide number of different products, including plastic packaging, plastic parts for machinery and equipment, fibers and textiles, piping systems, chairs, and medical or laboratory use, among others.

Giving an update on the petrochemical plant in Lagos, Group Executive Director, Strategy, Capital Projects & Portfolio Development, Dangote Industries Limited, Devakumar Edwin, said that the Dangote Petrochemical will drive massive investment in the downstream industries, generating huge value addition in the country, creating employment, increasing tax revenues, reducing foreign exchange outflow, and increasing the country’s Gross Domestic Product.

“We have 77 types of polypropylene, which can go for different uses that we can produce from our petrochemical plant.

Currently, the plant is capable of producing about 900,000 tonnes of polypropylene per annum. Our Petrochemical plant should be the biggest in Africa.

“Right now, raw materials from polypropylene are imported into the country. There is no foreign exchange for manufacturers to import raw materials.

The Dangote Petrochemical plant is going to take care of this challenge. ” When the raw materials are locally available, there will be many more people who will be willing to invest in the economy.

So, it is not just the savings of foreign exchange from petrochemical products’ importation; the country’s downstream sector will also benefit hugely from the availability of petrochemicals in the country.”