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December 6, 2017

THE GUARDIAN NG

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New free zone developer, Notore targets $5bn FDIs, 25000 jobs

The Oil and Gas Free Zones Authority (OGFZA) has conferred the Oil and Gas Free Zone Developer status on Notore Chemical Industries Plc, following its satisfactory compliance with the requirements for a free zone developer licence.
At the licence presentation ceremony in OGFZA’s office in Abuja Managing Director of OGFZA, Umana Okon Umana, said government was pleased with the prospect that Notore Oil and Gas Free Zone will attract more than $5 billion in foreign direct investments (FDIs) into country and create 25,000 jobs with its new status as a free zone developer.
Notore Chemical Industries Plc, a Nigerian agro-allied, petrochemicals and power company is located within the Eleme industrial hub of Rivers State.
Its Group Managing Director, Onajite Okoloko, said at the licensing ceremony that the free zone developer status, “Will propel the company and the country to become one of the largest petrochemical, fertilizer, refining, methanol, power, E&P logistics and hydrocarbon processing hubs in the world.

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December 6, 2017

THE GUARDIAN NG

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