FEC approves N5.4 billion for oil, gas parks – Download here


The Federal Executive Council (FEC) meeting on Wednesday approved N5.4 billion for construction of Oil and Gas parks and indoor shooting range.

The Minister of State for Petroleum, Timipre Sylva, and the Minister of Aviation, Hadi Sirika, briefed State House correspondents at the end of FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja.
Sylva said FEC approved N3 billion for Oil and Gas parks in the Niger Delta region.

According to him, the parks are to support the development of Oil and Gas tools.

He said that the parks will create additional 1000 jobs and improve security in the region.