The Peoples Democratic Party Governors’ Forum, PDP-GF, under the Chairmanship of His Excellency Senator Bala Abdulkadir Mohammed , CON, the Governor of Bauchi State on behalf of all the member Governors heartily applauds, H.E. Engr. Seyi Makinde FNSE, the Governor of Oyo State, his cabinet and the good people of Oyo State on the progress report at the signing of the Final Investment Agreement in London on May 5,2024 for the multi-billion Naira Oyo State Government (OYSG)-Shell Nigeria Gas (SNG) Infrastructure Development and Distribution project.
The Forum is elated with this visionary initiative enabled by his sub-national’s ability to create a conducive business environment for both local and foreign-based investors towards the growth of the State’s economy.
The project involves the construction of a Pressure Reduction and Metering Station (PRMS) and laying of pipelines by SNG on a Build-Own-Operate-Transfer (BOOT) basis.
The Makinde-led administration, by this agreement, is bringing the first flow of gas to industrial, manufacturing and commercial entities as well as the state-owned Independent Power Project in Oyo State in eighteen (18) months.
We are glad to promote its multiple benefits for the State, region and nation generally, as we confidently see a momentous economic leap ahead, guided by a 20-year timed transfer of ownership to the OYSG.
With a guaranteed growth in Commerce and Trade in the State, we foresee abundant business and employment opportunities for the people affirming the government’s poverty rescue mission.
Your Excellency, you have the assurances of our support always, says the PDP as we look forward to its successful completion and commissioning for service delivery.