Nigeria’s minister of state for petroleum resources, Chief Timipre Sylva, has confirmed that Nigeria has recorded its first investment in hydro-skimming modular refinery in Azikel Refinery located in Yenagoa, Bayelsa State.

The investment is coming at a time the country is battling with huge budget deficit and foreign exchange challenges occasioned by low oil price and the coronavirus pandemic.

During a physical tour and inspection of the refinery, which is a subsidiary of the Azikel Group, Sylva expressed satisfaction with the level of detailed engineering works and accomplishment deployed in the development of the Azikel Refinery.

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Source: OrientEnergyReview