FG Approves Construction Of Oloibiri Oil For N117bn
The Federal Executive Council has on Wednesday approved a sum of N117 billion contract for the construction of the Oloibiri Oil Museum and Research Center.
This was disclosed by the Minister of State for Petroleum Resources, Timipre Sylva, at the Presidential Villa while speaking with journalists on the conclusion of the FEC meeting chaired by President Muhammadu Buhari.
The minister said the contract was awarded to Julius Berger Plc, with a completion target of 30 months.
Speaking on the fuel scarcity, Sylva disclosed factors leading to scarcity of the product are not under the control of the Ministry.
He, however, said the Federal Government is making sure incessant fuel scarcity across the country is resolved.
