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Ondo State Government Signs MOU with Backbone Infrastructure for 500,000 BPD Oil Refinery

Ondo State Government Signs MOU with Backbone Infrastructure for 500,000 BPD Oil Refinery
By: Michael Mike
The Ondo State Government has signed a Memorandum of Understanding (MOU) with Backbone Infrastructure Limited for the establishment of a 500,000 barrels per day oil refinery and development of free trade zone in Igbotiri, Ilaje Local Government Area of the state.
The signing ceremony took place at the Governor’s office in Akure.
The Secretary to the State Government, Dr. Taiwo Fasoranti represented the Governor, Dr. Lucky Aiyedatiwa at the ceremony.
He described the proposed investment as timely and strategic, assuring the investors of a peaceful and business-friendly environment.
He emphasized that the project would boost the state’s economy, create meaningful job opportunities, and reduce crime.
In his remarks on behalf of Backbone Infrastructure, the Vice President, Legal & Corporate services, Barrister Wale Adekola expressed appreciation to the Ondo State Government for the opportunity to partner in the infrastructure development of the State and assured of his company’s commitment to ensure successful delivery of the two projects.
Similarly, the Managing Director / Chief Executive of Backbone Infrastructure Nigeria Limited, Engr. Henry Owonka, revealed that the two projects would be accompanied by basic infrastructure such as roads, terminal storage tanks, and other facilities that will change the landscape of the State.
According to the MOU breakdown on the Refinery, Backbone Infrastructure Limited will hold 65% equity, while the Ondo State Government will hold 20% and the Nigerian National Petroleum Corporation Limited (NNPCL) will hold 15% stake.
Meanwhile, the investors have expressed confidence in the leadership and vision of the Aiyedatiwa-led administration, citing the clarity of purpose and support they have received as the reason for choosing Ondo State as their investment destination.
The state government equally pledged its support for the project, which is expected to transform the state’s economy and create jobs.
Present at the signing of the MOU were the Secretary to the State Government, Dr. Taiwo Fasoranti. Attorney General and commissioner for Justice, Kayode Ajulo, SAN , the ONDIPA Team while the Backbone team was led by Dr. Steve Dike, a member of the Board of Directors representing the Chairman, Senator Ken Nnamani, Managing Director/CEO Engr. Henry Owonka, the Vice President, Legal & Corporate Services, other members of the management team from the Backbone infrastructure limited among other top government functionaries.
Ondo State Government Signs MOU with Backbone Infrastructure for 500,000 BPD Oil Refinery
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Gunmen kill trader in Kafanchan, kaduna

Gunmen kill trader in Kafanchan, kaduna
By: Zagazola Makama
A 42-year-old man, Shok Musa, has been killed by yet-to-be-identified gunmen in Kafanchan in Kaduna state.
Zagazola gathered from reliable sources that the incident occurred on Sunday night near the victim’s shop at Ungwa Kanikon, Gidan Waya.
Security forces rushed to the scene after receiving a distress call, and found Musa with fatal gunshot injuries on his back.
“He was taken to Anglican Hospital, Gidan Waya, where he was confirmed dead by a medical doctor. His body was later deposited at the Kafanchan General Hospital mortuary,”said the sources.
The sources added that investigation had commenced, and efforts were ongoing to track down and arrest the perpetrators.
Gunmen kill trader in Kafanchan, kaduna
News
Security forces fortify Kaduna–Abuja rail line, Rigasa station and highway

Security forces fortify Kaduna–Abuja rail line, Rigasa station and highway
By: Zagazola Makama
Security forces have intensified patrols and security measures along the Abuja–Kaduna railway corridor, Rigasa train station, and the Abuja–Kaduna highway.
Sources said the move was part of efforts to protect critical transport infrastructure and forestall criminal attacks.
The sources stated that area commanders in Jere and Kakuri, as well as divisional police officers along the rail corridor, had been placed on red alert in collaboration with other security agencies.
“Rigasa train main station has been fortified, while patrols along the railway line and sub-stations have been intensified. Patrol vehicles deployed on the Abuja–Kaduna highway are maintaining 24-hour visibility, with hourly situation reports rendered accordingly,”said sources.
Security forces assured the public of its commitment to ensuring safe travel and the protection of lives and property across the state.
Security forces fortify Kaduna–Abuja rail line, Rigasa station and highway
News
Two killed as troops repel bandit attack in Katsina

Two killed as troops repel bandit attack in Katsina
By: Zagazola Makama
At least two persons were killed following an attack by suspected bandits on villages in Dutsinma Local Government Area of the state.
Sources said the incident occurred on Sunday night when bandits invaded Babangida and Madugu villages.
The sources said that the military troops of Operation FANSAN YANMA in collaboration with the police and local patrol teams, responded swiftly and engaged the attackers in a gun duel, forcing them to abort a planned assault on Sabon Garin Safana village.
“However, two victims, identified as Shamsu Sani, 25, of Makera, and Abdurrashed Rabe, 25, of Tashar Mangwaro, sustained critical injuries and were rushed to the General Hospital, Dutsinma, where they were confirmed dead,” said the sources.
The sources said that efforts were ongoing to track down and arrest the fleeing bandits.
Two killed as troops repel bandit attack in Katsina
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