News
BINL to Build $15 billion 500,000 BPD Refinery, Establish Free Trade Zone in Ondo State
BINL to Build $15 billion 500,000 BPD Refinery, Establish Free Trade Zone in Ondo State
By:Michael Mike
Backbone Infrastructure Nigeria Limited (BINL) has concluded plans to construct and operate a 500,000 barrel per day (BPD) refinery at the Sunshine Industrial Park in Ogboti, Eruuna and establish the Sunshine Free Trade Zone (FTZ) in the Ilaje Local Government Area of Ondo State.
The refinery, a joint venture with the Ondo State Government represented by the Ondo State Development and Investment Promotion Agency (ONDIPA), will cost $15 billion, with phase one expected to be completed within 48 months.
BINL is exploring partnership with the Nigerian National Petroleum Corporation Limited (NNPCL) to facilitate the delivery of this ultra-modern crude oil refinery.
According to a statement on Wednesday. BINL has scheduled a courtesy visit to the Executive Governor of Ondo State, Hon. Lucky Aiyedatiwa on July 14, 2025.
BINL and the Ondo State Government represented by ONDIPA, will then formally execute memoranda of understanding on July 15, 2025 to kick off the delivery of these projects.
According to BINL, a multi-sectoral infrastructure development company with offices in Abuja, London and Zug, this project will be phased commencing with a 100,000 refinery.
BINL’s Vice President for Corporate Services, Mr Wale Adekola, said the BINL refinery will provide petroleum products for local consumption, feedstock for other local industries and petroleum products for the international market.
The refinery project includes the construction of roads, storage tanks, loading bays, terminals and handling equipment. The scope of the Free Trade Zone Project includes the development of the required infrastructure and facilities for the effective operation and management of the Free Trade Zone.
The development framework includes a comprehensive and strict governance structure the development of the local community in compliance with international standards and relevant laws.
According to Adekola, these projects will contribute significantly to reducing Nigeria’s trade deficit, conserving foreign exchange reserves, increasing government revenue and economic development.
He said at the state and local levels, these projects will create local jobs, stimulate the local economy through increased demand for goods and services, noting that the Corporate Social Responsibility (CSR) strategy includes community engagement programmes, such as education initiatives, local employment quotas, and infrastructure development for surrounding communities.
He revealed that the company is engaging local stakeholders early to mitigate potential opposition to the project.
BINL to Build $15 billion 500,000 BPD Refinery, Establish Free Trade Zone in Ondo State
JNIM terrorists clashes with rival factions in rare encounter in Nigeria’s Kebbi state
By: Zagazola Makama
A suspected clash between rival terrorists factions has been reported in Kebbi State, raising fresh security concerns in the North-West region.
Sources said the incident occurred on April 4, when a group identified as Jama’at Nusrat al-Islam wal-Muslimin (JNIM) claimed it engaged a rival faction described as “Khawarij”.
The group alleged that one fighter was killed and another captured during the encounter, while three motorcycles and about N10 million were recovered.
However, the identity of the opposing group has yet to be independently verified.
Preliminary indications suggest the rival faction may be linked to Boko Haram or one of its splinter groups, though this remains subject to confirmation.
Security sources said the development could represent one of the first reported inter-jihadist clashes in the region.
JNIM terrorists clashes with rival factions in rare encounter in Nigeria’s Kebbi state
Troops foil mob attack, rescue suspected terrorist in Danmusa in Katsina
By: Zagazola Makama
Troops of 17 Brigade have foiled an attempt by a mob to lynch a suspected terrorist and burn down a police station in Danmusa Local Government Area of Katsina State.
Security sources said the incident occurred at about 4:30 p.m. on April 5, 2026, when troops deployed at Combat Team 1 in Danali village responded to a distress call from a Nigerian Police outpost in the area.
The police had reported that a large crowd attempted to set the station ablaze and attack personnel after a suspected terrorist was brought into custody.
Troops were immediately mobilised to the scene and successfully prevented further escalation of the situation, restoring order in the area.
During the intervention, police personnel reportedly fired tear gas to disperse the irate crowd, which led to injuries sustained by one civilian.
The injured victim was evacuated to a medical facility for treatment.
Security sources said calm had since returned to the area, while troops continued to maintain presence to prevent a resurgence of violence and ensure stability.
Troops foil mob attack, rescue suspected terrorist in Danmusa in Katsina
Plateau: troops launch manhunt after armed robbery attack in Bassa LGA
By: Zagazola Makama
Troops of Operation Enduring Peace have launched a manhunt for suspected armed robbers who attacked three civilians along the Jebbu–Miango–Rewienko road in Bassa Local Government Area of Plateau State.
Security sources said the incident occurred at about 8:55 p.m. on April 5, 2026, when the victims were reportedly ambushed by armed men who dispossessed them of their motorcycles before fleeing the scene.
Troops of Sector 3 Operation Enduring Peace were immediately mobilised following the distress call but arrived after the attackers had escaped.
Efforts are ongoing to track and apprehend the fleeing suspects, while patrols have been intensified in the area to prevent further criminal activity.
Plateau: troops launch manhunt after armed robbery attack in Bassa LGA
JNIM terrorists clashes with rival factions in rare encounter in Nigeria’s Kebbi state
Troops foil mob attack, rescue suspected terrorist in Danmusa in Katsina
Plateau: troops launch manhunt after armed robbery attack in Bassa LGA
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