Petrolex set to begin operations in Ogun, targets 1,000 jobs

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Uba Group

The Public Private Partnership policy of Governor Dapo Abiodun-led administration has gained further traction as a private oil and gas company, Petrolex, is set to begin operations in Ogun State in the next five weeks.

Fielding questions from newsmen shortly after a meeting with Governor Abiodun, the Chairman and Chief Executive Officer of the company, Segun Adebutu, said the project would expand the economy base of the state.

He disclosed that no fewer than 300 people have already been employed, while over 1,000 others would be engaged when the company begins full operation.

“We came to discuss with the governor about our project at Ibafo in Obafemi-Owode Local Government Area, oil and gas project. It has been a long journey and I am happy that it is finally coming into being active in the next few weeks.

“It started in 2017 and it will go into full operation in the third week of January 2022. Already, we have employed about 300 and by the end of January, over 1000 people will be working there.

“As you know, the governor has an oil and gas background. He understands what I am here to do and this makes my discussion with him easy and fruitful,” Adebutu explained.

He, however, commended the governor for carrying out developmental projects, especially the road infrastructure, which according to him remained one of the basic infrastructure needed to drive investment in any society.

“I have seen a lot of projects in the state and I am particularly happy for the one that leads to my project site. If the projects continue in this fashion, I think Ogun State will be in a better position before the end of the governor’s tenure,” Adebutu submitted.