The Biggest Oil Refinery Launched in Ibadan by Governor Ajimobi

The Incumbent Executive Governor of Oyo State, Senator Abiola Ajimobi, inaugurated the biggest automated edible oil refinery and Margarine Company in sub-Saharan Africa in Ibadan, Oyo State on Friday 7^th November, 2014.

Ajimobi promised that his administration would continue to do all within its powers to ensure that the state continued to be the preferred destination of investors in Nigeria.

The Company, Rom Oil Mills Limited, a subsidiary of Flour Mills of Nigeria Plc, is expected to refine crude palm kernel oil, crude palm oil and crude soybean oil into refined oil and distilled fatty acids.

Governor Ajimobi stated in his speech at the ceremony that the increase in employment generation through the company would be to the people of the state his own idea of stomach infrastructure.

“This, indeed, is our idea of the so-called stomach infrastructure. We thank the management of the company for their trust and confidence in our state. You have indeed vindicated our stance,” he said.

According to the governor, the establishment of the firm, a-400 metric tonnes per day universal refinery, was another testimony to his administration’s leadership and “investors-baiting” policies. 

He described the development as the dividends of the peaceful atmosphere which his administration had created at its inception as well as the enabling environment which had been attracting foreign investment, stressing that the management of the company would never have invested billions of naira in a violent-prone and dirty Oyo State of the past.

The Governor while stating that thousands of the sons and daughters of the state would be employed by the company, he added that this would have multiplier effects on over a million of their dependants.

Also at the occasion, the Minister of Agriculture, Dr. Akinwumi Adesina, commended the agricultural agenda of the Ajimobi administration, stressing that the governor had done a lot to assist farmers in the state, especially in the provision of tractors and other farm implements.