The Chairman and CEO of Gasoline Associates International Limited (GAIL), Dr. Lukman Akande Bolaji has given assurance that his refinery will redefine product availability in Nigeria when it comes on stream.
According to Bolaji, the refinery to be sited at Ipokia, a quiet corner of Ogun state, is designed to process 100,000 barrels of crude oil per day in its initial phase, with the capacity to scale up to 450,000 barrels daily.
Once operational, it will deliver essential fuels such as Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Liquefied Petroleum Gas (LPG), and Jet Fuel (ATK), along with petrochemical derivatives for both domestic use and international markets.
This initiative represents a strategic response to Nigeria’s dependency on imported petroleum products and positions Ogun state as a hub for energy and industrial innovation in West Africa.
The project has attracted attention from both local and international stakeholders, including the WOFBI Alumni Association, whose mission to promote transformational leadership resonates deeply with Bolaji’s ethos.
A man of many firsts with over 25 years of diverse professional experience spanning information technology, banking, energy, academia, and international business consulting, he noted.
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