Oil Refinery Project on Tongeji Island
Sector: Oil and Gas • Location: Ipokia, Ogun, Nigeria
Source: Businessday
A group of investors, led by Lukman Bolaji, is in talks with the Ogun State Government to construct a 400,000-litre-per-day oil refinery on Tongeji Island. The project will be developed in phases on 800 hectares of land, with the first phase expected to cost $3 billion and be completed in three years.
- Status
- Prospective
- Sector
- Oil and Gas, Manufacturing (Industrial), Government
- Location
- Ipokia, Ogun, Nigeria
- Updated
- 22 Jul 2026
- Source
- Businessday
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A group of investors, led by Lukman Bolaji, is in talks with the Ogun State Government to construct a 400,000-litre-per-day oil refinery on Tongeji Island. The project will be developed in phases on 800 hectares of land, with the first phase expected to cost $3 billion and be completed in three years. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
State | Ogun |
City | Ipokia |
Source
Source | Businessday |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Manufacturing (Industrial), Government |
Article published date | 2025-03-20 |
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