Ondo Refinery and Sunshine Free Trade Zone Project
Sector: Manufacturing (Industrial) • Location: Ilaje, Ondo State, Nigeria
Source: Punch Newspapers
Backbone Infrastructure Ltd has secured over $50 billion in funding for the development of a 500,000 barrels-per-day refinery and the Sunshine Free Trade Zone in Ilaje Local Government Area of Ondo State, Nigeria. The project aims to transform Ondo State into a key refining and export hub, reduce Nigeria's reliance on imported refined fuel, and create thousands of jobs. The project includes refine
- Status
- Prospective
- Sector
- Manufacturing (Industrial), Warehouse, Oil and Gas, Road, Government, Residential
- Location
- Ilaje, Ondo State, Nigeria
- Updated
- 22 Jul 2026
- Source
- Punch Newspapers
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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 | Backbone Infrastructure Ltd has secured over $50 billion in funding for the development of a 500,000 barrels-per-day refinery and the Sunshine Free Trade Zone in Ilaje Local Government Area of Ondo State, Nigeria. The project aims to transform Ondo State into a key refining and export hub, reduce Nigeria's reliance on imported refined fuel, and create thousands of jobs. The project includes refinery facilities, storage, loading bays, terminals, internal roads, and a 1,471-hectare free trade zone with industrial clusters, logistics, and residential zones. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
State | Ondo State |
City | Ilaje |
Source
Source | Punch Newspapers |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Warehouse, Oil and Gas, Road, Government, Residential |
Article published date | 2025-11-06 |
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