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Federal Government To Spend N117Billion On Oil Museum

by Victor Ndubuisi
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Timipre Sylva, Minister of State for Petroleum Resources, announced this to State House Correspondents at the end of the Council’s meeting on Wednesday, which was presided over by President Muhammadu Buhari.

The Federal Executive Council has authorized N117 billion in funding for the construction of the Oloibiri oil museum in Bayelsa State, Southern Nigeria.

Timipre Sylva, Minister of State for Petroleum Resources, announced this to State House Correspondents at the end of the Council’s meeting on Wednesday, which was presided over by President Muhammadu Buhari.

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According to Sylva, the proposed museum will also function as a research facility, enhancing academic activity.

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Sylva said, “The Federal Executive Council today approved the award of the contract for the construction of the Oloibiri Oil Museum and Research Centre to Julius Berger PLC in the sum of N117 billion with a completion time frame of 30 months.”

 

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