The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.9billion for the provision of water and fire service equipment in the National Oil and Gas Park to be sited in Odukpani, Cross River State

The Minister of State for Petroleum Resources, Mr Timipre Slyva, made this known at the end of the second session of the virtual meeting of the FEC coordinated from the Council Chamber of the State House, Abuja.

According to the minister, the project when completed, will provide additional infrastructural facility for the manufacturing of Oil and Gas components for the sector and boost economic activities in Cross River.

“Today, Council approved the provision of water and fire service equipment in the National Oil and Gas Park to be sited in Odukpani, Cross River State, in the sum of N2.9billion.

“The oil and gas scheme is to provide an environment, a corridor for citing industries that would produce components locally for the oil and gas industry.

“Of course, these parks will create jobs and also increase local capacity and participation in the oil and gas industry,’’ he said.