HomeBusiness1200 jobs in danger as erosion sacks plant

1200 jobs in danger as erosion sacks plant

There is heightened panic at a community in a part of the Niger Delta following threats of erosion which is said to have sacked a multi-billion naira indigenous production plant.

As a result, the dream of generating about 1200 direct and indirect employment by an indigenous company at the Eraskorp Industrial Park, Gbarain, in the Yenagoa Local Government Area of Bayelsa State, has been cut short.

The company spearheaded construction work at the Eraskon Lubricant/Chemicals Blending Plant Project as a strategic private-sector driven industrial investment in 2020 as one of Nigeria’s most integrated manufacturing and production facilities.

Promoted by Maxwell Oko, a former commissioner for energy and one-time chairman of the central zone of the Ijaw Youths Council (IYC), the 128,000 -litre per day lubricant/chemicals blending plant was envisioned to produce various grades of engine oils, hydraulic oils, break fluids, radiator coolants, fuel injection cleaners, gear oils, industrial lubricants, marine

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