Pinnacle Oil’s Facility Has Reduced Congestion in Apapa, Cost of Fuel Distribution – THISDAYLIVE

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Deji Elumoye in Abuja and Peter Uzoho in Lagos

President Muhammadu Buhari yesterday inaugurated the Pinnacle Oil and Gas FZE Terminal in Lekki, Lagos, where he disclosed that the operations of the facility have eased congestion in the Apapa area, and reduced the cost of delivery of petroleum product distribution to many parts of the country.

In a visual message at the inauguration of the facility, the president congratulated the Chief Executive Officer of Pinnacle Oil and Gas Limited, Mr. Peter Mbah, for establishing the massive terminal facility and providing hundreds of jobs to Nigerians.

Buhari described the investment as a demonstration of the success of his administration’s agenda to transform the nation’s economy, adding that the federal government looks forward to many more investments of this magnitude.
He reiterated that the federal government would continue to encourage and support investors to take advantage of the ongoing reforms in the…



Source: Thisday Newspaper