On Saturday (14 Oct. 2023), Senator Asuquo Ekpenyong Jnr., Senator representing Cross River South joined the Chairman of the Senate Committee on Petroleum Upstream Resources, Senator Eteng Williams, and other members to inspect the Snake Island Fabrication and Installation Facility in Lagos.
The Senate has intensively begun the process of resuscitating the moribund $1 billion Kaztec Engineering Limited’s Oil and Gas Fabrication Yard in Snake Island, Ilashe, Lagos State.
This move is part of the Upper Legislative Chamber’s commitment to investigate the reason(s) behind the project shutdown and accordingly, propose solutions that will lead to its revival.
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The committee thinks that the achievement of this objective will play a significant role in the ambition of the 10th National Assembly to contribute to the revitalisation of the Nigerian economy.