Enugu: ‘Ije Ego’ Oil and Gas debuts in Oji River LGA

….Igwe Okefi laments power outage in Oji Urban

From Maurice Okafor, Enugu

A new Oil and Gas company with vernacular name ‘Ije Ego’ Oil and Gas,has successfully scaled through the rigorous pains to be registered by the Corporate Affairs Commission(CAC) among the new indigenous Oil companies operating in Nigeria.

The Chief Executive Officer/Managing Director, Mr Ikechukwu Chukwuduba said he decided to establish the gas plant in the semi urban axis of Enugu state,as his own contribution in gingering the tide of development in the rural areas,creating more towns in Enugu state and enhancing job opportunities for the rural dwellers.

Mr Chukwuduba’s initiatives is in line with the clarion call by Ohanaeze Ndigbo, which is the apex body of all Igbo socio cultural organizations for Igbos in diaspora to think home and promote South East economy by investing in the zone.

Speaking to newsmen at the official opening of ‘Ije Ego’ Oil and Gas plant, located at Plot 14 Dodo layout,Oji River,on Sunday, March 23rd,Mr Chukwuduba said he is very much aware that he will be making more money if has built the gas plant in Enugu or any other township in Nigeria but decided to establish the first gas plant of his company at Dodo Oji River for the comfort and accessibility of the people.

He stated, “It is wise to start luring investments into our country. I have some other investments in Enugu metropolis and it is good to establish some of our investments at Oji River local government area,to uplift our people and to develop our communities”

He assured that by the special grace of God,more branches of the Oil and Gas plant will be established.

The official opening ceremony of Ije Ego Oil and Gas plant at Dodo Oji River was extra ordinary. It started with a Thanksgiving service to express God’s grace and mercies upon the entire Chukwuduba’s family,at St. Andrews Anglican Church Ahani-Achi,Oji River local government area before the official opening ceremony at Dodo layout, Oji River where the gas plant is located.

Ordained priests from both Anglican and Catholic denominations also offered prayers to mark the official opening ceremony of the gas plant located at Plot 14,Dodo layout, Oji River.

Thereafter,the CEO/Managing Director,Mr Ikechukwu Chukwuduba conducted his guests to the various departments of the gas station which includes the security post and security tower at the gate,the accessories store.comprising of gas cylinders,gas burners, nozzles,etc and administrative offices

Others include the filing station, the metering house,Plant house, Power house and an overhead gas tank.
A functional borehole in the compound makes usage and accessibility of water always available.

A functional and a stand by Generator were also provided by the management to enhance 24 hour operation.

Another good feature of the official opening ceremony of Ije Ego Oil and Gas plant,on Sunday March 23rd was the fact that cooking gas was sold to customers at subsidized price per liter.
The manager,Mr Ajeh Sunday Abel said up to 100 customers benefited from the largesse.

Dignatories who graced the occasion comprising of the Clergy, Traditional rulers, politicians, business men and civil servants,poured encomiums on Mr Ikechukwu Chukwuduba for bringing such huge Investment into Oji River, particularly in Dodo axis of Oji River,stating it will solve the problem of distance in purchase of gas by the residents.

Chief Akaoma Jideaku, a friend of the Managing Director promised to be sending a monthly subvention of fifty thousand naira to the security officials in the area to enhance their operations in safeguarding the establishment.

The President General of Ahani Achi autonomous community, Hon.Kingsley Ezeh, also commended Mr Chukwuduba for investing in Oji River local government area and pleaded with other illustrious sons of Oji River to also think home.

The Igwe of Oji River Urban,HRH Igwe Oliver Okefi, extolled Mr Chukwuduba for surmounting the challenges for his dream of establishing an oil company to become a reality.

Igwe Okefi further commended him for bringing the invest home,stating Oji River desires more indigenous investors to fast track development of the town. However, he condemned power outage in Oji Urban which had lasted for more than three weeks.

He lamented that the ugly development has degenerated rate of economic activities in the town.

He said that Oji Urban posseses a lot of potentials to contribute positively in the goal of raising the growth domestic product of Enugu state from four million dollars to 30 million dollars,which is the dream of Governor Peter Mbah led administration in Enugu state.

He said they are welcoming private sector initiatives into Oji River to consolidate on the state government Development agenda in the town, but the derail of EEDC in maintaining steady supply of power in the town may constitute a set back.

He tasked EEDC to do the need in restoring effective power supply to OJi Urban.

He stated,”At a point we are pleading with indigenous entrepreneurs to open their business outfits in Oji River, we are traumatized with total power outage for almost one month,EEDC should do the needful”,Igwe Okefi stated.

End.

Joe Abuchi
Read More

Latest

Glenmark Pharma Q1 profit jumps over 10-fold as India, North America businesses power growth

Pharma major Glenmark Pharmaceuticals Ltd on Friday (July 31) reported a 930% year-on-year increase in consolidated net profit to ₹483 crore for the first quarter, compared with ₹47 crore in the corresponding quarter last year. The company's revenue rose 23% year-on-year to ₹4,018 crore, compared with ₹3,264 crore a year earlier. At the operating level

Crypto Hack : COLDCARD Wallet Flaw Linked to $38 Million BTC Theft

Coinkite has disclosed a critical entropy-generation flaw affecting certain COLDCARD Mk2 and Mk3 firmware versions that may have weakened the security of wallet recovery seeds. According to PeckShield, the vulnerability has been linked to the theft of about $38 million in Bitcoin. Users who generated seeds using affected firmware are advised to update to the

Could STX See a Resurgence Through Institutional Bitcoin Capital?

Stacks (STX) powering Bitcoin-native Finance targets idle Bitcoin, an op portunity that remains one of the largest untapped pools of capital in crypto. According to Binance Research, less than 1% of total BTC supply is currently used productively across DeFi, against staking ratios above 30% for Ethereum and 60% for Solana. Whoever converts even a

FTX Repayments: Creditors to Receive Another $900 Million

FTX will begin distributing another $900 million to creditors starting tomorrow, bringing total repayments since the exchange’s 2022 collapse to nearly $10 billion. Many creditors are expected to recover more than 100% of their original claim value based on the bankruptcy filing date, while some smaller accounts could receive up to 120%. The latest payout

Newsletter

Don't miss

Glenmark Pharma Q1 profit jumps over 10-fold as India, North America businesses power growth

Pharma major Glenmark Pharmaceuticals Ltd on Friday (July 31) reported a 930% year-on-year increase in consolidated net profit to ₹483 crore for the first quarter, compared with ₹47 crore in the corresponding quarter last year. The company's revenue rose 23% year-on-year to ₹4,018 crore, compared with ₹3,264 crore a year earlier. At the operating level

Crypto Hack : COLDCARD Wallet Flaw Linked to $38 Million BTC Theft

Coinkite has disclosed a critical entropy-generation flaw affecting certain COLDCARD Mk2 and Mk3 firmware versions that may have weakened the security of wallet recovery seeds. According to PeckShield, the vulnerability has been linked to the theft of about $38 million in Bitcoin. Users who generated seeds using affected firmware are advised to update to the

Could STX See a Resurgence Through Institutional Bitcoin Capital?

Stacks (STX) powering Bitcoin-native Finance targets idle Bitcoin, an op portunity that remains one of the largest untapped pools of capital in crypto. According to Binance Research, less than 1% of total BTC supply is currently used productively across DeFi, against staking ratios above 30% for Ethereum and 60% for Solana. Whoever converts even a

FTX Repayments: Creditors to Receive Another $900 Million

FTX will begin distributing another $900 million to creditors starting tomorrow, bringing total repayments since the exchange’s 2022 collapse to nearly $10 billion. Many creditors are expected to recover more than 100% of their original claim value based on the bankruptcy filing date, while some smaller accounts could receive up to 120%. The latest payout

Hyperliquid News: HYPE Whales Unstake Millions as Protocol Revenue Tops $1.21 Billion

Hyperliquid is drawing attention after large HYPE holders unstaked millions of tokens, including one wallet that withdrew 1.02 million HYPE and another that transferred 1.89 million HYPE worth about $105.9 million to institutional brokers, a move often associated with over-the-counter sales. Despite the whale activity, the protocol generated $1.18 million in daily fees and burned

‘Sabah is open for business’: Hajiji courts investors with promise of sustainable growth, carbon‑negative credentials

Sabah is pitching itself as an Asia-Pacific hub for impact investing, betting that its forests, biodiversity and natural resources can become drivers of economic growth as it seeks private capital for sustainable development. — Picture by Firdaus Latif By Julia Chan First Published: Monday, 13 Jul 2026 11:44 AM MYT KOTA KINABALU, July 13 —

Want Your Business to Be Seen Everywhere? Meet Tonia Ryan, Creator of Fix Your Search

Some people are good at their jobs. Then there is Tonia Ryan, who has turned “getting found online” into something close to magic. She is the creator of Fix Your Search, and if you have ever wondered why some businesses pop up everywhere while others seem invisible...

Grey Business processes $61 million as stablecoins dominate payments

Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT...