Nigeria is on the verge of making history as President Bola Ahmed Tinubu prepares to commission the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8th, 2025, the first crude export facility to be built in the country in more than five decades.

In 2019, the FG through the Department of Petroleum Resources, DPR, gave approval to Green Energy International Limited, GEIL, operator of the Otakikpo marginal field in Oil Mining Lease OML 11, to construct a one million-barrel capacity onshore terminal in Rivers State.

At the State House and in attendance were Late President Muhammadu Buhari, former Vice President Yemi Osinbajo, then Minister of Petroleum Resources, Ibe Kachikwu, then Minister of State, Petroleum Resources and Maikanti Baru, Group MD, NNPC

In a statement by former Director of Corporate Affairs, Mr. Olusegun Ilori, Green Energy said the issuance of the Approval to Construct, ATC, was sequel to the DPR’s review of the detailed engineering design for the onshore crude oil storage facility to be built in the proposed Industrial park in Ikuru Town, Andoni Local Government Area of Rivers state.

The landmark project, developed by Green Energy International Limited (GEIL) in Ikuru Town, Andoni LGA, stands as the first wholly Nigerian-built onshore crude export terminal since the Forcados Terminal in 1971.