The president will also unveil other private industries

President Goodluck Jonathan will, on Thursday, commission the first oil well in Anambra State to commence crude oil production.

The crude oil production was contracted to Orient Petroleum Resources by the state government to exploit the state?s oil resources.

The company, which has completed a 10km access road leading to the well, is operating under a public-private partnership.

Orient has licence for two oil blocks, OPL 915 and 916, covering an estimated area of 2158 square kilometre.

Orient Petroleum earlier said it had completed a well in Anambra State, adding that they had also installed facility for the production and evacuation of crude oil.

It also said that it had plans to drill some high capacity wells to guarantee crude oil feedback for the refinery, noting that the present state of oil development activities would facilitate early completion of the refinery.

According to the one-day programme of events, the president will also commission three private industries at the Harbour Industrial Estate and the River Port in Onitsha.

The industries are Krisoral Industry for the production of pilfer-proof caps and bottle corks; Orange Drugs factory; and Sabmiller Brewery, the second biggest brewery in Africa.

The Managing Director of Krisoral, Oranu Chidume, revealed that with the commissioning, Nigeria would be saving huge foreign exchange hitherto spent on imported corks and bottle caps, an area he said was hardly regulated by the government.

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