The National Youth Council of Nigeria (NYCN), Rivers State chapter has thrown its weight behind an indigenous oil company, Belemaoil, for providing jobs to members of its host communities.
The youth council thanked Belemaoil for engaging 520 youths.
Belemaoil on June 1 acquired some oil blocks belonging to American oil giant, Chevron Nigeria Limited.
Speaking at a news conference yesterday at Rivers State Youth Council Secretariat in Port Harcourt, the NYCN Chairman , Rivers State chapter, Sukubo Sara-Igbe Sukubo, thanked Belemaoil for showing that indigenous company were capable of operating oil mining licences.
Sukubo said: “Our visit to the office of the owner of Belemaoil has made us to speak authoritatively. He has assured us that the company is currently working with its overseas partners and Department of Petroleum Resource (DPR) to launch a 30,000 barrels floating refinery.
“And LPG unit, scalable floating power generating barges of 135mw in phase 1 to 650 in phase 2. These loadable projects made the youths to pass vote of confidence on Belemaoil. Don’t forget that over 80 percent of the recently employed staff are youths.”