The announcement was made by Olu Verheijen, Special Adviser to the President on Energy, via her official X (formerly Twitter) handle on Wednesday.
“It gives me great pleasure to congratulate my dear brother, Professor Anthony Adegbulugbe — former Special Adviser on Energy and Strategic Matters to President Olusegun Obasanjo, and an illustrious son of Ondo State — on the successful launch of the $400 million Otakikpo Onshore Crude Oil Export Terminal by Green Energy International Limited,” Verheijen wrote.
She described the project as a “landmark achievement,” praising it as the first facility of its kind in over five decades, and a testament to “visionary leadership, technical depth, and Nigeria’s growing capacity to deliver world-class energy infrastructure.”
Speaking at the commissioning ceremony, President Bola Tinubu — represented by Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) — described the terminal as a key milestone aligned with his administration’s Renewed Hope Agenda.
He emphasized the project’s significance in expanding Nigeria’s energy infrastructure, enhancing indigenous participation, and strengthening national energy security.
Reiterating the importance of hydrocarbons to the Nigerian economy, President Tinubu stated, “Oil and gas will never go away. The International Energy Agency has now admitted that the world must invest over $540 billion annually in the upstream sector to avoid an energy crisis. We cannot abandon our God-given resources.”
The President also disclosed that the Federal Government is engaging with Ogoni leaders to resolve long-standing disputes that have hindered oil production in the region, in a bid to unlock further energy development.