President Muhammadu Buhari has bemoaned the dwindling fortunes in the oil industry in the country, adding that his tenure as petroleum minister under Obasanjo regime was successful.
The president, while speaking in Abeokuta, the Ogun State capital, during the 40th anniversary of the state, commended former President Olusegun Obasanjo for giving him the opportunity to serve.
President Buhari made the statement during the state luncheon organised in his honour by Ogun State government to wind up the two days official visit of the president to the state.
President Buhari, who spoke at the Muhammadu Buhari Estate in Kobape, Abeokuta, said his regime made a lot of investments in infrastructural through the industry.
He recalled that he built two refineries of Warri and Kaduna, more than 20 depots andover 3,500 pipelines were laid.
He said, “I can’t leave here without appreciating President Obasanjo who when he was the head of state in uniform made me the Minister of Petroleum, and he tolerated me for three and half years.
“He tolerated me because God knows and I also know, I wasn’t active the way he will do things but he allowed me to last that longer and allowed me to work; and it will go on record that the government make more investments and infrastructural developments in the petroleum industry.
“Two refineries were built – Warri and Kaduna – more than 20 depots were built, more than 3,500 pipelines were laid and we were exporting refined products of 100,000 barrel per day after satisfying the local market; what do we have today? I will like to stop here.”
The president, who commissioned number of projects across the state commended the people oriented projects of the administration in the state.
The president also recalled his times in Abeokuta when he was commissioned as a military officer, saying he had lost direction of memorable areas in the state with the development.
He said, “I thank the governor of Ogun State for inviting me, to identify me with his success but in succeeding, his project confuse and disorientate me.
“On my commissioning in January 1963, my first posting was to Abeokuta where 2nd Infantry Battalion used to be. We were using wooden blocks. Be that as it were in the last war, I was here for a couple of weeks before I was posted to Lagos.
“I said he disorientates me because if you drop me in any part of Abeokuta and ask me to find out where the barracks is, I assure you I will get missing; I will not be able to locate Lisabi Club where we used to drink Fanta. So your success, I am firstly pleased with you, I envy it because whatever I think I know about Abeokuta I have lost it.
“Your programmes are certainly people oriented; we have commissioned roads, schools and legal complex headquarters where I met with justices. I am very pleased and identified with the social and infrastructural institutions.”
Projects commissioned included Olufunmilayo Ransome Kuti flyover in Itoku; ultra modern markets in Omida and Sapon, and model school in Kobape; while turning of sod were done on the proposed judges quarters and President Muhammadu Buhari Estate, all in Abeokuta.
The vice president, Professor Yemi Osinbajo is expected in the state today to complete the commissioning of other projects across the three districts of the state.

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