President Muhammadu Buhari had on Saturday, October 22, commissioned the Pinnacle Oil and Gas FZE Terminal in the Lekki area of Lagos state.
The president had, in a video message at the inauguration of the terminal, revealed that the operations of the facility would help ease congestion at the Apapa Port area.
The facility would also reduce the cost of distributing petroleum products to several parts of the country.
The Chief Executive Officer of Pinnacle Oil and Gas Limited, Mr. Peter Mbah, was congratulated by Buhari, for constructing the massive terminal and also providing jobs for hundreds of Nigerians.
Meanwhile, Buhari has assured investors of the continued support of the Federal Government, in efforts at improving prosperity in the country.
The Federal Government, it was also stressed would keep on encouraging investors to take advantage of ongoing reforms in the oil and gas sector.