x

Oil Exploration: Governor Ododo Seeks Partnership to Accelerate Investment

 

By Noah Ocheni, Lokoja

Kogi State Governor Ahmed Usman Ododo has emphasized the need for collaboration between the state and federal governments to boost investment in crude oil exploration. This call came during a working visit to Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, in Abuja.

In a press release from the Governor’s Special Adviser on Media, Ismaila Isah, Ododo expressed the Kogi State government’s readiness to work closely with the federal government to facilitate oil exploration in line with President Bola Ahmed Tinubu’s commitment to developing Nigeria’s frontier basins.

Senator Lokpobiri reinforced Kogi’s status as an oil-producing state and assured that the federal government is committed to mobilizing investments to explore the state’s significant crude oil deposits. He highlighted the role of the Petroleum Industry Act, which tasks the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) with the exploration of frontier basins. Lokpobiri reiterated the federal government’s determination to allocate funds for unlocking new oil discoveries across Nigeria.

Governor Ododo was commended by the minister for his efforts in providing good governance and fostering an environment conducive to investment. Notably, Kogi State became the first oil-producing state in Northern Nigeria following the federal government’s confirmation of oil discovery in commercial quantities in 2022.

Hot this week

Minister Goronyo Hails Caliphate Icon Awards, Praises Tinubu’s Merit-Based Agenda

By Jabiru HassanThe Honourable Minister of State for Works,...

Governor Ododo Signs Two Revenue Bills to Align Kogi State with Nigeria’s New Tax Reform Acts

By Noah Ocheni, LokojaThe Kogi State Government has officially...

‘Together Always’: Lookman Shares Photo With Osimhen After Mozambique Win

Super Eagles forward Ademola Lookman has shared photos of...

New tax regime: Separating facts from fiction

Nigeria’s tax system is set for a major overhaul...

AIG Adenola Hosts JTF Commander Oladipo, Pledges Stronger Niger Delta Security Collaboration

Assistant Inspector General of Police (AIG) Johnson Adenola, who...

CSOs Urge Tinubu to Ignore APC Scribe, Hail Wike’s Performance Ahead of 2027

A coalition of civil society organisations has urged President...

Dogara Hails Tambuwal at 60, Calls Him a Statesman

Former Speaker of the House of Representatives and Chairman,...

CSO Urges NAHCON, States to Adopt Exam-Based Appointment of Hajj Officials

By Jabiru HassanA faith-based civil society organisation, the Independent...

Punch Correspondent Matthew Ochei Dies at 43, Tension Grips Delta Media Community

By Anne AzukaThe Delta State media community has been...

Oborevwori Condoles Family, NUJ Over Death of Punch Correspondent Matthew Ochei

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Related Articles

Popular Categories

spot_imgspot_img