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

PANDEF Calls for Calm in Rivers State, Sets Up Reconciliation Committee

By Wilgred FrancisThe Pan Niger Delta Forum (PANDEF) has...

BREAKING: AFCON 2025: Super Eagles Rout Mozambique to Reach Quarter-Finals

Nigeria booked a place in the quarter-finals of the...

Man United Go All In With €90m Bid for AFCON Wonderkid

Manchester United have reportedly stepped up their pursuit of...

Hazras Charity Foundation Emerges as Trusted Humanitarian Delivery Partner in Nigeria

By Jabiru HassanHazras Charity Foundation (HCF) has been described...

China, Tanzania Reaffirm Strategic Partnership, Pledge Deeper Cooperation

China and Tanzania have restated their commitment to a...

2026 budget twist: MDAs slip in N3.5tn new projects despite FG freeze

An analysis of the proposed 2026 Appropriation Bill has...

Umahi Tours Lekki Corridor’s 7th Axial Road Project, Praises CHEC’s Progress

By Wilfred FramcisLagos, Nigeria - Minister of Works Senator...

EODU Hails Governor Ododo Over Onu Egume Appointment, Urges Unity and Development

From Noah Ocheni, LokojaThe Egume-Ome Descendants Union (EODU) has...

2027 Elections: Group Endorses Chief Ephraim Usman for Plateau Central Senatorial Seat

By Israel Adamu, JosA grassroots political group, the Plateau...

Kogi Govt Begins Rehabilitation and Upgrade of Nine Livestock Markets Across the State

From Noah Ocheni, LokojaThe Kogi State Government has commenced...

Related Articles

Popular Categories

spot_imgspot_img