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

Shared Future, Shared Journey: Building an Eco-Friendly Modernization Together

(By H.E. Yu Dunhai, Chinese Ambassador to Nigeria)Balancing development...

JUST IN: Tinubu Meets UK PM Starmer, Set to Witness £746m Port Deal Signing

President Bola Tinubu is holding talks with United Kingdom...

Jos South Youth Group Urges Entrepreneur to Consider Assembly Bid in 2027

A youth group in Jos South Local Government Area...

ADC warns Bolaji Abdullahi over alleged misuse of Party name, logo

Board of Trustees, BoT, and National Working Committee, NWC,...

Bandits Abduct Worshippers During Church Service in Kwara

Gunmen suspected to be bandits on Sunday abducted eight...

State Police: Governors Submit Proposal for National Assembly Review

The Nigeria Governors Forum has submitted its position on...

PDP Crisis Deepens as Makinde Meets Kwankwaso Ahead of 2027 Elections

Ahead of the 2027 general elections, Seyi Makinde and...

Living with Fear: The Normalisation of Insecurity In Nigeria

By Abu Jemimah LamiLiving with fear has quietly...

Ozoro Festival: Delta CP wades in, reaffirms commitment to justice

By Anne AzukaDelta State Commissioner of Police, Aina...

Farmer Killed in Kogi Community as Authorities Launch Investigation

A farmer has been killed in Oko-Dudu area of...

Renewed Hope Ambassadors Unveil Programme for South-South Summit in Asaba

The Renewed Hope Ambassadors have announced the programme for...

APC Chairman Yilwatda Condoles Kanam Emirate Over Deadly Attack on Security Team

The National Chairman of the All Progressives Congress (APC),...

Related Articles

Popular Categories

spot_imgspot_img