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

Wike Praises Rivers Assembly Members for Supporting Tinubu

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

Humanitarian Minister Bernard Doro Rallies Support for Tinubu in Plateau State

By Israel Adamu, JosThe Minister of Humanitarian Affairs and...

EFCC Arraigns Bauchi Finance Commissioner Over Alleged N5.7bn Money Laundering

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Near-Death Stories: Celebrities Who Escaped Death on Nigerian Roads

Road accidents remain one of the deadliest hazards on...

Moment Timaya Falls on Stage While Attempting to Lift Plus-Sized Fan

Afrobeats star Timaya caused a buzz at the Gbaramatu...

EFCC Arraigns Malami, Wife, Son Over Alleged N8.7bn Money Laundering in Abuja

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Gov Mutfwang Launches Legacy Scholarship Scheme, Sends 200 Plateau Students to India

By Israel Adamu, JosPlateau State Governor, Caleb Mutfwang,...

EFCC Arraigns Bauchi Finance Commissioner Over Alleged N5.7bn Money Laundering

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC)...

Humanitarian Minister Bernard Doro Rallies Support for Tinubu in Plateau State

By Israel Adamu, JosThe Minister of Humanitarian Affairs and...

Near-Death Stories: Celebrities Who Escaped Death on Nigerian Roads

Road accidents remain one of the deadliest hazards on...

Expert Warns Against Antibiotic Abuse, Calls for End to Self-Medication

A consultant endocrinologist, Dr Grace Senbanjo, has warned Nigerians...

BREAKING: Court Orders Remand of Ex-AGF Malami, Son, Wife in Kuje Prison

The Federal High Court in Abuja on Tuesday ordered...

Group cautions against sale of Ibom Power

By Ogenyi Ogenyi,UyoA Non Governmental Organisation, Open Forum dor...

Related Articles

Popular Categories

spot_imgspot_img