NNPC set to commence oil exploration in Ogun as governor meets stakeholders
The stakeholders visited the state to discuss federal plans for exploration in the Dahomey Basin, which extends from the Niger Delta to Ghana and includes Ogun State
The Ogun State government is set to join the list of oil-producing states as the Nigerian National Petroleum Corporation (NNPC) Limited is prepared to commence exploration of oil and gas in the state.
This was made known in a statement which came via the official X handle of the state government following a meeting between the state government and key stakeholders in the oil and gas sector, notably in the meeting was the Minister of State for Petroleum Resources, Heineken Lokpobiri.
Other stakeholders include SHELL Managing Director Osagie Okubor, NUPRC Chief Executive, Gbenga Komolafe; and NNPCL Group CEO, Mele Kyari.
The stakeholders visited the state to discuss federal plans for exploration in the Dahomey Basin, which extends from the Niger Delta to Ghana and includes Ogun State.
“Minister Lokpobiri emphasized Ogun State’s potential in the Dahomey Basin, highlighting the federal government’s commitment to exploration activities as a means to boost Nigeria’s economic prosperity through oil and gas. NNPCL’s Mele Kyari assured that exploration would commence earnestly, expressing confidence in discovering commercial quantities of oil. NUPRC’s Gbenga Komolafe noted the synergy with NNPCL to leverage the Petroleum Industry Act (PIA) for aggressive exploration efforts, which aim to grow Nigeria’s oil reserves and enhance federation revenue, the statement said.
It further reads; “Governor Dapo Abiodun welcomed the initiative, noting that Ogun State’s inclusion in OPLs 302, 303, 306, and 307 offers unique opportunities under the Frontier Exploration Fund.
“He highlighted the region’s potential for both oil and bitumen extraction, which would reduce import dependency and save foreign exchange. Abiodun pointed out the state’s advantages, including ease of access, low operating costs, and strong government support, positioning Ogun for commercial success and economic benefits from the upcoming exploration activities.”
