Abuja, Nigeria – The Kogi State government is actively seeking investment for the exploration of its oil and gas reserves. Governor Ahmed Usman Ododo met with Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and the head of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, to discuss a path forward.
The meeting focused on attracting investment and technical support to develop the state’s hydrocarbon deposits. Governor Ododo expressed the state’s readiness to collaborate with federal agencies and stakeholders to harness these resources for economic growth. He also highlighted steps his administration has taken, including the enactment of a law to establish an Oil Producing Area Development Commission, to ensure that all parties are involved in the development process.
Senator Lokpobiri reaffirmed Kogi’s status as an oil-producing state and reiterated the federal government’s support for mobilizing investment. The Petroleum Industry Act mandates the NUPRC to explore frontier basins and allocate funds to new oil discoveries and exploration efforts. Kogi became the first oil-producing state in Northern Nigeria after oil was discovered in commercial quantities in 2022.
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