The quest of Ogun State to be an oil producing State would soon materialize as the Nigerian National Petroleum Corporation Limited (NNPCL), sets to begin oil and gas exploration in the Gateway State.

Stakeholders in the oil industry, including the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, Managing Director, SHELL Petroleum Development Company Ltd, Mr. Osagie Okubor; Chief Executive, Nigeria Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe and the Group Chief Executive Officer, NNPC Ltd, Mr Mele Kyari, stormed Ogun State on Friday on plans by the Federal Government to start oil exploration in the state.

They were received by Governor Dapo Abiodun and his Deputy, Engr. Noimot Salako-Oyedele.

Hon. Lokpobiri, who spoke at the governor’s office, Oke-Mosan, Abeokuta said Ogun State has always been part of the Dahomey Basin with prospect of having huge deposit of hyrdro-carbon.

The Minister said: “We decided that we are going to resume exploration in the different Basins; we decided to come to Ogun State to reassure the people that we have very high potential of discoveries here. Ogun has always been part of the Dahomey Basin and our presence underscore the seriousness the federal government attaches to the exploration activities that we want to carry out in Ogun State.”

Hon. Lokpobiri who added that oil and gas remain the quickest way to Nigeria’s economic prosperity, said his team is in the State in continuation of the campaign for exploration activities.

He said the visit was also to demonstrate the seriousness and commitment of the federal government to shore up its revenue through the oil and gas sector.

“Today we are here to tell the people of the federal government’s commitment to ensuring that we continue our campaign and exploration activities across the country. We are doing this exploration activities in several places across Nigeria and today we are in Ogun after which we will proceed to Sokoto State,” he added.

The Group Managing Director, Nigerian National Petroleum Corporation Limited,(NNPCL) Mr. Mele kyari, while speaking, said Ogun State is blessed to be in the Dahomey Basin corridor with expected high deposit of oil, assuring that the corporation is coming back in ernest to commence exploration activities, even as he expressed the hope that oil would be found in commercial quantity.

In his remarks, the Executive Director, Nigerians Upstream Petroleum Regulatory Commission, Mr. Genga Komolafe, said the coming of the team to Ogun State is to further demonstrate the commitment of the Federal Government to grow the oil reserves and enhanced federation revenue.

“We all understand that Nigeria is very prolific in oil and gas, but then there is still need to grow the reserves through exploration activities given our huge hyrdro-carbon as a bench mark,” he noted.

Komolafe informed that the Petroleum Industry Act (PIA) makes provision for the funding of the development of the Frontier Basins, adding that in line with the commitment and the aspirations of the government, the Nigerian Petroleum Regulatory Commission is working in synergy with the NNPCL to leverage on the PIA to aggressively carry out oil exploration in the Dahomey Basin.

“The Dahomey Basin stretches up to Delta, Edo, Ogun and Ondo states. We intend to in the course of this exercise, cover all those states leveraging on the provision of Section 9, Subsection 4 of the PIA. This is good opportunity for the people of Ogun State and it would be complementary to the reforms and transformation initiatives of the governor. We want to congratulate the governor and the people for being the beneficiaries of this initiative,” Komolafe said.

Responding, Governor Abiodun said Ogun State is part of the OPLs 302,303 306, 307, saying the acreages present unique opportunities for the qualification as a Frontier Exploration State as defined in the PIA section 9.

He observed that the history and studies over the years allow any investment under the frontier exploration basin funding to not only realize the oil and gas potentials, but also acquire data that would aid Bitumen exploration and exploitation in Nigeria.

The country, Abiodun maintained holds the second largest resolves in the world of 42,b tons, adding that a lot of studies have shown the potential of the basins, which brings Ogun State to the fore and projecting it towards becoming a beneficiary to achieve commercial success and derive economic benefits from exploration and production within a minimum time schedule.

“It is noteworthy that this is a region of the country that provides ease of access, low entry and operating costs, a safe and welcoming community and a very active state government support and participation.

“Ogun State therefore presents some unique opportunities towards the realization of the full intentions of the PIA section 9 on frontier exploration as it will contribute to guarantee additional petroleum production of additional petroleum products for the country and afford more supply to potential refineries in the area.

“As a low hanging result, this area also presents the opportunity for Bitumen extraction, thereby reducing import dependency and bringing with its savings in foreign exchange expenditure on this single line item,” governor said.

https://www.vanguardngr.com/2024/05/ogun-to-join-oil-producing-states-as-exploration-commences/

Caption: L-R: Managing Director, SHELL Petroleum Development Company Ltd, Mr. Osagie Okubor; Chief Executive, Nigeria Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe; Minister of State, Petroleum Resources, Senator Heineken Lokpobiri; Ogun State Governor, Prince Dapo Abiodun; his Deputy, Engr. Noimot Salako-Oyedele and the Group Chief Executive Officer, NNPC Ltd, Mr Mele Kyari, during a visit to Ogun State on plans by the Federal Government to start oil exploration in the state.

“It is noteworthy that this is a region of the country that provides ease of access, low entry and operating costs, a safe and welcoming community and a very active state government support and participation.

This is a fact. Oil and gas extraction must not leave our environment destroyed for yet unborn generations o

Invest in the Southwest for the best returns on your investment and to enjoy the best investor friendly experience in Nigeria and Africa.

May God bless Nigeria for ever! Check my signature for free stuffs!

Oil producing state kwa? I thought Ogun is an erudite mining state?

Ogun State should have been in the league of Oil producing States long ago but it's better late than never.

Do you know the meaning of exploration?

flokii:


Ogun State has more Oil and even gas deposits than the entire South East region.
Let exploration commence fully and you'd marvel.

You think South West isn't blessed with natural resources??

Tongeji island in Ikpokia, Olokola and some other parts have Oil in huge quantities.

Lol.

You are now exploring with your mouth. You don't even need exploration know where there is oil and gas. preliminary evidence will always indicate the presence of hydrocarbons. So that exploration largely determines the quantity. Ogun and southwest has nothing, except in the Ijaw occupied fringes of Ondo.

In the south east for instance, it's been known for ages there are large amounts of hydrocarbons but no serious exploration has been done. The little done in Imo revealed over 200trillion cf of natural gas, bigger than What has been found elsewhere in Nigeria put together. I'm sure you also see what goes on during bore hole drillings in Enugu. The huge volume in Anambra widely known.

Being endowed is not propaganda like you lots and the North do.

flokii:


Ogun State has more Oil and even gas deposits than the entire South East region.
Let exploration commence fully and you'd marvel.

You think South West isn't blessed with natural resources??

Tongeji island in Ikpokia, Olokola and some other parts have Oil in huge quantities.

The Sage Pa Awo, was less enthusiastic about oil and gas extraction in Yorubaland. I once read his speech he gave at the Convocation ceremony of University of Ghana, Legon, where he stated that he believes that in the long run, compared to industrial development/ extraction of natural resources, agricultural and human capacity development through massive investment in agriculture and education is better for the environment and achieving human development goals. Pa Awo raised a serious concern in that speech.

I am sure that his concerns will be revisited by the political and intelligentsia elite of the SW, the natural resources have always been there and we are aware but the political will for massive industrialization extraction is not and has never been solidly convincing

FreeStuffsNG:


The Sage Pa Awo, was less enthusiastic about oil and gas extraction in Yorubaland. I once read his speech he gave at the Convocation ceremony of University of Ghana where he stated that he believes that in the long run, compared to industrial development/ extraction of natural resources, agricultural and human capacity development through education is good for the environment and achieving human development goals. I am sure his concerns will be revisited, the natural resources have always been there and we are aware but the political will for massive extraction is not solidly convincing

I know there are Oil deposits in many parts of South West, just that our people are docile and never eager to push for anything, just to be blowing big big grammar up and down and be doing oversabi, whereas we are really losing out from the allocations that other regions are getting.

flokii:


I know there are Oil deposits in many parts of South West, just that our people are docile and never eager to push for anything, just to be blowing big big grammar up and down, and we are really losing out from the revenues other regions are getting.

I just explained to you why it is so. The political will is not there and has not changed significantly because of the sound intellectual argument laid by the late Sage and his political party right from Action Group days.

It made no sense to destroy your environment to make N100 from Oil and gas extraction when you can use sustainable development production of Cocoa, rubber etc to fetch you same amount or more than N100, create more employments and help the environment.
Agriculture can create more jobs than oil and gas yet it is sustainable. That was why the Western region made massive investments in agriculture and education yet had surplus profits without destroying the environment then and for future generations of Yoruba. That's a model that has proven to work so it's hard to convince people to abandon it.

Oil and gas is non renewable yet it destroys the environment so you need to count the cost before and even after it's devastated the environment for your yet unborn generations.

Very soon, Abuja go soon join Oil Producing States.

Nigeria we HAIL THEE!


Anyway I laugh in Swahili 😂😂😂😂😂

Southwest progress, Nigeria shall progress

It's time for the zoo to be divided and let everyone go their way now that the Southwest has also said it has oil. Most importantly, they will never get the 13% oil derivation.

Okay

Ogun. We should be exploring lithium

Even Lokoja too

Ogun

flokii:


Ogun State has more Oil and even gas deposits than the entire South East region.
Let exploration commence fully and you'd marvel.

You think South West isn't blessed with natural resources??

Tongeji island in Ikpokia, Olokola and some other parts have Oil in huge quantities.

Jealousy of the igbo is endemic

Oyel money

flokii:


Ogun State has more Oil and even gas deposits than the entire South East region.
Let exploration commence fully and you'd marvel.

You think South West isn't blessed with natural resources??

Tongeji island in Ikpokia, Olokola and some other parts have Oil in huge quantities.

Comedian this was how Buhari wasted 8yrs and resources looking for oil in desert, you guys keep making same silly mistakes and using propaganda to cover up

COMRADES is like every state of the federation has oil. Nigeria is massively rich

Inspite of the obvious fact that oil is not in commercial quantity in that region,these lazy dreamers wake up dreaming 'Oyel'...audio Oyel

FreeStuffsNG:
I just explained to you why it is so. The political will is not there and has not changed significantly because of the sound intellectual argument laid by the late Sage and his political party right from Action Group.

It made no sense to destroy your environment to make N100 from Oil and gas extraction when you can use sustainable development production of Cocoa, rubber etc to fetch you same amount or more than N100, create more employments and help the environment.
Agriculture can create more jobs than oil and gas yet it is sustainable. That was why the Western region made massive investments in agriculture and education yet had surplus profits without destroying the environment then and for future generations of Yoruba.

Oil and gas is non renewable yet it destroys the environment so you need to count the cost even after it's devastated the environment for your yet unborn generations.

That's a noble thought but with the situation on ground, both the state and federal governments will throw all those considerations aside.

If sokoto should have oil then why not Ogun state.?

Ok

FreeStuffsNG:
“It is noteworthy that this is a region of the country that provides ease of access, low entry and operating costs, a safe and welcoming community and a very active state government support and participation.

This is a fact.

Invest in the Southwest for the best returns on your investment and investor friendly experience in Nigeria and Africa.

May God bless Nigeria for ever! Check my signature for free stuffs!

Mrs moghalu will disagree but she ain't stepping foot in her Anambra unless it's to attend a funeral.

Now that every state has one mineral or the other, can we now restructure with resource control?

AustineE1:
Inspite of the obvious fact that oil is not in commercial quantity in that region,these lazy dreamers wake up dreaming 'Oyel'...audio Oyel

The Igbo would always remain Igbo.

Melagros:
COMRADES is like every state of the federation has oil. Nigeria is massively rich

Exactly!

I have worked on many oil projects in Nigeria and along the coast of West Africa.

Crude Oil is nothing unique to any particular part of the world or West Africa.