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Oil Exploration To Begin In Ogun As Gov Abiodun Receives FG Delegation

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Lokpobiri said oil and gas remain the quickest way to Nigeria's economic prosperity.

Ogun is set to join the league of oil-producing states in the country with the receiving of a delegation from the Federal Government in Abeokuta, the state capital.This is even as the Nigerian National Petroleum Corporation Limited will soon begin oil and gas exploration in the Gateway State.

Speaking at the governor’s office in Abeokuta, Lokpobiri said Ogun State has always been part of the Dahomey Basin with the prospect of having a huge deposit of hydro-carbon. According to the minister, 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.

In his remarks, 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 stated 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.

 

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