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JUST-IN: NNPC To Drill First Oil Well In Nassarawa By March — Kyari  

Nse Anthony-Uko by Nse Anthony-Uko
3 years ago
in Business
Kyari

The group Chief Executive Officer (CEO) of NNPC, Mele Kyari

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The Nigeria National Petroleum Company Limited (NNPCL) has announced plans to drill the first oil well in Nassarawa State in March 2023 in continuation of its oil exploration activities in the country’s inland basins.

 

Group chief executive officer of the company, Mallam Mele Kyari, who disclosed this when the governor of the State, Engr. Abdullahi Sule, led a delegation of prominent indigenes of Nassarawa on a courtesy visit to the NNPC Ltd in Abuja, said that results of exploratory activities confirmed the presence of substantial hydro carbon resources in the State.

 

This was disclosed on Friday by the chief corporate communications officer, NNPCL, Garbadeen Muhammad, in a statement.

 

Kyari called for prompt action on the project as the global energy transition has led to a reduction in investment in fossil fuels.

 

“This work must be done very fast because the whole world is walking away from fossil fuel due to energy transition, the earlier you go to market, the better for you, otherwise, ten years from now, no one will agree to put money in petroleum business except it comes from your cash flow,’’ he said.

 

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Mallam Kyari added that community support and a conducive environment were key to a successful operation in the area in order to avoid the experience of the Niger Delta.

 

In his response, Governor Sule congratulated the GCEO on the successful commencement of oil production at the Kolmani Integrated development project which was launched in November 2022 by President Muhammadu Buhari, which he described as similar to what obtains in Saudi Arabia.

 

“I want to congratulate you, the management of NNPC and the federal government for what you have done at Kolmani, for those who don’t know what you have done for Nigeria, you have written your name in gold,’’ Governor Sule stated.

 

He commended President Buhari for his support while assuring the NNPC of a conducive environment.

 

The governor was accompanied on the visit by the deputy governor, Dr. Emmanuel Akabe, national chairman of the All Progressives Congress (APC) and first executive governor of the State, Dr. Abdullahi Adamu, his predecessor, Senator Tanko Almakura, Minister of Environment, Bar. Mohammed Hassan Abdullahi, Emir of Lafia, HRH Justice Sidi Bage Muhammad.

 

Others were the Osana of Keana, HRH Abdullahi Amegwa Agbo, Chairman, Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Mal. Isa Ibrahim Modibo, Chairman, National Population Commission, Hon. Nasiru Isa Kwara, Executive Vice Chairman, NASENI, Engr. Professor Mohammed Sani Haruna, Executive Director, National Primary Health Care Development Agency, Dr. Faisal Shuaib, Former Minister of Justice, Musa Elayo Abdullahi, Permanent secretary, Ministry of Defence, Dr. Ibrahim Kana and the secretary to the state government, Muhammed Ubadoma Aliyu.

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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