• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NNPCL, Nasarawa Govt To Sign MoU On Oil Drilling Saturday

by Ahmed Tahir Ajobe
3 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Nasarawa state governor, Abdullahi Sule, has disclosed that a Memorandum of Understanding (MoU) with the Nigerian National Petroleum Corporation Limited (NNPCL), heralding the commencement of crude oil drilling and production in Keana, would take place on Saturday.

Advertisement

NNPCL had late last year announced the discovery of oil in commercial quality in Keana, the headquarter of Keana local government area of the state following a high-impact exploration work in the Middle of Benue Trough.

The company through the group chief executive officer Mele Kolo Kyari, hinted last month that it would commence full scale drilling of crude in Keana.

Kyari had said, “We have carried out several exploratory activities in the form of gathering the right data and making the right decisions. We are very convinced at this point in time that very soon Nasarawa will join the league of states with hydrocarbon presence.

“This is not far away. As a matter of fact, we believe that we will start the first well in Nasarawa State by March, and this is to confirm, it’s very typical science, that once we are able to make a success of that well, then the potentials of Nasarawa are beyond what I can explain at this point in time.”

RELATED

Flight Cancellation: NCAA Launches Complaints Automation Portal

NCAA Launches First SERVICOM Integrated Service Charter

14 hours ago
Equities Market Extends Rebound With N204bn Gain

Equities Market Extends Rebound With N204bn Gain

14 hours ago
ADVERTISEMENT

Governor Sule told All Progressives Congress (APC)’s stakeholders during a town hall meeting yesterday in Obi, the headquarter of Obi local government area of the state that MoU with NNPCL would paved the way for drilling of wells.

He said preliminary findings revealed that communities in Nasarawa such as Obi, Agwatashi and Assakio showed signs of oil in commercial quantities.

“In 2019, when I came out to campaign and mentioned oil, a lot of people assumed it was mere politics. That time, I promised that, by the grace of God, I will use the experience that I acquired from my stay in Houston, Texas, the global headquarters of the oil, to try.

ADVERTISEMENT

“As at that time, oil was discovered only in Keana. A lot of people don’t even know the extent of the oil discovery. The issue of oil has now become a reality. Now NNPCL will drill the first oil well in March.

“Preliminary findings have shown that there is also oil in Obi. This Saturday, 18th February, NNPCL and Nasarawa State Government will sign MoU. It will now dawn on people that this administration doesn’t make empty promises but only seeks to bring development to the state,” he explained.

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10173Tweet6358Share
ADVERTISEMENT
Previous Post

TAJBank Becomes First Corporate To List Sukuk Bond On NGX

Next Post

Neimeth Records 100% Rights Issue Subscription, Raises N3.68bn

Ahmed Tahir Ajobe

Ahmed Tahir Ajobe

You May Like

Flight Cancellation: NCAA Launches Complaints Automation Portal
Business

NCAA Launches First SERVICOM Integrated Service Charter

2025/08/27
Equities Market Extends Rebound With N204bn Gain
Business

Equities Market Extends Rebound With N204bn Gain

2025/08/27
State Of Emergency In Rivers: Way Forward
Business

Tinubu Bans Raw Shea Export For Six Months, Eyes $300m Revenue Boost

2025/08/27
Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu
Business

Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu

2025/08/27
Renaissance Energy Africa Reaffirms Commitment To Safety Operations
Business

Renaissance Energy Africa Reaffirms Commitment To Safety Operations

2025/08/27
Dangote Cement Records Impressive Topline Growth, Sustains Profitability
Business

Dangote Cement Urges Multi-sector Collaboration To Combat Youth Unemployment

2025/08/27
Leadership Conference advertisement

LATEST

BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes

Tinubu Departs Brazil En Route Abuja

Tennis Scoring System

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

Niger Delta People Live On $2 Daily Despite $1trn Oil Revenue — INC

BBNaija10: Dede, Kola Spark Intimacy Rumours After Late-night Moment

IGP Speaks On ‘Cattle Theft’ As Terrorism Financing At INTERPOL Conference

Reverse Abia’s New Tax Regime, It’s Stifling Businesses, Ikonne Tells Gov Otti

‘Tinubu Directed Me To Work With You’, New APC Chair Yilwatda Tells Ganduje

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.