Kogi state government has set the machinery in motion to secure investments for the exploration of oil and gas resources in the state.
This was contained in a statement issued by the special adviser to the state governor on media, Mr. Isah Ismaila, and made available to newsmen in Lokoja Thursday.
The statement said the decision was the outcome of a meeting held earlier this week between Governor Ahmed Usman Ododo, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe to chart ways forward for the exploration of oil and gas resources in the state.
The statement said the meeting, which took place at the ministry’s headquarters in Abuja, focused on strategic steps to attract investment and technical support for the development of the state’s hydrocarbon deposits by taking advantage of the frontier basin exploration fund domiciled with the NUPRC.
Governor Ododo expressed the state’s readiness to collaborate with relevant federal agencies and stakeholders in harnessing its natural resources to drive economic growth through the exploration and development of the state’s oil and gas assets.