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Aiyedatiwa promises investor-friendly environment in Ondo State

Ondo pledges support for Sahara Energy

Credible News by Credible News
January 22, 2025
in Development, Economy, Human Interest, News
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Governor Lucky Aiyedatiwa of Ondo State has reiterated the state’s commitment to welcoming investors as part of its strategy to promote economic growth and development.

The governor made this known during a meeting in Akure with the management board of Sahara Energy.

The company recently received approval from the Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, to manage two newly licensed oil fields, PPL 270 and PPL 271, situated in the riverine areas of Ilaje Local Government Area.

READ ALSO: Keyamo unveils plans for local aircraft manufacturing

Governor Aiyedatiwa appreciated Sahara Energy for its decision to invest in the state and assured the company of unwavering support from the government.

“Ondo State is fortunate at this time. Although the licenses are issued by the Federal Government, we assure you of our full support to ensure your activities flourish.

“We remain committed to maintaining Ondo as the safest state in the country and fostering an investor-friendly climate, Aiyedatiwa said.”

The governor underscored that achieving holistic development requires collaboration beyond government efforts.

He emphasized the state’s readiness to attract more investors and encouraged host communities to support Sahara Energy’s operations, ensuring mutual benefits for both the state and the communities involved.

During the meeting, the Chairman of Sahara Energy’s Board, Engr. Funsho Kupolokun, highlighted the significance of the visit in laying the groundwork for the company’s operations in the state.

Kupolokun, a former Managing Director of the Nigerian National Petroleum Corporation and an indigene of Ondo State, stated: “We are here to share good news with the Ondo State government, and it must begin with His Excellency.

“Before commencing operations, we seek the governor’s permission and blessings to ensure a smooth working relationship with the state.”

He praised the governor for fostering an environment conducive to investment and assured that Sahara Energy would adhere to all state regulations.

 

Crediblenewsng.com

 

Tags: Engr. Funsho KupolokunGovernor Luck AiyedatiwaNNPCLNUPRCOilOndo StateSahara energy
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