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Ecstasy as Sahara Energy begins exploration in Ilaje

Credible News by Credible News
January 23, 2025
in Development, Economy, News, Oil & Gas
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There is ecstasy in the Ilaje community of Ondo State with the licensing of Sahara Energy to prospect for oil.

State Governor, Lucky Orimisan Aiyedatiwa said the state is open to investors as part of efforts to drive economic growth and development of the state, at a meeting with the management board of Sahara Energy at his office in Akure.

Sahara Energy, licensed by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, will manage two new oil fields (PPL 270 and PPL 271) in the riverine communities of Ilaje Local Government area of the state.

Governor Aiyedatiwa expressed gratitude for Sahara Energy’s commitment to investing in Ondo State, emphasizing the state’s readiness to provide an enabling environment for their operations to thrive.

“Ondo State is lucky at this time,” the governor said. “Although 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”, he added.

The governor noted that the government alone cannot achieve comprehensive development in the region and reiterated the state’s openness to more investors.

Governor Aiyedatiwa appealed to the host communities to provide the necessary support and enabling environment for the oil company to operate smoothly, for the benefit of the state and the communities.

The Chairman of the Board of Sahara Energy, Engr. Funsho Kupolokun, described the visit as a crucial step toward kick-starting the operations of the company in the state.

 

Crediblenewsng.com

Tags: Ilaje oil. AiyedatiwaSahara energy
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