WE ARE ATTRACTING INVESTMENTS TO DRIVE OUR ECONOMY, DEVELOPMENT, SAYS GOV. AIYEDATIWA
Kupolokun-led company licensed to begin exploration of two new oil fields in Ondo State
The Governor of Ondo State, Hon. Lucky Orimisan Aiyedatiwa, has reaffirmed the state’s commitment to attracting investments that will stimulate economic growth and development. He made the statement during a meeting with the management of Sahara Energy at his office in Akure on Tuesday.
Sahara Energy has recently been granted licenses by the federal government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to manage two new oil fields—PPL 270 and PPL 271—in the riverine communities of Ilaje Local Government Area.
During the meeting, Governor Aiyedatiwa expressed appreciation for Sahara Energy’s decision to invest in Ondo State and emphasized the state’s readiness to provide a conducive environment for their operations.
“Ondo State is fortunate at this time,” the Governor stated. “While licenses are issued by the federal government, we assure you of our full support to ensure your activities thrive. We remain dedicated to maintaining Ondo as the safest state in the country and fostering an investor-friendly climate,” he added.
The Governor noted that comprehensive development in the region cannot be achieved by the government alone and reiterated the state’s openness to welcoming more investors.
He also urged the host communities to support the oil company, ensuring an enabling environment for its operations to benefit both the state and the local communities.
Earlier, Sahara Energy’s Chairman, Engr. Funsho Kupolokun, who hails from Ondo State and is a former Managing Director of the Nigerian National Petroleum Corporation (NNPC), described the visit as a crucial step in launching the company’s operations in the state.
“We are here to share good news with the Ondo State government, and it must begin with His Excellency. Before we commence operations, we seek the governor’s permission and blessings to ensure a smooth working relationship with the state,” Engr. Kupolokun said.
He commended the Governor for making Ondo State an attractive destination for investors and assured him that Sahara Energy would adhere to all state regulations.
In attendance at the meeting were the Deputy Governor, Dr. Olayide Adelami; Chief of Staff, Prince Segun Omojuwa; Head of Service, Mr. Bayo Philips; and the Attorney General and Commissioner for Justice, Dr. Kayode Ajulo, SAN.
Prince Ebenezer Adeniyan
Chief Press Secretary to the Governor of Ondo State
January 21, 2025
