
President Bola Tinubu has approved all necessary regulatory licences for the Kolmani Integrated Development Project, a multibillion-dollar oil exploration venture situated between Bauchi and Gombe states.
This was revealed by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, at the groundbreaking ceremony for the permanent site of the Bauchi Oil and Gas Academy in Alkaleri Local Government Area.
In a statement released on Sunday by his Special Adviser on Media and Communication, Nneamaka Okafor, Lokpobiri stated that the approvals align with the government’s drive to boost oil production by leveraging all available hydrocarbon assets nationwide.
He said, “The imperative to activate all available oil platforms for increased production led President Bola Tinubu to grant approvals for the issuance of all critical regulatory licences for the Kolmani Integrated Development Projects.”
Lokpobiri noted that the administration was committed to leveraging the full potential of Nigeria’s energy resources to drive industrial growth, create jobs and boost national revenue.
“Mr President is intentional about transforming our energy landscape into one that fuels industrial growth, creates jobs and enhances national revenue,” he stated.
Commending Bauchi State for aligning with the Federal Government’s energy goals, the minister said the establishment of the oil and gas academy demonstrated the state’s commitment to building local capacity for the sector.
“With this academy, Bauchi is making a strategic contribution to the development of the human capital needed to drive our sector forward,” he added.