Categories: News

President Buhari Flags Off First Crude Oil Drilling Project In Northern Nigeria

President Muhammadu Buhari has flagged off the Kolmani Integrated Development Project (KIPRO) in Northern Nigeria, the first of its kind in the zone.

First Oil Mining Project In North

The president performed the ground-breaking ceremony of Kolmani Oil Prospecting Lease (OPL) 809 and 810 at Kolmani field situated in the boundary of Bauchi and Gombe states.

The KIPRO is an oil prospecting lease (OPL) 809 and 810 at the Kolmani field site located in the Gongola Basin of the Upper Benue Trough.

Speaking at the flag-off ceremony on Tuesday, November 22, Buhari said the oil exploration has already attracted over $3m foreign direct investment and will boost Nigeria’s fortunes and earnings.

Buhari said the project is expected to start with a daily production of about 50,000 barrels of crude oil.

The first phase of the project is expected to entail an in-situ oil refinery with a capacity of up to 120, 000 barrels per day, a gas processing plant of up to 500 million standard cubic feet per day, a power plant of up to 300MW capacity, and a fertiliser plant of 2,500 tons per day.

This is indeed significant considering that efforts to find commercial oil and gas outside the Niger Delta Basin was attempted for many years without the desired outcomes,” Buhari said.

However, the successful discovery of the Kolmani oil and gas field by NNPC and her partners has finally broken the jinx by confirmation of a huge commercial deposit of hydrocarbons in Kolmani River Field.”

The event was attended by Senate President, Ahmad Lawan; the presidential candidate of the All Progressives Congress (APC), Bola Tinubu; Minister of State for Petroleum Resources, Timipre Slyva; and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari;

Others include Governors Bala Mohammed (Bauchi), Inuwa Yahaya (Gombe), Simon Lalong (Plateau). The Group Managing Director of the New Nigeria Development Company, Shehu Mai-Borno, was also in attendance.

KanyiDaily recalls that the NNPC had in 2019 announced the discovery of crude oil in the Kolmani River region at the border community between Bauchi and Gombe states.

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

Equatorial Guinea Restricts WhatsApp, Install CCTV In Offices Over Baltasar Engonga’s Sεx Scandal

Equatorial Guinea government has restricted citizens from downloading and sharing multimedia files via mobile data…

8 hours ago

“They’ll Soon Say I’m A 40 Seconds Man” – Yul Edochie Addresses Rumors Against Him

Nollywood actor, Yul Edochie has thrown some shade as he responds to rumors circulating about…

9 hours ago

Charles Okocha Shares Pre-Wedding Photos Ahead Of His Marriage [Video]

Nollywood actor, Charles Okocha has shared pre-wedding photos with his fiancée. On Tuesday, Charles Okocha…

10 hours ago

“F*** Your Boyfriend” – Ruger Slams Female Fan Who Declared Love For Her Man On Stage [Video]

Nigerian artist, Ruger has asked a young lady to leave the stage after she declared…

11 hours ago

National Grid Collapses Again For 10th Time In 2024

The National Grid has collapsed once again, plunging Nigeria back into darkness. According to a…

11 hours ago

Ekiti Chief Judge, Justice Oyewole Adeyeye Is Dead

Justice Oyewole Adeyeye, the Chief Judge of Ekiti State, has passed away following a brief…

15 hours ago