Connect with us

News

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

Published

on

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

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

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.

READ:  Nigerian Soldiers Involved In Lekki Massacre Dumped Eight Bodies In Bonny Camp Clinic

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.

READ:  Newborn baby becomes youngest person to be infected with coronavirus 30 hours after birth - BREAKING NEWS

“I Will Marry Wizkid, Kiss Omah Lay And Kill Davido” - Tacha Akide Reveals [Video]
Entertainment10 hours ago

“I Will Marry Wizkid, Kiss Omah Lay And Kill Davido” – Tacha Akide Reveals [Video]

Real Warri Pikin And Her Husband Celebrate 11th Wedding Anniversary
Entertainment10 hours ago

Real Warri Pikin And Her Husband Celebrate 11th Wedding Anniversary

How I Left A Show Crying After Audience Failed To Recognise Me - Fireboy DML [Video]
Entertainment12 hours ago

How I Left A Show Crying After Audience Failed To Recognise Me – Fireboy DML [Video]

Sierra Leone Energy Minister, Kanja Sesay Resigns Over Electricity Crisis
World News12 hours ago

Sierra Leone Energy Minister, Kanja Sesay Resigns Over Electricity Crisis

Abuja American School Has Refunded $760k Yahaya Bello Paid For Son’s School Fees - EFCC
News15 hours ago

Abuja American School Has Refunded $760k Yahaya Bello Paid For School Fees – EFCC

Why Supreme Court Ordered P-Square To Pay Promoter N25 Million
Entertainment15 hours ago

Why Supreme Court Ordered P-Square To Pay Promoter N25 Million

“My House Is Filled Up Already” – Apostle Chibuzor Rejects Boy Dumped At His Residence
Celebrities16 hours ago

“My House Is Filled Up Already” – Apostle Chibuzor Rejects Boy Dumped At His Residence

"My Father’s Wealth Was Big Challenge To Me When I Started Music” – Davido [Video]
Entertainment18 hours ago

“My Father’s Wealth Was Big Challenge To Me When I Started Music” – Davido [Video]

Why Tinubu Appointed Jim Ovia As Chairman Of Nigerian Education Loan Fund
Politics19 hours ago

Why Tinubu Appointed Jim Ovia As Chairman Of Nigerian Education Loan Fund

Veteran Actor, Ganiyu Oyeyemi ‘Ogunjimi' Is Dead
Entertainment20 hours ago

Veteran Actor, Ganiyu Oyeyemi ‘Ogunjimi’ Is Dead

Mohbad’s Father Allegedly Pastes Court Order For DNA Test On Wunmi’s Gate
Entertainment1 day ago

Mohbad’s Father Allegedly Pastes Court Order For DNA Test On Wunmi’s Gate

Former Lawmaker And Journalist, Sidi Ali Is Dead
News1 day ago

Former Lawmaker And Journalist, Sidi Ali Is Dead

Why We Agreed On N615,000 As New Minimum Wage For Workers - TUC, NLC
News1 day ago

Why We Agreed On N615,000 As New Minimum Wage For Workers – TUC, NLC

"Sanwo-Olu Did Not Announce N70k Minimum Wage Increase" - Lagos Commissioner
Politics2 days ago

“Sanwo-Olu Did Not Announce N70k Minimum Wage Increase” – Lagos Commissioner

"My Hatred For Mohbad Keeps Increasing Even After His Death” – Naira Marley’s Associate
Entertainment2 days ago

“My Hatred For Mohbad Keeps Increasing Even After His Death” – Naira Marley’s Associate

"‘I Need A Wife, She Must Be Tall, Dark Skinned, Between Age Of 18 To 23" – Speed Darlington
Entertainment2 days ago

“I Need A Wife, She Must Be Tall, Dark Skinned, Between Age Of 18 To 23” – Speed Darlington

EFCC Asks Abuja School To Refund $845,000 Yahaya Bello Paid For Son’s School Fees
News2 days ago

EFCC Asks Abuja School To Refund $845,000 Yahaya Bello Paid For Son’s School Fees

Nigerian Actress, Doris Simeon Reveals Why She Relocated To America
Entertainment2 days ago

Nigerian Actress, Doris Simeon Reveals Why She Relocated To America

President Tinubu Mourns Death Of Former Enugu Senator, Ayogu Eze
Politics2 days ago

President Tinubu Mourns Death Of Former Enugu Senator, Ayogu Eze

NPAN Condoles With Former Newswatch CEO, Ray Ekpu Over His Wife’s Death
News2 days ago

NPAN Condoles With Former Newswatch CEO, Ray Ekpu Over His Wife’s Death