Tinubu Greenlights Oil Drilling, Olokola Seaport in Ogun

President Bola Tinubu has approved commercial oil drilling at Tongeji Island and the Olokola Deep Seaport revival, boosting Ogun State’s economy

Governor Dapo Abiodun announced the approvals Thursday during a courtesy visit from Rear Admiral Abubakar Abdullahi Mustapha, Flag Officer Commanding the Western Naval Command, at Oke-Mosan, Abeokuta. The oil drilling at Tongeji Island in Ipokia LGA marks Ogun’s entry as an oil-producing state, with activities set to ramp up soon for coastal community empowerment. The Olokola Deep Seaport in Ogun Waterside LGA, now the Blue Marine Economic Zone, will decongest Lagos ports via a coastal road corridor.

Project Background

Tongeji Island holds oil potential, previously eyed for a $3 billion refinery processing 400,000 litres daily, aligning with Ogun’s industrial push.​ Olokola, stalled for years, revives under Tinubu’s directive for advanced construction by next year. Both tie into naval upgrades, with Tongeji’s outpost becoming a Forward Operations Base against Benin border threats.

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Economic Impact

Oil operations promote inclusion in Ipokia’s coastal areas, while the seaport unlocks trade via its strategic position.​ Ogun plans amenities for Tongeji residents to support growth.​ These moves position Ogun as a logistics and energy hub.​