Ondo State is doubling down on its oil and gas ambitions, with Governor Lucky Aiyedatiwa launching an aggressive investment drive to expand exploration and boost production across the state’s lucrative hydrocarbon corridors.
Speaking at the 44th Annual International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos, the governor emphasized that Ondo—currently ranked as Nigeria’s fifth-largest oil-producing state—offers a secure, investor-friendly ecosystem primed for upstream growth.
Highlighting the sector’s vital role in national economic stability, Governor Aiyedatiwa urged industry leaders to leverage advanced geological intelligence and adaptive technologies to unlock new reserves. He stressed that resource extraction must stretch beyond mere production stats to actively transform host communities through infrastructure, healthcare, and job creation.
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The high-profile gathering also featured key insights from federal energy leadership. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, revealed that Nigeria’s natural gas reserves have climbed to 215 trillion cubic feet, presenting a massive window for global supply dominance through non-associated gas exploration and artificial intelligence integration. Meanwhile, stakeholders emphasized local capacity building, urging tighter academia-industry integration to empower the next generation of Nigerian energy professionals.
