Alternative energy: NNPC opts for quick exploration as oil is discovered in Nasarawa

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Gov. Sule of Nasarawa State

There is good news for Nasarawa State, the North and general in general has oil has been discovered in the state.

The Nigerian National Petroleum Company Limited disclosed this on Friday but warned that work must swiftly start on it because the world is moving away from fossil fuel.

In a statement issued in Abuja by the corporation’s spokesperson, Garba-Deen Mohammad, NNPC’s Group Chief Executive Officer, Mele Kyari, said the results of exploratory activities confirmed the presence of substantial hydrocarbon resources in the state.

He called for prompt action on the project as the global energy transition had led to a reduction in investment in fossil fuels.

“This work must be done very fast because the whole world is walking away from fossil fuel due to energy transition, the earlier you go to market, the better for you,” Kyari stated.

He added, “Otherwise, 10 years from now, no one will agree to put money in the petroleum business except it comes from your cash flow.”

He said community support and a conducive environment were key to a successful operation in the area, in order to avoid the experience of the Niger Delta.

In his response, the Nasarawa State Governor, Abdullahi Sule, congratulated the NNPC boss on the successful commencement of oil production and the Kolmani Integrated Development Project which was inaugurated in November 2022 by the President, Major General Muhammadu Buhari (retd.).

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