Business
DPR to partner Lagos state on oil, gas development
The Department of Petroleum Resources (DPR) has indicated its willingness to collaborate with the Lagos State Government in its quest to develop a road map for oil and gas in the state.
Mr Mordecai Ladan, the DPR Director, Petroleum Resources, gave the indication while receiving Mr Olawale Oluwo, the Lagos State Commissioner for Energy and Mineral Resources, during his courtesy visit to the agency.
Mr Wole Akinyosoye, the DPR Zonal Operations Controller, Lagos, received the commissioner on behalf of Ladan. Ladan described DPR as “a responsible corporate organisation ready to work with the Lagos State Government to realise its aspirations for the oil and gas industry’’.
He promised the agency’s total cooperation and collaboration with the state government in all areas regarding the oil and gas sector.

The director said that this was the beginning of a long-lasting relationship between DPR and the Lagos State Government. In his remarks, Oluwo said that the visit was to seek areas of cooperation and partner with DPR on all oil and gas matters as it affects the state. He said that the state government had identified various areas of the oil sector from upstream, midstream to downstream as areas of interest for investment.“The DPR promised to set up a committee, in conjunction with the state, to further examine areas of cooperation for the overall interest of the Nigerian economy,’’ Oluwo said.
-
News1 day agoNigeria panel says 37 detained miners died from overcrowding and neglect
-
Finance1 day agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
News1 day agoZenith Bank expands tech fair reach with first ever virtual edition, focuses on AI
-
Oil and Gas1 day agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
-
News1 day agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
Industry1 day agoMAN summit to tackle high energy costs for manufacturers
-
Oil and Gas1 day agoOil falls as Middle East talks outweigh concern over fresh strikes
-
News1 day agoTinubu seeks Senate’s approval to borrow additional $20.5bn, €1.05bn loans
