Aiyedatiwa woos investors to Ondo, assures support of Sahara Energy

Ondo State Governor Lucky Aiyedatiwa has assured both local and foreign investors that the oil-rich state is the safest place for their businesses to thrive and invest.

Aiyedatiwa explained that the state is also open to investors as part of efforts to drive economic growth and development of the state.

He disclosed this on Tuesday while meeting with the management board of Sahara Energy at his office in Akure, the state capital.

Recall that Sahara Energy has been licensed by the federal government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The company is to manage two new oil fields (PPL 270 and PPL 271) in the riverine communities of Ilaje Local Government Area of the state.

Aiyedatiwa expressed gratitude for Sahara Energy’s commitment to investing in Ondo State, emphasising the state’s readiness to provide an enabling environment for its operations to thrive.

“Although licenses are issued by the federal government, we assure you of our full support to ensure your activities flourish.

“We remain committed to maintaining Ondo as the safest state in the country and fostering an investor-friendly climate,” he added.

The governor noted that the government alone cannot achieve comprehensive development in the region and reiterated the state’s openness to more investors.

Mr Aiyedatiwa also appealed to the host communities to provide the necessary support and enabling environment for the oil company to operate smoothly for the benefit of the state and the communities.

The Chairman of the Board of Sahara Energy, Funsho Kupolokun, described the visit as a crucial step toward kickstarting the operations of the company in the state.

Engr. Kupolokun, who hails from Ondo State, is a former managing director of the Nigerian National Petroleum Corporation (NNPC).

“We are here to share good news with the Ondo State government, and it must begin with his excellency. Before commencing operations, we seek the governor’s permission and blessings to ensure a smooth working relationship with the state,” he said.