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Nigerian President Approves Licenses For North’s Kolmani Oil Project

Nigerian President Approves Licenses For North’s Kolmani Oil Project

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President Bola Tinubu has approved the issuance of critical regulatory licenses for the Kolmani Integrated Development Project. The project is a multibillion-dollar oil exploration initiative located between Bauchi and Gombe states. The Minister of State for Petroleum Resources (Oil) says the development was revealed during the flag-off ceremony for the construction of the permanent site of the Bauchi Oil and Gas Academy in Alkaleri Local Government Area. The Kolmani Integrated Development Project, first inaugurated in November 2022, marked the start of oil exploration in Northern Nigeria. It’s situated in the Kolmani River II oil field, a border community between Bauchi and Gombe States.

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