Given the exploration of oil in Tongeji Island, Olokola in Ipokia, and Ogun Waterside local government areas of the state respectively, the State Governor, Prince Dapo Abiodun, during the presentation of the year 2024 Appropriation Bill which he christened “Budget of Sustained Growth and Development” at the Ogun State House of Assembly disclosed that the state would soon be given the frontier status and join the league of oil-producing states in the country.
According to the governor, “discussions are ongoing regarding the exploration of oil in Tongeji Island, Ipokia Local Government Area, and Olokola, in Ogun Water-Side Local Government Area, respectively. We are confident that very soon, we will be given frontier status and will soon join the league of oil-producing states.”
Abiodun mentioned that because Ogun State was going to start producing oil, his government had set up the Ministry of Mineral Resources. This ministry’s job is to manage and control all the natural resources in the state.
Additionally, he explained that they also created the Ministry of Energy. This move was to make the most of a change in the constitution that lets state governments get involved in the energy sector.
Abia, Akwa Ibom, Anambra, Bayelsa, Delta, Edo, Imo, Ondo, and Rivers are the current oil-producing states in Nigeria
