President Muhammadu Buhari has announced the Kolmani Integrated Development Project (KIPRO) on the border of Bauchi and Gombe states.
Buhari performed the groundbreaking ceremony for the Kolmani Oil Exploration Leases (OPL) 809 and 810 at the Kolmani field site today, November 22, two years after the discovery of oil in commercial volume in the region. It would be the first oil drilling site in northern Nigeria.
Oil was discovered in commercial volume in the region after the NNPC launched a search in some northern states in 2016.
The Kolmani fields hold more than a billion in crude oil reserves, which could significantly increase Nigeria’s oil reserves which have not increased for 10 years.