The Niger State Government has called on the Dangote Group and other private sector investors to explore opportunities in crude oil exploration in the Bida Basin.
The appeal was made during the just-concluded Niger National Trade Fair in Minna, held from 13 to 23 May. The event featured a “Dangote Special Day” aimed at showcasing local products and strengthening industrial partnerships.
Speaking during a fireside session at the event, the Commissioner for Trade, Investment, Industry and Private Sector Development, Aminu Takuma, said the state government was partnering with private sector operators under its One-Stop-Shop investment model to unlock the crude oil potential of the Bida Basin.
According to him, the state government intends to retain only a minimal stake in the venture through a Joint Venture-Public Private Partnership (JV-PPP) arrangement.
Mr Takuma commended the Dangote Group for its industrialisation drive and the construction of what he described as the world’s largest single-train refinery.
