Niger State governor, Umar Bago has called for partnership with Dangote Group in the exploration and development of oil blocs in Bida Basin.
Bago said that the group would significantly contribute to the exploration project with its proven expertise in the energy sector.
The governor said this while addressing industry leaders at Dangote Special Day event at the Niger National Trade Fair in Minna on Saturday.
Bago said the state is “open for business” regarding Bida Basin oil development, calling for private sector investment and expertise in the state’s hydrocarbon exploration.
The governor, represented by the Permanent Secretary, Ministry of Trade, Industry and Investment, Hamza Sarki, acknowledged Dangote Group’s proven capacity in executing large-scale industrial projects.
He cited the successful delivery of the world’s largest single-train refinery in Nigeria as evidence of its technical expertise and operational excellence.
News Agency of Nigeria, NAN, reports that Dangote Group is the major sponsor of the 2025 Niger State National Trade Fair.
The governor described the Bida Basin oil discovery as Niger State’s ticket to economic prosperity, and win-win for partnership with relevant players in the oil sector.
A 2023 geological survey report identified 17 commercially viable oil blocks in Niger, with estimated hydrocarbon reserves projected to sustain production for approximately 70 years.
The Bida Basin, stretching across parts of Niger and Kwara States, has been identified as a promising sedimentary basin with hydrocarbon potential.
Representative of Dangote Group, Mr Hashem Ahmed, said the company is investing massively in Niger State, adding that it was ready to partner the state to develop its potential.
“The Dangote Rice Mill in Wushishi when completed will enhance local rice production and drastically reduce post-harvest losses. We are also working closely with the Governor’s Office on the Niger Food Initiative—a game-changing agricultural programme.
“We have committed to serving as a guaranteed off taker for 1 million metric tons of paddy rice, creating a stable market and encouraging further private investment.”
Ahmed commended the proactive measures taken by the Bago administration to foster a business-friendly environment and stimulate private sector engagement in economic growth.
He noted that government’s strategic policies, such as the planned establishment of a Free Trade Zone, demonstrate a clear commitment to attracting investment, enhancing trade, and positioning Niger as a hub for industrial and agricultural development.
“For Dangote Group and the broader Organized Private Sector, these initiatives represent a significant and encouraging step forward.
‘’The Free Trade Zone provides a competitive advantage by streamlining business operations, reducing bottlenecks, and creating a conducive ecosystem for large-scale investments,” he said. NAN
