Residents of Makun Omi Kingdom in Ogun Waterside Local Government Area of Ogun State have commended President Bola Tinubu for approving the commencement of commercial crude oil exploration in the area.
The approval covers Eba Island, located within Makun Omi Kingdom, and is expected to mark a major milestone in Ogun State’s quest to become an oil-producing state.
In a statement, the traditional ruler of Makun Omi Kingdom, Oba Kazeem Adeshina Salami, described the presidential approval as the fulfilment of a long-standing aspiration of the host community and the state at large.
The monarch praised Ogun State Governor, Prince Dapo Abiodun, for his efforts in securing the endorsement of President Tinubu for the project, noting that the development would bring significant transformation to Ogun Waterside.
According to Oba Salami, the commencement of commercial oil drilling in the area would promote inclusivity, create economic opportunities, and empower residents of Makun Omi Kingdom and neighbouring coastal communities.
He assured both the Federal and Ogun State Governments of the community’s full support, pledging a peaceful and conducive environment to ensure seamless exploration and production of crude oil in commercial quantities.
The traditional ruler expressed optimism that the project would stimulate development, improve livelihoods, and enhance the socio-economic profile of Ogun Waterside and the state as a whole.
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