Dangote Group Poised to Play Key Role in Niger State’s Oil Exploration
By Patience Ikpeme
With its established expertise in the energy sector, the Dangote Group is well-positioned to make substantial contributions to the exploration and development of the recently discovered oil blocks within Niger State’s Bida Basin.
Speaking at the Dangote Special Day event during the Niger National Trade Fair in Minna, Governor Umaru Muhammed Bago opened Niger State for business concerning Bida Basin oil development, specifically inviting private sector investment and expertise in the state’s hydrocarbon exploration.
Governor Bago, represented by Hamza Bello Sarki, Permanent Secretary of the Ministry of Trade, Industry and Investment, acknowledged the Dangote Group’s proven capability in executing large-scale industrial projects. He cited the successful completion of the world’s largest single-train refinery in Nigeria as clear evidence of the Group’s technical expertise and operational excellence. The Dangote Group is the major sponsor of the 2025 Niger National Trade Fair.
The Governor described the Bida Basin oil discovery as Niger State’s pathway to economic prosperity, offering a win-win scenario for all partners. A 2023 geological survey report identified 17 commercially viable oil blocks in Niger State, with estimated hydrocarbon reserves projected to sustain production for approximately 70 years. The Bida Basin, extending across parts of Niger and Kwara States, has been recognized as a promising sedimentary basin with hydrocarbon potential.
Mr. Hashem Ahmed, representing the Dangote Group, stated that the company was “investing massively in Niger State” and was ready to partner with the state to help it develop its potentials.
“The Dangote Rice Mill in Wushishi when completed will enhance local rice production and drastically reduce post-harvest losses,” Mr. Ahmed said. “We are also working closely with the Governor’s Office on the Niger Food Initiative—a game-changing agricultural programme.” He continued, “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.”
Mr. Ahmed commended the proactive measures taken by Governor Bago’s administration to foster a business-friendly environment and stimulate private sector engagement in driving economic growth. He noted that the 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 State 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.
