The Minister of State for Petroleum, Emmanuel Ibe Kachikwu has said that the Federal Government is putting a new policy in place to further reposition the petroleum ‎ministry towards harnessing the reserves in the frontier basins for economic growth, The Nation reports.

Kachikwu made the remark in Sokoto, Wednesday, at the opening of a 2-day Petroleum Technology Development Fund program in collaboration with Sokoto state government and Usmanu Danfodiyo University, Sokoto. Kachikwu said that the Sokoto basin has enormous reserves with energy potentials that should be harnessed to fast track positive mechanisms in the energy sector.

He noted that the inland basins were a significant component and pivot for promoting a responsive approach to attain the required results for the possible realisation of ‎energy. ”We will create the enabling environment and strategic ‎framework that will encourage full participation of relevant stakeholders for the realisation of our potentials,” he added.

Â