President Buhari Enjoins NNPC to Intensify Search For Oil in the North East
President Buhari has ordered the Nigerian National Petroleum Corporation, NNPC, to intensify its search for oil in the north east region of the country. Group Managing Director of NNPC, Maikanti Baru disclosed this when Bauchi state governor Mohammed Abubakar paid him a courtesy visit in Abuja yesterday July 25th.
According to him, President Buhari has directed the NNPC to go into that area to improve and further explore the magnitude and prospect of finding oil…
“You know that very close home, we have exploration activities on the frontier basin in the Chad and some areas close to the Kolmani river where Shell had made some indicative discovery of hydrocarbons and Mr. President has directed me to go into that area to reprove and further explore the magnitude and prospectivity of those finds. We are taking steps to re-strategize and get into those regions. We will re-invigorate the frontier exploration and see how they collaborate with NNPC that is holding Block A09 where some of the finds have been made and also Department for Petroleum Resources, DPR, for the other blocks that have not been assigned”he said
More Stories
WE’RE NOT RESPONSIBLE FOR GULAK’S DEATH — IPOB
By Oduola F.A. The Indigenous People of Biafra (IPOB) have distanced themselves from the killing of Ahmed Gulak, a former...
SENATE PASSES TINUBU’S N1.78trn FCT 2025 BUDGET REQUEST FOR SECOND READING
By Oduola F.A. The Senate has approved the second reading of President Bola Tinubu’s proposed ₦1.783 trillion Statutory Appropriation Bill...
STUDENT LOAN: FG SETS UP COMMITTEE TO STANDARDISE UNIVERSITY FEE PAYMENT
By Oduola F.A. The Federal Government has established a high-level committee to standardize and streamline fee payment processes across Nigeria’s...
ABURE THREATENS TO EXPOSE CAMPAIGN DONATIONS, CHALLENGES OBI, OTHERS
Agency Report The factional National Chairman of the Labour Party (LP), Julius Abure, has called on the party’s 2023 presidential...
LAGOS TO INTRODUCE MONTHLY RENT PAYMENT SYSTEM
By Oduola F.A. The Lagos State Government has announced plans to implement monthly and quarterly rent payment options to ease...
NIGERIA NEEDS $10bn YEARLY TO ACHIEVE STABLE POWER SUPPLY – MINISTER
By Oduola F.A Power Minister Adebayo Adelabu has stated that Nigeria requires an annual investment of $10 billion over the...