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Nairaland Forum / Nairaland / General / Politics / Recession: NNPC Warns Nigeria’s Oil & Gas Reserves Running Out (269 Views)
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Recession: NNPC Warns Nigeria’s Oil & Gas Reserves Running Out by nasdaquess: 2:53pm On Oct 04, 2016 |
The Nigerian National Petroleum Corporation, NNPC, yesterday, painted a gloomy outlook for Nigeria’s economic fortunes, as it disclosed that the country’s crude oil and gas reserves were fast depleting. The NNPC in a statement in Abuja, therefore, begged oil and gas exploration companies, professionals and other stakeholders to focus on increasing the nation’s oil and gas reserve base to match national aspirations to increase oil production. Group Managing Director of the NNPC, Mr. Maikanti Baru, who disclosed this when the Nigerian Association of Petroleum Explorationists, NAPE, hosted him in Abuja, also expressed readiness...... https://enasema..com/2016/10/recession-nigerias-oil-gas-reserves-running-out.html Happy reading! |
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