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Nairaland Forum / Nairaland / General / Politics / NNPC To Resume Oil Exploration In Borno (557 Views)
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NNPC To Resume Oil Exploration In Borno by jasawa: 1:39pm On May 16, 2017 |
The Nigerian National Petroleum Corporation (NNPC) has concluded arrangement to resume oil exploration in the Lake Chad Basin of Borno State. The Group Managing Director, Dr. Maikanti Baru, yesterday said that the Nigerian Army has given it a “security clearance” towards this. Baru stated this when he led top management staff of NNPC on a courtesy call on governor Kashim Shettima at the Government House, Maiduguri. Represented by NNPC Chief Operations Officer, who is also the Executive Director, Gas and Power, Mr. Saidu Mohammed, said the team wants to have a first hand information on what is happening in Borno State, before resuming oil and gas exploration in the next six-eight weeks in the Basin bordering Niger, Chad and Cameroun.. He said the resumption of exploration in the state, was to increase the country’s oil reserves from 35 million barrels a day (mbd) to 40 million mbd. He, however, noted that these production targets cannot be achieved without resumption of oil and gas explorations in the Lake Chad Basin. He said: “This is why we initiated the moves to get into the Lake Chad Basin for oil exploration, as we have spoken to the military authorities to commence exploration in the next six-eight weeks. We have assembled our drilling equipment with high technology.” He called on the community in the Lake Chad Basin to cooperate with NNPC, so that the targeted oil production and reserves could be achieved. Responding, Governor Kashim Shettima assured that his administration will partner with NNPC to actualize its mission in the basin. He said when the oil production and reserves targets are met; it will not only generate revenue, but create job opportunities for the unemployed youths in the Northeast and the country at large. He appealed to NNPC to assist the state government in the reconstructing and rebuilding of thousands of schools and public structures destroyed by insurgents. He said that the education sector remains the only means of fighting poverty, which is associated with emergence of Boko Haram insurgency. He put the value of destroyed houses, schools, public buildings, including health, water and power facilities in the Northeast, at $9.6 billion (N3.65 trillion), while Borno State incurred the sum of $5.6 billion (N2.13 trillion). In this article: Maikanti Baru Nigerian Army NNPC Sorry, the browser you are using is not currently supported. Disqus actively supports the following browsers: Firefox Chrome Internet Explorer 11+ Safari You may also like Advertisement |
Re: NNPC To Resume Oil Exploration In Borno by ShobayoEmma(m): 1:41pm On May 16, 2017 |
Don't creat a potential source of income for those bastard called bokoharam o. 2 Likes 1 Share |
Re: NNPC To Resume Oil Exploration In Borno by IgbosAreGreat(f): 1:42pm On May 16, 2017 |
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Re: NNPC To Resume Oil Exploration In Borno by Amberon: 2:09pm On May 16, 2017 |
Ok |
Re: NNPC To Resume Oil Exploration In Borno by jkfugghhghjdd: 2:13pm On May 16, 2017 |
Nnamdi Kanu: Nigeria is a 1 Like |
Re: NNPC To Resume Oil Exploration In Borno by Funlord2(m): 3:32pm On May 16, 2017 |
Na fura dem go discover ![]() |
Re: NNPC To Resume Oil Exploration In Borno by In4matic: 4:52pm On May 16, 2017 |
ShobayoEmma: If you ask me, boko haram insurgency/war has always been about oil in the chad basin. Doesnt it seem odd to you that the neuclus of their activities has not extended beyond the chad basin that is in the north-east zone. Ask yourselves what economic gain could their sponsors have been gunning for; soveringty for a few peasant village settlements? I think not |
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