Nigeria To Shift Crude Oil Drilling From Troubled Niger Delta To Lake Chad

Nigeria will soon start drilling crude oil in Lake Chad Basin region in what is supposed to boost the country’s output.

The resolution was reached after efforts to placate militant groups in Niger Delta failed.

The exploitation of oil outside the traditional crude oil stronghold is to plug the hole created by destruction of oil and gas infrastructure by the militant groups.

Oil drilling in the Delta, Rivers and Bayelsa states have largely been disrupted by insecurity in the areas bringing down the daily production to one million barrels from 2.2 million barrels.

The ministers of state for petroleum, Dr. Ibe Kachikwu, on Friday confirmed oil drilling in the Chad Basin saying it will start in the last quarter of this year.

Chad Basin is located in the northeast where activities of Boko Haram have been countered significantly.

“The decision to diversify our business portfolio is about all of us and about the future of our dear country, the vision is clear, and we are determined not to fail,” Dr Kachikwu said.

The oil field already mapped out and secured covers 3,350 square kilometres.

The production from the well would help achieve the daily target of 2.5 million barrels.

lovedatruth:
God knows hw to pacify his beloved ppl. Soon, the Niger Delta will become so irelevant in the scheme of tins in our dear county. Enough of holding us to ransom.

Achuwa1:
[b] wachakuta([/b]m): 6:31pm
Some people eye go soon Clear....!!

see mumu zombie.
let them begin to drill in the north & share to the whole of Nigeria like they did with Niger Delta oil from independence till date.
come & think of it sef,APC has never said a single truth since they came into power,so why should we believe dis coz it might be anoda form of lie to make our freedom fighters to stop bombing.
Believe Buhari led govt at ur own peril.

chemicalDisease:
Buhari is confuse.

MalcoImX:
Good development. Republics of Chad and Niger are drilling from their sides of the basin, why not Nigeria?

Achuwa1:
[b] wachakuta([/b]m): 6:31pm
Some people eye go soon Clear....!!

see mumu zombie.
let them begin to drill in the north & share to the whole of Nigeria like they did with Niger Delta oil from independence till date.
come & think of it sef,APC has never said a single truth since they came into power,so why should we believe dis coz it might be anoda form of lie to make our freedom fighters to stop bombing.
Believe Buhari led govt at ur own peril.

kITATITA:


Pathetic. You find it difficult to make a sentence consisting of three words.