….We are in difficult times —Baru

By Michael Eboh

President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation, NNPC, to increase the tempo on crude oil exploration activities in the northern part of the country.
Group Managing Director of the NNPC, Mr. Maikanti Baru, who disclosed this, yesterday, when governor of Bauchi State, Mr. Mohammed Abubakar, paid him a courtesy visit in Abuja, also lamented that Nigeria was currently facing difficult times.

Baru said the NNPC currently had exploration activities going on in the frontier basin in Chad and also in some areas close to the Kolmani River, located in Bauchi State, where Shell had made some indicative discovery of hydrocarbons.

According to him, the President has directed the NNPC to go into that area to improve and further explore the magnitude and prospect of those finds.
In response to the directive of the President, Baru disclosed that the NNPC was currently taking steps to re-strategise and get into those regions to step up crude oil exploration activities.

“We will re-invigorate the Frontier Exploration Services and see how they collaborate with the Northern Nigeria Development Company, NNDC.
‘’NNDC is holding bloc 809 where we have some of the finds and also the Department for Petroleum Resources, DPR, for the other blocs that have not been assigned,” Baru added.

On the tough economic situation, Baru lamented that the various attacks on oil and gas assets across the country was making it difficult for the corporation to meet its financial obligations to the country.

He said: “It is a very difficult time for us with all the leakages that we suffer, especially infractions on our infrastructure, in terms of pipeline vandalism and theft to be able to meet our obligations to the Federation Account Allocation Committee, FAAC.

http://www.vanguardngr.com/2016/07/presidency-orders-nnpc-intensify-oil-exploration-northern-nigeria/

Lalasticlala, Mynd44

kikikiki


Early morning FTC

Oh yeah!! You prophets of diversification,your president is diversifying from ND oil to northerb oil.All hail the Oyel president!!!

Zombies am sure finally you people have seen the kind of people you voted!!! Zero investment ideas!!

cktheluckyman:
Oh yeah!! You prophets of diversification,your president is diversifying from ND oil to northerb oil.All hail the Oyel president!!!

Zombies am sure finally you people have seen the kind of people you voted!!! Zero investment ideas!!

u don see where dullard diversify economy or invest before ni

While the southern oil money is being used to pay 40 drivers in a LGA with only 2 vehicles in Niger state, it is also being used to explore for oil in their vast landmass. Happy lifetime slavery, ND.

While our forest depletes daily every Islamist up North is fixated on souths oil to the extent that diversification now means more of same old 'rubbish' to them. There must be some oil ebola down south then.

For brownies who still believe in one Nigeria... This is to tell you that your masters up north are even getting ready for the inevitable. So keep hoping

ok

Since na by force to get oil for north, dem for kuku ma plant some of the oil found in the south for north.

Waste

Shaking my head, yeye!

Buhari is the worst thing that has ever happened to Nigeria,I hate him to my marrows!!!!

If oil is discovered in the north...so wats next..?

Truth is...leadership has nothing to do with age!!!This man ought to diversify his thought on human capacity building instead of this rubbish!

I thought he wants to diversify?? Dullard. They should find please,the north would have far broken off if they had jurisdiction of this nations wealth,blood sucking parasites,the reason Nigeria is still a shithole after 60years.

AxeurdaddyIX:
kikikiki

Early morning FTC

Lol.. Funny

Continuu. At a time when we need to look beyond oil. While the search is ongoing, he should remember time waits for no man

No need wasting money on those barren and boko haram rampaged land in the north but the dullard won't understand this

Oil president,lol!

I really pity my naija people na total mistake be dis na presido oo.. God. I feel for na just here in Brooklyn I dey read all dis tinyz my hrt dey boil. Abeg it's well... a whole president dey look for Oil cos e want am for im region, totally madness and God. I know wetin to call dis one. Abeg my na manage, op say beer no change price shaaaa.

Wonderful!

The north has no oil. Their land is only good for agriculture. If e no be panadol, e no fit be panadol!

President of the North is at it again.

.... soon the north will be the ones clamoring to break away.

cktheluckyman:
Oh yeah!! You prophets of diversification,your president is diversifying from ND oil to northerb oil.All hail the Oyel president!!!

Zombies am sure finally you people have seen the kind of people you voted!!! Zero investment ideas!!

you better read more and learn instead of blaming the government for your frustrations you bloody Muppet.

Northern president directs a northern managing director to discover a northern oyel when a northern governor visited their northern office.

Can u see the northern change

Oya oo, we are in watching with a northern telescope! Kontiniyu.

ehiage27:
I really pity my naija people na total mistake be dis na presido oo.. God. I feel for na just here in Brooklyn I dey read all dis tinyz my hrt dey boil. Abeg it's well... a whole president dey look for Oil cos e want am for im region, totally madness and God. I know wetin to call dis one. Abeg my na manage, op say beer no change price shaaaa.

notin bad 4m ds development and na b4 pmb den don discover oil from north.. God so bless 9ja, almost every state get dif natural resources but we get bad leaders.

How can oil exploration be the focus of this government at this time and age? Our leaders are truly fixated on oil!

NDA hope the time no pain una