Global oil prices are low and will remain so even in the distant future. At the same time, countries are announcing plans to exit the use of fossil fuels via electrical cars and investments in green energy. Nigeria should be responding by developing a concrete plan to wean herself of dependency on oil by diversifying her economic base and revenue sources but these daft people are busy searching for more oil where it does not exist. What a pity to be born into a country of daftness where people don't think ahead. The commodity super-cycle is over, Mr. Buhari.

This northerners really have plan!

I pray this discovery will be real atleast they will start agitation for Arewa republic.... Ndi Ala

Keep searching

Blue3k:
Hmm odd but what ever. Never heard anything about Sokoto basin til now. If they are getting oil I would assume Benue trough best spot first.

True the Benue trough has the largest proven deposits in the country but for some reason they just keep mute on it since 1975 when exploration activities there prove it

This people no dey hear word abeg!!!

another money wasting jamboree by the incompetent one called Buhari Mohammed.
the world s moving away from Oil nd his busy pushing the economy to oil-dependent

ydass:
lol waste Nigeria money dey find oil for where there is no oil. Why are people still in support of Buhari. He is a bigot and a johadist

D tin pain u

Let's start developing our electricity...I am a Nigerian that works with the world producer of electric cars, Tesla. This is the truth, the wold is doing away with fossil fuel by 10 years from now. China is building giga factories 4 times the size of Tesla's giga factory. Most European countries are doing same. Discovering oil in sokoto or any part of the world now is a waste. We should work on our electricity so that we can charge our cars by 10years from now. We are already using electric cars in America.

activistjohnny:



https://www.vanguardngr.com/2017/09/nnpc-begins-prospecting-hydrocarbon-sokoto-basin/

Maybe we'll drink the OIL,. Countries are setting dates to end the use of fossil fuels.... even Total is now investing heavily on renewable energy...

RomeSankara:


True the Benue trough has the largest proven deposits in the country but for some reason they just keep mute on it since 1975 when exploration activities there prove it

You are right. There is proven oil deposit in that area. Even, as Anambra election is approaching, what happens to the refinery Peter Obi built? He said it would be receiving crude oil from a well at Kogi.

johnjay4u2u:
oil that is becoming useless abi which oil?

Ok na make u buy electric car and see how long it will last u

Groundout oyel

johnjay4u2u:
oil that is becoming useless abi which oil?

Izonpikin:
..they just can't imagine themselves without oil..

True talk....... But dey shud know dat within a short period of tym (oil) will be a thing of d past

The nnpc gmd is speaking this way because he knows he is speaking to people who don't know much about how these things work. Only the results of these prospecting will tell whether there is crude there or not. So hopes shouldn't be high for now. These kinds of integrated prospecting have been done in so many places, wasting the tax payers money without getting a positive result. I guess this is the diversification they campaigned about.

There is hope for Biafra agitators one day na one day. But that's only if there is abundant of it

Idiots! Diversify the economy not intensify the search for useless crude!

Nutase:
Countries are moving away from oil we are wasting the small money that we would have used to repair our bad roads looking for what does not exist.

The earlier we start moving away from oil in Nigeria the better for our future generations.

especially in this era of digital transformation and digital disruption mhen we are just backward as a people

they have started again. .no wonder they planted their brothers in the NNPC. .wetin be basin again n wetin be discovery. .mayb they hv forgotten how they spent billions of naija money in dollars say they r searching for oil in the lake chad basin of Borno state. .Time don reach for you Lord to come help this country. .

Buhari is naturally useless. To think this is their version of economic diversification makes Nigeria a useless place to be

nickydof:
The nnpc gmd is speaking this way because he knows he is speaking to people who don't know much about how these things work. Only the results of these prospecting will tell whether there is crude there or not. So hopes shouldn't be high for now. These kinds of integrated prospecting have been done in so many places, wasting the tax payers money without getting a positive result. I guess this is the diversification they campaigned about.

very sad, our quest for easy and quick money has been the cancer plaguing us a country

nawao oil exploration again, they never find any oil for chad for all dis while, they want to embark on sokoto exploration again, no problem BOKO BROTHERS are on their way to destroy everythng, beside NNPC i think we need oil here in lagos also mo na con begin the exploration, yeye naija politics, abeg mo na help me with pin mouth charger, my battery is down.

Neoviper147:
Let's start developing our electricity...I am a Nigerian that works with the world producer of electric cars, Tesla. This is the truth, the wold is doing away with fossil fuel by 10 years from now. China is building giga factories 4 times the size of Tesla's giga factory. Most European countries are doing same. Discovering oil in sokoto or any part of the world now is a waste. We should work on our electricity so that we can charge our cars by 10years from now. We are already using electric cars in America.

just leave them alone, na the youths of this country who are not forward thinking na i pity pass, they will just wake up one day and see that there are no more jobs for backward technological people.

Again!

Why would NNPC waste scare resources on oil exploration. Private investors should be granted licenses to do this if it is a viable undertaking.

Why can't we have a future roadmap or plan in this country why are we saddled with visionless people at the helm of affairs. I read the story of Dubai written by one of thier leaders. From the day oil was discovered in UAE they started thinking of how to use the oil to develop an economy independent of oil. They focused on trade, tourism and human capacity development. When mediocres are at the helm of affairs this is the result. Which kain country and government be this

Searching for oil where dere is none......when biko boys catch dem now, dem go dey complain......mtchewww

Keep shifting till you get oil in Abuja.

Private investors should be allowed to carry out the seismic analysis & exploration. NNPC should not be using Nigerian money to do these again. During the military, Nigeria wasted a VERY HUGE amount of money to prospect for oil in the north until it was suspended. I know recent technological advancement in geo sciences & petroleum engineering has brought new techniques leading to new discoveries all over the world.

The analysis & exploration are not being done by government. Nigerian case is a northern agenda & factor. What stops NNPC from coming to South West Littoral States to carry out the same Seismic analysis & exploration right from the military era when huge amount of dollars have been spent prospecting for oil in the North, out of frustration, not minding the risk & with faith in God, an individual has to take the risk. Well, that is why Nigeria in future, will still face a lot of realities.

activistjohnny:
Congratulations to sokoto state on this oil discovery. Sokoto state ought to have been drilling hydrocarbon by now. Since libya land has crude oil definitely sokoto state which is desert areas ought to have been producing oil too.

They are exploring in other words they are still looking for oil.I don't understand your "congratulations"!

activistjohnny:
Congratulations to sokoto state on this oil discovery. Sokoto state ought to have been drilling hydrocarbon by now. Since libya land has crude oil definitely sokoto state which is desert areas ought to have been producing oil too.

I laugh i German... U obviously dont know what ure talking about.
It doesnt work that way bro.

Mazi Kanu is possibly somewhere re-drawing his map.

It now has to include Sokoto because of the oyel!