Don’t expect early discovery of oil in northern Nigeria - NNPC cautions Nigerians

Don’t expect early discovery of oil in northern Nigeria - NNPC cautions Nigerians

- NNPC has urged Nigerian not to expect an immediate exploration of crude oil in the northern region

- The corporation said such discovery might take years or decades to achieve in the region

- According to GMD of NNPC, oil was discovered in Niger Delta after 50 years of searching

The Nigerian National Petroleum Corporation (NNPC) over the weekend cautioned Nigerians against heightened expectation of crude oil discovery in some states in the northern part of the country.

Vanguard reports that the group managing director of NNPC, Maikanti Baru, while speaking at the Presidential Spud-in (drilling) of Kolmani River II Well, in Barambu community in Alkaeri local government area, between Bauchi and Gombe states issued a caveat on oil exploration in the area.

Baru warned that the expectations of an early find of crude oil and gas in the north might not be as immediate as expected by all.

READ ALSO: NAIJ.com upgrades to Legit.ng: a letter from our Editor-in-Chief Bayo Olupohunda

The NNPC GMD said such discovery might take years or decades to achieve in the region warning that oil was discovered in Niger Delta after 50 years of searching.

He also advised President Muhammadu Buhari who gave the corporation a marching order to search for crude in the north.

Baru said: “It usually takes time for oil to be discovered. In Niger Delta basin, it took over 50 years for explorations to discover crude oil.

‘’Niger Republic drilled over 600 wells over many years before they discovered crude oil, therefore, Mr. President, patience is of essence here," Baru added.

Meanwhile, Legit.ng previously reported that President Muhammadu Buhari on Saturday, February 2, in Bauchi state, instructed the NNPC to extend oil exploration activities to six basins in the country.

PAY ATTENTION: Download our mobile app to enjoy the latest news updates

The president gave the instruction at the Barambu town in Alkaleri local government area of the state while flagging off the drilling activities. Buhari asked that the activities be extended to the Chad, Gongola, Anambra, Sokoto , Dahomey, Bida basins and Benue trough.

He emphasised that exploration in the frontier basins remains important to the economy of the country.

NAIJ.com (naija.ng) -> Legit.ng. We have upgraded to serve you better.

What has changed in Nigeria since the last election? | Legit TV

Source: Legit.ng

Mailfire view pixel