Stop searching for oil in north, it can't save Nigeria's economy - Senator Ben Murray-Bruce

Stop searching for oil in north, it can't save Nigeria's economy - Senator Ben Murray-Bruce

- Senator Ben Murray-Bruce has warned the federal government against concentrating on searching for oil in the north

- The lawmaker said the oil could not save Nigeria's economy

- Murray-Bruce, however, urged the federal government to educate about 12 million out of school children

The senator representing Bayelsa East senatorial district in the National Assembly, Ben Murray-Bruce, has lamented the nation’s continued quest to discover oil in the north rather than educate about 12 million out of school children.

Channels TV reports that the lawmaker said the situation is a sad one in that the crave for oil was coming at a time when the world is phasing out crude.

Legit.ng gathered that Senator Murray-Bruce stressed that oil would not save Nigeria with a reference to Venezuela a nation with one of the largest crude oil reserves.

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He said: “We spend more money prospecting for oil in northern Nigeria than on educating our 12 million out of school children, at a time when the world is phasing out crude oil. Venezuela, the country with the largest crude oil reserves in the world, is bankrupt! Oil cannot save Nigeria."

He further stressed that the Nigerian population is growing faster than its economy, noting that if priorities are not set right, situations in the country will grow worse.

“Our population is growing faster than our economy. With this new revelation about the automobile industry unstoppably heading towards electric cars, it is only going to be worse if we don’t act now. Are we even preparing for life after oil? It is coming whether we like it or not.

Meanwhile, Legit.ng had previously reported that Maikanti Baru, the group managing director of the Nigeria National Petroleum Corporation (NNPC), said that oil exploration in the north would continue until the commodity is found.

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Baru said this would enable the NNPC to do massive appraisal of the discovery of gas reserves made in 1999 in the region. He said the corporation is working on the Kolmani River 2; with optimism and high expectation.

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Source: Legit

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