NNPC discovers oil in northeast
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NNPC discovers oil in northeast

- The Nigerian National Petroleum has discovered oil in the northeastern part of the country

- The discovery was announced by the acting group general manager, group public affairs division of the corporation, Samson Makoji

- The NNPC says the discovery will generate employment for people to earn income and increase government revenues

The Nigerian National Petroleum Corporation (NNPC), on Friday, October 11, announced the discovery of oil in the northeastern part of the country.

The disclosure was made by the acting group general manager, group public affairs division of the corporation, Samson Makoji.

According to Makoji, the discovery of oil and gas in commercial quantity in the Gongola Basin will attract foreign investment, generate employment for people to earn income and increase government revenues.

The statement read: “The Nigerian National Petroleum Corporation (NNPC) has announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country.

“It would be recalled that drilling of the Kolmani River II Well was flagged-off in a colourful ceremony by President Muhammadu Buhari on the 2nd of February, 2019.

“NNPC acquired 435.54km2 of 3D Seismic Data over Kolmani Prospect in the Upper Benue Trough, Gongola Basin. This was to evaluate Shell Nigeria Exploration and Production Company (SNEPCo) Kolmani River 1 Well Discovery of 33 BCF and explore deeper levels.”

Meanwhile, Legit.ng previously reported that the Nigerian National Petroleum Corporation (NNPC) said on Thursday, July 11, that it had no plans to increase the price of Premium Motor Spirit (PMS), popularly known as petrol, in the country.

The NNPC said this in a statement issued in Abuja by its spokesperson, Ndu Ughamadu, advising motorists and other petroleum products consumers to disregard the trending rumour of a planned hike in the pump price of PMS.

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Source: Legit

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