With the unabated fuel scarcity in most parts of the country, there is a bit of cheery news for the Federal Government and all Nigerians in general as more crude oil has been discovered in the country.
The Managing Director of Imo State Oil Producing Area Development Commission (ISOPADEC), Dr Henry Okoro, on Friday revealed that the Imo Government has discovered crude oil in some local government areas and urged the Federal Government to inspect the sites for possible exploration.
According to Okoro, the areas are Oru East and West, Ngor-Opkala and Obowo Local Government.
“We have enough raw materials here in Imo which is capable of increasing the Internally Generated Revenue of the nation.
“The Federal Government should come now and inspect these areas for possible exploration, because I know that a lot of oil companies will want to invest,’’ an elated Okoro said.
The managing director said the commission had no powers to begin exploration in the areas, and stressed the need for the Federal Government to act fast.
Imo is one of the oil producing states in the country with oil being drilled from Ohaji/Egbema and Oguta Local Government Areas.