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.
President Muhammadu Buhari on Saturday, February 2, in Bauchi state, passed instructions to the Nigerian National Petroleum Corporation (NNPC) to extend its oil exploration activities to six basins in the country.
Allowing individuals to acquire shares in the NNPC with government retaining some of the shares will mean more funding into the corporation to carry out its commercial activities relating to the petroleum industry.
The Nigerian National Petroleum Corporation (NNPC) has warned politicians seeking support from the electorate ahead of the forthcoming general election to stop dragging it into the schemes and antics of partisan politics.
The Nigerian National Petroleum Corporation (NNPC) in its monthly Financial and Operation report says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October, 2018.
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it is working to crash the price of cooking gas in the country. It said this would be done through the implementation of effective commercial framework.