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LequteMan
Guest
The Nigerian National Petroleum Corporation (NNPC) has announced that it will resume the search of crude oil in the Lake Chad Basin of Borno state.
Group Managing Director of NNPC, Dr Maikanti Baru, made the promise when he visited Gov. Kashim Shettima at the Government House in Maiduguri on Monday.
Represented by the NNPC Chief Operations Officer, who is also the Executive Director, Gas and Power, Mr Saidu Mohammed, he said that the corporation had concluded arrangement to mobilise heavy and sophisticated equipment to resume oil prospecting in the Lake Chad Basin.
“We are also in the state to inform you that in the next six weeks, we are going to redeploy our team of experts back to Maiduguri to resume oil exploration with better technology in the Lake Chad Basin.
“This is necessary with our renewed efforts in harnessing Oil, Gas and Power to increase the economy of the nation in line with the agenda of President Muhammadu Buhari on job creation and economic diversification,” Baru said.
Baru explained that the move was due to the present relative peace in the state and the degrading of Boko Haram insurgents in the North East region.
Group Managing Director of NNPC, Dr Maikanti Baru, made the promise when he visited Gov. Kashim Shettima at the Government House in Maiduguri on Monday.
Represented by the NNPC Chief Operations Officer, who is also the Executive Director, Gas and Power, Mr Saidu Mohammed, he said that the corporation had concluded arrangement to mobilise heavy and sophisticated equipment to resume oil prospecting in the Lake Chad Basin.
“We are also in the state to inform you that in the next six weeks, we are going to redeploy our team of experts back to Maiduguri to resume oil exploration with better technology in the Lake Chad Basin.
“This is necessary with our renewed efforts in harnessing Oil, Gas and Power to increase the economy of the nation in line with the agenda of President Muhammadu Buhari on job creation and economic diversification,” Baru said.
Baru explained that the move was due to the present relative peace in the state and the degrading of Boko Haram insurgents in the North East region.
