President Muhammadu Buhari flagged off the oil drilling campaign of the Wadi-B prospect at Chad Basin in Tuba Community, Jere Local Government Area, Borno State.
Buhari who spoke via virtual during the flagging-off campaign, said the exploration campaign in the Chad Basin area would lead to an increase in national crude oil and gas results as well as enhancement in national energy for Nigerians.
He noted that seismic discovery was started in 1995 which was later suspended due to some challenges.
According to him, the successful delivery of the project will enhance the country’s economic architecture.
President who directed the Borno State Governor, Babagana Zulum to perform the flag of the ceremony on his behalf, also commended NNPC and the state for the achievements so far.
Also speaking, Mele Kyari, 1st Group Chief executive officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC limited), has explained that the directives of President Buhari on reserves had made NNPC to prioritised exploration efforts in the Chad Basins region in order to increase the country’s oil and gas reserves base and production.
He assured that NNPC and partners will work with all stakeholders for a smooth execution of the project.
On his part, Governor Babagana Zulum of Borno has commended President Muhammad Buhari for providing a secure environment to begin the oil drilling in the state which experienced Boko Haram insurgency for 13 years.
He also commended Nigerian Army and other security agencies for their commitment to the fight against Boko Haram fighters in the Chad Basin region.
“The drilling of the oil in this very important area will create job opportunities for our teaming youths “ he added.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
Election Tribunal: We’ll expose INEC, Obi’s lawyer declares
Livy Uzoukwu (SAN), the leading counsel of Labour Party (LP) presidential candidate, Peter Obi has vowed to expose the Independent National Electoral Commission (INEC) for…
‘Breathe’, Toyin Abraham breaks silence on AMVCA loss
Toyin Abraham, a Nollywood actress, has reacted to her loss at the recently concluded…
Why bulletproof charm I prepared failed to protect deceased cultist —Native doctor
QUDUS Shodimu, a 44-year-old native doctor, who was arrested by the Ogun State police command for allegedly aiding cultists by…
WhatsApp to allow users edit sent-messages — Mark Zuckerberg
Mark Zuckerberg’s social media company, Meta Platforms Inc. has added a new feature to WhatsApp which…
See why NFF sacked coaches Salisu Yusuf, Nduka Ugbade
The Nigeria Football Federation has relieved coaches Salisu Yusuf and Nduka Ugbade of their…
ON May 4, Super Eagles forward, Victor Osimhen scored his 22nd goal (without penalties) of the season in the Italian topflight and…