…Pledges to intensify oil search in Anambra, Sokoto, other basinsOkechukwu Nnodim, AbujaPresident Muhammadu Buhari on Saturday flagged-off the official commencement of crude oil search in the Kolmani Well River-II, located near Barambu, Alkaleri Local Government Area of Bauchi State. Buhari also declared that the Federal Government would intensify oil exploration efforts in all frontier basins including Chad Basin, Gongola Basin, Anambra Basin, Sokoto Basin, Dahomey Basin, Bida Basin and Benue Trough. The President said the exploration for crude oil was part of his administration’s promise in terms of growing Nigeria’s economy, adding that the government had worked hard to fulfill its promises. He pledged to fully support the Nigerian National Petroleum Corporation in the exploration for crude oil in the Kolmani Well River-II, as oil was still very critical to the country’s economy. Buhari said, “Oil and gas remain critical to Nigeria’s economy of today and the future.

Source: Punch February 02, 2019 12:22 UTC