Taking the politics of oil exploration a notch further recently, the Minister of State for Petroleum Resources, Ibe Kachikwu, has again defended Buhari’s obsession with finding crude oil in commercial quantity in the North. Baru claims it will grow the nation’s crude oil reserves to 40 billion barrels by the year 2020. Politics, rather than sound economics, underlies this compulsive oil search. In an interview, Itse Sagay, a professor of Law, gave the background to oil exploration in the country. No doubt, crude oil has played a major role in global affairs, leading to the rise and fall of governments.

Source: Punch November 20, 2017 02:26 UTC