NNPC director Baru advised investors where to search oil in Nigeria – He listed six areas where there are prospects of oil and gas in the country Oil in NE Dr. Maikanti Baru, the group managing director of the Nigerian National Petroleum Corporation (NNPC) has listed six areas where the government of Muhammadu Buhari is searching for oil.

Mr Baru was speaking while receiving the leadership of National Association of Petroleum Explorationists (NAPE) led by its national president Nosa Omorodion in Abuja on August 25, Thursday.

He advised the association to explore the hydrocarbon potentials of green frontier basins in six areas in order to increase the reducing reserves in the country. Baru stated that the Nigerian authorities would be willing to make provisions for inducements for such prospective investors.

The areas where there are prospects of oil and gas listed by NNPC director are:

1. The Chad Basin,
2. Anambra,
3. Bida,
4. Dahomey,
5. Gongola/Yola
6. Benue Trough

He further advised NAPE to play a key role in endorsing public private partnership in the exploration of some of the green frontier basins. On his own part, Omorodion, the president of NAPE, felicitated with the GMD on his appointment, saying that NAPE would confer on him a honourary membership award which was the highest award from the association due to his outstanding track records in the Nigerian oil and gas industry in November this year.

Following President Buhari’s order, the exploration of crude oil has officially started in the north-east of Nigeria two weeks ago.

QuotaSystem:
I like how he threw in the 5% for balance Things are changing.

Doug07034780891:



Did you not see Anambra basin there?

Do you have comprehension issues ?

Wisdom8033:
This is diversification? Nawa.....

QuotaSystem:
I like how he threw in the 5% for balance Things are changing.

QuotaSystem:


Do you have comprehension issues ?

kettykin:
And some people will think this man is not preparing for the eventual disintegration of Nigeria is

Doug07034780891:



Did you not see Anambra basin there?

PEPPERified:


Buhari is not searching, and has never searched for oil in Anambra State.
Oil was long discovered and the exploration company Orient Petroleum was commissioned by Jonathan in 2014.
As a matter of Fact, a league of Anambra businessmen are Siting Nigeria's first private refinery in Anambra state.

QuotaSystem:


Do you have comprehension issues ?



Yes. Diversification does not mean abandoning your current revenue earner, but exploring and developing other revenue sources in case any of them is adversely affected so you can rely on another for sustenance during hard times.

The northern core revenue earner is agriculture (food products, leather, cash crops) and we are diversifying into oil, while that of the South is oil so it should diversify into agriculture and other sources. That is diversification.

eshietIntrepid:
Tribal warlord
Why not search in duara


Presidents buhari desperate search for oil in the north east shows that no tribe from the north really desire Nigeria to remain one if they can take care of all their needs, I pray u find what u fine looking for so we can all rest.

QuotaSystem:
I like how he threw in the 5% for balance

Things are changing. The North must become self sufficient and diversification into oil, agriculture and our solid minerals is the way to go. It's for the good of the entire country.

God bless the President.

Aufbauh:


Make Una forget all these Una trashy thought of disintegration cos in the next 5 years to come if God keep us, you and I will still be in this same country as a united Nigeria.
Na so country dey disintegrate one afternoon for your mind or because jona lose election.