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Buhari To Officiate First Oil Drill In Northern Nigeria - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari To Officiate First Oil Drill In Northern Nigeria (32686 Views)

First Oil Field In Oloibiri Bayelsa Vs First Oil Field In Kolmani Gombe State / Buhari: Kolmani Oil Drill Has Attracted $3bn Investments / The first Oil Field In Northern Nigeria (Photos) (2) (3) (4)

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Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Osariemen12: 11:02pm On Nov 19, 2022
VaginaMiners:

Death to you and your generation.
May all Pandora Hoebi supporters die a painful and slow death


May another calamity like you never befall Nigeria again in the name of citizenship. Your head is certainly full of animal droppings, not brain.

Quote me again if all I've written here is true. Don't quote me if you are a product of rape metted on a woman with perpetual vagina odour.

The choice is yours.


Again, death to all Tinubu supporters.

3 Likes 1 Share

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by techWriter1: 1:16am On Nov 20, 2022
God protect my lovely Nigeria
Re: Buhari To Officiate First Oil Drill In Northern Nigeria by mrvitalis(m): 4:51am On Nov 20, 2022
DMerciful:
Kaduna refinery needs crude. Local consumers in Nigeria especially the North needs this so its a good thing
Unless the oil meets the requirements of Kaduna refinery even at that it's still very far from it and would cost 5 billion dollars minimum to link up

2 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Racoon(m): 5:04am On Nov 20, 2022
Guess it is the same elusive and illusory crude oil they have been desperately exploring while wasting Nigeria's meagre resources in the unproductive northern troughs? These people no go kill person.
Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Otuegbe: 5:22am On Nov 20, 2022
Once they insert pipe down,in the name of drilling oil. Trust Buhari,before Dec. they Will be included in NDDC. 13% will be given to them.

Thats the target.whether oil or no oil

9 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by MyVILLAGEpeople(m): 5:26am On Nov 20, 2022
Nyamuri:
Emeka! Ur angry because nyamuri oil no reach fry egg? undecided

Why are you lots so daft ?? Is it difficult to comprehend the simple analysis he gave

2 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 5:51am On Nov 20, 2022
mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

Eyah. The thing pain this Igbo man. The North is more productive. The North contribute over 40% to the GDP via Agriculture. While the East contribute ZERO.

Now the North has oil. Remember, the North is sitting on hundreds varieties of Mineral Resources. But the East, apart from the Coal in Enugu, na red mud full everywhere. grin

11 Likes 2 Shares

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 5:55am On Nov 20, 2022
mrvitalis:

Unless the oil meets the requirements of Kaduna refinery even at that it's still very far from it and would cost 5 billion dollars minimum to link up

Even if it will cost $20 billion dollars to link up to Kaduna Refinery, FG will do it. Since the North contribute so much to the Economy. But if it were the East, FG won't waste any Kobo. Since the Region contribute ZERO to the Economy. grin

6 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 5:58am On Nov 20, 2022
mrvitalis:

Module refinery are never profitable n need a pretrochemical plant to turn the large waste to money

This Igbo man is in severe pains.
Okoro, just locate the nearest Transformer in your area and do the needful. grin grin

9 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 6:08am On Nov 20, 2022
owobokiri:
Hope it's not slant drillings.
You guys will lay pipes from the East and be claiming oil that you don't have..
Bunch of eternal kiringwos

East get Oil?

That place is barren. grin

5 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by owobokiri(m): 6:12am On Nov 20, 2022
Almaigaa:


East get Oil?

That place is barren. grin

Most Oil pumped out from the hinterland, comes from Igbo villages. All the gas deposits for which you're building your pipelines to Niger will come from the core Eastern states.

Kwantiniu with your unruly mouth and we will soon tell ESN to close the taps so that you fund your almajiris budgets with receipts from your nama sales and your ubiquitous "groundnut pyramids "..

9 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 6:14am On Nov 20, 2022
DMerciful:
Kaduna refinery needs crude. Local consumers in Nigeria especially the North needs this so its a good thing

Do not respond to that Igbo Boy. He is extremely pained that, the North now have Oil in commercial quantity.

3 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 6:18am On Nov 20, 2022
gidgiddy:
I hope the North finds oil in huge quantities. That way they can finally agree for Nigeria to be divided

Even if the North agree to let you have Biafra, how will you survive in that small, Red mud and barren Region? Cause without Nigeria, the East can't survive on their own. grin

7 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 6:21am On Nov 20, 2022
IGBOSON1:


Best to keep your bigoted mouth shut so you don’t expose your crass stupidity to the entire forum! Part of what drives your hatred of Ndigbo is envy! It’s this same hatred and envy that led you and your bigoted ilk to try and frustrate Anambra at every turn and ensure they don’t get oil producing status. You sat on their rights, while diverting the 13% derivation payments due the state to Delta! All this while, you were pulling out all the stops to try and find oyel in your own desert region! You’re looking for something….and those that have, you’re so overcome with jealousy and hate that you use your control of the centre to frustrate and deny them their due!

Finally, you can’t possibly be mocking Alaigbo for having ‘only enough oyel to fry an egg’! You must have us confused with someone else as Alaigbo actually has the highest onshore oyel and gas reserves in the entire country!


See another pained Okoro. The East actually contribute ZERO to Nigerian Economy. No dey chest beat with the small Oil in Imo State. That one can not even serve one local Government, talk more of being in commercial quantity. grin grin

5 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 6:40am On Nov 20, 2022
owobokiri:


Most Oil pumped out from the hinterland, comes from Igbo villages. All the gas deposits for which you're building your pipelines to Niger will come from the core Eastern states.

Kwantiniu with your unruly mouth and we will soon tell ESN to close the taps so that you fund your almajiris budgets with receipts from your nama sales and your ubiquitous "groundnut pyramids "..

Audio Oil in the East. grin grin grin grin
The Oil in Imo is not in commercial quantity. That's why even with the small Oil, the East still contribute ZERO to the Economy. While the North alone contribute over 40% of our GDP.

Without the North, the East will not survive.

5 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by oladunjoye77u: 6:48am On Nov 20, 2022
EyaahEyaah...
Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Raheeqilmaktoom: 7:06am On Nov 20, 2022
ArewaNorth:
President Muhammadu Buhari will, on Tuesday, supervise the first oil drill in oil fields located in Bauchi and Gombe States.

The ground-breaking ceremony of the Kolmani Oil Prospecting Lease (OPL) 809 and 810 at the Kolmani field site will be the first oil drilling in Northern Nigeria.

Oil was discovered in commercial volume in the region about two years ago.

While Nigeria is already explore crude oil the southern Niger Delta, this exploration up north will be the first after an attempt in the Borno region was halted by insecurity.

NNPC Limited since 2016, launched a search for oil in some Northern states which led to the discovery of the oil in commercial quantity in Bauchi, Gombe, Borno and Niger States.

According to officials at NNPC Ltd, the oil field in Bauchi and Gombe axis will developed by Sterling Global Oil, New Nigeria Development Commission (NNDC) and NNPC Limited.

“The ceremony will be held on Tuesday, 22nd November and will be attended by Mr. President himself together with most of his cabinet members including the Minister of State for Petroleum, Timipre Sylva,” an official told Daily Trust.

NNPC Ltd has continually spent on frontier exploration as captured in its FAAC report.

With the new Petroleum Industry Act (PIA) 2022, funding for frontier exploration has risen to 30 per cent, which means the reformer NNPC Ltd would have more fund to develop oil fields in Nigeria.

At the moment, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said crude oil reserve is at 37 billion barrels.

Reports said the Kolmani fields holds over a billion crude oil reserve, which could significantly raise Nigeria’s oil reserve that has not grown in 10 years.

The oil discovery in the north is coming at a time when crude oil production in the south has dropped to about 1.2 million barrels per day mainly due to oil theft and vandalism.

Oil production in the north could be a backup to shore up revenue for Nigeria as it witnesses huge budget deficit so far, experts say.

https://dailytrust.com/buhari-to-officiate-first-oil-drill-in-northern-nigeria/



What we know so far:

1. Crude oil and gas has been discovered in commercial quantity in those two fields and others yet to commence.

2. NNPC ltd has, as part of PIA the needed room to push for the exploration of these resources.

3. Govts has acknowledged putting in place measures to ensure scenarios for on the ND do not repeat themselves.

4. Its said those fields hold more gas deposits than crude oil (which is in excess of a billion barrels, no figures for gas yet).

5. Nigeria is championing building of a trans saharan gas pipeline to Europe, this will be a significant factor and advantage to this project.

Its hopefully going to be 4 decades of devt now for the north and Nigeria.

4 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by LandMann: 8:36am On Nov 20, 2022
mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

See the bigger picture. The north is north interested in ferrying their crude oil to Europe in exchange for dollars pounds and euro printed in the white man's backyard. They are saving their gold... they're now drilling crude oil. Next, The north will get a perfectly working refinery to refine their crude oil and boost production and productivity in their region... They already have a son, Dangote, who will make this happen for them by first testing and gaining experience using southern oil revenue to build his own refinery in Lagos through his brother who is president.

While southerners are externally divisive and greedy and won't allow things work for the common good of all... No refinery in the south is working... Europeans keep paying the thieving southern politicians and those in position of power to steal crude oil from south and ferry to Europe to aid their production.

Southern people who have become more sheepy than sheps say nothing. They'd rather go about their business and steal and cheat others in their own little than challenge the status quo, thanks to the white man's religion, Christianity, that has helped brainwash the southern people and turned them into zombies who can't think and stand up to challenge their thieving leaders.

What a shame

6 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by HYGMICH(m): 9:21am On Nov 20, 2022
immortalcrown:
Na pipe from ND carry oil go there.


grin grin grin .....nor be lie

1 Like

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by VoteObi2SaveNai: 9:39am On Nov 20, 2022
mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

You made some points but you don't have to make it seem like you want to rain on their parade. Let's look at the bright side of it.

Finding out in the North will make some Nigerians to feel less entitled since it's now found in almost every region.

Again, who says more finds can't be made? Nigerians Delta reserves didn't get to 35 billion barrels in 1957 when oil was first discovered in Oloibiri, rather it grew over time.

Of course, they can't be looking at export market now since the cost of building and maintaining pipelines from the deposits to the port will be very expensive. Northern Nigeria is agonisingly too far from the coast and it would grossly affect their economy in terms of cost of international trade. It has been calculated that for every mile traveled inland, the cost of imports/exports increases. That is why having a port closer to the North is crucial for their survival otherwise, they would forever remain relatively poor. Unfortunately, they failed to see the economic benefits of having River Nigeria dredged and Onitsha port functional. If Onitsha port is functional, barges could be used to move goods to Baro or at least help in cutting the distance to the coast by half.

4 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by SIRTee15: 9:49am On Nov 20, 2022
Very good news. Can we now agree to divide the country.

2 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by DMerciful(m): 10:00am On Nov 20, 2022
But I'm Igbo too....its not about ethnicity
Almaigaa:


Do not respond to that Igbo Boy. He is extremely pained that, the North now have Oil in commercial quantity.

2 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 10:03am On Nov 20, 2022
DMerciful:
But I'm Igbo too....its not about ethnicity

You are a Patriotic Nigerian. God bless you.

3 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by gidgiddy: 12:51pm On Nov 20, 2022
Almaigaa:


Even if the North agree to let you have Biafra, how will you survive in that small, Red mud and barren Region? Cause without Nigeria, the East can't survive on their own. grin

If our ancestors survived when there was no Nigeria, we shall survive when there is no Nigeria

Nigeria is a disaster of a country that should never have been created
Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 1:05pm On Nov 20, 2022
gidgiddy:


If our ancestors survived when there was no Nigeria, we shall survive when there is no Nigeria

Nigeria is a disaster of a country that should never have been created

This is the reason why Igbo can never rule this Country. Make una dey wail. grin grin
Re: Buhari To Officiate First Oil Drill In Northern Nigeria by gidgiddy: 1:22pm On Nov 20, 2022
Almaigaa:


This is the reason why Igbo can never rule this Country. Make una dey wail. grin grin

Those that have ruled, those that are ruling, those that have not ruled


Everyone is suffering equally

2 Likes

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by LordviccoDaGuru(m): 1:24pm On Nov 20, 2022
Obi supporters will not sleep tonight

1 Like 1 Share

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by BloomingDale(f): 1:25pm On Nov 20, 2022
Almaigaa:


Eyah. The thing pain this Igbo man. The North is more productive. The North contribute over 40% to the GDP via Agriculture. While the East contribute ZERO.

Now the North has oil. Remember, the North is sitting on hundreds varieties of Mineral Resources. But the East, apart from the Coal in Enugu, na red mud full everywhere. grin

Tell me how the North contributes 40% to the GDP via Agriculture.

1 Like 1 Share

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Almaigaa: 1:29pm On Nov 20, 2022
BloomingDale:


Tell me how the North contributes 40% to the GDP via Agriculture.

Google it. No be me go dey educate you for free

2 Likes 1 Share

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Nobody: 1:31pm On Nov 20, 2022
ArewaNorth:
President Muhammadu Buhari will, on Tuesday, supervise the first oil drill in oil fields located in Bauchi and Gombe States.

The ground-breaking ceremony of the Kolmani Oil Prospecting Lease (OPL) 809 and 810 at the Kolmani field site will be the first oil drilling in Northern Nigeria.

Oil was discovered in commercial volume in the region about two years ago.

While Nigeria is already explore crude oil the southern Niger Delta, this exploration up north will be the first after an attempt in the Borno region was halted by insecurity.

NNPC Limited since 2016, launched a search for oil in some Northern states which led to the discovery of the oil in commercial quantity in Bauchi, Gombe, Borno and Niger States.

According to officials at NNPC Ltd, the oil field in Bauchi and Gombe axis will developed by Sterling Global Oil, New Nigeria Development Commission (NNDC) and NNPC Limited.

“The ceremony will be held on Tuesday, 22nd November and will be attended by Mr. President himself together with most of his cabinet members including the Minister of State for Petroleum, Timipre Sylva,” an official told Daily Trust.

NNPC Ltd has continually spent on frontier exploration as captured in its FAAC report.

With the new Petroleum Industry Act (PIA) 2022, funding for frontier exploration has risen to 30 per cent, which means the reformer NNPC Ltd would have more fund to develop oil fields in Nigeria.

At the moment, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said crude oil reserve is at 37 billion barrels.

Reports said the Kolmani fields holds over a billion crude oil reserve, which could significantly raise Nigeria’s oil reserve that has not grown in 10 years.

The oil discovery in the north is coming at a time when crude oil production in the south has dropped to about 1.2 million barrels per day mainly due to oil theft and vandalism.

Oil production in the north could be a backup to shore up revenue for Nigeria as it witnesses huge budget deficit so far, experts say.

https://dailytrust.com/buhari-to-officiate-first-oil-drill-in-northern-nigeria/



Great development. I am ecstatic. I am even on my knees praying this becomes a commercial reality so North can be very wealthy if they pipe crude through North Africa to Europe to supply the continent. Dollars and pounds aplenty for the North.

Hopefully Northerners will then ease up on 'one Nigeria' and leave the South, particularly SW I am from, for us to chart our own independent way forward.

I honestly believe the North, until she finds a major multi-billion dollars per annum injection of sustainable cash, will never allow Nigeria develop.

I don't go to church but will be doing so to pray this works out for the North. I am not joking either.

4 Likes 1 Share

Re: Buhari To Officiate First Oil Drill In Northern Nigeria by Nobody: 1:44pm On Nov 20, 2022
The North finding crude in commercial quantity is the best thing that can happen to Nigeria.

In fact many intelligent analysts insist the North would have happily separated from Nigeria if they had crude in commercial quantity as the SS does.

I am hoping this is now the case. Let every Northerner become a billionaire even. That will make me happy so long as they are favorably disposed to separating or at least regional governce.

Anything to dabaru 'one Nigeria' is okay by me but nothing will produce result quicker than the North becoming cash rich overnight through commercial sale of crude.

Let them keep and control their oil find. SW does not need it so long as we have control over our resources, assets and, vitally, regional direction without 'one Nigeria' regressive lunacy.

3 Likes 1 Share

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