Very soon Nigeria will move from sleeping giant to dead giant. Our sole claim to glory, oil is being discovered like water across W.Africa.

'Oil discovered' off Sierra Leone 

A recent oil discovery off Ghana sparked huge optimism in the region
A US oil firm has announced the discovery of a deepwater oil well off the coast of Sierra Leone.

Anadarko Petroleum Corporation said it confirmed the existence of an "active petroleum system" in the Sierra Leone-Liberian basin.

Two years ago, oil was discovered off Ghana by the same drillers.

Sierra Leone is one of the poorest countries in the world and still faces the challenge of reconstruction after a brutal civil war which ended in 2002.

The country is also rich in diamonds and other minerals, but the trade in illicit gems, known as "blood diamonds" for their role in funding conflicts, perpetuated the civil war.

Anadarko Petroleum said the new well - called Venus - is one of more than 30 identified prospects across 10 blocks offshore of Sierra Leone, Liberia, Ivory Coast and Ghana.

"We are optimistic that the continued success of our West African Cretaceous program will create substantial value for our stakeholders as well as the people of West Africa through continued investment and increased activity," said Bob Daniels, Andarko vice-president.

http://news.bbc.co.uk/1/hi/world/africa/8259335.stm

they shouldn't make the same mistake twice

make em discover oil n more countries jare

There's oil all over the coast of Africa, it's just a matter of time before the rest of Africa discover theirs,



Beaf, abeg go look for better news and quit wasting my time jare,

udezue:

make em discover oil n more countries jare

I second that.
I also hope that as oil is discovered elsewherein abundance, so ours should dry up as quickly as possible. That is the only way we will ever come to our senses.
I can bet you that in the next 5 years, Ghana will solidly be the power in West Africa, with countries like Sierra Leone not far behind. We will soon be asking Sierra Leone for permission or aid to do things.

Soon, the world will not care if Nigeria chooses to blow itself up. OH GOSH!!! This is bad news oo!!! Roflmap!!

May God guide them and have mercy on them, oil can easily turn into a curse, we all know from first hand experience. Congratulations anyway if it's true.

so ours should dry up as quickly as possible.

lol,


we never even discover or touch a quarter of our reserve.

babapupa:




lol,


we never even discover or touch a quarter of our reserve.

The may alternative energy rise up and smash oil dependency (which I doubt ).

Beaf, my brotha I pray it dries up jare so then we'll know who and who is naija for real.

udezue:

Beaf, my brotha I pray it dries up jare so then we'll know who and who is naija for real.

Better yet, let's hope there's oil in the Chad Basin. . . . .

Can they discover it all over Arewa? Chaiiii I go thank God so they can just go.

ezeagu:

Better yet, let's hope there's oil in the Chad Basin. . . . .

udezue:

Can they discover it all over Arewa? Chaiiii I go thank God so they can just go.

Specifically in Emir of Sokoto's palace! . . .The very next day 9ja will cease to exist. Let them have oil fountains. Then we can have peace.

lol^^^^^^^ Islamic Fountain of Oil.

The may alternative energy rise up and smash oil dependency

Good thinking


No doubt, green is the way to go. Unfortunately, there's so much dollars and Infrastructure Investment around oil and gas exploration to make green energy look like pipe dream for decades to come.



Long Live Crude Oil

Long Live Bonny Light

Oil in Sierra Leone!!
OMG.
More problems 4 Naija

Naw time for Nigeria to wake up

Great news for freetown.I was there many years back and didn't like what I saw.I pray this oil liberates them from poverty.Apart from the domination by the greedy labenese in their own land,Sierraleoneans are law abiding ,peaceful and not a trace of corruption can be found in them.However with the discovery of ,oil this is bound to change.

Great news for freetown.I was there many years back and didn't like what I saw.I pray this oil liberates them from poverty.Apart from the domination by the greedy labenese in their own land,Sierraleoneans are law abiding ,peaceful and not a trace of corruption can be found in them.However with the discovery of ,oil this is bound to change.

well said.

I welcome Sierra Leone to club of oil rich but poor countries

Mukina2 time to go home

Oil boom In Africa = Rent Seeking

Cause for concern.

98% of Africans are a bunch of lazy, cowardly and violent set of people; they like the easy way out. They think that the easiest way to develop and have a good life is to have oil. Unfortunately, their wickedness and corrupt lives had never allowed them make good use of the oil. e.g the "giant" of Africa.

back2back:

well said.

I welcome Sierra Leone to club of oil rich but poor countries

Can't the nationalities of other oil- producing African country be as rich as Angola and Libya,or is poverty necessary for the corrupt to survive?

hollandis:

Great news for freetown.I was there many years back and didn't like what I saw.I pray this oil liberates them from poverty.Apart from the domination by the greedy labenese in their own land,Sierraleoneans are law abiding ,peaceful and not a trace of corruption can be found in them.However with the discovery of ,oil this is bound to change.

I would have agreed with you if I dont have a bunch of sierra leonean friends who usually tell me the real situation on ground.

dayokanu:

Mukina2 time to go home

but there is oil in Nigeria  abi?how come foreign embassies are jam packed and there is great emigration and mass exodus from Nigeria,whether by hook or crook?

nuzo:

I would have agreed with you if I dont have a bunch of sierra leonean friends who usually tell me the real situation on ground.

Maybe there is a widening gap between the rich and the poor ,but the tendency to be greedy ,cheat on your neighbour or be a participant of greed and corruption is virtually non existent amongst sierra leonans.I dont know about the government but koroma is a crusader of peace and honesty.

hollandis:

Maybe there is a widening gap between the rich and the poor ,but the tendency to be greedy ,cheat on your neighbour or be a participant of greed and corruption is virtually non existent amongst sierra leonans.I dont know about the government but koroma is a crusader of peace and honesty.

What causes the widening gap between the rich and the poor?

Did you hear of the massive corruption in their power sector spearheaded by their president?

ewoooooo

No God no please let it not be true

very worrying news

Kudos

Thats the begining of problems for them. But wait! The name of that company sounds like our attorney general .(laughs)

well, not a bad thing if it will reduce dependence on Nigerian oil.

Nigeria a good 4 nothing country!