₦airaland Forum

BabaRamota1980:
and they waited till the eve of Zahra wedding with Borno Oil tycoon to announce this

So can Asari and Tompolo go own oil well for Borno now?

ABUJA—After several months of exploration activities, Borno State has joined the league of oil-producing states in Nigeria, as the Federal Government, yesterday, said crude oil had been discovered in the state.

Permanent Secretary of the Ministry of Petroleum Resources, Mrs. Jamila Shua’ra, disclosed this during the agreement signing ceremony for joint venture, JV, cash call exit and presentation of the petroleum sector score card in Abuja.

Shua’ra, however, failed to state the particular area in Borno State where oil was discovered and if the discovery was in commercial quantity.

She attributed the discovery of oil in Borno and Lagos states to the doggedness of the present administration. In the scorecard presented to stakeholders, the ministry also noted that the introduction of Price Modulation Mechanism and Appropriate Pricing Framework had helped the Federal Government to save N1.4 trillion that would have been expended on subsidy payment between May and November.

Also, the ministry announced that the Department of Petroleum Resources, DPR, would in 2017 conduct bid rounds for open blocks and conclude the previously aborted marginal fields bid round to enhance the entry of new players, stimulate competition and generate revenue for the government.

alezzy13:
I also noticed my mavro has also been unfrozen. good move

GreatSE:
is this a news.... So a federal constituency is more important then what goes on in your South-West State..., Typical Yoruba man.....RUBBISH

Johnnyessence:
I will never believe this crook news. This is what they do in ondo state last month reporting fake news around. Magnus Abe have cast his vote since. Infact it was peaceful. We all see it here on nairaland. Infact where he cast his votes is an open place not indoor. Keep posting fake news as if we are novice.

Tokety7:
Wikes thug were on rampage and terrorising the area and SARS came to the rescue.

ahaika23:
What a massive crow. I see APC in the bin!

ahaika23:
What a massive crow. I see APC in the bin!

UncleDeeee:
Rivers State APC is a total nuisance to our democracy in Nigeria. Even the blind can see that Wike is working in Rivers State. Can't they put sentiments apart and for once in their miserable lives admit the truth?

TechLector:
?? hey! WHAt do you mean AND WHAT IS YOUR PROBLEM? ? ?

TechLector:
?? hey! WHAt do you mean AND WHAT IS YOUR PROBLEM? ? ?