Good News: Nigeria begin oil exploration in Chad Basin after Boko Haram defeat



The Chad Basin was recently liberated from Boko Haram and the
NNPC says it is commencing oil exploration in the area
- The Nigerian agency also said its decision is based on the assurance of
the military that the area is now fully liberated
Nigeria is to refocus its direction at the just liberated Chad Basin in search
of crude oil deposits, just weeks after the area was liberated from Boko
Haram.
A representative of the group managing director of Nigerian National
Petroleum Corporation, (NNPC), Maikanti Baru, as saying on Monday, May
15.
The report said Saidu Mohammed, the NNPC’s chief executive officer in
charge of Gas and Power, revealed that light and heavy duty exploration
equipment were already being deployed to the area.
The NNPC believes there is a possibility of crude oil deposit in
the Chad Basin
He said oil exploration would commence in the area before the end of 2017
adding that the NNPC was encouraged to return to site by the assurances
given to them by the military.
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Speaking when he visited Borno governor, Kashim Shettima, in Maiduguri
on behalf of Baru, Mohammed sympathised with the government and
people of the state over the devastation caused by insurgents on the state.
“We are here in Borno to express our full alignment to the ongoing
reconstruction, rehabilitation and resettlement process by government in
all the liberated communities.
“Therefore, NNPC wants to appeal and seek where it can come in and
assist, because, the rate of devastation is worrisome.
“We are also in the state to inform you that in the next six weeks, we are
going to redeploy our team of experts back to Maiduguri to resume oil
exploration with better technology in the Lake Chad Basin.
“This is necessary with our renewed efforts in harnessing, oil, gas and
power to increase the economy of the nation, in line with the agenda of
President Muhammadu Buhari in job creation and economic
diversification,” he said.
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In his reaction, Governor Shettima thanked the team promising that his
administration would support the NNPC in its activities in the state.
He also pleaded for support to build schools destroyed by Boko Haram
insurgents in the state.
Shettima said the insurgency had taken a huge toll on the northeast region
leading to the loss of over $9.6 billion, with Borno state alone losing $5.6
billion.
“We need your support in our reconstruction and rehabilitation efforts, so
that when the history of the new Borno is written, NNPC’s name will be
written in gold,” he stated.
At the Shehu of Borno’s Palace, the NNPC chief sought the fatherly support
of the traditional ruler especially in the area of host community
understanding towards the resumption of oil exploration activities within
the State.
The corporation also presented relief items to the Shehu for onward
delivery to the Internally Displaced Persons (IDPs) in the state.
He stressed that much as the International donor agencies and good-spirited
organisations like the NNPC were keen on helping the IDPs, the state’s
ultimate target was to resettle the IDPs in their various communities.
Also responding, the Shehu of Borno, Alhaji Abubakar Umar Garbai El-
Kanemi, thanked the NNPC management for identifying with the Borno
people, stressing that the corporation should do more for the betterment of
Nigerians.
He expressed his happiness over the peace being enjoyed across the state
now and the entire northeast, stressing that in the nearest future, “Borno
people will survive the onslaught of the insurgency.”

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