BY USMAN MOHAMMED, MAY 24, 2023, 5:35 PM
Muhammadu Buhari, Nigerian President has flagged off Wadi-B oil drilling campaign in Borno State.
The President who joined the flag-off virtually said: 'the Wadi B well-drilling campaign, will secure the formal resumption of physical activities for the exploration of good oil, and gas in the Chad basin area.'
The flag-off took place today at Tuba community in Jere Local Government which is about 35 kilometers away from Maiduguri, the state capital.
'I am aware that oil and gas exploration activities have been ongoing in the Chad Basin since 1976 and of the discovery of some commercial gas, drilling commenced in 1985.
'I am also aware that the active drilling activities were suspended in 1995 to re-validate the exploration activities in the entire frontier basins,' the president added.
He commended the team of Nigerian National Petroleum Company, NNPC for conducting extensive analysis and the evaluation of all frontier basins which leads to successful discovery of crude oil and gas in commercial quantities in Kolmani River, II.
He also commended the body for providing insight into the ongoing crude oil and gas drilling campaign in Nasarawa State, as well as the current reentry activities into the Chad basin.
In his remark, Governor Babagana Umara Zulum said the development will impact the economy which will into create more opportunities for the good people of the state.
The governor appreciated the intervention by the federal government in terms of infrastructure, power supply and securit. He said 'Borno is now safer than many other states.’
Also speaking, His Royal Highness Alh. Abubakar Garbai Al-Amin El-Kanemi, the Shehu of Borno said he is very pleased with the development.
'We are eagerly awaiting this time, this is a reality,' he said, adding that the exploration of the oil can provide jobs for youths who are roaming the streets.
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