Energy
How oil exploration in the North fails to reach production 4 years after
President Muhammadu Buhari led a high-level government delegation for the inauguration of oil exploration in Bauchi in February 2019. This is coming after same exploration project was started in Borno State. After Boko Haram abducted exploration workers in Borno, the project was delayed indefinitely, but the oil exploration facilities in Bauchi have been operational throughout this period but up till this moment, no commercial quantity has been produced 4 years after inauguration.
The oil exploration project in the northern region cannot yet be regarded as abandon work. But the silence of stakeholders to provide useful details of the exploration activities to members of the general public tantamount to more public scrutiny of the ongoing work. The federal government has heavily invested in the project but nothing has been produced yet.
-
Featured6 days agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Latest1 week agoGlobal excitement builds as Healing Streams Live Services returns October 23
-
Featured6 days ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business1 week agoPresident Tinubu and the Low Transport Fares Fiasco
-
Business4 days agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Business6 days agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party
-
Latest6 days agoBreaking: NNPCL raises petrol price to ₦1,405 per litre amid discount controversy
-
Business1 week agoRite Foods targets beverage market growth with LIDA Malt


