Chief Executive Officer in charge of Gas and Power in NNPC, Saidu
Mohammed, yesterday disclosed that the oil corporation would resume its
search for oil in the Lake Chad Basin by the end of the year.
Mohammed
who was speaking on behalf of the group managing director of the
corporation, Maikanti Baru, said this when a group of top management
staff of the corporation, paid a visit to the Borno State governor,
Kashim Shettima, at the council chambers of Government House in
Maiduguri.
According to Mohammed, light and heavy duty exploration equipment are
currently being moved into the basin to commence full oil prospecting
by the end of 2017.
“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.