Fidelity bank banner Bayelsa State banner
‘7 wells drilled in Bida Basin show signs of oil’

By Ahmed Tajir on 25/05/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 443


There was renewed optimism that Niger may join the league of oil producing state soon, says the State Commissioner for Mineral Resources, Hajiya Ramatu Yar’Adua.

Briefing journalists on the outcome of the weekly state executive meeting in Minna on Thursday, the commissioner said the seven wells drilled at the Bida Basin have confirmed the existence of oil in commercial quantity.

Daily Trust recalls that the Nigeria National Petroleum Corporation (NNPC) in collaboration with the state-owned Ibrahim Badamasi Babaginda University Lapai has commenced oil exploration in both Bida and Sokoto basins.

Prof Nasir Maiturare, the institution’s Vice-Chancellor told newsmen recently that researchers have submitted two reports on the activities to the Corporation while awaiting the third one which he said would be out soon.

Mrs Yar’Adua confirmed that there was significant progress showing existence of crude in commercial quantity, especially at the Bida basin from the shallow wells established in the villages of Gulu, Bakani, Makera, Kudu, Enagi, Kutigi and Kontagora.

She said that the executive council has approved the payment of N145million out of N380million bill presented by a consultant oil firm that carried out the technical job that established workable data bank on the presence of oil in the basin.

She disclosed that two investors based in United Kingdom and Canada have expressed interest in doing the seismic data analysis to come out with blocs before handing over to the Department of Petroleum Resources (DPR).

She expressed the hope that NNPC will refund the money expended by the state government in due course. (DailyTrust)

Source News Express

Posted 25/05/2018 11:50:14 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Recruitment: Police warns public against fraudsters

Lagos commends Investment Champions

Brazil 2014 World Cup shocker: Van Persie, Arjen...

Chidoka appointed Minister of Aviation

Nigerian diplomat assassinated in Sudan

2019: PDP power brokers lure Tambuwal with presidential...

APC chairman distances party from Saraki’s travails

Biafra Nations Youth League laments Achuzia’s death

PDP chairmanship aspirants undergo screening in Abuja

Politics, governance and human development, By Peter Obi...

Defence Ministry civilian staff to receive military training...

JAMB extends UTME registration

 

Latest News Gunmen abduct, gang-rape 5 activists at gunpoint UPDATE: DSS Operatives storm Senator Abaribe's Abuja home 9 Shiite members in police net over killing of policeman Judge’s withdrawal stalls Innoson’s arraignment 2 siblings docked over alleged kidnap of 3-year-old boy Police lied; we didn’t attack anyone — Islamic Movement of Nigeria 14 docked for cultism, arms possession in Ogun Oyo Govt seals 50 companies over non-payment of tax Court refuses to order forfeiture of funds in accounts without BVN Don’t allow politicians to use you, CJN advises judges Buhari salutes Super Eagles over their victory against Iceland, urges them to defeat Argentina Atiku visits PDP Secretariat, reiterate commitment towards a better Nigeria

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (352,647 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (352,244 views) Shameless Genevieve Nnaji exposes breasts in public (280,607 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (230,367 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (209,243 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (209,070 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (182,034 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (164,181 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (154,046 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,819 views) Lagos plane crash: Journalist releases victims’ names (144,020 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,801 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,263) Business Verdict (44) Columnists (871) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (505) Features (607) Global Business Monitor (284) International (2,047) Interview (155) Live Commentary (28) Love Matters (124) News (36,411) Opinion (1,005) Pidgin (10) Politics (5,304) Religion (772) Sports (1,557) Stock Watch (30) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Argentina vs Croatia Goals

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement