FG to resume oil exploration activities in the Lake Chad region

06 Nov FG to resume oil exploration activities in the Lake Chad region

The Minister of State, Petroleum Resources, Timipre Sylva, on Thursday, said that the Federal Government will soon resume oil exploration activities in the Lake Chad region.

The government had in July 2017 suspended the oil prospecting project in the Lake Chad region after suspected members of Boko Haram attacked a team of Geological engineers from the University of Maiduguri who were engaged by Nigeria National Petroleum Corporation (NNPC) to carry out a survey of a certain portion of the Lake Chad region in Borno State.

The minister spoke in Maiduguri, Borno State, after a meeting with the Chief of Army Staff, Tukur Buratai, at the headquarters of the Operations Ladiya Dole Theater Command

Sylva was accompanied to the meeting by the Group Managing director of NNPC Mele Kyari.

After the meeting that lasted about 30 minutes, the minister informed journalists that “Having thanked the military, we also want to commence the exploration and drilling activities here,

“We are commencing because we believe that there is relative peace here enough for us to continue drilling in the Northeast.

“As we all know we have found oil in Gombe; and we believe there is enough oil to be found here as well. We have seen a lot of prospect in the Chad Basin.”