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News - North East - Borno Updated: May 23, 2023

Borno Joins Oil-Producing States As Drilling Begins In Wadi-B

By Abdulrazak Muhammad
May 23, 2023
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The Borno State, North-Eastern Nigeria, has joined the list of oil-producing states in Nigeria with the commencement of drilling in Wadi-B, Tuba village of the state.

President Muhammadu Buhari on Tuesday flagged off the drilling virtually. 

The president noted that the project would improve security, reduce unemployment and bring about socioeconomic growth in the state. 

He also appreciated the people, government and traditional institutions of Borno state for their support which aided the restoration of peace in the state.

The president further appreciated the management and board of the NNPC and the Upstream Service Limited for their evaluation and campaign.

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Also flagging off on behalf of the president on site, Governor Babagana Umara Zulum, said his administration would ensure the actualization of the project. 

Zulum further assured that his administration would give its full support towards the realization of the prospective crude oil. 

He appreciated the Nigerian military for their efforts in restoring peace in the state.

He also appreciated the federal government for its numerous support to the people of Borno State.

Also speaking, the Chairman of the NNPC Governing Board, Margery Chubo Okadigbo, assured the state of the corporation's commitment towards the realization of the oil exploration prospect.

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The Chief Executive Officer of the NNPC, Mele Kyari, said the company was optimistic that the drilling exercise would help in its efforts to bring prosperity to the people of the state. 

“We understood very clearly that we need to understand the basin very well. 

"We need to have a different approach to exploration activities in this very basin and that is why NNPC and our partners, the Ministry of Petroleum Resources and the current Upstream Regulatory Commission decided to embark on massive revaluation of all the frontier basins in the country.

“Now we are much more confident, we believe that this campaign will be successful and that this campaign will take us to the ultimate objective which is to increase the reserves of our country and also create opportunities around us. 

"We believe that the time for oil and gas to vanish is still far away.

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“We believe that oil and gas will continue to be principal in determination of the prosperity of our country of course more especially, providing energy security for our country. 

"And this can’t happen unless we have access to the resources and we are able to convert them into value and of course a new approach to doing this that is practical which is what we are doing in the Kolmani area," Kyari said. 

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