as it congratulated Bauchi and Gombe states as they join the league of oil-endowed states in Nigeria.
A statement issued by the foundation and signed by its director general and chief executive officer, Engr. Abubakar Gambo Umar said, Tuesday 22nd November 2022 will remain indelible in the annals of the nation’s history, considering for decades the efforts made towards exploration and the production of commercial quantities of oil and gas in the Northern region of the country.
“This new development will attract more foreign investments, generate employment opportunities for the people and increase government revenues, especially as the nation strives to build a virile and industrialised economy, it equally needs to be stressed that the adverse effects of oil and gas production such as oil spillage, gas flaring, water, and environmental contamination, are serious matters that should be taken into consideration, to avoid destruction of the region’s biodiversity as seen...
The foundation therefore urged present and subsequent governments to extend oil and gas exploration to other proven and highly drill-able prospects such as the Chad Basin, the middle Benue Trough , the Bida Basin, and Sokoto Basin. “Finally, the Foundation calls on all the presidential candidates in the 2023 general elections to commit to the continuous production of oil and gas in the Kolmani fields, in addition to the multiplier effects of the project, such as refinery, fertilizer manufacturing, and other light industries”.
This is a good news for Bauchi State and Nigeria and the best news is, Nigeria 🇳🇬 is sitting on top of Oil and Gas reserves, in fact West Africa is a prospect for Oil development, therefore, we'll see more discoveries in the near future.
Is a big achievement to northerners
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