President Muhammadu Buhari yesterday flagged-off the resumption of physical activities towards the exploration of crude oil and gas in the Chad Basin area.
Speaking virtually at the Wadi-B Drilling Campaign which physically took place in Borno State, President Buhari expressed his belief that the successes recorded in the Kolmani River 2 and Nasarawa State would be replicated in the area.
The President affirmed that the country stands to benefit immensely from a positive outcome of the operations, as there would be an increase in National crude oil and gas reserves and production, enhanced national energy security and greater prosperity for Nigerians.
He congratulated the Board, Management and Staff of the Nigerian National Petroleum Company (NNPC) Limited and the Nigerian Upstream Petroleum Regulatory Commission, for their unrelenting efforts at developing the hydrocarbon potentials of the country’s Frontier Basins.
President Buhari also thanked the Government and people of Borno State for their support in ensuring the resumption of drilling campaigns, urging security agencies and other stakeholders to ensure that the venture meets with resounding success.
The Group Chief Executive Officer of NNPCL, Mele Kyari, said the re-mobilisation of a drilling rig to the Chad Basin for the first time since the 1980s indeed underscores the visionary leadership of President Buhari.
The Governor of Borno State, Professor Babagana Zulum, performed the physical flag-off ceremony on behalf of the President.
