Nigeria Discovers Crude Oil In Borno

Nigeria has discovered huge crude oil concentration in Borno State, North East, raising the hope of the region joining the league of oil producers.

Lagos state recently joined the league of crude oil producers.
Some states in the league are Bayelsa, Rivers, Delta, Akwa Ibom.

The Permanent Secretary, Ministry of Petroleum Resources, Dr. Jamila Shua'ra, broke the news on Thursday at the presentation of the 2016 petroleum sector scorecard in Abuja.

She said that the discovery of crude oil in Borno State was one of the achievements of the ministry during the year.

"Our doggedness culminated in the discovery of oil in new frontiers – Lagos and Borno," Leadership reported on Friday.

She also listed the introduction of the petrol Price Modulation Matrix as another achievement of the ministry.

Other achievements are the all round availability of petrol in all outlets; eradication of payment on fuel subsidies; and located foreign direct investment to finance midstream oil and gas infrastructure.

The adopted exit strategies on Joint Venture Cash Call; robust engagement of host communities to reduce agitations; and creation of more stable industrial relations," she said were other achievements.

Vice President Yemi Osinbajo, who presided over the ceremony, stated that the deregulation of the downstream sector, which led to the elimination of petroleum subsidy, saved the government a burden of N15.4 billion monthly.

The vice president was represented by the attorney-general and minister of justice, Alhaji Abubakar Malami.

He stated that the oil and gas sector remain very critical to the stability and growth of the nation's economy as it accounts for about 90 per cent of the country's earnings, in addition to contributing substantially to the inflow of foreign exchange and growth of foreign reserves.

Prof. Osinbajo further disclosed that the Federal Executive Council (FEC) had recently approved new measures and strategies aimed at eliminating the burden of Joint Venture Cash Call arrears and easing future payments in the up-stream sector, stressing that the strategies are fully supported by the National Economic Council (NEC).

Comments

EXPLOIT by DA SAINT (KingsMpire.com)

DOWNLOAD HERE FOR FREE Kings Empire Entertaiment CEO DA SAINT who has been making exploits in the comedy industry with his outstanding comedy videos trending all over the globe. After emerging the Winner in the just concluded MINIMIE CHIN CHIN COMEDY BANK challenge season 2. DA SAINT drops a new single titled "EXPLOIT" produced by PEDRO which is the Official theme song for the CHRIST'S CHOSEN CHURCH OF GOD NATIONAL YOUTH AND STUDENT CONVENTION (NYSC) 2016 which is slated to hold from on the 26th to the 30th of October 2016 In Exploit he talks about Jesus as the Power behind His Exploits and that of Every other Person. FOLLOW DA SAINT ON twitter @iamda_saint......... Instagram @iamda_saint..... Facebook @Clement Da Saint for bookings Please call 07035864272 DOWNLOAD HERE FOR FREE and SHARE LYRICS Intro Christ chosen nysc nysc nysc I Make exploit Verse 1 Am born to make exploit Am born to overcome He lives in me I live in h...

Supreme Mighty ft T-West (FEEL MY DEMO) - DA VIDEO

One of south south fast rising artiste, a member of 3:16 Entertainment and cool Breeze Music Frontliner SUPREME MIGHTY . The brain behnd popular ht songs like " Pass me that thing ft Ms_Ali . "Etighi dance step" ft Shuun Bebe , See Bobby" amongst others drops the visual to his " Warri don jazzy on the beat" recent hit song which is toping music charts all over the south, "FEEL MY DEMO" where he features Warri born popular Pidgin raper T-WEST .. Director's Credit goes to Baddest video director from the south, Julien_Oc .. follow @ julien_oc Video was shot in the cty of warri. This vdieo is dope. trust me... DOWNLOAD VIDEO HERE Connect @ supreme_mighty_ogbemi @twesttboy @julien_oc #austeen3:16Ent #CoolbreezeMusic #FullWarriBelieveUs #FeelMydemo #Olugbemi #Julien_Oc @Julien_Oc DOWNLOAD VIDEO HERE ...

Sexual Abuse: I didn’t rape her, we had sex — Timaya

Dem Mama Records boss, Timaya has reacted to the sexual a buse allegation by a US-based woman, Shella, denying r aping her. Below is Timaya's statement I have been talking with this girl for about one year and its f unny how someone you think you know can act very hungry a nd low. How can I leave Nigeria and go to America where t he law works to rape anyone? Am I crazy? This girl who had been promising to blow out my brains with s ex when she sees me begged to see me when she knew i w as in town but i didnt know that she had a hidden agenda. I a greed to see her and she came to my hotel in Atlanta and w e got down for real. When we were done and we were c hilling, I got a call from my manager that we needed to start p reparing for a show.She asked to go with me to the show as a couple but i said no and told her I was there to work. I got up and started preparing for the show but I realized her p hone wouldn't leave my face and she kept asking me stupid q ...

Meet 23-year-old Nigerian Entrepreneur Who Turned Down A Job Offer From Bill Gates’ Microsoft

A 23-year-old Nigerian entrepreneur, Chris Kwekowe turned down a job offer to work as a software engineer at Microsoft, owned by the richest man in the world, Bill Gates, in order to begin his own start-up in Lagos. The Lagos State University computer science graduate proudly revealed this to Bill Gates during a television interview for Africa’s brightest young entrepreneurs in August 2016. Kwekowe, who won the 2015 Anzisha Prize which came with a $25,000 cheque, said he rejected the offer to build up his own startup, Slatecube– a website aimed at helping other young Nigerians find jobs. " When I told him, Gates was intrigued and he smiled. After the programme, all the directors were like, ‘Dude, you mean you actually turned down a job at Microsoft and had the guts to tell Bill Gates?’ Kwekowe founded Slatecube with his brother Emerald, 20, in October 2014. The pair funded their efforts by freelancing as web designers and running a software solutions f...

Grieving Mother Of First Class Graduate Corper Who Died Of Negligience At Kano NYSC Camp Recounts Her Final Moments

Ifedolapo Oladepo died at the NYSC orientation camp Kano on Tuesday, after camp officials allegedly took her illness as pretense to avoid going for parade. Before her death, Ifedolapo was reportedly a First Class graduate of Transport Management from the Ladoke Akintola university of Technology, Ogbomoso. She was buried yesterday in Osogbo, Osun State. Her heartbroken, grieving mum shared this story which detailed Ifedolapo’s final moments. Quite painful: Read What she posted below: You called me five hour to ur death and told me to start coming as the nysc doctors are not doing any tin for you they thought you were pretending u did not want to go for parade so they did not attend to u,wen u started callin people from home they eventually gave u an injection immediately after the injection u called ma again that you notice a lot of rashes on ur body that i should speak with the doctor who refuse to talk to me,u called five minutes later and told me your tongue is twisting they s...

Obasanjo's Ex Wife Taiwo Begins a New political Party

By Taiwo Amodu Taiwo Obasanjo, is ex-wife of former president, Chief Olusegun Obasanjo. In this interview, she unfolds her plan to float a political party, with the name, Abundant Blessing Congress. She says her mission is a “divine assignment from God.’’ Why are you interested in floating a political party? What exactly is your mission and why not find accommodation in existing platforms? I have a divine assignment from God to come out with something like this. It has a divine agenda. What is the divine agenda? What is the agenda? It is to create a selfless platform for people to come together and become the custodian, part and parcel towards rebuilding this nation. We shouldn’t leave it to only the government of the day to run. It is going to be a kind of shadow government, that will also externalise itself in all that they want to do for the nation. The Abundant Blessing Congress will also be internalizing what they want to do and that’s what we are going to...

Tekno Singer finally delivers diversity with new single "RARA"

With ‘Rara’, Tekno ends the year on a high, and proving that he has more than just what has been released this year within his artistry. Holy crap! That’s the feeling one gets as the sounds of Tekno’s latest single ‘ Rara ’ begin to filter into your ears and connect with your brain. These sounds travel through the entire brain and activates the pleasure and reward centers, which in turn give you the feel-good chemicals stumlate happiness all around you. Simply put, it owns you. And it is on that note that he comes through with ‘Rara’. Produced by the prolific Selebobo, Tekno diversifies on this one. DOWNLOAD HERE DOWNLOAD HERE Tekno Before ‘Rara’, Tekno appeared to have one single working formula. It is this formula that has propelled him to become the prince of African music. There’s a certain method to the production of ‘Duro’, ‘Wash’, ‘Where’, ‘Pana’ and ‘ Diana’ that remains consistent, even in the audio and vi...

Averting another ASUU mega strike

*A week ago, the Academic Union of Nigerian Universities (ASUU) served notice of its intention to embark on a one- week warning strike with effect from Wednesday, 16th November, 2016. Its President, Professor Biodun Ogunyemi, claimed that ASUU took the action after nationwide consultations with the National Executive Committee (NEC) of the Union, though the Minister of Labour, Dr Chris Ngige, insisted the Federal Government (ASUU members' main employer) was not notified.* *ASUU said its leadership came under great pressure from its members over pending issues such as the 2009 Collective Bargaining Agreement and 2014 Memorandum of Understanding, which were not properly implemented. These cover the areas of proper funding of universities (which went down to eight per cent in 2016 from 11 per cent in 2015, despite the fact that this year's budget was significantly higher at N6.06 Trillion compared to N4.4 Trillion of 2015); unpaid pension...

*I went to Nigeria to meet the man who scammed me – 69-yr-old Swede woman

*An internet romance scam took an unexpected turn, writes Adaobi Tricia Nwaubani. When Maria Grette first discovered that the "58-year-old Danish man" with whom she had fallen in love was actually a 24-year- old Nigerian "419" internet scammer, the 62-year-old Swede was distraught. But, soon, her feelings changed. "The most terrible thing was not that he had cheated me, but that he had lost his innocence," she said. She became consumed with what she describes as "a profound need to make a difference to the people of Nigeria". Ms Grette's relationship with Johnny (not his real name) began after an evening of fun and games with her girlfriends, during which they playfully created a profile for her on an online dating website. A few years before, she had gone through a traumatic divorce, and her friends teased her about finally starting a new relationship. But when the fun of creating her profile was over, ...

Search This Blog