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Over a billion barrels of oil found in northern Nigeria-Buhari

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The president says the country also found 500 billion cubic feet of gas within the Kolmani area of Gombe and Bauchi, and has attracted $3 billion investment already.

President Muhammadu Buhari on Tuesday flagged off the first crude oil drilling project in northern Nigeria, on the boundary of Bauchi and Gombe States.

The NNPC had in October 2019 announced the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-eastern part of the country.

The commercial quantity discovery was the first in the region after several crude oil explorations in the Upper Benue Trough.

The oilfield will be developed by Sterling Global Oil, New Nigeria Development Commission (NNDC) and NNPC Ltd.

The discovery of oil and gas in commercial quantities in the Gongola Basin, according to NNPC, will attract foreign investment, generate employment for people to earn income and increase government revenues.

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During the flag-off in Bauchi on Tuesday, Mr Buhari said the successful discovery of the Kolmani Oil and Gas field by NNPC and her partners has finally broken a decades long jinx.

“This is indeed significant considering that efforts to find commercial oil and gas outside the established Niger Delta Basin were attempted for many years without the desired outcomes,” Mr Buhari said.

“This discovery had emanated from our charge to the NNPC to re-strategize and expand its oil and gas exploration footprints to the frontier basins of Anambra, Dahomey, Sokoto, Benue trough, Chad and Bida Basins. Similar activities across the other basins are currently actively ongoing.”

 

“We are pleased with the current discovery of over 1 billion barrels of oil reserves and 500 billion cubic feet of gas within the Kolmani area and the huge potential for more deposits as we intensify exploration efforts.

 

“As a fully integrated in-situ development project comprising upstream production, oil refining, power generation and fertilizer, the project promises many benefits for the nation. This includes but is not limited to Energy Security, Financial Security, Food security as well as overall socio-economic development for the country,” he said.

Mr Buhari noted that considering the landlocked location and the huge capital requirement, the economics of the project is a challenging proposition.

“Consequently, from the onset, I instructed NNPC Limited to utilize and leverage their vast asset portfolio across all corridors of its operations to de-risk the project to attract the much-needed investment. I have directed NNPC to continue along these lines.

“It is therefore to the credit of this administration that at a time when there is near zero appetite for investment in fossil energy, coupled with the location challenges, we are able to attract investment of over USD 3 billion to this project,” he said.

According to him, this will surely be a reference subject for favourable discussion in the industry as we pursue the energy transition program that will culminate in our country achieving Net-Zero position 1 by the year 2060.

“I have engaged the Governors of Bauchi and Gombe States, and both have given me assurances of their unwavering commitment and willingness to ensure support and cooperation in these localities as this activity affects the local populations,” he said.

He urged the NNPC Ltd, NNDC, and their Strategic partners to ensure all lessons learnt from our years of experience as an oil-producing nation are utilized to ensure harmonious relationships with the local communities.

Source : Premium Times

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Journalist Hit by Metal Debris from Ongoing Construction – Kano Govt

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Governor Abba Kabir Yusuf

 

The attention of Kano state government has been drawn to a one sided media report bya section of the media revealing that a journalist, with the state own Television station, attached to Government house was hit by a stray bullet.

The incident, which occurred amidst a flurry of misinformation, sparked widespread concern and speculation regarding the safety of journalists covering events at the government house.

However, the government will like to emphatically say that journalists are not under threat in Kano government house. It is however worthy of note to caution journalists to ensure credible source while reporting any development and avoid unnecessary sensational angle that can mislead the public.

For clarity purpose, Naziru Yau, the reporter of the state television station was not hit by any stray bullet.
Instead, he sustained injuries from the metal debris emanating from an ongoing construction at the Kano State Government House, an area that has been barricaded for caution.

The truth of the incident emerged when medical professionals at the government house clinic disclosed the true nature of Mr. Naziru’s injuries.

The journalist, Mr. Naziru, expressed gratitude for the prompt medical attention he received and thanked well-wishers for their concern during his recovery.

Let me emphasized the need for journalists to remain vigilant while carrying out their duties, especially in environments where construction activities pose potential hazards.

We thereby dispel any rumor that had sparked outrage and call for increased safety measures for journalists covering sensitive events.

We also need to underscores the importance of accurate reporting and thorough investigation in mitigating misinformation and maintaining public trust.

In response to the incident, Sanusi Bature the Director General Press at the Kano State Government House have assured the public of their commitment to ensuring the safety of all individuals within the premises and the state in general.

Additionally, have pledged to review and enhance existing safety protocols to prevent similar incidents in the future.

As investigations continue into the circumstances surrounding the incident, we urge the public to refrain from spreading unsubstantiated claims and to rely on verified information from credible sources.

 

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Journalist Hit by Stray Bullet at Kano Government House

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A stray bullet has struck a journalist from Abubakar Rimi Television, who was serving at Kano Government House.

The journalist, Naziru Idris Yau, confirmed the incident to NIGERIAN TRACKER. He recounted that while they were waiting after a function with some of his colleagues, chatting close to their usual gathering spot at the last Government House gate, he was hit by the bullet.

After an examination at the Government House clinic, the ARTV journalist confirmed to NIGERIAN TRACKER that he is hale and hearty, evident even from his voice.

No security agency or Government House public relations department has yet commented on the incident as of the time of filing this report or the origin of the bullet.

The incident occurred amidst the celebration of World Press Freedom Day, which is observed every 3rd of May by the United Nations.

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End of an era: Reader’s Digest UK closes after 86 years

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Reader’s Digest UK has ceased operations after 86 years of publication. The monthly magazine, known for its health tips, financial advice, and recipes, closed due to the “unforgiving magazine publishing landscape” and the company’s inability to withstand the financial pressures.Once a market leader with a circulation of over 1 million copies per month in the UK in 2000, the publication’s readership had declined sharply in subsequent years, dropping to under 200,000 copies recently.The closure marks the end of an era for the iconic magazine, which was founded in the US in 1922 and first published in the UK in 1938.The editor-in-chief cited the “relentless change” in the media industry and the need for companies to “continuously seek out and implement innovations” to survive.The closure of Reader’s Digest UK serves as a cautionary tale about the importance of adaptability in the face of a rapidly evolving landscape.

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