oil discovery

Opinion: Oil found in Borno, but don’t you cheer

by Alexander O. Onukwue Let’s set the economic record straight: Crude oil is losing its value globally as more nations explore the options of renewable energy. It may have varied uses to the different countries from whom we make the money, but the real big players are looking away. The 2017 budget has been estimated... Read More

Opinion

Borno, Buhari, nigeria, north-east, Ogoni clean up, oil discovery, oil spills

June 30, 2013

#InCaseYouMissedIt: Lagos strikes black gold, set to become the 11th oil producing state in Nigeria

by Rachel Ogbu Lagos state is believed to have found oil. According to reports, Afren Plc and its partner, Lekoil Limited, announced significant oil discovery offshore Dahomey Basin in Lagos, according to the London Stock Exchange. Still awaiting authentication from the Department of Petroleum Resources (DPR), but if verified, then Lagos will become the 11th... Read More

Department of Petroleum Resources, Oil Discovered in Lagos, oil discovery, oil producing states