FG STEPS UP OIL SEARCH IN CHAD BASIN

In the face of dwindling oil reserves, the Federal Government has said it will intensify the search for oil in the Chad Basin area.

It said the prevailing security challenges in the area would not deter it from the mission. “In spite of the dire security situation in the Chad Basin area, the National Petroleum Investment Management Services, through our Frontier Exploration Services, continues to explore the frontier areas of Nigeria to increase oil and gas reserves,” the Group General Manager, NAPIMS, Mr. Jonathan Okehs, said in a post on the organisation’s website.

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