ASSOCIATION BLAMES INADEQUATE FUNDING FOR NON-DISCOVERY OF OIL

Lack of political commitment, coupled with inadequate funding are responsible for the non-discovery of oil and gas in commercial quantity, the Association of Petroleum Inland Basins States of the North (APIBON) has said.

The Secretary General of the Association, Yusuf Sani, who stated this in Abuja while speaking on the parlous state of oil basins in the country, said Niger Republic, Chad Republic and Sudan which have structural stratigraphic similarities with the ones in Nigeria have recorded greater successes in oil discoveries.

Read more @ The Guardian