Crude Oil discovered in Borno State

17 December 2016 National

Ministry of Petroleum Resources says Nigeria has discovered crude oil in Borno State, North East.

The Permanent Secretary, Ministry of Petroleum Resources, Jamila Shua’ra, disclosed this at the presentation of the 2016 petroleum sector scorecard in Abuja.

Shua’ra said that the discovery of crude oil in Borno State was one of the achievements of the ministry this year.

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

The Permanent Secretary said 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.

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

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