PUTIN WOOS AFRICAN LEADERS AT SHOWCASE SUMMIT, SAYS RUSSIA IS BETTER PARTNER THAN 'COLONIAL' WEST. (PHOTO).

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 Putin woos African leaders at showcase summit, says Russia is better partner than 'colonial' West President Vladimir Putin told African leaders ​on Wednesday that Russia was their best partner, accusing what he cast as a colonial West of still trying ‌to exploit the continent's resources and using debt to hold back development, Reuters reported. The Kremlin chief was speaking at the third Russia-Africa Summit in Moscow, a two-day event attended by African leaders and government delegations from 48 countries, during which he will hold one-on-one talks with many of the 22 individual African leaders ​attending on everything from trade to security, arms deals and grain supplies. "Africa is increasingly asserting itself as one of the key players in the global economy and politics. However, the emergence of a multipolar world is, of ​course, no easy task; it faces resistance from countries that are not prepared to accept this reality: those who are accustomed to ​thinking i...
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OIL EXPLORATION IN MIDDLE BENUE TROUGH WILL LEAD TO GREATER PROSPERITY, ENERGY SECURITY, PMB DECLARES AS EXPLORATION ACTIVITIES BEGIN IN NASARAWA STATE.(PHOTOS).#PRESS RELEASE.

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OIL EXPLORATION IN MIDDLE BENUE TROUGH WILL LEAD TO GREATER PROSPERITY, ENERGY SECURITY, PRESIDENT BUHARI DECLARES AS EXPLORATION ACTIVITIES BEGIN IN NASARAWA STATE

 


President Muhammadu Buhari on Tuesday declared that the discovery and drilling of oil in Nasarawa State will lead to greater prosperity for Nigerians as well as enhance overall energy security for the country. 

 

In his virtual message to the official spud-in of the Ebenyi-A Well located in the Middle Benue Trough, in Obi Local Government of Nasarawa State, the President said the surrounding communities would particularly benefit from the value created by the exploration and eventual production activities.

 

The President directed NNPC Limited and its partners to take due care of the environmental consequences of these oil exploration activities and to mitigate the negative effects.

 

He thanked the Government and people of Nasarawa State- the host community- for their unfettered support and collaboration towards the success of this exploration campaign.

 

The President recalled that the official commencement of drilling activities in the Middle Benue Trough is in line with ongoing campaigns for the exploration of crude oil and gas in the Nation’s Frontier Basins.

 

He listed the Chad Basin, Dahomey Basin, Anambra Platform, the Calabar Embankment, Sokoto Basin, Bida Basin, Benue Trough as well as the Ultra-Deepwater Niger Delta as areas where NNPC is extending its crude oil exploration.

 

‘‘This is consistent with the commercial discoveries of hydrocarbons in the Kolmani Area of the Upper Benue Trough.

 

‘‘I am pleased to note that activities are currently ongoing to develop the Kolmani petroleum discoveries to commercial production to add to the nation’s considerable hydro-carbon assets.

 

‘‘I am encouraged by the enormous work done by NNPC Limited to exploit the prospects in the Middle Benue Trough, leading to the event of today.

 

‘‘I congratulate NNPC Limited, the Nigerian Upstream Petroleum Regulatory Commission and other partners for their immense contributions towards making this day and this event possible,’’ he said, directing Governor Abdullahi Sule of Nasarawa State and Group CEO, NNPC Limited, Mele Kyari to spud on his behalf.

 

Femi Adesina

Special Adviser to the President

(Media & Publicity)

March 28, 2023.


 More photos below. 



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