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Tag "frontier Basin"

PIA: 3% for host communities, 30% frontier exploration fund will deplete federation account, says Fayemi

    PIA: 3% for host communities, 30% frontier exploration fund will deplete federation account, says Fayemi

Kayode Fayemi, governor of Ekiti state, says the 30 percent allocation from Nigerian National Petroleum Corporation (NNPC) profit oil and gas for frontier exploration and three percent of operating expenditure

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Buhari orders extension of oil exploration to six basins

    Buhari orders extension of oil exploration to six basins

President Muhammadu Buhari has flagged-off drilling activities in the Kolmani River II oil well in the Gongola basin of Benue Trough, Bauchi state.

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