Crude oil discovered in Borno

Nigeria has discovered huge crude oil concentration in Borno State, North-East, raising the hope of the region joining the league of oil producers.

The Permanent Secretary, Ministry of Petroleum Resources, Dr. Jamila Shua’ra, broke the news on Thursday at the presentation of the 2016 petroleum sector scorecard in Abuja.

She said that the discovery of crude oil in Borno State was one of the achievements of the ministry during the year.

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.