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Business News of Sunday, 15 January 2023


Oil discovered in Nasarawa, NNPC to begin drilling in March - Kyari

Mele Kyari Mele Kyari

Group Chief Executive Officer, Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has announced the discovery of oil in Nasarawa State.

Kyari said the official spud-in of first oil well in the state will commence in two months.

A tweet shared by NNPC read, “Group CEO @nnpclimited @MKKyari announced today that the official spud-in of first oil well in Nasarawa State will commence in March 2023. This, according to @MKKyari, is in continuation of hydrocarbon exploration activities in Nigeria’s inland basins.

“@MKKyari disclosed this while receiving in audience a delegation of prominent Nasarawa State indegenes, led by the State Governor, Engr. Abdullahi Sule at the #NNPCTowers, Abuja, earlier today.”
This comes less than two months after President Muhammadu Buhari flagged off the Kolmani Integrated Development Project in the North-East.