• Buhari seeks $14bn for restoration of Lake Chad

    Buhari seeks $14bn for restoration of Lake Chad

    President Muhammadu Buhari, on Tuesday called for global support for the cleanup of Ogoniland and to raise 14 billion US Dollars for the restoration of Lake Chad Basin.

    The president made the call while presenting Nigeria’s statement at the 71th session of the United Nations General Assembly in New York, U.S.A.

    He said the call had become imperative in view of the drying up of the Lake Chad due to the negative consequences of Climate Change.

    He said, “Nigeria is proud to have […]

  • Wow!!! Nigeria finds crude oil in Lake Chad area, a Goldmine – NNPC reveals

    Wow!!! Nigeria finds crude oil in Lake Chad area, a Goldmine – NNPC reveals

    NNPC managing director Ibe Kachikwu, was quoted that Nigeria is “on the verge of a significant oil find” in the Lake Chad area of the northeast, saying this in a statement issued by the state oil company on Sunday.

    Kachikwu, who is to be sworn in to President Muhammadu Buhari’s cabinet on Wednesday and is widely expected to become junior oil minister, also said the Nigerian National Petroleum Corporation (NNPC) is projecting revenues of $20 billion in 2016.

    Africa’s biggest economy has […]