The Nigerian National Petroleum Company Limited (NNPC) Officlaly Resumes Oil Exploration In The Lake Chad Basin.

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By Bintu Jidda

Kanempress

24th May 2023

Breaking:The Nigerian National Petroleum Company Limited (NNPC) Officially Resumes Oil Exploration In The Lake Chad Basin on Tuba Community, Jere Local Government Area Of Borno State.Petroluem Industry Act 2021 says 30% of profit after tax of NNPCL should be strictly used for Oil Exploration Activities in Frontier Basins. 3 major breakthroughs have been achieved since then. Kolmani Oil Field in Bauchi/Gombe, Ebenyi-A Oil Field in Nasarawa and Now in Jere, Borno State that used to be under Boko Haram.

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