The 2023 presidential candidate of the Peoples Democratic Party, (PDP) has said the oil discovery in the North by the present administration led by President Muhammadu Buhari is a healthy development that will go a long way in boosting the nation’s economic fortunes.
Atiku in a Facebook post, on his verified page, on Wednesday, congratulated the President and outlined the opportunities Nigerians intend to benefit from the discovery.
In his words, “The discovery of crude oil and the official flag-off of the exploration by President Muhammadu Buhari is a healthy development that will go a long way in revitalising the fortunes of the Northeastern region of Nigeria.
“It will create an opportunity for more investment in education with an emphasis on skills training and entrepreneurship development, which in return, will further generate prosperity for our young people and guarantee a better future for the upcoming generation.
“However, this discovery is without prejudice to my focus on the diversification of our economy that will ensure multiple streams of revenues for the country”.
It would be recalled that President Buhari on Tuesday, inaugurated the commercial production of crude oil and gas from the Kolmani Integrated Development Project, the first of its kind in Nigeria’s North.
Located along the fields of Gombe and Bauchi, the Kolmani project, with Oil Prospecting Licence 809 and 810, lies in the Gongola Basin of the Upper Benue Trough, straddling the two Northern states.
The field, according to its promoters, is to start producing about 50,000 barrels of crude oil per day and holds over one billion barrels of crude oil reserves, shooting up Nigeria’s oil reserves to over 38 billion barrels.