28 Years After Pulling Out, NNPC Resumes Crude Oil Drilling Campaign in Chad Basin Buhari, Kyari , Komolafe, others upbeat about hitting oil soon 943m barrels initial yield expected Deji Elumoye and Emmanuel Addeh in Abuja
Nigerian National Petroleum Company Limited (NNPC) formally resumed its drilling campaign in
the Chad Basin, Borno State, yesterday, almost three decades after it withdrew from the site due to the
discovery at the time that the oil find was not in commercial quantity. NNPC assured that it had now
taken a wholesale review of the likelihood of finding more reserves in the frontier basins in the country,
which led to the discovery of oil Continued on page 40
CBN Revokes Operating Licences of 183 MFBs, PMBs... Page 40 Wednesday 24 May, 2023 Vol 28. No 10269. Price: N250
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Fudge Leads Biden’s Delegation to Presidential Inauguration Blair visits Tinubu, pledges support for his administration
OFFICIAL LAUNCH OF OANDO/LAMATA ELECTRIC MASS TRANSIT BUSES...
Michael Olugbode and Adedayo Akinwale in Abuja
L-R: Executive Vice President, Oando Clean Energy,Mr. Ademola Ogunbanjo; Permanent Secretary, Ministry of Energy and Mineral Resources, Mrs Sholabomi Shasore; Commissioner for Energy and Mineral Resources Lagos State,Engr. Olalere Odusote; Managing Director, LAMATA,Engr. Abimbola Akinajo; Commissioner for Transport, Lagos State,Dr. Frederic Oladeinde, and President/CEO, Oando Clean Energy Limited, Dr. Ainojie Alex Irune, at the official launch of Oando Clean Energy & LAMATA's electric mass transit buses in Lagos State…yesterday...see story on page 6
Secretary of the United States Continued on page 40
Buhari: My Govt Invested in Infrastructure for Economic Growth, Prosperity Defends his administration’s high debt profile Insists borrowed funds are tied to visible projects Inaugurates second Niger Bridge, two others, road project Names federal secretariat, Yenagoa, after ex-President Goodluck Jonathan South-east governors shower encomiums on president for unveiling bridge
Story on page 40
BUHARI ATTENDS FAREWELL REGIMENTAL DINNER... L-R: Inspector General of Police Usman Alkali Baba, Chief of Army Staff Lt Gen Yahya Faruk, Chief of General Staff General Lucky Irabor, President Muhammadu Buhari, NSA Maj Gen Babagana Mongonu Rtd, Chief of Airforce, Air Marshal Isiaka Oladayo Amao and Chief of Naval Staff, Vice Admiral Awwal Gambo, during a farewell Regimental Dinner hosted by the Armed Forces at the Nigeria Army Headquarters Officers Mess in honour of the President, Abuja. PHOTO: SUNDAY AGHAEZE.