The Director, Media and Publicity, Bola Ahmed Tinubu Presidential Support Committee (PSC), Kailani Muhamad has disclosed that the newly discovered oil blocks in Bauchi and Gombe will be developed by the NNPC Limited.
He also explained that the oil blocks will be jointly managed by the Sterling Global Oil and New Nigeria Development Commission (NNDC) alongside the NNPC Limited.
While speaking at a press conference in Kaduna, Kailani said one of the wells at Kolmani in the upper Benue trough has a reservoir of 1 billion barrels of crude oil, while the other has a reservoir of 500 million cubic feet of gas.
Kailani who had worked in the sector, explained that, the discovery of the oil blocks in the North is a national economic breakthrough.
Speaking further, he fumed at some Nigerians whose view was that the laying of pipeline to Gombe was a scheme to take crude oil from the Southern part of the country to the Northern region.
“I have said it severally and I will say it yet again, our so called elites have always been leaning towards heating up the polity in order to achieve selfish ends. We are happy that President Buhari has broken the jinx of Oil and Gas economy politics by dragging the net around the country in his efforts to beef up the nation’s treasury trajectory.”
“Apart from the Gombe, Bauchi discovery, there are other locations in the Northern part of the country with large deposits of hydrocarbon. All these deposits will generally impact on the Nigerian economy,” he stressed.
According to him, the oil and gas discovered in Gombe and Bauchi cannot be consumed by the indigenes of the two states alone, but for the benefit of the entire nation”, Kailani explained.
Kailani who also doubles as the Chief Executive Officer, Network for Election Education, Sensitisation and awareness, appealed to President Buhari to ensure that explorations in the new locations begin before the end of his tenure in 2023.
While Analysing the gains of the oil wells, he explained that with an estimated 1 billion barrels of crude oil reserve from the new northern oil wells, Nigeria is expected to gain nearly $73 billion or N32.3 trillion at an average global crude oil price of $73 per barrel benchmark that can be used for the 2023 budget proposal.
Speaking on elections, Kailani said with the success recorded by President Buhari’s Administration, it is convincing enough for the presidential candidates of the People’s Democratic Party (PDP), Atiku Abubakar, the Labour Party, Peter Obi and other contenders to step down for their rival of the All Progressive Congress (APC), Bola Ahmed Tinubu for the 2023 election.
He disclosed that from the opinion polls conducted so far by some Non Governmental Organisations, there are clear indications that Tinubu will emerge winner in the election.
He said Tinubu will be in a better position to maintain and sustain the oil and gas exploration flag off recently in Bauchi and Gombe by President Buhari.
The Director of committee on Buhari’s achievements said for these and other more reasons, Atiku, Obi and other contenders should not waste their time and resources to contest, rather they should step down for APC presidential flag bearer.
“On the political scene, an opinion poll conducted by over 500 NGOS and CSOs shows that Senator Bola Asiwaju Tinubu, the former governor of Lagos state and the Presidential candidate of the All Progressives Congress (APC) will emerge winner of the 2023 presidential election hands down and by a wide margin.”
“To avoid a waste of time and resources, we humbly advise other contenders, including Alhaji Atiku Abubakar, the Wazirin Adamawa and Mr Peter Obi to step down and join hands with him in our collective efforts to build a better future for Nigeria and her citizens.”
“Our plea after this outstanding achievement is for the President, Muhammadu Buhari and the Northern stakeholders to ensure that the incoming president, God’s willing Asiwaju Bola Ahmed Tinubu should step into the shoes of his predecessor and keep the tempo of this all important oil prospecting as well as develop other untapped mineral resources in the country.”