The Chairman, Senate committee on foreign and domestic debts, Senator Shehu Sani has declared that the north will never discover oil in the Chad basin of Nigeria even after it has wasted $3 billion, approximately (N900 billion) in oil exploration in the basin.
Sani, who frowned at how money was ‘needlessly’ being wasted on oil exploration activities in the northern part of the country, called on President Muhammadu Buhari to initial a full scale investigation into the alleged wastage of public fund.
The senator disclosed this when members of Kaduna State Students Union paid him a courtesy visit at his Kaduna’s office on Monday, February 8.
He urged Buhari to set up an investigative panel that will look at attempt to find oil in the north saying that the probe should not be limited to the administration of former president Goodluck Jonathan but extended to other past governments.
The lawmaker insisted that the effort of searching for oil in the region was needless following statement recently made by the Northern Nigeria Development Company that it would commence the exploration of oil and gas in the northeast part of the country in the first quarter of this year, reports Leadership.
Senator Sani said:
“If we cannot oil, we must get our money back because so far over $3bn had been wasted on oil exploration in the north, particularly in the Chad Basin and Benue trough.
“This oil exploration issue started from late General Sani Abacha regime, and many years after his death, no oil is found in the region.
“I blame our northern leaders who in collaboration with their southern counterparts improvised the north.”
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