Lagos State will likely commence oil and gas exploration by next year, following the large deposit of oil found in some parts of the state like

Lagos State will likely commence oil and gas exploration by next year, following the large deposit of oil found in some parts of the state like Epe, Ibeju-Lekki and the Badagry axis.

The Chairman Committee on Energy, Mineral Resources and Waterfront Infrastructure, Hon. Lanre Ogunyemi, who disclosed this in Lagos , explained that the state House of Assembly has enacted an enabling law to that effect.

He said: “The Folawiyo Group is partnering with the Ministry of Energy in the state and very soon, Lagos would join oil producing states. Exploration trends will follow the industry’s perception of the next best resource base to explore and develop, which incorporates both the scale and quality of the resource and the cost of its development.

“Through exploration, acquisitions, strategic partnerships and technological expertise, Lagos State is in pursuit of the growth strategy. Natural gas is a future-oriented resource in global energy supplies and there are sufficient supplies of this climate-friendly, cost-effective, and safe fuel.

On the challenges of oil exploration, he said, “Competition for natural resources has driven companies to explore and produce in harsh, remote and even hostile locations, where even the simplest of logistical tasks can be difficult and costly.”


Read full story
http://monitor9ja.com/2014/09/lagos-start-oil-exploration-2015/

Goodone lagos soon to become the 4th largest economy in Africa

Make we finish the one wey dey ND before Lagos enjoy its own alone

Its time to start the MOVEMENT FOR THE EMANCIPATION OF LEKKI AJAH AXIS '' MELA'', area, ori yin o foka sibe.
Another Ijaw oil has been transferred from ND to Epe, just as all the cows in Africa belongs to the MASAI, all the oil in Nigeria belongs to the IJAW, Asari wake up no sleep o,

7lives: Its time to start the MOVEMENT FOR THE EMANCIPATION OF LEKKI AJAH AXIS '' MELA'', area, ori yin o foka sibe.
Another Ijaw oil has been transferred from ND to Epe, just as all the cows in Africa belongs to the MASAI, all the oil in Nigeria belongs to the IJAW, Asari wake up no sleep o,

Are you for real?

The former crime capital...

Ttalk:

Are you for real?

Are you actually taking me serious? get a grip I'm just taking a swipe at '' NA AWA OYEL'' mentality folks.