Buhari Approves N40 Billion for Oil Exploration in the North, PDP Chieftain Calls It Waste
Peoples Democratic Party (PDP) chieftain, Chief Sunny Onuesoke has faulted President Muhammadu Buhari’s allocation of N39.4 billion for oil exploration in the Northern part of Nigeria, suggesting it was a waste of Nigeria’s meagre resources.
Reacting to the pronouncement of the allocation as enshrined in the 2016 budget, Onuesoke, while speaking to newsmen in Yenagoa, Bayelsa State said it was amazing that when the West and other parts of the world were embarking on renewable energy exploration, Nigeria was allocating funds for oil exploration in arid Northern part of the country.
“I wonder if Nigeria is thinking ahead or backward. I am saying this because when countries like America are selling their reserve and diversifying into other sources of energy generation, it is now Nigeria is exploring for more oil in the North. It should be noted that Nigeria cannot be an advocate of climate change and at the same time invest on oil exploration instead of renewable drive for sustainable energy like solar,” he argued.
Follow us on Twitter at @thesignalng
Copyright 2015 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.