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Saturday 12 December 2015

PDP faulted Buhari’s allocation of N39.4b for oil exploration in the North

Buhari  N39.4b oil exploration in the North

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.

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.
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