But a Geologist based in Port Harcourt, who spoke with our reporter on phone and reÂquested anonymity, said that the quest for oil in the North is “a fruitless engagement” that will just drain Nigeria’s scarce reÂsource at this time of recession because they would find nothÂing of commercial interest in the area.
“I can tell you that they just want to waste our money there because major multi-national oil companies have been there earliÂer, invested huge sums of money to explore oil in the Chad Basin and later left when they discovÂered that it amounts to efforts in futility. B