Why Nigeria’s oil reserves are not growing – Minister

The Minister for State, Petroleum Resources (Oil), Heineken Lokpobiri, on Thursday, said Nigeria’s oil reserves are not growing because of the lack of exploration activities in the country over the years.

Mr Lokpobiri disclosed this when Governor Usman Ododo of Kogi State paid a courtesy visit to the minister in his office on Thursday.

“For the past few years, Nigeria hasn’t actually done much on exploration and that is why our reserves are not growing,” Mr Lokpobiri said.

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