Now we don’t have enough data to attract investors, but after the studies companies can now begin to explore for oil based on the findings. - Deborah Ajakaiye

All these are part of the work being done for frontier exploration in the country, while explaining that for now, government is saddled with all the responsibility of doing the surveys to prove the prospectivity of the basins, as the International Oil Companies, IOCs will only come in thereafter.

The NNPC had done an integrated study of the Chad Basin with 10 international companies, during which 23 oil wells were drilled and areas with oil and gas potential were determined.

With regard to the concentration of survey in the Chad Basin, I explained that this is because a lot of finds have been made in other neighbouring countries along the rift zone.