Nigeria’s oil deposits may dry up in 2054 – expert

[Punch]

Chairman of Petroleum Technology Development Fund Professorial Chair of the University of Jos, Prof. Emmanuel Ogezi, has predicted that Nigeria's oil deposits may dry up completely in 40 years with the present rate of oil exploitation.

He said  the only way to increase the country's oil reserves is  through extensive research to discover more oil deposits.

Ogezi stated this while presenting a paper entitled, 'Geology, Petroleum, Mineral and Environmental Resources of the Benue Trough, Nigeria-Opportunities and Challenges,' at the PTDF professorial chair endowment in Geology seminar at the University of Jos on Friday.



The Punch