The conference is organised by the Petroleum Technology Development Fund (PTDF) in collaboration with the Sokoto State Government and the host university to improve expert literature and share research results on the viability of hydrocarbon in the Sokoto Basin.
He said the location of the Sokoto basin is the south eastern portion of a larger basin, which covers North Western Nigeria, most parts of Niger Republic, Benin Republic, Mali, Algeria and Libya.
Tambuwal said almost all available hydrocarbon resources were reservoired deep underground, adding that there was the need to engage experts to come up with in-depth,credible and convincing data capable of attracting international investment into the basin.
The Sokoto governor said, “In pursuance of such reliable data, the Sokoto State Government contracted a Chinese company, which surveyed the basin and confirmed the availability of hydro carbon phosphate in abundance.
“Nigeria is in urgent need of more oil and gas reserves to help in developing other economic sectors for fast industrial development of the country.”
According to him, exploring the inland basins will be beneficial to the nation, especially because the Niger Delta and offshore areas have witnessed exploration for too long.
