ThrowBack Thursday: Oloibiri Oil Discovery (1959)
A very major bulk of Nigeria’s wealth since the 1950’s has been from oil; and quite a majority of this oil have been explored in the Niger Delta region of Nigeria. Until oil was discovered, agriculture was the primary contributor to the entire Gross Domestic Product (GDP), and everyone went to sleep since then, except […]
Kenya Offers Oil blocs, Visas to Nigerian Investors
President Goodluck Jonathan was on a state visit at the weekend to Kenya, where he met with his Kenyan counterpart President Uhuru Kenyatta, Kenyan businesses leaders, and the Nigerian community there. There were several bilateral and trade agreements signed, and Kenya has offered oil wells and visas covering between five to ten years to genuine […]