At FUTA /PTDF Workshop, Experts Reveal How to Explore Mineral Potentials in the Chad Basin

futa full-logo 600 newThe Federal University of Technology, Akure recently played host to technocrats in the downstream sector of the oil industry and scholars in related field.  The   one-day Technology Knowledge Sharing Programme (TKSP) with the theme, “Geology and Mineral Deposits in the Nigerian Flank of the Chad Basin:  Implication Hydrocarbon sustainable Development’ was sponsored by the Petroleum Technology Development Fund (PTDF).

Addressing the participants, the Vice-Chancellor, Professor Adebiyi Daramola represented by the Deputy Vice Chancellor (Academic), Professor Adedayo Fasakin said the workshop was significant to the country because it thorough-bred specialists in the fields of Geology and Applied Geology brain storming the benefit of the nation, the academia and humanity.  He however, reminded the gathering that implementation was crucial to achieving any laudable success in any academic endeavor.  Prof. Daramola said, “The question of impact is the main challenge in the activities of the intelligentsia and academia in our society. We are very long on but short on implementation.’ He therefore challenged the participants to ensure the implementation of the outcome of the workshop.

The General Manager, and Resources, PTDF, Mr. Jide Adebulehin represented by the , Resources Division, Mr. Mohammed Haruna in his address urged the authorities in the sector to properly utilize the resources in the Chad Basin so that new vistas of opportunity could be opened the Nigerian economy. Mr. Adebulehin said reality must be separated from fiction to address the integrated data system of the hydrocarbon in the Chad Basin exploration activities. According to him, ‘petroleum system of Chad Basin is full of that can be harnessed to develop the Nigerian economy’.

At the end of the workshop the team of experts  which  included, Professor MAO Rahman , Obafemi Awolowo University,   Dr. Bertram Ozumba of Shell Petroleum Development Company,  Prof. D.O. Adefolalu, Dean,  School of Earth and Mineral Sciences, FUTA. Prof. J.A. Adekoya , Osun University, Prof. Ibrahim Goni  PTDF Chair, University of Maiduguri, Prof. O.S. Adegoke, Consultant Mosunmolu Nig. Ltd.  concluded that, “to be able to maximize the potential of Geology and Mineral Deposits in the Nigeria Flank of the Chad Basin, there must be an increase in the research grants to cover large areas of seismic surveys and drilling wells.  This is because the basin has higher potential to gas and lower potential for oil’.

They also called for continuous studies to be carried out in Nigeria like it has been done in Niger, Ghana and Cameroon because of the potentials in hydrocarbon accumulation in the basin which is favorable to gas exploration.

No tags for this post.